What Do You Do When You Discover the Value of Your Property Isn’t What the Real Estate Agent Told You?

| July 15, 2014

Misrepresentation Of a Home’s Value For most of us, the most essential term in any Florida real estate transaction is the contract price: the amount the seller and the buyer agree on for purchasing the home, condo, or townhouse. Each side assumes that he (or she) has accurate information on what the property is worth […]

I Received an IRS Form 1099: Can The Bank Still Try and Collect on the Florida Deficiency Judgment?

| July 1, 2014

Here in Florida, more and more deficiency judgment collection efforts are being pursued by lenders and debt collectors, even though the associated foreclosure or short sale happened several years back. And, to make matters worse, and confusing, Florida borrowers have been receiving 1099s (a/k/a IRS Form 1099) from their lender related to their deficiency. What […]

Breach of Fiduciary Duty by a Florida Real Estate Agent: Can You Sue For Damages?

| June 24, 2014

Real estate agents who commit fraud can cause buyers and sellers serious harm.  However, proving fraud in a court of law is difficult because the injured party must provide evidence of intent; it’s not that easy to prove someone’s reason for doing something.  (For details on proving a fraud claim, check out our recent posts […]

Is Your Claim against a Florida Real Estate Agent Covered by E&O Insurance?

| June 10, 2014

Does paying for errors and omissions coverage, mean that Florida real estate agents think they may face a claim arising out of an act or omission in the performance of their services? In Florida, there is no legal requirement that real estate agents, those duly licensed by the State of Florida, carry errors and omissions […]

Can You Sue a Florida Real Estate Agent for Fraud and Can You Recover Punitive Damages?

| May 27, 2014

In Florida, if you have been the victim of an unscrupulous real estate agent or broker, you can do two things: one, you can file an official complaint with Florida Real Estate Commission; and second, you can file a civil lawsuit seeking damages for the losses that you have incurred as a result of the […]