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NAR settles commission lawsuits for $418 million

Housing Wire

The National Association of Realtors has agreed to pay $418 million in damages to settle the commission lawsuits. NAR’s legal counsel approved the settlement agreement early Friday morning. The story was first reported by the New York Times. It has yet to be filed in court.

Legal 540
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NAR board votes to leave dues unchanged in 2025

Housing Wire

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. represent themselves 2. represent themselves 2.

Realtors 397
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DataDigest: 25 years of NAR lobbying visualized

Housing Wire

The National Association of Realtors (NAR) is navigating turbulent waters. The trade group also faces two massive class-action lawsuits that could forever upend the agent commission structure , and is fighting a separate legal battle with the Department of Justice. million members, the majority of whom are women.

Realtors 418
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Remote online notarization is the proper path forward for digital closings

Housing Wire

The American Land Title Association , the Mortgage Bankers Association and the National Association of Realtors all endorse the legislation. The model legislation creates legal certainty across the country by providing a uniform and consistent framework that is based on a common set of core principles. To date, 37 states and U.S.

Law 468
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Trade Groups Unite to Combat Deed Fraud

Appraisal Buzz

” brief include the American Land Title Association (ALTA) , AARP , Mortgage Bankers Association (MBA) , National Association of Realtors (NAR) , National Notary Association (NNA) , and Property Records Industry Association (PRIA). These crimes result in legal costs, reduction in equity or property value and even property loss. “The

Law 397
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Velocity Conference Presents Solutions for an Evolving Market

Appraisal Buzz

Tax liens may be imposed for the purpose of collecting delinquent taxes which are owed on real property or personal property, or it may be imposed as a result of a failure to pay income taxes, or as a result of a failure to pay other taxes.

Marketing 221
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Consider These Factors Before Buying Land In 2023

Cleveland Appraisal Blog

Land ownership comes with legal obligations which can change quite a lot depending on where you are buying land. Before you purchase anything, consider the legal implications, including property taxes, zoning laws, environmental regulations, and permits required for your intended use. What are the local regulations?