by Natalka Falcomer | Mar 22, 2024 | Legal Issues, News
In response to a flurry of commission-related lawsuits causing upheaval, the National Association of Realtors (NAR) recently brokered a groundbreaking settlement, pledging reforms and financial restitution. Valued at $418 million over four years, the agreement...
by Gerald Tostowaryk | Feb 29, 2024 | Columnists, Legal Issues
Once again, anti-competitive accusations are being leveled against our industry, this time in the McFall case. I remember back in the early 1990s when the first discount broker of substance came to our market. We were all upset, I still think rightfully so, and there...
by Mario Toneguzzi | Feb 28, 2024 | Legal Issues, News
Recent new client verification requirements for real estate lawyers in Ontario are good news for the industry, say experts. Tim Hudak, CEO of the Ontario Real Estate Association (OREA), puts this into context: “Stories of homes being sold without the owner’s consent...
by Emma Caplan-Fisher | Feb 5, 2024 | Legal Issues, News
Last week, the Canadian Real Estate Association (CREA) sent industry board and association leadership information on the recent class-action suit, McFall v. CREA et al., filed on January 18. The suit names CREA along with several board, association and corporate...
by Natalka Falcomer | Jan 30, 2024 | Legal Issues, News
In a recent legal development, another lawsuit — Kevin McFall v. Canadian Real Estate Association et al — has been filed against various real estate boards, franchisors and brokerages, echoing last year’s Sunderland case. In an exclusive interview with competition law...
by REM Editorial Team | Jan 26, 2024 | Legal Issues, News
The real estate industry is in for another lawsuit very soon. This new case pulls on similar legal claims made in the Sunderland case, which alleges price-fixing conspiracy among industry players. You can learn more about it here and here. Find out more next week, as...
