Frivolous Lawsuits - Article from Anchorage Board of Realtors..
They’re costly, usually
unexpected… and they
silently threaten your career.
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Now Alaska REALTORS® are leading an
effort to ensure frivolous lawsuits target the person
who tries to target you.
Now Alaska REALTORS® are leading an
effort to ensure frivolous lawsuits target the person
who tries to target you.
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The long term goal is to pass a law in Alaska
that would protect victims of frivolous lawsuits by
monetarily penalizing the loser.
The long term goal is to pass a law in Alaska
that would protect victims of frivolous lawsuits by
monetarily penalizing the loser.
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It would be modeled after Colorado legislation which requires
a Judge to determine if a lawsuit filed is frivolous.
a Judge to determine if a lawsuit filed is frivolous.
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If so, the plaintiff is ordered to pay the defendant
double the cost of litigation. That means the
attorney who filed the lawsuit could have to pay
damages. The idea is to prevent attorneys from
pursuing lawsuits without basis.
If so, the plaintiff is ordered to pay the defendant
double the cost of litigation. That means the
attorney who filed the lawsuit could have to pay
damages. The idea is to prevent attorneys from
pursuing lawsuits without basis.
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The Alaska Association of REALTORS®
Industry Issues Committee met last week to create
a local action plan to gather local support from
other business owners and industries that are also
commonly hit with frivolous lawsuits. Among
them, homebuilders, medical providers and
attorneys.
The Committee hopes to see an Alaska bill
introduced next session in the House Labor &
Commerce Committee that would also require the
loser to pay double the cost of the suit.
The Alaska Association of REALTORS®
Industry Issues Committee met last week to create
a local action plan to gather local support from
other business owners and industries that are also
commonly hit with frivolous lawsuits. Among
them, homebuilders, medical providers and
attorneys.
The Committee hopes to see an Alaska bill
introduced next session in the House Labor &
Commerce Committee that would also require the
loser to pay double the cost of the suit.
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Link to Source
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They Call it Frivolous Lawsuits, I as an Ex-Realtor who has seen the "system" in action, I Call it Your Life. When a Real Estate Consumer Attempts to Sue a Realtor, andof courses LOSES, the Realtors and All their Political Clout, they get mad and they rise up in large, well funded groups and Legislative to Take your Power to Hold Realtors accountable away from you for GOOD. The Realtors, at ALL costs MUST defend their Right to Lie, their Right to Fail To Disclose, and their right to ruin your life. Claims against Realtors are most often TRUE... and Protecting the REAL Victim in the Real Estate Transaction is NOT what the Goal of the Association of Relators is or EVER really has been.
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the Person "they" speak of that is "targeting the Realtor" is the Homeowner who has lost everything because a Realtor did not tell them know problems with a house, it is the person whose son has cancer from Mold that a Realtor knew about, it is the person who was almost killed by a collapsing beam because of Non-Disclosure, the person who has dry ponds in their yard because the Realtor lied about water rights, the person who has to take a bedroom because of the lies of a Septic Size, the Person who pays $20,000 to fix a Radiant heating system when the Realtor knew how bad it was and did not disclose, the person who loses sleep - hundreds of thousands of dollars - equity - time and endures ENORMOUS amounts of Stress because of a Realtor who FLAT out Lied to them and is in NO Way Accountable.
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the Person they Speak of is the Victim ...
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And that is Who the Realtors Want to Make Sure that they can no longer "silently threaten". Penalizing the LOSER, the Loser is the Real Estate Consumer and they have Suffered ENOUGH at the Hands of the Realtors....
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"
the plaintiff is ordered to pay the defendant
double the cost of litigation"
the plaintiff is ordered to pay the defendant
double the cost of litigation"
So when you Lose and YOU certainly Will
because the Realtors have E and O insurance
and this REALTOR insurance will keep you
in court longer then you can possibly stand...
because the Realtors have E and O insurance
and this REALTOR insurance will keep you
in court longer then you can possibly stand...
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This Will Smack the Wrists and the Pocket Books of
the Real Estate Consumer and make Sure they Do
Not EVER try and Make a Realtor accountable for
their action AGAIN.
the Real Estate Consumer and make Sure they Do
Not EVER try and Make a Realtor accountable for
their action AGAIN.
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And to Make Matters Worse they threaten Attorneys..
Hey, if you stand with the Consumer, the Victim,
Hey, if you stand with the Consumer, the Victim,
You Will LOSE and with that Loss
you Will Pay Damages
you Will Pay Damages
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Thereby Discouraging the Real Estate Attorneys
from even thinking about taking a case
against a REALTOR, a member of the
National Association of Realtors..
from even thinking about taking a case
against a REALTOR, a member of the
National Association of Realtors..
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A bit Like a Cartel .. Don't Ya Think...
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Do Judges have bias when a Realtor is Involved?
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I don't Know, but hey, Realtors Have More Money
than the Real Estate Consumer, Better Attorneys,
and with their numbers they Sure Can make alot
more Noise then the Real Estate Consumer.
than the Real Estate Consumer, Better Attorneys,
and with their numbers they Sure Can make alot
more Noise then the Real Estate Consumer.
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Think About this Stuff Folks...
Think About this Stuff Folks...
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I Just want You to Consider this Stuff.
I am NOT asking you to Believe Me,
I am Simply Exposing Situations for you to
Learn More, to Ponder to Think About...
I am NOT asking you to Believe Me,
I am Simply Exposing Situations for you to
Learn More, to Ponder to Think About...
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