LexisNexis® Legal Newsroom
Spooky for developers! Potential relief for buyers from the Interstate Land Sales Full Disclosure Act

The Interstate Land Sales Full Disclosure Act was enacted in 1968 to address developers who sold undesirable - and often unbuildable - land to unsuspecting consumers. In the forty-plus years since this law was enacted, this abusive type of land sale has waned. However, compliance with the Act or...

Vetstein Law Group: Nearby Waste Water Treatment Plant Causes A Stink With New Home Buyers

By Richard D. Vetstein, ESQ Does A Massachusetts Seller and Realtor Have A Legal Duty To Disclose The Existence of a Smelly Waste Water Treatment Plant? Dear Attorney Vetstein: We purchased our first home in September. We were unfamiliar with the area and relied heavily on the realtor's...

How Lady Gaga Keeps Her Poker Face And Avoids The Paparazzi When Looking For An Apartment

The New York Times recently reported on the lengths celebrities go to in order to maintain their anonymity when buying property in New York City (" Keep My Boldface Name Out Of It "). Real estate brokers interviewed for the article described signing confidentiality agreements with clients,...

Is "Buyer Beware" Alive and Well? An Overview of Massachusetts Real Estate Disclosure Law--Caveat Emptor: “Let The Buyer Beware”

By Richard D. Vetstein, ESQ Caveat Emptor is an old common law rule which means "Let the Buyer Beware." In plain English, it means that home buyers are on their own when it comes to the condition of the property. If there is a defect of any kind, it becomes the buyer's problem, not the...

Real Cases in Real Estate By Andrea Lee Negroni, Esq. – February 8th, 2012 Update

Real Cases in Real Estate is a weekly update on real estate law, with legal principles illustrated and explained by lawsuits from around the country. The topics are wide-ranging for appeal to a broad spectrum of readers including lawyers, homeowners, investors and the general public. Andrea Lee...

Vetstein Law Group: Bidding Wars Are Back In Greater Boston! Legal And Strategic Guidance For Massachusetts Buyers & Sellers

By Richard D. Vetstein, ESQ I cannot believe I'm writing this post, but yes it's true, the real estate market in Greater Boston, Massachusetts has now come full circle and bidding wars are back. Don't believe me? Just read this Boston Globe article from today . Now that bidding wars...

Funny, I Didn’t See the Double Homicide in the Seller’s Disclosure!

Do sellers of real estate have a duty to warn potential buyers about murders or suicides that occurred at the property they are trying to sell? The answer in most states, somewhat surprisingly, is no. As MSNBC reported in a recent article, " 3 BR, hot tub, 3 murders: How homicide homes hold their...

Sixth Circuit in Carter Refuses to Defer to HUD’s RESPA Guidelines

In a decision two years in the making, on Wednesday, November 27, 2013, the Sixth Circuit Court of Appeals brought some clarity to the use of affiliated business arrangements (“ABAs”) under Real Estate Settlement Procedures Act (RESPA). In doing so, the Court dealt a serious blow to what...