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The National Association of Realtors maintains rules that each MLS owned by a local association of Realtors is required to follow. In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [7]
The Fair Housing Amendment Act of 1988 did make a system of administrative law judges to hear housing discrimination cases to help against the illegal actions. Other examples of federal legislation may include increased federal legislation enforcement, scattered-site housing, [ 21 ] or state and local enforcement on a more concentrated level ...
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Santa Clara, California. It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users.
In law, slander of title is normally a claim involving real estate in which one entity publishes a false statement that disparages or clouds another entity's title to property, causing a financial loss. [1]
In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. [1] These can include death of an occupant, [ 1 ] [ 2 ] murder , [ 1 ] [ 2 ] suicide , [ 2 ] previous illicit activities, and even the belief that a house is haunted .
Initially, the business located repossessed houses and sold the information to real estate agents, expanding by 1998 to cover 100,000 properties in the state of California. [ 7 ] [ 10 ] In 1996 White teamed up with Hughes Aircraft Research Engineer Ronald Schwarzrock to found Realtytrac Information Systems LLC, with Keane as the lead programmer.
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