Jerry L. Freedman, A Professional Corporation
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Real estate-related complaints: myriad and broadly sourced

Would-be homeowners in Ventura County, the San Fernando Valley and elsewhere across the vast regional expanse of the Los Angeles metropolitan area must obviously exercise due care in working with agents/brokers who are representing them in the purchase or sale of property.

That stated reality is no attempted denigration of that profession; rather, it proceeds from the simple acknowledgment that unscrupulous characters exist in every profession, with real estate hardly being excepted.

And the due diligence and care that must be practiced by homeowners must be similarly exercised by commercial entities engaged in realty-related buying and selling activities.

As noted in a recent media focus on legal complaints directed at realty professionals, risks for consumers in property transactions are many and diverse.

Here's a central concern: broker misrepresentation.

That centrally encompasses two things, namely, misrepresentation and failure to adequately disclose. A real estate agent might fudge on the details regarding property boundaries, for example, or simply not even mention known adverse information concerning an environmental or title problem.

Another matter that can lead to legal concerns and issues is so-called "dual agency," which enables a broker to legally represent both a seller and buyer, simultaneously. Many states, including California, permit dual agency. It is not difficult to see how the process can result in mixed loyalties and an inadequate safeguarding of one side's interests in a property transaction.

We note on our real estate and business litigation website at the Westlake Village law firm of Jerry L. Freedman many additional issues that can result in claims against real estate agents.

Those include lack of agent transparency in communicating matters concerning building code violations, the existence of hazardous waste, soil problems and pending lawsuits.

Homeowners and business principals with questions or concerns regarding a property-related matter can contact a proven real estate attorney who routinely promotes the interests of clients in this important legal area.

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Jerry L. Freedman, A Professional Corporation
3625 E. Thousand Oaks Blvd., Suite 292
Westlake Village, CA 91362

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Phone: 805-409-9056
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