Posted February 03, 2019 09:59:31It’s time for you to find out which property agents in the United States are facing a lawsuit from the property owners they work for.
It’s not a new issue, but the stakes have gotten higher in recent years as more states and cities try to crack down on property agents who use deceptive practices, and some companies have even taken to suing the agents for damages.
The case of an agent in New York City who has sued for $100 million is one of the most recent in a long line of cases in which agents have been hit by lawsuits, the AP reported.
That’s according to documents obtained by the AP and New York Attorney General Eric Schneiderman’s office.
The lawsuit was filed by David M. Kromer, a Manhattan real estate agent, in November 2018 against the Property Agents Association of America (PAAA) for “misrepresentation, fraud, and breach of contract” in connection with a contract he signed with a woman in 2014.
The suit was filed in federal court in New Jersey, and has since been thrown out.
The lawsuit is part of a growing number of lawsuits that allege that agents are taking advantage of their jobs, which typically involve dealing with homeowners and renters, in an effort to make a quick buck.
In an interview with The Associated Press last year, Kromers attorney, Eric J. Schuman, said he is “deeply saddened” by the allegations.
“Our clients are being treated unfairly,” Schuman said.
“They are being cheated.”
In the lawsuit, Kramers lawyer, John P. Reedy, claims that the PAAA “conspired” with Kromes real estate company to mislead clients about the suit.
He said the PAOA made up a list of about 50 agents to represent the group, and told Kroms that its attorney general would represent them.
“The PAAA falsely represented that it would represent the PAACA, which was the entity that represented Krom, and that the only attorneys the PAACA would represent would be lawyers of the PAAGA,” Reedy wrote.
“This was done without informing clients that the true PAACAA attorneys were a small minority of the attorney-general’s attorneys.”
Reedy’s lawsuit also claims that “the PAACAGA misrepresented the PAAPA and the PAAMA to the PAATA, a law firm representing the PAAAA, as a group of individuals who represented the PAAAA.”
In a statement to the AP, a PAAA spokeswoman said that the organization “does not comment on pending litigation.”
“The real estate industry is highly regulated and regulated to ensure compliance with state and federal laws and regulations.
We take any allegations of potential violations of our Code of Professional Responsibility very seriously,” she said.
The AP has not independently verified the authenticity of the claims in the lawsuit.
In the New York lawsuit, the plaintiffs say that Krom’s agent violated a contract that they signed with PAAA, according to a lawsuit filed in New Brunswick, New Jersey.
In addition, the suit alleges that the agent misrepresented a client who was a potential buyer, claiming that the buyer would be receiving the home after the buyer paid the agent’s fee, the complaint states.
“They knew this was a deception,” Kromerman’s attorney said.
Reedy said in a court filing that Kramer was also “falsely represented” by another agent that he was working for PAAA.”PAAA knew that Mr. Kram was going to represent PAAA when it signed his $100M contract, and it also knew that it had paid Mr. Reyers attorney fees, and the realtor fees,” Reyers lawsuit states.
The complaint also says that the company failed to pay the PAAMA fees in accordance with state law, and also that the contract “violated PAAA’s fiduciary duty to its clients.”
The PAAPAA did not immediately respond to a request for comment.