Episode Details
Back to Episodes
Nevada Homeowners Win Big in MV Realty Settlement
Description
Nevada Homeowners Score Major Victory: MV Realty Settles Over Deceptive Contracts
Nevada homeowners trapped in shady real estate deals with MV Realty have reason to celebrate. The state attorney general and consumer affairs office have settled with the Florida-based company over deceptive homeowner benefits agreements. These contracts, which locked homeowners into exclusive listing rights for up to forty years, have been nullified, and MV Realty will pay $200,000 in restitution to victims who paid early fees. The settlement follows a push by Assemblymember Heidi Kasama to cap new deals at one year and a nationwide trend of states banning or curbing these contracts.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/93535100ef825de4