N.C. Becomes Fifth State to Sue Brokerage Firm Over Right-to-list Agreements

March 23, 2023

North Carolina became the fifth state to file a lawsuit against real estate firm MV Realty alleging that the company violated laws prohibiting unfair and deceptive practices by tricking homeowners into signing 40-year real estate agreements. ALTA has worked with national stakeholders to design model legislation to make these types of unfair agreements unenforceable, prevent the recording of the agreements in land records and provide consumers with options for seeking damages. 

Please Log In to View

Contact ALTA at 202-296-3671 or [email protected].