Real Estate Fraud and Consumer Fraud
California has a strict set of laws governing the sale of Residential Real Property based on full disclosure by the seller of all known defects. Real Estate Agents who are involved in such transactions are required to conduct a reasonable investigation of the property and fully disclose the results of the investigation to potential buyers. When a Seller or Real Estate Agent participates in a sale of residential real property on which there exist concealed defects, without making a full disclosure of those defects, the buyer may have the right to sue both the Seller and the Agent for damages resulting from the concealed defect. Our firm handles cases involving fraud and non-disclosure in the Sale of Residential Real Property, including Plumbing and Electrical Defects, Landfill Subsidence, Cracked Slabs and Foundations, Pest and Termites Infestation, Dry Rot or Mold. Our firm has experience with individual and class action claims involving Consumer Fraud, and represents fraud victims with claims under the California Legal Remedies Act on a contingency fee basis.
Our firm also handles cases involving another forms of real estate fraud, including the failure to honor or repay private loans to Real Estate Promoters and Developers, and Fraudulent Trust Deed and Mortgage Sales. In this type of fraud, private citizens are induced to make investments or loans to persons who present themselves as being involved in the development of legitimate real estate projects, but in reality, are in the business of swindling unsophisticated investors. Crooked dealers sometimes also sell unregulated Trust Deeds and Mortgages to unsophisticated investors, who wrongly are told that the investment is insured, secured or guaranteed against lost. Many times these transactions turn out to be riddled with fraud and result in a total loss to the investor.
In California, the Consumer Legal Remedies Act, Civil Code Section 1780, et seq., prohibits deceptive business practices directed at consumers. Nearly all states have similar laws. Consumer Protection laws prohibit such unfair and unethical practices as Deceptive Advertising, the Sale of Defective or Unsafe Products and any other deceptive practice used to procure the sale of goods and services. For example, a potentially huge number of consumers with legal rights under the law are those who have fallen prey to outlandish claims made by marketers of nutritional supplements used for muscle growth, weight loss or breast enlargement. Many of these products are sold as "guaranteed" by the seller, but viewed as either worthless or dangerous by the scientific community. Consumer protection laws also prohibit deceptive practices in connection with the marketing of intangible products such as credit cards, home loans, disability and life insurance, automobile service contracts, and a wide variety of other business activities, such as credit repair, vocational schools, tax negotiators, and any other regular or professional service provided to consumers. Our firm also handles Lemon Law claims arising from the Sale of Defective Vehicles and Motor Homes and claims involving Fraud in the Sale of Precious Metals and Coins.
Please fell free to give us a call at 1-800-306-6010 or contact us online.
Our firm also handles cases involving another forms of real estate fraud, including the failure to honor or repay private loans to Real Estate Promoters and Developers, and Fraudulent Trust Deed and Mortgage Sales. In this type of fraud, private citizens are induced to make investments or loans to persons who present themselves as being involved in the development of legitimate real estate projects, but in reality, are in the business of swindling unsophisticated investors. Crooked dealers sometimes also sell unregulated Trust Deeds and Mortgages to unsophisticated investors, who wrongly are told that the investment is insured, secured or guaranteed against lost. Many times these transactions turn out to be riddled with fraud and result in a total loss to the investor.
In California, the Consumer Legal Remedies Act, Civil Code Section 1780, et seq., prohibits deceptive business practices directed at consumers. Nearly all states have similar laws. Consumer Protection laws prohibit such unfair and unethical practices as Deceptive Advertising, the Sale of Defective or Unsafe Products and any other deceptive practice used to procure the sale of goods and services. For example, a potentially huge number of consumers with legal rights under the law are those who have fallen prey to outlandish claims made by marketers of nutritional supplements used for muscle growth, weight loss or breast enlargement. Many of these products are sold as "guaranteed" by the seller, but viewed as either worthless or dangerous by the scientific community. Consumer protection laws also prohibit deceptive practices in connection with the marketing of intangible products such as credit cards, home loans, disability and life insurance, automobile service contracts, and a wide variety of other business activities, such as credit repair, vocational schools, tax negotiators, and any other regular or professional service provided to consumers. Our firm also handles Lemon Law claims arising from the Sale of Defective Vehicles and Motor Homes and claims involving Fraud in the Sale of Precious Metals and Coins.
Please fell free to give us a call at 1-800-306-6010 or contact us online.
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Real Estate and Consumer Fraud FAQs | Real Estate and Consumer Fraud Glossary
Real Estate and Consumer Fraud Resources
Real Estate and Consumer Fraud Resources
