Court reinstates lawsuit alleging transaction broker failed to disclose adverse material facts
By Staff @ National Association of Realtors
March 15, 2017

Jason Stauff (“Buyer”) was moving from Texas to Oklahoma, and so he retained a real estate brokerage firm (“Broker”) serving as a transaction broker to help him locate a home.  The Buyer found a home that he liked, and he received the property condition disclosures from the sellers (“Sellers”) after making his offer for the property.

Following his purchase, the Buyer alleged that he discovered numerous defects on the property and claimed that these defects were not properly disclosed to him by both the Sellers and the Broker.

Read the full decision: Stauff v. Bartnick