Great Lakes Realty Systems, Inc. - Course 900 Series Resource Center

Course 900 Series Michigan
Real Estate Continuing Education

MODULE 2: REAL ESTATE RELATED CASE LAW

•	2.01: NAR 2007 Legal Scan
•	2.02: Backup Offers
•	2.03: Banking Regulations
•	2.04: Breach of Contract
•	2.05: Buyer Agency
•	2.06: Condominium Bylaws
•	2.07: Cybersquatting
•	2.08: Fraud
•	2.09: Michigan Consumer Protection Act
•	2.10: Open Records Laws
•	2.11: Predatory Lending Ordinances
•	2.12: Principal Residence Exemption
•	2.13: REALTOR^® Association Rules
•	2.14: Right of First Refusal
•	2.15: Section 8 Vouchers
•	2.16: Seller Disclosure Act
•	2.17: Surplus Foreclosure Sale Proceeds

Back to the Course 900 Series Resource Center

2.01: NAR 2007 Legal Scan
	•	National Association of REALTORS^® (NAR)

2.02: Backup Offers
	•	Real Estate "Redbook" (454k)
	•	Lightle v Alaska Real Estate Comm'n (53k)

2.03: Banking Regulations
	•	Watters v Wachovia Bank NA (218k)
UPDATE! The text notes that legislation prohibiting banks from entering real estate has been introduced but not enacted.

Public Law 110-161 (25k), titled the Consolidated Appropriations Act of 2008 and enacted December 26, 2007, eliminated a provision that would have permanently banned banks from entering the real estate brokerage, property leasing and management business and replaced it with a temporary ban for 2008 and 2009 only.

2.06: Condominium Bylaws
	•	Fair Housing Act of 1968 (151k)
	•	Villas West II of Willowridge v McGlothin (217k)

2.07: Cybersquatting
	•	PL 106-113 (Anticybersquatting Consumer Protection Act - 108k)
	•	HER Inc v Re/Max First Choice LLC (106k)

2.08: Fraud
	•	Seller's Disclosure Statement (23k)
	•	Smith v Cristoforo (95k)

2.09: Michigan Consumer Protection Act
	•	Michigan Consumer Protection Act (48k)

	•	Liss v Lewiston-Richards Inc (175k)
	•	How and Why the Consumer Protection Act Came to Be (80k)

2.10: Open Records Laws
	•	WIREdata Inc v Village of Sussex (121k)

2.11: Predatory Lending Ordinances
	•	Am Financial Servs Assn v Cleveland (133k)

2.12: Principal Residence Exemption
	•	Wojnaroski v Twp of Oscoda (93k)
	•	Leviton v New Buffalo Twp (87k)

2.13: REALTOR® Association Rules
	•	National Association of REALTORS^® (NAR)
	•	Drazinakis v New Jersey Ass'n of Realtors (20k)

2.14: Right of First Refusal
	•	Phillips v Homer (In re Egbert R Smith Trust) (98k)
UPDATE! Upon appeal, the Michigan Supreme Court affirmed this ruling in a decision (128k) dated March 19, 2008.

2.15: Section 8 Vouchers
	•	HUD Section 8 Voucher Program
	•	Rosario v Diagonal Realty LLC (18k)

2.16: Seller Disclosure Act
	•	Seller Disclosure Act (29k)
	•	Seller's Disclosure Statement (23k)
	•	Border v Henning (110k)

2.17: Surplus Foreclosure Sale Proceeds
	•	CTC Real Estate Services v Lepe (14k)