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Manhattan Loft Guy

Tagged "Disclosure"

Manhattan Loft Guy

Blog by Sandy Mattingly

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

(bad) quote of the day / lawyer stumbles in NYT real estate Q&A

Sep. 1, 2009

Categorized in: Manhattan real estate business

Tagged with: agency, confidentiality, designated agent, disclosure, dual agent, fiduciary, loyalty, ny times, romano

The Sunday Real Estate section of the New York Times regular feature by Jay Romano, Real Estate Q&A last week posed a complex question and provided an overly simple answer from a lawyer who represents the Westchester Board of Realtors. I wonder if the law

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why a gag rule within REBNY about specific listings?

Apr. 10, 2008

Categorized in: Manhattan real estate business

Tagged with: agency, disclosure, ethics, gag rule, ny magazine, ny times, rebny

I can imagine a reason for a REBNY gag rule about the listings of other agents that may be in the interests of sellers, as well as several reasons in the interests of sellers' agents. In each case, I believe the rationales to be outmoded if not old-fashioned. But the rule is the rule.

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