Many people earn a living by helping people understand and enter complicated financial transactions. These people include real estate agents, lawyers, financial planners, stock brokers, mortgage brokers, etc. These “agents” must be licensed and must always act in the best interest of their clients. Such people act unlawfully when they act in their own best interest or at the expense of the client. Similarly, when an agent makes a careless mistake that costs the client money, the agent should incur the loss. After all, agents get paid for their expertise and to protect clients from mistakes.
Almost any activity whereby a licensed professional takes advantage of their client, or causes the client losses through negligence, the client is entitled to recovery. Examples of such unlawful behavior are too numerous to list, but include:
- The agent not having a proper license;
- The agent advising a client to purchase or sell something just to earn a commission;
- The agent lying about, or failing to disclose, some important information about any transaction;
- The agent missing a critical deadline;
Clients have the right to recover all money they have lost as a result of an agent’s dishonest or negligent actions, plus interest, plus attorney fees. Please click here for an evaluation of your case, or if you have any questions.
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