Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Pharoah Fawcett was visiting his nephew in the Running Springs Condo Development. As he walked in the grassy area between the main building and

1. Pharoah Fawcett was visiting his nephew in the Running Springs Condo Development. As he walked in the grassy area between the main building and the nephew's condo, Fawcett slipped and fell in a sink hole in the grassy area. Fawcett suffered a broken ankle. Who is responsible for his injury? Please explain.

2. John is a member of the HOA's Board of Directors. He has missed 8 out of 12 board meetings. The other board members have each missed at least 50% of the board meetings. The board never hired an outside accountant to review the financial reports of the condo manager. Eighteen months after John joined the board of the HOA, Ted, an accountant and a new board member, reviewed the condo manager's reports and discovered that the condo manager had embezzled $200,000 from the HOA. Several of the homeowners have filed a lawsuit against the board members. What would the board members best argument(s) be to defend against this lawsuit, and what would the homeowners' best argument(s) be in support of their lawsuit?

3. Can an unlicensed broker collect a commission for property sold? Please explain

4. Wonder Woman listed her property with Linda Carter, an agent with DC Realty. Carter brought Wonder Woman 3 buyers who were each ready, willing and able to purchase Wonder Woman's home. Each of them presented offers equal to the listed price. Carter did not present any of these offers to Wonder Woman because Carter was confident that she could find buyers who would offer more than the listed price. The California Department of Real Estate brings an action to revoke Carter's agent's license. What would the result of that action be? Please explain

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Lawyer Leadership

Authors: Leah W. Teague, Elizabeth M. Fraley, Stephen L. Rispoli

1st Edition

1543825257, 978-1543825251

More Books

Students also viewed these Law questions