Judge blocks company behind 40-year listings from enforcing agreements in Florida. Could OH be next?
A Florida judge has issued an injunction blocking a company that has been the focus of a series of News Center 7 I-Team investigations from enforcing its controversial 40-year listing agreement in that state.
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The I-Team's lead investigative reporter John Bedell has the latest on the ruling and if Ohio could ask for something similar tonight on News Center 7 at 5:30.
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MV Realty's controversial Homeowner Benefit Agreements have been the focus of I-Team reports for more than two years. The new ruling barred the company from enforcing those agreements and placing liens on homes in Florida.
The decision also says MV Realty cannot collect any money from Florida homeowners under contract with them.
This comes in connection with the Florida Attorney General's Office lawsuit against the realty company.
Court documents obtained by the I-Team show roughly a third of the company's contracts around the country are in Florida, where MV Realty is headquartered.
'This ruling is absolutely an important and positive step forward in getting relief for any consumers that were harmed by MV Realty,' Sarah Mancini, a lawyer with the National Consumer Law Center, said.
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