(Reuters) - The suit, filed on Wednesday in the central district of
California, seeks to recover "illegitimate profits" generated
by "sham" joint ventures formerly operated by Realogy Corp.,
Prudential California Realty and Property I.D. Corp.
Under California law, home sellers or their real estate
agents are required to provide a statement of hazards, such as
flooding, fires, or earthquake fault lines, usually in the
settlement process for a property sale, according to the
government.
Read more at Reuters.com Government Filings News
California, seeks to recover "illegitimate profits" generated
by "sham" joint ventures formerly operated by Realogy Corp.,
Prudential California Realty and Property I.D. Corp.
Under California law, home sellers or their real estate
agents are required to provide a statement of hazards, such as
flooding, fires, or earthquake fault lines, usually in the
settlement process for a property sale, according to the
government.
Read more at Reuters.com Government Filings News
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