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Stockbroker Fraud Questions & Answers
1 Answer | Asked in Stockbroker Fraud and Real Estate Law for California on
Q: Do we have to sign a 5arm loan from our broker? We want a 30 year fix, and he says no, we have to do this for 6 months?

First time home buyer, and less than two weeks away from closing. We put down 3.5%, and have excellent credit. We feel that the rates are low enough and want to lock, but the broker and lender want to make more money off us. Does this sound right? We don't want to back out now, as lose the... View More

Richard Samuel Price
Richard Samuel Price
answered on Apr 24, 2016

Best thing to do is discuss this with your agent's broker and with the loan officer. This may be the only way to purchase the home, but it may also be a way to get more business out of you. Remember, that you don't have to buy the house if you still have a loan contingency on the purchase.

1 Answer | Asked in Stockbroker Fraud and Securities Law for Hawaii on
Q: International transportation and trading company limited under the laws of the territory of hawaii merged into the big5

I seen brokers I seen unclaimed property I seen banks. What happens to stocks when a person dies.

Terrence H Thorgaard
Terrence H Thorgaard
answered on Oct 27, 2015

The corporation isn't necessarily notified. The personal representative (or "executor") of the decedent needs to notify the corporation.

1 Answer | Asked in Stockbroker Fraud for Virginia on
Q: Gud day.can u please gve me some samle cses about obligations and rights of warehouseman upon the receipts
Adam Studnicki
Adam Studnicki
answered on Aug 4, 2015

This is too general to answer. A local lawyer can advise based on your specific circumstances.

Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and...
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1 Answer | Asked in Stockbroker Fraud for New Jersey on
Q: A broker that wants to sell my house offer me a kickback out of his commission. Its legal? The House is in New Jersey
Adam Studnicki
Adam Studnicki
answered on Aug 4, 2015

In many states, no, but check with a local lawyer to see for your state.

Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and it may not work for...
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1 Answer | Asked in Stockbroker Fraud for New York on
Q: what do ido if i change brokers
Adam Studnicki
Adam Studnicki
answered on Aug 4, 2015

I don't understand the question.

1 Answer | Asked in Stockbroker Fraud for Florida on
Q: My broker wrote a lease agreement i need to get out of. charging 5 % per year. how do i get out.

With a brokers help they wrote a lease agreement for a tenant of mine. but now i find out i signed a paper that says for any renewals or extensions i have to pay 5% of the yearly total to the broker who got me the tenant. its been 3 years ago and i have not renewed since then. i want to renew with... View More

Robert Jason De Groot
Robert Jason De Groot
answered on Aug 4, 2015

You asked this nearly two years ago. Has the problem been resolved by now?

1 Answer | Asked in Stockbroker Fraud for New York on
Q: Can someone arbitrate in newyork though he signed to arbitrate in another country
Ray Beckerman
Ray Beckerman
answered on Sep 4, 2014

If the arbitration agreement mandates a location, that is usually enforced by the courts. But if both sides agree to arbitrate in New York, then it can take place in New York.

1 Answer | Asked in Stockbroker Fraud for Rhode Island on
Q: Do I have a right to my records from my lawyer in Rhode Island
Neville Bedford
Neville Bedford
answered on Jun 11, 2014

Review your retainer agreement. Some attorneys hold a lien on the file when payment is not satisfied. Your official records will be filed where the matter was heard.

1 Answer | Asked in Stockbroker Fraud for Utah on
Q: I paid for public stock and never received it. What should we do?
Zaven Andranik Sargsian
Zaven Andranik Sargsian
answered on Dec 9, 2013

This is a situation where you should indeed speak with a lawyer in Salt Lake City, or wherever you are located. A few things, however, are not clear about your situation: firstly, when you state "public stock," do you mean you purchased shares of a publicly traded corporation? Also,... View More

1 Answer | Asked in Stockbroker Fraud for Florida on
Q: Can a non-licensed person broker a sale of real property and get paid for it?
Robert Jason De Groot
Robert Jason De Groot
answered on Jul 25, 2013

If the person is an attorney, yes. If not licensed as a real estate broker or agent, no.

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