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Michigan Stockbroker Fraud Questions & Answers
1 Answer | Asked in Real Estate Law and Stockbroker Fraud for Michigan on
Q: My deed was drawn up by a real estate broker who carried a license that was on probation for mishandling of funds

And other money related incidents. Also the notary that notrized my documents had a license that was expired since 2013. (All verfied through Michigan licensing department). Does this affect the validity of any of my paperwork or my deed? Can I file a formal complaint ?

Thank you !

David Soble
David Soble answered on Feb 27, 2018

Real estate sales people should not be drafting conveyance instruments - deeds. You should have your documents reviewed by a real estate attorney.

1 Answer | Asked in Stockbroker Fraud and Real Estate Law for Michigan on
Q: Contract had no dates and broker held it for 6 weeks, then had seller sign, is it valid?

I singed the contract on Nov. 16, then tried to back out on Jan 1 due to inactivity. On Jan. 1, I was told that I would lose my earnest money deposit if I backed out. Then broker had seller sign contract on Jan. 6. Contract still has no dates on it. Is the contract still valid? Can I ask that... Read more »

David Soble
David Soble answered on Jan 30, 2018

If you put in an offer and then revoked the offer in writing BEFORE the seller accepted, you should be able to walk away from the contract. However, Michigan courts have held that signatures on the (bottom lined) merely evidence that the Parties have an agreement. Courts will also look at the... Read more »

1 Answer | Asked in Stockbroker Fraud and Real Estate Law for Michigan on
Q: When a seller lists their home with a realtor, who owns the listing - the agent they signed with or the broker?

Our agent left the office she was working in and now the broker is holding us to the listing agreement and is advertising it as a new listing. Doesn't a new listing agreement need to be signed? We would prefer to follow the agent we originally listed with. Are we going to have to wait until the... Read more »

Brent T. Geers
Brent T. Geers answered on Dec 29, 2017

The listing is with the broker.

Q: Hello I had a friend who introduced me to a lawyer who only talks through texts who says he gets you free federal grant

Then he wants me to send copy of ID then my birthday name and address for money to come proof of income then he says I have to send 470 for a clearance fee then they send me 350,000 after I send it is this a scam I never seen him he only communicate through text messages

Adam Alexander
Adam Alexander answered on Nov 24, 2017

Yes, a scam.

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