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32. Loan from Client

117 DOS 94 Matter of Fried - fraudulent practice in procuring loan from client, to be repaid out of commission when transaction closed; failure to disclose outstanding debts owing to broker for commission advances previously received; inability to repay is no defense; restitution not available in licensing proceeding, it is incidental to primary purpose of licensing; application for renewal denied 

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Fourth quarter Legal Lines now available

The fourth quarter 2018 edition of NYSAR’s Legal Lines is now available online at NYSAR.com. This edition covers brokers not responsible for an error on a listing, a landlord offering alternative accommodations did not violate the Fair Housing Act, Supreme Court finds a brokerage entitled to commission under an agreement and more. Learn more

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