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9. Blockbusting

269 DOS 96, Matter of DOS v. Logan - blockbusting; laches; licensee’s attempt to induce homeowners to list their property for sale by stating that homeowners could not be assured that in a few months they would receive as much for their home as they presently could because black persons were moving into the neighborhood constituted blockbusting; homeowners and community activist could act as private testers; DOS does not have to establish that homeowner relied on representations of licensee to establish violation of blockbusting; to establish defense of laches, respondent must show substantial prejudice arising out of a delay in the hearing by establishing that the delay significantly and irreparably handicapped the preparation of a defense; future deterrence of an extremely serious act requires the imposition of a substantial penalty; six (6) month license suspension 
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Third quarter Legal Lines now available

The third quarter 2018 edition of NYSAR’s Legal Lines is now available online at NYSAR.com. This edition covers what a broker's agent actually is, the legal issues related to social media use, conditional approval for financing is not a mortgage commitment and more. Learn more

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