Category Archives: E&O COMMERCIAL REAL ESTATE SERVICES CLAIMS SCENARIOS

Failure to Property Evaluate Creditworthiness of a Borrower

A mortgage broker arranges for a loan in the amount of $900,000 for a small business. Ultimately, the borrower cannot …

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Failure to Appraise at Purchase Price

A real estate appraiser was asked to conduct an appraisal with the caveat to not appraise the property unless they …

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Failure to Timely Process Lease

A tenant seeking a space for a restaurant submitted a signed lease with a real estate broker. The lease was …

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Failure to Cure Mold Problem

In this case several employees of a large employer group became ill with “Sick Building Syndrome.”  These employees sued their …

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Failure to Advise of Easement

In this case a broker for a commercial property leased a space to a large tenant that utilized many large …

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Failure of Space to Meet Zoning Requirements

In this case a selling broker sold a space to a restaurant owner whose intention was to open a restaurant …

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Failure to Obtain Proper Value

A seller’s broker negotiated a deal on behalf of a building owner for approximately $4 million for the sale of …

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Failure to Disclose Environmental Hazard

A building owner hired a real estate broker to sell a commercial property.  The owner completed a seller’s disclosure form …

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Failure to Disclose Dual Agency

A buyer’s broker of a commercial property received an offer from their client.  In good faith they presented the offer …

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Failure to Secure Credible Tenant

A broker representing a prospective tenant negotiated a long-term lease on a commercial building.  The tenant moved in and paid …

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