Pablo, the case was remanded back to the trial court, for trial.
In essence, what this ruling does is take away the “historical” control of a listing agent to withhold material facts regarding the saleability of a listing and then piecemeal that info out as it becomes (glaringly) necessary (after a buyer is already committed to a transaction).
I think its a terrific ruling for buyers in that they deserve to know exactly what they will be purchasing UP FRONT and whether it CAN be purchased acc to the terms of their accepted purchase offer, before even wasting their time with the transaction.
Why don’t you read some of the legal opinion around the web on the ramifications of this case, Pablo?
