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North Carolina Tosses Illegal Broker Price Opinion

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Mike Kennedy

Elite Member
Sep 28, 2003
Professional Status
Certified Residential Appraiser
New York
North Carolina Tosses Illegal Broker Price Opinion
The North Carolina Court of Appeals on Sept. 6 affirmed a trial court's exclusion of a broker price opinion from evidence because it reported market value instead of price. The case should serve as a strong warning to real estate brokers in North Carolina who violate the law by preparing BPOs and CMAs that report market value rather than price. <FULL STORY
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