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Insurance

Oct. 8, 2010

Risky Exposure: Real Estate Brokers and Property Investments

By investing in real property, real estate brokers increase their risk of professional liability. By Pamela Burkardt of The Bennington Grand Group and Joel T. Shackelford of Kaufman, Dolowich, Voluck & Gonzo.

By Pamela Burkardt and Joel T. Shackelford

Real estate brokers traditionally engaged in typical transactions between real property buyers and sellers may have found their practices changing given the current market and the ability to see promising returns with investments in distressed real estate. Currently, many real estate brokers are expanding their reach to take advantage of these investment opportunities, but before doing so, they should verify tha...

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