Archive for February 12th, 2010

Agent Not Liable for Breach of Fidicuary Duty Without Proof of Damages (2010-2-12)

In the recent case of Sharabianlou v. Karp, 2010 DJDAR 2039 (Feb. 8, 2010), the court considered the following facts. “Sharabianlou [the buyer] offered to purchase a commercial building owned by Berenstein Associates.   The [buyer] engaged real estate agent Ronald Karp to represent them in the transaction.  Soon after the offer was made, however, the […]