MV Realty a Delray Beach FL brokerage - 40 year exclusive right to sell, Scam

[Account Closed]

This is the kind of thing you'd expect from Morris Invest, tho' it was someone else.  Watch out for it elsewhere. Be careful out there!

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This Florida company was accused of scamming homeowners.

MV Realty uses quick cash to entice homeowners into signing 40-year contracts.

In a news release, the lawmakers specifically cited MV Realty, a Delray Beach-basedbrokerage that provides quick cash to homeowners who sign over the exclusive rights to sell their homes. What many do not realize is that these contracts last 40 years and allow the company to place a lien on their homes.

Attorney General Ashley Moody expressed her support for the legislation. In a statement, she said it “shuts down an unfair, unscrupulous new practice that aims to take advantage of Floridians and their most important asset, their homes.”

In her lawsuit, Moody asks the judge to prevent MV Realty from enforcing any of its current Homeowner Benefit contracts and to prevent the company from engaging in deceptive business practices going forward. She also requests that MV Realty return the money it took from homeowners and pay civil penalties.

https://www.tampabay.com/news/florida/2023/02/22/this-florid...

detailed at Dan @ I Allegedly

www.youtube.com/watch?v=jUDFSegSUzg