So it does not matter during good or bad times, bad actors are bad actors.2.

In every market there will be certain "bad actors" not following the rules. 

Ultimately a good contract and contract management system will push the coverage on whomever is the bad actor, and any contract that contains this particular indemnification clause will fail to do so. 

At the end of the day I will not let any one owner put my Real Estate Licenses i jeopardy based on not knowing the laws the VRLTA (Virginia Residential landlord Tenant Act),or Fair housing.  

I was helping select the actors for the leading roles who included Scott Bakula (he accepted the role last I heard), Tim Watters, Tom Byrne and Steve Sires.

I have never done a land trustWe have a living revocable trust that we set upHonestly I should have done it 15 years ago but did it like 6 years ago.I do not see the need for a land trust unless you are a politician, actor or athlete (someone who is famous).I have done business with multiple billionaires (not bragging but trying to make my point) including several that owned professional sports teams - and even they did not use land trusts…

The reason I care is that the real estate profession can get a bad name when bad actors don't follow the rules.

you are speaking of a very small percentage of the overall agent marketIt is similar to actors.

I think bad actors will always be around, there is a need for some consumer protection, but I think regular laws can do this.

Clearly, the Mexican government and other actors have learned their lesson and are investing resources to make sure that this doesn't happen again.