Indiana Real Estate Commission revokes Avon agent’s license over fraud claims
During a commission hearing Wednesday, witnesses said Jeremy Tucker defrauded them out of millions of dollars through unpaid loans or forged documents.
Real Estate & Retail
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Pittman family members settle lawsuits over real estate holdings
The deal paves the way for two previously approved mixed-use real estate projects in Carmel and Zionsville to finally move forward.
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Lawyers, bail bonds firms weighing whether to move with courts
Marion County’s courts will move by December 2021 from the City-County Building downtown to the $580 million Community Justice Campus in the Twin Aire neighborhood. Law firms and other businesses are debating whether to follow.
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Settlement requires real estate brokers to disclose commissions
The National Association of Realtors is revamping its rules about commissions to comply with a settlement reached with the Department of Justice. The settlement requires brokers to disclose commissions on listings published through the Multiple Listings Service.
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Articles
Avon real estate agent involved in dozens of lawsuits faces loss of license
Attorney General Todd Rokita is seeking to revoke the real estate license of Jeremy Tucker, an Avon real estate agent who has been sued dozens of times over local real estate deals.
Pure Development co-founder starts new company following dissolution order
Pure Development, one of central Indiana’s largest commercial development firms, last month was ordered to wind down operations by a judge following a months-long lawsuit between its co-founders.
Local firms partner to buy Capital Center office towers for $35M
One of the largest office complexes in downtown Indianapolis officially changed hands this week, with the new owners eyeing an update for the property that could result in its partial conversion to a hotel. Tenants include the Indiana Supreme Court.
Smaller firms, solo attorneys get creative with office space
Some Indiana solo practitioners and small firms, while not being totally virtual, have taken significant steps to reduce the amount of time spent in a traditional office space and are renting much smaller spaces.
Townsend: Real estate agents should embrace change under new rulings
Recent legal developments have dropped a bomb on how residential real estate has been bought and sold in the United States for the past century, specifically how agents are compensated.
Felony charges filed against man over unpaid utilities at 4 apartment complexes
The charges are related to a high-profile case in which the landlord of the four affordable apartment properties in Indianapolis collected money from tenants but failed to pay Citizens Energy Group for services from October 2019 to April 2022.
COA affirms dismissal of insurance dispute for lack of jurisdiction
A worldwide retailer’s complaint against its insurer will not continue in Indiana state court after the Court of Appeals of Indiana affirmed dismissal for lack of personal jurisdiction.
Longtime Indianapolis real estate lawyer dies
Thomas Michael Quinn, a real estate attorney credited with shaping commercial development in Indianapolis, died May 14. He was 85.
RE/MAX claims franchisee steered brokers to competitor
RE/MAX is suing one of its local franchisees for allegedly instructing his employees to join a national competitor so that he could later follow them and collect a recruitment bonus.
Web Exclusive: Hoosier lawyer picks up real estate ‘side hustle’ during pandemic ‘for fun’
Cruising along with windows down, pointing out favorite homes and daydreaming with her daughter about which house is their favorite is a pastime that Carmel attorney Andrea Shelton didn’t want to give up. Now she’s living out that dream after picking up a side hustle of real estate during the pandemic.
Reversal: Tax deed holder entitled to summary judgment in ownership dispute
A dispute over a misspelled name that led to two entities both thinking they owned an Indianapolis property has been resolved in favor of the entity holding the tax deed.
Woman gets share of property in ‘tenants in common’ dispute
The court found that a woman is entitled to her equal share of a farm that her former boyfriend purchased a decade ago for the couple to live on.
COA: Res judicata bars Indy condo complex’s appeal of receiver fees
This was the fourth time the Court of Appeals has weighed in on the case, which centers on the Towne & Terrace condo development at East 42nd Street and Post Road.
COA: No duty owed to couple struck by drunk driver in grocery store parking lot
A Sullivan County grocery store’s landlord had no duty to protect a couple from being struck by a drunk driver on its premises, the Indiana Court of Appeals concluded in a Monday decision.
Store managers not involved in customer injuries not liable for negligence, justices rule
In answering a certified question from a federal judge, the Indiana Supreme Court held Wednesday that store managers who are not directly involved in a patron’s injury on store property cannot be held liable for negligence under Indiana law.
Adams and Engel: Planning considerations for IRC Section 1031 exchanges
Many commercial real estate owners, even those who previously did not intend to sell, are considering selling their real estate to take advantage of current market conditions. With transactions seemingly becoming quicker each year, it is important for owners to consider many factors when preparing to sell their real estate, including executing an Internal Revenue Code (IRC) Section 1031 exchange.
Pebworth and Sausser: Change, opportunity in post-pandemic real estate market
The COVID-19 pandemic has fundamentally altered how commercial real estate will be developed, built and used. Prudent real estate owners, developers, property managers and builders (and the lawyers who represent them) need to recognize this changed environment and proceed accordingly.
Justices agree to hear appeal in Menards negligence dispute
A ruling from the Indiana Court of Appeals that partially entered judgment in favor of a Menards store in a customer’s personal injury suit will go before the Indiana Supreme Court after the justices granted transfer to the case last week.
Indianapolis loses appeal of order to permit Hustler Hollywood store
The city of Indianapolis has lost its appeal in years-long litigation against Hustler Hollywood, which has been trying for more than four years to open a store in the Circle City. The Indiana Court of Appeals on Friday upheld a lower court ruling ordering the city to issue permits to the adult entertainment company.