A Massachusetts real estate broker, Helen, represents a seller in a transaction. After the closing, the buyer discovers that Helen failed to disclose a known material defect in the property. The buyer sues Helen under Massachusetts General Laws Chapter 93A. If the court finds that Helen's failure to disclose was a willful or knowing violation, what remedy may the court award under Chapter 93A?
Correct Answer
D) Double or treble damages plus reasonable attorneys' fees and costs
Under MGL Chapter 93A, Section 9, when a court finds that a defendant engaged in a willful or knowing violation of Chapter 93A, the court shall award double or treble damages in addition to actual damages, plus reasonable attorneys' fees and costs. This enhanced damages provision is a powerful remedy that makes Chapter 93A claims particularly significant for real estate licensees. Helen's knowing failure to disclose a material defect would likely qualify as a willful violation, exposing her to multiplied damages.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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