Legal Question in Real Estate Law in Texas

Broker did not say he was the seller Texas

Hi, my mortgage broker recently sold me 10 apartments/condos. We had a verbal agreement where he said he would be responsible for the mortgage and the maintanence for the apartments for six months. Now that I have signed the papers, he claims he never said it. I also just found out that he is the seller, although he never said he was. He presented the seller as Mr X of XYZ Company. But I have just learned that he is one of the owners of XYZ company (the seller was listed as XYZ Company). Did he violate any rules? Is a verbal agreement enforceable? What are my options? Thanks.


Asked on 12/18/06, 2:12 am

1 Answer from Attorneys
Joseph A. McDermott, III Attorney at Law

Re: Broker did not say he was the seller Texas

If he's licensed, tell him you are going to complain to the real estate commission. Failing that, you can sue him for non-disclosure. This sounds like a lot of popular scams. The state attorney general's office might be interested.

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Answered on 12/18/06, 11:19 am


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