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Advanced SearchViolation Tracker Individual Record
Company: MV Realty
Penalty: $800,000
Year: 2024
Date: December 2, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: MV Realty settled to resolve allegations it unfairly locked Hoosiers into broker services contracts for a term of 40 years in exchange for modest up-front cash payments. The resolution resolves more than $800,000 in expected future receivables for MV Realty, which have now been forfeited by the company.
Level of Government: state
Action Type: agency action
Agency: Indiana Attorney General
Civil or Criminal Case: civil
Facility State: Indiana
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.