Order Granting Sum. Jmt. for Plaintiffs, Florida ex rel. Moody v. MV Realty PBC, L.L.C. (Fla. Cir. Ct. Sept. __, 2024)

This is a September 2024 order  in a Florida trial court granting summary judgment to the Florida AG in its suit against MV Realty alleging UDAP and FTC Telemarketing Sales Rule violations and seeking injunctive relief. MV Realty's home equity scheme involved recording a lien on a home that allegedly secures a future contract to act as the homeowner’s realtor. The homeowner receives a small up-front payment in consideration for signing the contract, and if they fail to use this company as their realtor for any sale or transfer in the next forty years, a termination fee is charged of roughly ten times the up-front payment.