MLS Listings -What You Need To Know

As anyone who has purchased or rented a property will tell you, reviewing listings are an important way to find out information about properties that are on the market. They contain important information and details about a property and allow you to compare between properties based on price, size, location, etc. A key part of using MLS listings is being able to trust what they say. But what happens when you've bought a property and discovered that the listing you relied on contains a mistake?

That is exactly what happened to Salvatore Paglia in the spring of 2012. After purchasing a vacant land that was listed by the listing agent as a "fully serviced lot", he discovered that it was not electrically serviced. He brought an action against the vendor, real estate agent, and broker and the court awarded him the amount spent to electrically service the lot.