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California high court decision favors real estate buyers

www.sfchronicle.com

Nov 22, · The buyer was Hiroshi Horiike, a wealthy Hong Kong resident represented by Chizuko Namba, who was a saleswoman in Coldwell Banker’s Beverly Hills office.

Dual Agency Under Scrutiny In California - Realty Times

realtytimes.com

A recent California Appellate Court ruling is liable to have major long-term consequences for the real estate practice of dual agency in the Golden St...

Dual Agency in the News: Horiike v. Coldwell Banker Goes to CA...

notoriousrob.com

Aug 29, · Chizuko Namba. Horiike lives in Hong Kong, only speaks Chinese and Japanese, and had been working with Namba for four years for a luxury property in Southern California. Namba was with the Beverly Hills office of Coldwell Banker, and Cortazzo was with the Malibu office.

S.C. Holds Real Estate Salesperson to Same Duties as Broker

www.metnews.com

The justice rejected the view of the defendants that only the salesperson engaged by Horiike, Chizuko Namba of Coldwell Banker’s Beverly Hills office, was subject to any liability in the matter. “[D]efendants do not explain how Namba’s purported failure to discharge her fiduciary duty would excuse Coldwell Banker from its duty to disclose ...

Telephone & Addresses

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Chizuko Namba, 65, Beverly Hills, US, Chevy Chase Dr

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Chizuko Namba, Beverly Hills, US, N Canon Dr, Ste E

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Chizuko Namba, 65, Beverly Hills, US, S Almont Dr

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Chizuko Namba, 65, Beverly Hills, US, S Spalding Dr

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Network Profiles

Facebook: Chizuko Namba (南波千津子) | Facebook

Chizuko Namba is on Facebook. Join Facebook to connect with Chizuko Namba and others you may know. Facebook gives people the power to share and makes the world more ...

Bad news

HIROSHI HORIIKE v. COLDWELL BANKER RESIDENTIAL BROKERAGE COMPANY |...

caselaw.findlaw.com

Case opinion for CA Supreme Court HIROSHI HORIIKE v. COLDWELL BANKER RESIDENTIAL BROKERAGE COMPANY. Read the Court's full decision on FindLaw.

HORIIKE v. COLDWELL BANKER RESIDENTIAL BROKERAGE COMPANY | FindLaw

caselaw.findlaw.com

Case opinion for CA Court of Appeal HORIIKE v. COLDWELL BANKER RESIDENTIAL BROKERAGE COMPANY. Read the Court's full decision on FindLaw.

Books & Literature

‘I’m yours … and yours’: California Supreme Court puts restrictions...

www.lexology.com

The California Supreme Court just closed a loophole as to whether a salesperson’s duties to a buyer in a real estate transaction - when that…

Reports & Statements

California Supreme Court Enforces Dual Agency Fiduciary ...

johnpoulossacramento.wordpress.com

Apr 05, · Hiroshi Horiike engaged Coldwell Banker Chizuko Namba to show him the home in Malibu. After viewing and being informed that the property was 15,000 square feet, he decided to buy it. When he later realized the misrepresentation in actual living space, he sued Mr. Cortazzo and Coldwell Banker for breach of fiduciary duty.

California Courts of Appeal Issue Several Decisions Clarifying...

blog.aklandlaw.com

By Glen C. Hansen A trio of cases were reported by the California Court of Appeal in the first half of that clarified the disclosure and fiduciary

Miscellaneous

Chizuko Namba – Let's Talk Dirt

letstalkdirtsc.com

Posts about Chizuko Namba written by Claire Manning

California Extends Fiduciary Duty to Brokerage Companies ...

uk.practicallaw.thomsonreuters.com

Dec 15, · Horiike made an offer to purchase the property through Chizuko Namba, another salesperson from Coldwell Banker's Beverly Hills office. Cortazzo gave Horiike a marketing flyer for the property and a MLS printout which contained a disclaimer that the broker did not guarantee the accuracy of the square footage.

California Supreme Court Rules On Dual Agency Case - Inman

www.inman.com

The Hiroshi Horiike dual agency case has reached another milestone: the California Supreme Court that says seller's agents owe fiduciary duty to buyers.

California Supreme Court Weighs In On “Associate Licensee ...

moneyanddirt.com

Nov 30, · The buyer, Hiroshi Horiike, retained Chizuko Namba, a salesperson in Coldwell Banker’s Beverly Hills office. At a showing, Cortazzo gave Horiike a copy of the marketing flyer with the inaccurate, inflated square footage number. Cortazzo also gave Horiike a copy of the building permit, and a form advisory stating that only an appraiser “can ...

Could Chinese millionaire be reason for real estate industry...

www.ocregister.com

Aug 21, · Horiike started his Los Angeles search in 2005, guided by Coldwell Banker agent Chizuko Namba, who spent more than two years showing him dozens …

DUAL AGENCY UNDER SCRUTINY IN CALIFORNIA

propertyid.com

May 06, · A couple of months later, the plaintiff, Hiroshi Horiike, was working with Chizuko Namba, a salesperson in another CB office. She arranged for him to see the Malibu property. Horiike received a copy of the flyer saying that the home "offers approximately 15,000 square feet of living areas." He made an offer and escrow opened in November.

Dual Agent Beware! California Supreme Court Rules that Seller’s Agent...

wynlaw.com

Nov 22, · During this time, Plaintiff Hiroshi Horiike had been working with a CB salesperson named Chizuko Namba of CB’s Beverly Hills office. Horikee, a resident of Hong Kong, was seeking a residence to buy in Malibu. In November 2007, Namba arranged for Cortazzo to show the property to Horiike.

Horiike v. Coldwell Banker | Chris Cortazzo

therealdeal.com

California law now explicitly states that a real estate broker representing the buyer and seller on a deal has the same fiduciary responsibility to both...

Horiike v. Coldwell Banker | Supreme Court | Chris Cortazzo

therealdeal.com

The Supreme Court ruled that a real estate brokerage representing both the buyer and seller in a deal owes the same fiduciary responsibilities to each party

June – Let's Talk Dirt

letstalkdirtsc.com

Horishi Horiike had been working for several years with Chizuko Namba, a sales person in Coldwell Banker’s Beverly Hills office, to find a residential property to buy. Namba showed Horiike the residence in question. Cortazzo gave Horiike the marketing flyer advertising approximately 15,000 square feet and an MLS printout that did not specify ...

Justices Grill Coldwell Banker On Dual Agent Role - Inman

www.inman.com

Seven justices of the California Supreme Court heard oral arguments in a dual agency lawsuit that could change how the state's agents and brokers operate.

Listing Agents Have Fiduciary Duties to Both Buyer and Seller

www.neumannbusinesslaw.com

A dual agency situation arises when the same broker represents both the buyer and seller in a commercial or residential real estate transaction. Many times two...

Not designated agents - 4 Buyers Real Estate

4buyersre.com

In the case, two different brokers from Coldwell Banker — Chizuko Namba and Chris Cortazzo — respectively represented the buyer and seller of a Malibu mansion in In November, the California Supreme Court unanimously upheld an appeals court ruling that found that the seller’s agent owed the same fiduciary duty to the buyer since he ...

Verdict is in: Coldwell Banker’s Chris Cortazzo wins in ...

globalpropertyinc.com

Apr 06, · Chizuko Namba of Coldwell Banker represented Horiike, while Cortazzo, also with Coldwell Banker, represented the seller, Denis Brown. After closing on the property, Horiike alleged that Cortazzo and Coldwell Banker wildly exaggerated the property’s square footage. He lost his case in 2012, then appealed two years later.

WHEN A BROKER IS THE DUAL AGENT OF BOTH THE BUYER AND THE SELLER IN A...

www.strombotnelaw.com

May 29, · A second interested buyer, Hiroshi Horiike was represented by another CB agent, Chizuko Namba (selling agent). Cortazzo (listing agent) gave Horiike (buyer) a copy of the flyer that stated the property had 15,000 square feet of living area and also provided a copy of the building permit showing 11,050 square feet.