A new court ruling says Arizona laws and regulations don’t make real estate salespeople employees of their brokers so brokers aren’t necessarily legally responsible for some work-related activities of their salespeople. The state Court of Appeals reaches that conclusion in ...
Read More »Not so prime real estate: Closing a golf course brings tax penalties, angry homeowners
Thirty years ago, Robert “Doc” Graves glanced confidently at the white ball by his feet. Whack! The ball flew more than 300 yards, landing neatly on the green. Graves had four eagles that day and he set the course record at the Ahwatukee Lakes Golf Course in Phoenix. Forty-nine strokes, 11 under par. Today it’s a trashy, weedy wasteland, the victim of demographic shifts, climate change and prohibitively expensive water bills.
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