Real Estate - Contract - Deposit With Auctioneer
By Deborah Elkins
November 21, 2008
A real estate buyer proved fraud by showing defendant auctioneer put the buyer’s deposits in a trust account and promptly wrote checks covering his own expenses for much of those funds; a Norfolk Circuit Court awards the buyer $10,000 in nominal damages, $3,500 in punitive damages and $12,962 in attorney’s fees and costs. Doddy v. Zedd Auctioneers Ltd. (Norfolk Cir.Ct.) (VLW 008-8-240)( 3 pp.)
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