Casper genuine estate broker Dennis Langdon was issued a $15,000 fine and experienced his license suspended for a thirty day period right after Langdon misrepresented himself as a member of the Legacy Home Administration Firm.
According to a settlement arrangement with the Wyoming Real Estate Commission, Langdon executed assets management arrangement transfers for 20 houses on July 25, 26, and 27 2018, which have been less than the accountability of broker Viktor Strayer, who labored for Legacy Residence Management Organization.
A assets management settlement transfer moves the obligation of a property from a person firm to an additional, and in this circumstance, in accordance to the compliant, Langdon transferred possession of the 20 properties from the Legacy Property Management Company to his organization, Langdon Investments and Progress Inc.
According to the criticism, Langdon experienced worked for The Legacy Team from November 2 2017 to August 13, 2018, and experienced also worked for, and is presently used by, Langdon Investments and Development Inc. close to that time.
Also stated in the criticism, which was submitted close to February 27 2019 by Joshua Kalinowski, was that Langdon executed lease agreements with tenants of the organization Great as Sold even though not being a broker for that business.
Joshua Kalinowski, a broker for The Legacy Group and operator of the Legacy Property Management Enterprise, said he did not want to remark on this piece.
Viktor Strayer, broker for Legacy House Management Corporation, reported in the more than 20 several years that he has worked in true estate, he has not viewed a great as huge as what Langdon obtained.
Shelly Great, who was detailed as a assets broker of Very good as Bought in the complaint in 2018, reported she did not want to remark on this piece.
The settlement arrangement lists five distinctive Wyoming statues that Langdon broke similar to acquiring and providing attributes and symbolizing himself as aspect of authentic estate companies that he was not part of.
Dennis Langdon and his lawyer did not want to comment for this piece, nonetheless Langdon said when asked concerns about the settlement, “that’s facts that must never ever at any time be publicized because men and women get their hand slapped for particular things, I comprehend.”