Nevada regulators have opened a consumer-protection probe into MV Realty, saying the brokerage’s “Homeowner Benefit Agreement” program may have resulted in long-term liens that can cloud a home’s title for up to 40 years. Officials warn many homeowners do not realize the impact until they try to sell, refinance or tap their equity, and they are asking anyone who signed MV Realty documents, took a cash payment, or later discovered a lien on their property to contact the state.
State issues alert and opens probe
In a public notice, Nevada Consumer Affairs said it is “actively investigating MV Realty PBC, LLC, MV Realty of Nevada LLC and certain of their affiliated entities” for potential deceptive trade practices. The agency flagged concerns that…..