There is no defense by posting a link or identifying the source. Don't know where that comes from but it is quite untrue. Attribution is a nice thing but no way required or useful in a defense.

There is a general view that a small excerpt and a link are generally legal under the fair use rule. They can likely still sue though. You do have a defense and may be able to set it up so your legal costs get paid when you win.

And note that these damages generally need not be proved. A Judge however must agree to their size.

Commercial law practice.

They are going after statutory damages...where no actual damages have to be proven.

They may not get $75K but they may well get 25 or 50.

The answer is to link..don't cut and paste.

And they will win. It is virtually automatic. The issue is the damages.

I find it difficult to believe that the Sun would publish this sort of thing with a straight face. You utterly misrepresent what was found.

The finding was that 40% of the respondents would live something else if there were no constraints. I find it amazing it was not 80%.

If cost was no object I would live in Newport Beach...on the strand. Or Papeete. or the gold coast in Australia. There have to be a few hundred places better than Las Vegas if cost is not a constraint.

So why on earth would you suggest anyone actually wants to leave with such a criteria?

You folks have apparently forgotten about basic journalism. The head should have some connection to the meat...

Actually both the condo and single family markets are reasonably stable in LLV. Condos running around $100 psf and single families about $150. Been pretty stable for 6 or 9 months. Inventory is par for Las Vegas.

I would think the real risk is a long term doldrum rather than any form of collapse. The damage is done. Eventually it will get better though not for a while.

By US standards LLV is a perfectly viable LV suburb. It ain't that far. And in time the development will start again...though likely at a somewhat lower price point.

Crackerjack

I am sorry. I did not realize that you have a handicap until this last post.

Do you think you should be runnig for office with your diminished capabilities?

Brager was nailed for a technical violation dealing with the timing of the filing of financial disclosures. It was a lot more than $25. It was waived because she had a death in the family and some medical emergencies that the Ethics board believed sufficient to waive the fine. There was no plea of poverty.

Yeah I am an RE Agent. That is why I know that she sells little if any new property.

What kickbacks? If you have even the least evidence turn it over to the RJ or the Sun. They love that stuff.

In the interim I presume you are some political type trying to run or get someone to run against her.

By the way the last time I testified on an issue at the County Commission she whacked me right up the side of the head and sent me on my way. She was wrong by the way...but she meant well...and I still respect her position.

Now crawl back into your hole and pull it tight around you...

Why the character assassination of Brager? She is a resale type. Has virtually no new home business. Why would she approve bars or inappropriate new developments? She could not care less professionally. This writer apparently specializes in low level character asassination - half the hits on Brager ethics bring up his posts.

The 2007 and 2008 projections reflect the fact that neither Smith or anyone else saw the lender kamikaze mission until it was well underway.

I think by the way it was probably a good thing that they went out of control. It probably shorten a 5 or 6 year problem into a two or three year one.

Note also that pricing has been pretty much flat since last June. The mythical foreclosure tsunami will again prove mythical. All indications indicate a slow decrease in the availablity of foreclosed homes.

So we are in the bottom and likely to remain their for at least a couple more months...then we see.

Hmm. Up most of a percent in Reno, half a person in Clark and half a percent in Carson City but the state is up only a tenth of a percent.

Does not compute. Not possible.

This article is substantially misleading. To permit an unpermitted but completed home improvement is a very difficult decision. While one should rationally always get a permit for an improvement if you have an unpermitted improvement you have a big problem.

It is quite possible to exceed the original cost of a correctly done improvement in order to have it permitted. Getting the permit is not the problem...it is the inspection that result from the permit. They well may require that the improvement be removed and redone.

It is also routine to transfer houses with known non permitted improvements. No one checks such things. Inspectors generally specify that the do not check permits of work done.

Glaring defects may lead to difficulties with some mortgage financing but they really have to be glaring.

A client for instance bought a rather nice home in Summerlin which had a garage that had been converted into a family room. It was in fact unsafe for various reasons and the client had it converted back to a garage. But they bought the place with a VA mortgage and no problems were raised.

So permit up front...but if not be careful about trying to permit it later.

If concerned about safety or structural integrity hire a consulting engineer...but think carefully before attempting an after the fact permit.

At present it is very difficult for an owner occupant to buy a home below 75K and practically impossible below 50K.

Why?

Because investors with cash have taken over that market and have moved the terms and conditions out of reach of the owner occupant. You simply can't buy anyting with an FHA mortgage.

So the latent demand at the bottom is there and will likely be stoked well up by the present situation. It all keeps indicating stability sometime soon.

As to LasVegasMax's views...we do agree on one thing. This all comes to a head in July/August...will the tens of thousands of missing foreclosures fall from the secret closets of the bankers?

Or will things roll along with less and less foreclosed inventory and stabilization?

Stayed tuned...won't be long.