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MATTER OF REALTY WORLD/REALTY WORLD FRANCHISE SERV. CORP. v. SHAFFER

101 A.D.2d 708 (1984)

In the Matter of Realty World/Realty World Franchise Service Corp. et al., Petitioners, v. Gail S. Shaffer, as Secretary of The State of New York, Respondent

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

April 12, 1984

Determination unanimously annulled and petition granted, with costs.

Memorandum:

Petitioners seek to annul a determination by the Secretary of State which suspended their real estate broker's licenses for two months or imposed a $500 fine in lieu thereof, and which suspended their licenses indefinitely unless they reimburse an aggrieved buyer in the amount of $2,000. The basis of that determination was respondent's investigation into charges of mismanagement...

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