business
40-year listings: Real estate company accused of deceptive practices banned in Georgia
By Ashli Lincoln at WSB-TV (ABC) - News
· July 6, 2026
· 2 min read
Georgia’s Attorney General says hundreds of homeowners will be getting money back after the state won a million-dollar settlement against a real estate company accused of trapping customers in decades-long contracts.Georgia sued the Florida-based company MV Realty after a multi-year Channel 2 Act...
Key takeaway Cunroy said they are pleased with the result of the lawsuit filed by Attorney General Chris Carr in 2024, accusing it of deceptive and unfair business practices.
Why this matters in The Atlanta
The settlement against MV Realty brings relief to over 400 Georgia homeowners who were misled into decades-long contracts. This case highlights the need for vigilance in the state's real estate market, where homeowners may be vulnerable to deceptive practices. The fact that more than 3,300 Georgia homeowners signed agreements with MV Realty suggests that the company's tactics were widespread and targeted many unsuspecting residents. The ban on MV Realty's operations in Georgia will help prevent similar situations in the future. As the state's Attorney General's Office contacts eligible homeowners for restitution, it will be important to monitor how the process unfolds and ensure that those affected receive the compensation they are owed. The impact of this case will also be felt in the state's legislature, where lawmakers may consider additional measures to protect homeowners from predatory real estate practices.
About this story
Original reporting by WSB-TV (ABC) - News . The Atlanta surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit WSB-TV (ABC) - News . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 6, 2026 ·
Source: WSB-TV (ABC) - News ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? Georgia’s Attorney General says hundreds of homeowners will be getting money back after the state won a million-dollar settlement against a real estate company accused of trapping customers in decades-long contracts.Georgia sued the Florida-based company MV Realty after a multi-year Channel 2 Act...
When was this published? This article was first published on July 6, 2026 by WSB-TV (ABC) - News and curated for The Atlanta readers.
Who reported this story? This story was reported by Ashli Lincoln at WSB-TV (ABC) - News. To learn more about how The Atlanta selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Atlanta, or browse our daily briefing and topic hubs .
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