MV Realty is officially out of the Georgia real estate game. Georgia Attorney General Chris Carr has secured a consent judgment that bars the Florida-based company from doing business in the state and returns $1 million to affected homeowners. The ruling touches more than 3,300 properties and is aimed at unwinding the company’s 40-year “Homeowner Benefit” agreements and the recorded memoranda that acted like liens. Hundreds of Georgians who paid early-termination fees will be eligible for refunds, and the order is designed to clear title clouds that had interfered with home sales and refinancing. The legal fight traces back to a lawsuit Carr filed in January 2024.
What the judgment does
Under the court order, MV Realty is permanently prohibited from enforcing its four-decade listing agreements in Georgia, collecting any related fees in the state, or asserting any property interest against Georgia homeowners. The company must also record unconditional terminations of every memorandum it placed in Georgia property records and pay restitution to consumers who paid early termination fees. Those steps are intended to wipe away title issues that had blocked some sales, refinances and reverse-mortgage transactions, according to a press release from the Office of the Attorney General.
Who stands to get money
The settlement covers more than 3,300 Georgians enrolled in MV Realty’s Homeowner Benefit program, including roughly 1,000 residents age 60 and older, and the company paid $1 million in consumer restitution as part of the consent judgment, as reported by News4JAX. More than 400 Georgians who paid MV Realty’s early termination fee will be eligible for refunds from a fund administered by the Attorney General’s Consumer Protection Division. The AG’s office says it will contact consumers identified as MV Realty customers with instructions on how restitution will work.
How the agreements worked
State court filings describe MV Realty offering relatively modest up-front payments in exchange for a 40-year exclusive listing agreement and the recording of a “Memorandum of Homeowner Benefit Agreement” in county property records that effectively secured a 3% early-termination fee. The complaint filed in Fulton County details how those memoranda operated like liens, impairing homeowners’ ability to sell, refinance or obtain reverse mortgages, and Georgia’s consumer FAQ on the Attorney General’s website explains that each memorandum recorded in property records has been terminated as part of Carr’s enforcement work. Fulton County Court Complaint.
Part of a wider enforcement push
Georgia’s move is one of several state actions that have forced MV Realty to unwind long-term contracts and lift recorded liens. In California, a settlement reached in May voided agreements, required restitution and barred certain MV Realty executives from licensed activity, according to the California Department of Justice. Colorado’s attorney general also secured relief and restitution for homeowners there, part of what has become a broader multi-state crackdown on the company’s so-called Homeowner Benefit program, the Colorado Attorney General reported.
Help and next steps for homeowners
Homeowners who believe they were enrolled in an MV Realty agreement are urged to review the Attorney General’s dedicated FAQ page for details on eligibility, how restitution will be paid and how to reach the Consumer Protection Division. If a title problem persists after the court-ordered terminations, the FAQ directs affected consumers to contact the AG’s office for additional help. Attorney General FAQ.
“MV Realty’s predatory loan scheme put thousands of Georgians at risk of losing everything they had worked so hard to earn,” Carr said in announcing the relief, calling the outcome a “major win for families and seniors.” The consent judgment is intended to clear titles, return improperly collected fees to homeowners and send a message that states will move to shut down deceptive real-estate practices.
