Mold may lead to anti-broker litigation

US real estate brokers and agents are warned of the “potentially grave threat” of action against them, should properties they deal with be found to contain mold. This according to toxic mold litigation expert Robert Shulkin, senior litigator with Coldwell Banker Residential Brokerage Co in Los Angeles. He points out that “insurance coverage for toxic mold lawsuits against real estate brokers is scarce and will soon be nonexistent…Traditional errors-and-omissions policies exclude coverage for property damage and bodily injury and the standard commercial general liability policy excludes coverage for professional services.”