It May Be Legal, But It's Just Wrong!
Thomas R. Miller
published: 2006 | Case Study | Business Ethics
Subject Area: Business Ethics
Key Issues: Business Law; Real Estate; Corporate Social Responsibility
Case Description: K. William Chandler, a Memphis real estate appraiser, is alarmed at an increasingly prevalent practice--overstating the sales prices of new homes on official deed documents. Chandler and some others believe the reduced accuracy of ensuing appraisals is damaging, but many local builders and developers maintain that overstated prices can be justified.
# Case Pages: 8
Case Number: 160015-13-2
Teaching Note: Yes
revised May 11/06