REALTORS® and other professionals are being threatened by patent trolls – entities that acquire obscure patents and use them to demand licensing fees from end users of common technologies. Learn more about this issue and about the need for Congress to take action on patent-reform legislation in this video from the National Association of REALTORS® YouTube channel.
Real estate wins with federal rule prohibiting fast and slow lanes on the Internet. That’s the top story in the latest news video from ‘The Voice for Real Estate’. Other news for the week of March 9, 2015: A Realtor® wins a lawsuit against a patent troll and NAR testifies before Congress to get legislation passed to curb these types of abusive patent troll lawsuits once and for all. And NAR looks into why creditworthy renters are having such a hard time getting financing to become home owners.
This latest video from NAR’s legal arm outlines the options available to an entity that receives a demand letter requesting payment of a licensing fee from a non-practicing entity, or “patent troll.”