Dax Watson, Managing Partner of the Phoenix office of the Lipson Neilson law firm, will co-present “As the Market Soars, So Do the Lawsuits: How Market Conditions Impact Real Estate Professional Liability Claims”, along with Regan Katz, Managing Director of Wortham Insurance and Risk Management, at the 2018 CLM (Claims and Litigation Management) Management and Professional Liability Conference on June 21, 2018 at the Boston Waterfront Hotel in Boston, MA.
This presentation will dive into the ramifications of America’s real estate market that is trending up and approaching pre-2008 levels. How does that impact real estate claims?
This session will focus on claims that arise out of investment-related transactions like fix-and-flip, buy-and-hold, and investment partnerships that ultimately lead to claims citing poor workmanship, undisclosed defects, and non-permitted work all passed on to the real estate professionals involved in the transaction.
The active real estate market also is leading to increased property management portfolios and VRBO type properties. This, too, leads to claims against the real estate professionals. Attendees will gain valuable insight into how hot real estate markets lead to increased claims and explore how standard insurance policies for real estate professionals respond to such claims.
Dax Watson is a cum laude graduate with a B.A. in History from Arizona State University, and a cum laude graduate from the Sandra Day O’Connor College of Law at Arizona State University. He focuses his practice in commercial litigation with an emphasis in real estate matters and professional liability defense. In his capacity as a defense attorney, Dax defends professionals in the fields of real estate, law, accounting, architecture, and engineering. He also defends officers, directors and employers in employment practice liability disputes.
Michael Orcutt, a Partner in the firm’s Phoenix office, was selected by the Coalition of Arizona Appraisers to provide testimony before the Arizona Senate Judiciary Committee on a bill sponsored by Senator Kate Brophy McGee that would create a statute of limitations specific to appraisers, appraisal management companies, and mortgage brokers. Mr. Orcutt testified in favor of this bill on February 15, 2018, and after his testimony the Senate Judiciary Committee voted unanimously in favor of the bill. Senator Brophy McGee has asked Mr. Orcutt to continue his involvement and work with her as a primary supporter of this bill as it progresses.
Mr. Orcutt is an experienced commercial litigator with a particular emphasis on real estate, construction, and insurance matters. He has written several published articles and is the co-author of the Real Estate Broker Liability chapter of the Arizona Tort Law Handbook published by the State Bar.
Founded in 1985, the Lipson Neilson law firm has grown from three founding members to thirty-four attorneys located in three states, Arizona, Nevada, and Michigan. The firm is widely known for its excellence in the professional liability lines, offering invaluable insight and experience to its clients across all industries. You can learn more at www.lipsonneilson.com.
Contact: Michael Orcutt
Dax Watson is a featured guest on My Home Group’s “My Daily Dose” Real Estate industry podcast series. Established in 2004 in Phoenix, My Home Group is a rapidly growing real estate company in Arizona. Dax Watson has extensive litigation and professional liability defense experience in the field of real estate. He has appeared and represented clients in every county in Arizona. In addition to his legal practice, Watson is approved to teach legal issues, agency and disclosure, and property management by the Arizona Department of Real Estate. He regularly teaches risk-reduction classes to, and seminars for, real estate Brokers throughout Arizona.
Dax Watson Returns: Part 1
Dax Watson Returns: Part 2
Dax Watson Returns: Part 3
Dax Watson Returns: Part 4
Dax Watson Returns: Part 5
Dax Watson, Managing Partner
Lipson Neilson’s Phoenix Office
5343 N. 16th Street
Phoenix, Arizona 85016