July 14, 2022

Marissa Hudson

By KAREN VELIE

Adhering to an alleged stint on the run, a former Morro Bay True Estate broker surrendered on July 10 and was booked in the San Luis Obispo County Jail on 59 felony counts.

Knowledgeable of a warrant for her arrest, 35-12 months-previous Marissa Hudson surrendered to legislation enforcement. She was booked on 57 theft rates, one particular charge of unemployment insurance coverage fraud and 1 unnamed demand with her bail set at $500,000.

She was produced from jail on Wednesday afternoon.

The state revoked licenses for Seaside Actual Estate and its broker Marissa Hudson in May, citing a failure to pay back funds owed to assets entrepreneurs for rents collected. The serious estate company provided house administration expert services.

The California Office of Real Estate cited carelessness, incompetence and willful disregard for authentic estate guidelines, some of which date again to 2015.

Following client grievances, the condition audited the company’s financials for 2015 and 2016 and found several violations. Consumer accounts ended up limited $187,763 in Oct. 2016, according to the Division of Genuine Estate. At the time, Marissa Hudson’s father Don Hudson was the broker when she helped with the guides, according to a family members member.

In 2018, Don Hudson voluntarily surrendered his broker’s license. Shortly later on, he transferred ownership of Seaside Real Estate to his daughter.

Following Marissa Hudson unsuccessful to supply Adam Sevim, the operator of 3 models in Morro Bay, $13,800 for rents collected in February and March 2019, Sevim submitted a criticism with the point out.

The Department of Actual Estate then performed an additional audit which located Marissa Hudson acted with negligence, incompetence and willful disregard for true estate rules.

Even though the Department of True Estate files accusations and revokes licenses, local district attorneys are responsible for prosecutions of true estate fraud and embezzlement. The SLO County District Attorney’s Business investigated the allegations and then submitted a warrant for Marissa Hudson’s arrest.

Topics #developer #Real Estate #Real Estate Agency #Real Estate Biz #Real Estate Sale