NAR Call for Action: Protection from Patent Troll Abuse
Next week the U.S. House of Representatives is scheduled to vote on H.R. 9 – The Innovation Act of 2015 which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls. It is critical that you urge your Member of Congress to support this important legislation.
The National Association of Realtors is supporting H.R. 9 – The Innovation Act to close loopholes in our legal system that allows patent trolls to thrive. REALTORS® are targeted by patent trolls at alarming rates for simply using common business technologies like dropdown menus and search functions on websites or scan-to-email technologies found in every office scanner. Patent trolls exist solely to purchase old patents and to use the threat of expensive lawsuits to extort money from legitimate businesses. Congress must pass common-sense comprehensive patent litigation reform to protect Main Street businesses and REALTORS® from patent troll abuse.
Thank you for your support on this important legislative issue.