EDISON, N.J. -- A special master appointed by the New Jersey Supreme Court ruled last week that the practice known as title-company settlement in real estate closing should be allowed to resume.

The New Jersey Association of Realtors called the ruling "a major victory" in its bid to reverse an administrative-law opinion that it believed took away freedom of choice from consumers.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.