LYCOS RETRIEVER 
Jess Jackson: Kentucky Derby
built 128 days ago
Jackson's purchase is of 640 acres and brings his Central Kentucky land holdings to 1,109 acres. He purchased the former Buckram Oak Farm earlier this year. He renamed the property on Old Frankfort Pike Stonestreet Farm.
Source:
Jackson ... alleges in his lawsuit that when he bought Adena Springs Farm in Woodford County for $14.5 million, the seller's agent, Joe Riddell, was approached by two different people on separate occasions about giving kickbacks. Riddell is one of the top real estate agents selling horse farms in Kentucky.
Source:
Jackson paid $US17.5m for Fustok’s former farm, one of two major properties he acquired in central Kentucky last year. The purchase of the other one, a portion of Frank Stronach’s Adena Springs Kentucky for $US14.5m... appears in the dispute with Jackson alleging that de Seroux, Headley and Martin attempted to obtain a commission from the transaction.
Source:
Jackson is ... pushing the Kentucky Legislature to pass a law to protect horse buyers from dual agents and under-the-table commissions. House Bill 446 is expected to be up for a vote in the Kentucky House of Representatives on Tuesday.—Pete Denk
Source:
Jackson's lawsuit points out that none of the defendants is a licensed real estate agent. According to the Kentucky Real Estate Commission, unlicensed agents cannot receive fees for facilitating real estate deals.
Source:
MORE ABOUT
Kentucky Derby