Michael Crist

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So far Michael Crist has created 4260 blog entries.

Access to Listed Property During Contract

2018-10-26T09:18:07-05:00October 26th, 2018|Legal FAQs|

SCR310 contract's Section 8 allows all sorts of inspections during the inspection period (e.g. home inspector, elevator inspector, pool inspector, hvac inspector, surveyor, engineer, contractor, roof expert, chimney sweep, electrician, plumber, well expert, septic expert, tree expert, soil expert, air quality inspector, asbestos expert, mold expert, radon expert, sprinkler expert, lawn expert, foundation expert, driveway… Continue Reading Access to Listed Property During Contract

What We’re Reading–October 22-26

2018-10-26T07:54:33-05:00October 26th, 2018|NAR|

Candy corn, a very old sword, where to charge your electric car, a vanishing island and much more compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Would wearing blinders aid concentration in an open office?  Nope. Remove these items from your desk, pronto. Everything you want to know about candy corn. liz west/flickr/2006 Is your… Continue Reading What We’re Reading–October 22-26

Self Dealing, Darby v. Furman, High Risk for Brokerages

2018-10-24T16:33:37-05:00October 24th, 2018|Legal FAQs|

Here is a 1999 NAR article and the case law that illustrates the high risk for an associated licensee or BIC to buy a brokerage listing...or for associated licensee or BIC to sell to a brokerage buyer client....or engage in leasing with similar parties. To proceed, you need lawyer drafted formal agreements for self-dealing that… Continue Reading Self Dealing, Darby v. Furman, High Risk for Brokerages

How to Work Without a Financing Contingency

2018-10-23T14:13:45-05:00October 23rd, 2018|Legal FAQs|

SCR310 Residential Contract can operate without a financing contingency if the buyer has cash or uses the due diligence addendum. SCR310 Section 7 Financing Contingency requires the buyer to make a good faith effort to get their purchase money loan but does allow the buyer to terminate up to closing if the lender does not… Continue Reading How to Work Without a Financing Contingency

How Do Housing Market Conditions Compare in 2004 and 2018?

2018-10-23T11:55:42-05:00October 23rd, 2018|NAR|

With interest rates rising and house price appreciation slowing down or depreciating in some metro areas, it is worth recalling the conditions that prevailed prior to the housing market’s downturn in 2005 and to compare these with current market conditions. The table below compares key indicators on the housing market, employment, and household credit in… Continue Reading How Do Housing Market Conditions Compare in 2004 and 2018?

LLR SCREC October Newsletter

2018-10-23T09:23:48-05:00October 23rd, 2018|Legal FAQs|

https://www.llr.sc.gov/POL/REC/RECPDF/RECNewsletterOct2018.pdf Posted by : Byron King on 10/23/18 (This information is only accurate as of 10/23/18. You must contact SCR for updates and changes to this information after 10/23/18 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

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