Michael Crist

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So far Michael Crist has created 4345 blog entries.

Names…Teams, Individuals, Nicknames aka alternative first names…LLR SCREC

2023-04-24T11:30:56-05:00April 24th, 2023|Legal FAQs|

Team names can include the word "team" as added risk management. Team names may not include the terms "realty", "real estate", "realtors", or similar terms suggesting a brokerage. Individual licensees can use their license name and company. (3) A licensee may not conduct real estate business under another name or at an address other than… Continue Reading Names…Teams, Individuals, Nicknames aka alternative first names…LLR SCREC

LLR SCREC Forms and Risk Management Ideas

2023-04-24T11:13:40-05:00April 24th, 2023|Legal FAQs|

Since the LLR SCREC RPCDS (residential property condition disclosure statement) provides risk management for all involved (e.g., buyers, sellers, brokers, agents) and many of the questions mirror questions contained in commercial disclosure forms and land disclosure forms from other states, and the statutes and SC courts have recognized some of the form's risk management advantages,… Continue Reading LLR SCREC Forms and Risk Management Ideas

LLR SCREC trust account guidelines

2023-04-24T11:08:45-05:00April 24th, 2023|Legal FAQs|

LLR SCREC trust account guidelines https://www.llr.sc.gov/re/recpdf/TrustAccountBook.pdf Posted by: Byron King on 04/24/23 (This information is only accurate as of 04/24/23. You must contact SCR for updates and changes to this information after 04/24/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information… Continue Reading LLR SCREC trust account guidelines

June 1, 2023; New LLR SCREC RPCDS (aka SCR230)

2023-04-24T11:07:14-05:00April 24th, 2023|Legal FAQs|

From LLR SCREC for June 1, 2023 on the seller disclosure... https://llr.sc.gov/re/recpdf/Updated_Property_Disclosure_Form.pdf South Carolina Residential Property Condition Disclosure Statement (Effective 7/1/2022) (Revised 4/22) Updated South Carolina Residential Property Condition Disclosure Statement (Effective 6/1/2023) (Revised 2/23) Posted by: Byron King on 04/24/23 (This information is only accurate as of 04/24/23. You must contact SCR for updates… Continue Reading June 1, 2023; New LLR SCREC RPCDS (aka SCR230)

SCR110 Disclosure of Real Estate Brokerage Relationships government form

2023-04-24T11:03:40-05:00April 24th, 2023|Legal FAQs|

The SC Disclosure of Real Estate Brokerage Relationships Form SCR110 is from LLR SCREC per the General Assembly (SCDREBR aka SCR110). https://llr.sc.gov/re/recpdf/Doc170%20SC_Disclosure_of_Real_Estate_Brokerage_Relationships.pdf https://screaltors.org/wp-content/uploads/Forms/110.pdf Prior to the General Assembly creating the real estate transactional brokerage (aka non-agency) service relationship, this form was often referred to as the agency brochure or the agency disclosure brochure. The SC… Continue Reading SCR110 Disclosure of Real Estate Brokerage Relationships government form

NAR Case Interpretation – No Name on Sign – Ethics Violation

2023-04-21T08:53:30-05:00April 21st, 2023|Legal FAQs|

Case #12-1: Absence of Name on Sign Prospect A observed a sign on a vacant lot reading: “For Sale — Call 330-5215.” Thinking he would be dealing with a For Sale by Owner, he called the number on the sign. He was surprised that the lot was exclusively listed by REALTOR® A, and the telephone… Continue Reading NAR Case Interpretation – No Name on Sign – Ethics Violation

Some Reasons that Deals Fail To Close

2023-04-18T10:12:27-05:00April 18th, 2023|Legal FAQs|

Financing Appraisal Home Inspections Environmental Issues Title/Deed Issues Contract Contingencies Posted by: Byron King on 04/18/23 (This information is only accurate as of 04/18/23. You must contact SCR for updates and changes to this information after 04/18/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron… Continue Reading Some Reasons that Deals Fail To Close

Inman on AI Photography, Headshots, Advertising, Risks

2023-04-18T09:21:17-05:00April 18th, 2023|Legal FAQs|

https://www.inman.com/2023/04/17/bots-can-create-almost-any-image-heres-what-agents-should-know/ Posted by: Byron King on 04/18/23 (This information is only accurate as of 04/18/23. You must contact SCR for updates and changes to this information after 04/18/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading Inman on AI Photography, Headshots, Advertising, Risks

LA CA ADU Amnesty, Affordable Housing

2023-04-18T09:05:31-05:00April 18th, 2023|Legal FAQs|

https://therealdeal.com/la/2023/04/17/la-city-council-moves-to-grant-amnesty-on-illegal-adus/?tpcc=elert-la&utm_source=Sailthru&utm_medium=email&utm_campaign=LA%20Daily%20%7C%2004.18.2023%20DW&utm_term=Los%20Angeles%20Daily Posted by: Byron King on 04/18/23 (This information is only accurate as of 04/18/23. You must contact SCR for updates and changes to this information after 04/18/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading LA CA ADU Amnesty, Affordable Housing

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