window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-8010959-2');

Legal FAQs

What is the South Carolina ATI Exemption?

2026-08-21T10:44:30-05:00August 21st, 2026|Legal FAQs, SCR|

What is the South Carolina ATI Exemption? The Assessable Transfer of Interest (ATI) Exemption is a South Carolina property tax relief provision designed to prevent drastic, sudden property tax increases when commercial or investment real estate changes hands. It provides up to a 25% reduction in the property's taxable fair market value following a… Continue Reading What is the South Carolina ATI Exemption?

LLR SCREC: LLR SCREC posted its South Carolina Residential Disclosure and Acknowledgement of Limited Marketing Exposure Listing (SCRDALMEL) form.

2026-08-21T10:39:11-05:00August 20th, 2026|Legal FAQs|

LLR SCREC posted its South Carolina Residential Disclosure and Acknowledgement of Limited Marketing Exposure Listing (SCRDALMEL) form. https://www.llr.sc.gov/re/recpdf/Limited%20Market%20Disclosure%20Form.pdf A brief update regarding recent regulatory guidance issued by the South Carolina Real Estate Commission (SC REC) concerning Limited Market Exposure Listings (commonly referred to as office exclusives, pocket listings, or off-MLS listings). To support our members… Continue Reading LLR SCREC: LLR SCREC posted its South Carolina Residential Disclosure and Acknowledgement of Limited Marketing Exposure Listing (SCRDALMEL) form.

LLR SCREC Posts their Limited Marketing Form

2026-08-20T14:12:11-05:00August 20th, 2026|Legal FAQs|

https://www.llr.sc.gov/re/recpdf/Limited%20Market%20Disclosure%20Form.pdf LLR SCREC posted its South Carolina Residential Disclosure and Acknowledgement of Limited Marketing Exposure Listing (SCRDALMEL) form. https://www.llr.sc.gov/re/recpdf/Limited%20Market%20Disclosure%20Form.pdf Listing agents, listing BICs, and listing brokerages may consider using this LLR SCREC form (SCRDALMEL) with sellers who want to avoid full market exposure marketing (e.g., MLS, IDX, VOW, and/or Syndication) for a variety of reasons… Continue Reading LLR SCREC Posts their Limited Marketing Form

NAR: Settlement Affirmed

2026-08-19T11:51:47-05:00August 19th, 2026|Legal FAQs|

Court Affirms the Sitzer-Burnett Settlement The Eighth Circuit Court of Appeals has affirmed the lower court’s decision approving the settlement in the Sitzer-Burnett case, upholding our settlement By way of background, Sitzer-Burnett was an antitrust class action lawsuit filed against NAR and several brokerage defendants that was resolved through a court-approved settlement in 2024. The… Continue Reading NAR: Settlement Affirmed

Commercial RE: NAR Launches CRE Demand Index

2026-08-19T08:34:05-05:00August 19th, 2026|Legal FAQs|

Commercial RE: NAR Launches CRE Demand Index National Association of REALTORS® yesterday launched its Commercial Real Estate (CRE) Demand Index, a quarterly data analysis measuring economic drivers across more than 300 U.S. metropolitan areas. The index combines publicly available government data to produce demand scores across four property-specific measures, as well as an overall market… Continue Reading Commercial RE: NAR Launches CRE Demand Index

July 2026 Top Hotlines

2026-08-18T13:06:23-05:00August 18th, 2026|Legal FAQs|

July 2026 Top Hotlines in descending order of hotlines... Other Forms State laws Advertising Disclosure Ethics Due diligence Agency License laws BIC, brokerage management Compensation Earnest money Fair housing Property management Multiple offers Settlement Appraisal issues Posted by: Byron King on 8/18/26 (This information is only accurate as of 8/18/26. You must contact SCR for… Continue Reading July 2026 Top Hotlines

LLR News: LLR SCREC (8/14/26) Two New Guidance Documents

2026-08-14T11:25:20-05:00August 14th, 2026|Legal FAQs|

Summary: SC Real Estate Commission Meetings August 12-13, 2026 The South Carolina Real Estate Commission (REC) met in Columbia on August 12–13. SCR VP of External Affairs and Strategy, Louis Dettorre attended the two-day meeting. The REC formally approved two guidance documents: 1) clarifying commission payment procedures following a licensee's death and 2) addressing seller-directed… Continue Reading LLR News: LLR SCREC (8/14/26) Two New Guidance Documents

LLR SCREC (8/14/26) Two New Guidance Documents

2026-08-14T11:24:23-05:00August 14th, 2026|Legal FAQs|

Summary: SC Real Estate Commission Meetings August 12-13, 2026 The South Carolina Real Estate Commission (REC) met in Columbia on August 12–13. SCR VP of External Affairs and Strategy, Louis Dettorre attended the two-day meeting. The REC formally approved two guidance documents: 1) clarifying commission payment procedures following a licensee's death and 2) addressing seller-directed… Continue Reading LLR SCREC (8/14/26) Two New Guidance Documents

LLR SCREC Posts 2 New Guidance Documents 8;14/26

2026-08-14T10:22:53-05:00August 14th, 2026|Legal FAQs|

1. BIC/Brokerage payment of owed compensation to licensees who have passed away during the transaction. 2. The seller's informed consent directed limited marketing. https://llr.sc.gov/re/ Posted by: Byron King on 8/14/26 (This information is only accurate as of 8/14/26. You must contact SCR for updates and changes to this information after 8/14/26, as laws and regulations… Continue Reading LLR SCREC Posts 2 New Guidance Documents 8;14/26

LLR SCREC livestream 11/20/2025

2026-08-13T15:02:08-05:00August 13th, 2026|Legal FAQs|

LLR SC Real Estate Commission Livestream November 20, 2025 https://www.youtube.com/watch?v=g4VxysqKsPU Posted by: Byron King on 8/13/26 (This information is only accurate as of 8/13/26. You must contact SCR for updates and changes to this information after 8/13/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron… Continue Reading LLR SCREC livestream 11/20/2025

Go to Top