Legal FAQs

During a REALTORS® and Lawyers legal seminar today, the speaker mentioned these services to check on internet connectivity and speeds: Ookla. FCC. According to the speaker, South Carolina has increased rural internet connectivity a lot in the past few years, and South Carolina is currently ahead of NC and Ga on this issue. https://www.ookla.com/ https://broadbandmap.fcc.gov/home… Continue Reading Listings: Buyers Interested in Good Internet and Celllular Connectivity

https://www.scstatehouse.gov/billsearch.php?billnumbers=1073 https://www.scstatehouse.gov/sess126_2025-2026/bills/1073.htm https://www.scstatehouse.gov/coderegs/Chapter%20105.pdf https://llr.sc.gov/re/RECPDF/Doc%205437%20Chapter%20105.pdf Posted by: Byron King on 11/06/26 (This information is only accurate as of 11/06/26. You must contact SCR for updates and changes to this information after 11/06/26, 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… Continue Reading Re Updated SC Real Estate Regulations

https://www.scstatehouse.gov/sess126_2025-2026/bills/1073.htm https://www.scstatehouse.gov/coderegs/Chapter%20105.pdf https://llr.sc.gov/re/RECPDF/Doc%205437%20Chapter%20105.pdf Posted by: Byron King on 11/06/26 (This information is only accurate as of 11/06/26. You must contact SCR for updates and changes to this information after 11/06/26, 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… Continue Reading Re Updated SC Real Estate Regulations

(11) the passage of twenty years since the later of the base year or the last assessable transfer of interest for real property owned by a publicly-held entity whose stock, shares, or other ownership interests are traded on a regulated exchange, a pension fund, or other similar entity. SECTION 12-37-3150. Determining when to appraise parcel… Continue Reading twenty years publicly traded is coming in 2027 (Act 388 2006)

https://llr.sc.gov/re/RECPDF/Doc%205437%20Chapter%20105.pdf Posted by: Byron King on 11/06/26 (This information is only accurate as of 11/06/26. You must contact SCR for updates and changes to this information after 11/06/26, 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 Updated SC Real Estate Regulations

The 2026 SCR updates to the residential leasing forms are on the SCR website and coming soon to the SCR-licensed forms vendors. The SCR Walkthrough video series on the SCR residential leasing forms is coming soon to the SCR YouTube channel. 34 pages of residential leasing forms updates are ready: SCR410 residential lease agreement, the… Continue Reading New SCR Residential Leasing Agreements and Addenda and Forms, Walkthrough Videos

https://www.housingwire.com/articles/pennsylvania-keller-williams-broker-fee/ Article Summary A Pennsylvania homebuyer sued Keller Williams Elite in Lancaster County over a $650 broker fee disclosed at closing. The complaint alleges fiduciary duty and consumer protection violations and seeks class action status, damages, and an injunction. AI Summary Posted by: Byron King on 11/05/26 (This information is only accurate as of 11/05/26.… Continue Reading Housingwire: Administrative Fee Lawsuit PA (agency, fidcy, unfair trade practices)

https://www.housingwire.com/articles/transaction-fee-lawsuits-nar/ Article Summary Litigation over brokerage transaction fees may increase as buyers review costs under post settlement compensation rules. A Florida lawsuit against Compass challenges a $475 fee and attorneys say a successful class action bid could prompt similar cases. AI Summary Posted by: Byron King on 11/05/26 (This information is only accurate as of… Continue Reading Housingwire: lawsuit administrative fees FLA

https://www.nar.realtor/news/real-estate-news/appraisal-ready-what-agents-and-brokers-can-do-now-for-uad-3-6 https://www.nar.realtor/news/real-estate-news/appraisers-are-doing-their-part-to-prepare-for-new-reporting The mandatory transition to Uniform Appraisal Dataset (UAD) 3.6 for conventional loan appraisals submitted to the Uniform Collateral Data Portal (UCDP) takes effect on November 2, 2026. [1, 2] Key Takeaways for REALTORS® & Agents Single Dynamic Report: Replaces legacy appraisal forms (1004, 1073, 1025) with a single, dynamic Uniform Residential Appraisal Report… Continue Reading NAR Appraisal: UAD 3.6 on 11.02.2026, New Appraisal Changes into 2027+

https://www.alta.org/advocacy/advocacy-issues/ntraps-faq (9) An agreement regarding residential real estate that is to be in effect for greater than one year and either expressly or impliedly purports to do any of the following is unenforceable and is considered to be done in bad faith, and a licensee involved in such an agreement is subject to disciplinary action… Continue Reading anti NTRAPS statute in SC, one year limitation on NTRAPS marketing agreements