Legal FAQs

You can use value and the required wording from the appraisers laws: https://www.scag.gov/media/hajdgdum/03108184.pdf SECTION 40-60-30. License requirement; exceptions. It is unlawful for an individual to assume or use a title, designation, or abbreviation likely to create the impression that the person is a real estate appraiser or to engage in real estate appraisal activity or… Continue Reading Using Value in BPO CMA OK, Use the statutory disclaimer too. Not an Appraisal can be Used too.

REMINDER: THE PRACTICE OF MARKETING AND/OR ADVERTISING RESIDENTIAL WHOLESALE DEALS IS REGULATED BY LLR SCREC AS REQUIRING A BROKER LICENSE, AND A BROKER FIRM AND ITS SUBAGENTS ARE PROHIBITED FROM ENGAGING IN, REPRESENTING OTHERS IN, OR ASSISTING OTHERS IN THE PRACTICE OF RESIDENTIAL WHOLESALING. ASSIGNING OF CONTRACTS, OR THE OFFERING TO ASSIGN CONTRACTS, ON RESIDENTIAL… Continue Reading SCR Case Study Hypothetical

Owners Associations, HOA, COA, POA, etc. HOA POA COA Homeowners Assn., Owners Association, Condo Owners Assn., Property Owners Associations When you invest in real estate within an owners association (e.g., HOA, COA, POA, homeowners association, condo owners association, property owners association), you are also investing in a corporation (e.g., HOA, COA, POA). Hiring the right… Continue Reading HOA POA COA Homeowners Owners Condo Owners Property Owners Associations

SECTION 40-1-200. Unlawful practice. A person who practices or offers to practice a regulated profession or occupation in this State in violation of this article or who knowingly submits false information for the purpose of obtaining a license is guilty of a misdemeanor and, upon conviction, must be imprisoned not more than one year or… Continue Reading Unauthorized Practice of Real Estate – It’s a crime (misdemeanor)

https://www.nar.realtor/sites/default/files/2026-07/Office-Exclusive-Listings-Pre-Marketing-Guidance-2026-07-09.pdf Posted by: Byron King on 7/14/26 (This information is only accurate as of 7/14/26. You must contact SCR for updates and changes to this information after 7/14/26, 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 NAR: Office Exclusiuves Guidance

S.C.. Code § 40-57-135 ✅ What Unlicensed Assistants CAN Do (Clerical & Administrative) Unlicensed assistants are strictly limited to administrative, clerical, and supportive tasks. They can: Handle Data Entry: Type contracts, addendums, and listing paperwork based on explicit, written instructions from the licensee. Manage Transaction Software: Upload, organize, and share documents via Dotloop, DocuSign, or… Continue Reading Assistants, Unlicensed Assistants, Licensed Assistants, Do’s and Don’t, Employee?

NAR has developed an office exclusive listing/pre-marketing guidance resource for brokers and their agents. Posted by: Byron King on 7/3/26 (This information is only accurate as of 7/3/26. You must contact SCR for updates and changes to this information after 7/3/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at… Continue Reading NAR on MLS Listings, Office Eclusives, Coming Soon, DMEL, IDX, Syndication, Disclosure, Waiver, Full Market Expo siure, Pro’s and Con’s, MLS Rules

From NAR LEGAL (excerpt): New litigation threat alleging REALTOR® association websites violate CA privacy laws (NAR is) reaching out regarding a recent trend we learned of whereby (some) REALTOR® associations are receiving demand letters alleging violations of the California Invasion of Privacy Acts (CIPA). The letter threatens a lawsuit and states that association websites employ… Continue Reading NAR Website Compliance: California Privacy Laws, Internet Crosses State Lines

Another Reason to Vet Sellers, Call the Hotline, Excerpt of Anti-Scam SC Laws. Listing agents and BICs and team leaders, LLR SCREC is actively communicating about their anti-wholesaling enforcement efforts in residential transactions. About a week ago, Governor McMaster signed an anti-scammer law that contains bolded language below criminalizing listing and or advertising residential real… Continue Reading Another Reason to Vet Sellers, Call the Hotline, Excerpt of Anti-Scam SC Laws

https://www.postandcourier.com/politics/sc-legislature-squatters-evict-landlords-bill/article_6aa8cc76-582e-4c6b-b4ca-79b635b881ea.html Posted by: Byron King on 7/7/26 (This information is only accurate as of 7/7/26. You must contact SCR for updates and changes to this information after 7/7/26, 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 2026: Anti Squatters Law