Legal FAQs

NAR Consumer Guides: Buying Land and Building a New Home on the Land

2025-04-21T13:20:21-05:00April 21st, 2025|Legal FAQs|

As previewed last week, NAR is pleased to share the latest consumer guide focused on buying land and building a new home. This guide covers how to find land for sale, explains construction loans, and weighs the pros and cons of building a custom home As a reminder, all guides in this series are available… Continue Reading NAR Consumer Guides: Buying Land and Building a New Home on the Land

Probate, Estate, PR, Personal Representative, Tips from a Listing Broker

2025-04-17T08:33:20-05:00April 17th, 2025|Legal FAQs|

When contacted by a Personal Representative (PR) of an Estate in Probate (e.g., deeded owner has passed away), some thoughts: read the will, look to see if the PR can list and sell, require the PR to hire their closing/probate attorney upfront as part of your agreement to list, meet and communicate with the PR… Continue Reading Probate, Estate, PR, Personal Representative, Tips from a Listing Broker

LLR SCREC on Selling Manufactured Homes (SC DMV title, retired) MH Retail Dealer License

2025-04-16T14:38:24-05:00April 16th, 2025|Legal FAQs|

https://llr.sc.gov/re/News/Selling%20Manufactured%20Homes%20(Mobile%20Homes).pdf NAR ethics and SC license laws also require you to be knowledgeable and experienced aka currently competent, to practice the type of real estate that you are considering handling. So, if you are not yet experienced and knowledgeable (aka not yet competent) in the sale and or lease of manufactured homes and land deals:… Continue Reading LLR SCREC on Selling Manufactured Homes (SC DMV title, retired) MH Retail Dealer License

Updated Professional Standards Playlist

2025-04-15T10:30:38-05:00April 15th, 2025|Legal FAQs|

2013 Mock Arbitration Hearing (Money Dispute)(older video production): https://www.youtube.com/watch?v=JkQ27V3MFaU Newer videos: Past PSC Chairs John Smith and Lisa Alexander's Ethics in Action Article 12 https://www.youtube.com/watch?v=Sju_aJxM0MY SCR PSC Chair Mark Davis Cote and Vice Chair James Akers deep dive into ethics https://www.youtube.com/watch?v=sAujttypBSs Past PSC Chairs John Smith and Lisa Alexander's Ethics in Action Article 15 https://www.youtube.com/watch?v=-wECRLq_dPU… Continue Reading Updated Professional Standards Playlist

Professional Standards Videos Playlist

2025-04-15T10:24:39-05:00April 15th, 2025|Legal FAQs|

2013 Mock Arbitration Hearing (Money Dispute)(older video production): https://www.youtube.com/watch?v=JkQ27V3MFaU Newer videos: Past PSC Chairs John Smith and Lisa Alexander's Ethics in Action Article 12 https://www.youtube.com/watch?v=Sju_aJxM0MY SCR PSC Chair Mark Davis Cote and Vice Chair James Akers deep dive into ethics https://www.youtube.com/watch?v=sAujttypBSs Past PSC Chairs John Smith and Lisa Alexander's Ethics in Action Article 15 https://www.youtube.com/watch?v=-wECRLq_dPU… Continue Reading Professional Standards Videos Playlist

NAR Advocacy Scoop Fair Housing Podcast

2025-04-14T11:36:22-05:00April 14th, 2025|Legal FAQs|

https://www.nar.realtor/advocacy/advocacy-scoop-podcast/fair-housing-for-all Listen to the latest Advocacy Scoop Podcast: April is Fair Housing Month, and Shannon and Patrick take us inside NAR’s 360-degree approach to the topic. Fair Housing isn’t just a feel-good phrase—it’s the law. And NAR’s members are an army of Fair Housing advocates leading on this issue in every zip code in America.… Continue Reading NAR Advocacy Scoop Fair Housing Podcast

SCR Ethics: Advertising/Communications: NAR Ethics Article #12

2025-04-14T10:34:43-05:00April 14th, 2025|Legal FAQs|

https://www.youtube.com/watch?v=Sju_aJxM0MY REALTORS® John Smith and Lisa Alexander present a short video on advertising and communications (e.g., NAR ethics article #12). This information is only accurate as of 4/14/25. You must contact SCR for updates and changes to this information after 4/14/25 as laws and regulations may change over time. SCR 803-772-5206 or email info at… Continue Reading SCR Ethics: Advertising/Communications: NAR Ethics Article #12

REALTOR Magazine: NAR Broker Summit’s Legal Broker Risks

2025-04-14T10:29:50-05:00April 14th, 2025|Legal FAQs|

https://www.nar.realtor/magazine/broker-news/the-worst-risk-the-one-you-never-saw-coming What happens if a buyer closes with another agent after signing an exclusive agency expression agreement with you? REALTOR® association attorneys are fielding questions like this on their legal hotlines, according to attorneys speaking at the 2025 REALTOR® Broker Summit in Louisville, Ky., on Tuesday. Brokerages face many risks to their businesses, from copyright… Continue Reading REALTOR Magazine: NAR Broker Summit’s Legal Broker Risks

Brokerage Risk Management Planning (BIC Death/Inability, Associate Separation)

2025-04-11T09:50:08-05:00April 11th, 2025|Legal FAQs|

A couple of recent brokerage issues highlighted at a local brokerage roundtable: Prudent brokerage risk management can include creating a written executable plan for the future involving a BIC death or problematic incapacity (e.g., health, incommunicado, incarceration, missing in action, other) and the voluntary or involuntary separation of a BIC's associate (e.g., compensation changes, pendings,… Continue Reading Brokerage Risk Management Planning (BIC Death/Inability, Associate Separation)

Referrals: To Make or Not to Make, Risk Management

2025-04-09T10:04:38-05:00April 9th, 2025|Legal FAQs|

SCR has heard reports that some REALTORS® making referrals to service providers were sometimes accused of making negligent referrals when the service provider did not perform to the consumer's satisfaction (e.g., litigation communicated, ethics complaints, license law complaints, upset people leading to loss of referrals and loss of future business and receipt of bad reviews).… Continue Reading Referrals: To Make or Not to Make, Risk Management

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