Ensure you recommend the parties obtain legal counsel asap for all things lease related...documents, check in, inventory, pre-paids, deposits, rents, damages, settlements, insurance information, tenant information, COVID issues, security systems, solar panels, roll carts, gas tanks, property management, future reservations, etc. Here is the Vacation Rental Act: ARTICLE 2 The South Carolina Vacation Rental Act… Continue Reading Vacation Rental Act
Rental Assistance Part of New Relief Measure Congressional leaders struck a deal Sunday on a nearly $900 billion coronavirus relief bill that will bring a new round of support to millions of Americans before year’s end. The agreement contains many priorities championed by NAR, including rental assistance, a fresh round of funding and simplified forgiveness… Continue Reading Property Mangers and Landlords: Breaking NAR News! Rental Assistance
Mediation is settlement, working things out... NAR Mediation Forms: https://www.nar.realtor/code-of-ethics-and-arbitration-manual/forms#mediation https://www.nar.realtor/code-of-ethics-and-arbitration-manual/forms SCR Mediation Info: https://screaltors.org/mediation/ SCR Mediator list: https://screaltors.org/wp-content/uploads/2019/04/MediatorPamphlet2019-2.pdf SCR Free Zoom Mediator list: https://screaltors.org/wp-content/uploads/2020/11/OnlineMediation.pdf Posted by: Byron King on 12/19/20 (This information is only accurate as of 12/19/20. You must contact SCR for updates and changes to this information after 12/19/20 as laws and… Continue Reading Mediation Forms and Information
ATI filing is due on Jan 30, 2021 for all appropriate transactions that closed in 2020. Rollback property taxes go from 5 years to 3 years on 1/1/2021. Parties may consider closing in 2021 if able for this reason. Thanks REALTORS® and staff who have been active in SC governmental affairs. Hotline: 803-772-5206 or email… Continue Reading To Do List 2021: Close Ag Prop (Rollback Tax 5 to 3), File ATI for 2020 Deals
Hotline: 803-772-5206 or email Byron or email Austin 400+ hotline inquiries: Top 5 issues: Forms State Law License Law Ethics - Professionalism Agency - interference Top Other issues: MLS issues - clear cooperation, misleading, compensation Land deal issues Multiple offers...seller decides, highest and best, escalators, SCR314 each time MLS Clear Cooperation Policy...seller decides, privacy means… Continue Reading Top Hotlines November 2020
The 2021 NAR Code of Ethics is here! https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/2021-code-of-ethics-standards-of-practice Posted by: Byron King on 12/16/20 (This information is only accurate as of 12/16/20. You must contact SCR for updates and changes to this information after 12/16/20 as laws and regulations may change over time. SCR 803-772-5206 or email info or byron at screaltors.org)
https://www.nar.realtor/events/breaking-down-the-changes-to-the-code Wednesday, December 16 Breaking Down the Changes in the Code: Uniform Enforcement of Standard of Practice 10-5 with New Appendix XII Time: 1:00 – 2:00 pm CST Facilitators: Bruce Aydt and Matt Difanis Topic: How will the new Appendix XII, Appropriate Interpretation of Standard of Practice 10-5 and Professional Standards Policy Statement #29, assist… Continue Reading December 16: 2 pm NAR training on Fair Housing/SOP 10-5
Statistical top four: 1. Forms, which forms are needed, attorney approval to forms changes 2. Laws, state/licensing/local/federal 3. Ethics issues, professionalism complaints about other members 4. Disclosure issues, post closing the buyer finds property problems and blame the brokerages and the sellers for concealing issues Other: 1. MLS issues, Clear Cooperation Policy, Office Exclusives 2.… Continue Reading HOTTEST HOTLINES
COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization… Continue Reading NAR Housing Opportunity Guides with Links
COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization… Continue Reading NAR Housing Opportunity Guides