Legal FAQs

RPR BPO CMA…NOT AN APPRAISAL

2024-07-09T08:46:19-05:00July 9th, 2024|Legal FAQs|

In mid 2024, your REALTOR® exemption from appraisal licensing requirements for your BPO, CMA, and RPR work was updated: Old language: SC Code 40-60-30 excerpt: 1) A real estate licensee licensed in accordance with Chapter 57, Title 40 who performs a market analysis or gives an opinion as to the price of real estate on [...]

EPA CERCLA Update

2024-07-08T14:43:21-05:00July 8th, 2024|Legal FAQs|

From Dirt: The EPA has expanded the reach of CERCLA. On April 19 it added two man-made chemicals, PFOA and PFOS (perfluorooctanoic acid and perfluorooctane sulfonate) to the list of hazardous substances covered by CERCLA. These chemicals have been used to make non-stick coatings on cookware and protective coatings for carpets and fabrics. They have [...]

Seller Concessions Remain Legal AKA Seller Paid Buyer’s Transaction Costs in SCR310 Contract

2024-07-08T13:34:07-05:00July 8th, 2024|Legal FAQs|

Seller Concessions Remain Legal AKA Seller Paid Buyer's Transaction Costs in SCR310 Contract This information is only accurate as of 07/08/24. You must contact SCR for updates and changes to this information after 07/08/24 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 [...]

SCR120 Compensation Agreement, the REALTOR’s Best Friend, A Haiku

2024-07-08T12:40:51-05:00July 8th, 2024|Legal FAQs|

An AI Haiku to SCR120 The Compensation Agreement Form one-twenty's grace, REALTOR's steadfast ally, Deals sealed with ease, trust. This information is only accurate as of 07/08/24. You must contact SCR for updates and changes to this information after 07/08/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org [...]

July: BICs Check Your Licensees and Independent Contractors

2024-07-08T11:12:49-05:00July 8th, 2024|Legal FAQs|

Starting in July, BICs should be checking with LLR that all their associated licensees have an active license (e.g., renewed their license by June 30 in 2024 or 2025) and check that your independent contractor agreement and compensation agreements are updated and properly documented/executed. [Consider using a separation agreement for future planning when a licensee moves [...]

NAR Home Finance Resource Designation

2024-07-02T10:19:24-05:00July 2nd, 2024|Legal FAQs|

https://learning.realtor/diweb/catalog/item?id=14710754&_gl=1*1sit6xs*_gcl_au*MjAyNjk4MDAyMC4xNzE1MTkwODE5*_ga*MTI2NzE0MzQ5NS4xNjczOTY2MTcy*_ga_QEF4X2SGP1*MTcxODM4NzQ4MS4xMzkuMS4xNzE4Mzg3NTAxLjQwLjAuMA. This information is only accurate as of 07/02/24. You must contact SCR for updates and changes to this information after 07/02/24 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 information is intended only to provide [...]

Center for REALTOR Development CRD, ABR elective courses

2024-07-02T10:17:14-05:00July 2nd, 2024|Legal FAQs|

https://crd.realtor This information is only accurate as of 07/02/24. You must contact SCR for updates and changes to this information after 07/02/24 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 information is intended only to provide [...]

Become ABR

2024-07-02T10:15:30-05:00July 2nd, 2024|Legal FAQs|

https://become.abr.realtor This information is only accurate as of 07/01/24. You must contact SCR for updates and changes to this information after 07/01/24 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 information is intended only to provide [...]

Forms Roadshow!

2024-06-28T14:34:16-05:00June 28th, 2024|Legal FAQs|

Forms changes coming soon The new forms were approved at the most recent SCR Board of Directors meeting. Austin Smallwood will be traveling to the following boards for training. Greenwood 7/1/24 Sumter 7/2/24 Aiken 7/8/24 CCRA 7/15/24 SPAR 7/22/24 GGAR 7/23/24 WUAR 7/24/24 Cherokee/ PRAR 7/25/24 Beaufort 7/26/24 PeeDee 7/29/24 CTAR 7/31/24 CCAR 7/31/24 HH [...]

Settlement and MLS Rules Changes and Forms Changes and Town Hall Follow Up Information, FAQs, Videos, ABR, RENE, SRS, BA Training

2024-06-28T10:58:34-05:00June 28th, 2024|Legal FAQs|

SCR Town Hall and other Presentations on Forms Updates, MLS Rules Changes, Settlement Issues, NAR Ethics, New SC License Laws, FAQs: https://screaltors.org/nar-lawsuit-settlement-scr-faqs-and-resources/ NAR Settlement and MLS Rules Changes FAQs https://www.nar.realtor/the-facts SCR Youtube Training Videos https://www.youtube.com/user/SCREALTORS SCR Courses https://myemail-api.constantcontact.com/Register-now-for-SCR-s-FREE-Summer-Education-Series.html?soid=1011030264215&aid=Lupk9epP4ZU&fbclid=IwZXh0bgNhZW0CMTAAAR27ReYN9t4wdpr6S0FyaXIlD4jGhw-idZyrpL-yOijkX6K8E702MMOzlss_aem_qZxCDC9iYgry9H0z-RbdMw NAR Courses https://www.nar.realtor/education/designations-and-certifications/accredited-buyers-representative-abr/free-in-2024 Accredited Buyer’s Representative (ABR®) Designation | Live Interactive Webinar | No Cost for Members [...]

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