Legal FAQs

Broker Risks – Top 8 per NAR Legal

2020-11-25T10:08:20-05:00November 25th, 2020|Coronavirus, Legal FAQs|

https://www.nar.realtor/legal/hot-topics-for-brokers 1. Wire Fraud 2. Cold Calling and Texting Leads/Consumers 3. Your websites are not ADA compliant for sight impaired users 4. Fair Housing - including new ban on harassing/hate speech, slurs, epithets 5. Multiple Offers - seller controls - SCR312 highest and best 6. COVID-19 issues 7. MLS Clear Cooperation Policy cure to Off… Continue Reading Broker Risks – Top 8 per NAR Legal

Multiple Buyers Form SCR140

2020-11-24T10:27:52-05:00November 24th, 2020|Coronavirus, Legal FAQs|

Hot markets, low inventory...good time to remind your brokerage buyers that you may be working with multiple buyers who desire the same real estate and you will maintain all these buyers' confidential information. Document this discussion with SCR140 Multiple Buyer form. SCR buyer side agreements mention this and this form reinforces. https://screaltors.org/wp-content/uploads/Forms/140.pdf Posted by: Byron… Continue Reading Multiple Buyers Form SCR140

Trainings on NAR Ban Hate/Harassing Speech & Epithets/Slurs

2020-11-24T09:54:46-05:00November 24th, 2020|Coronavirus, Legal FAQs|

NAR will broadcast different training sessions on the NAR ban of hate/harassing speech and epithets/slurs. Please register and tune in live or the recording on all of these training sessions. Trainings Scheduled for Ethics Changes NAR will be hosting monthly trainings to provide guidance on the changes to the Code of Ethics that were approved… Continue Reading Trainings on NAR Ban Hate/Harassing Speech & Epithets/Slurs

NAR Article 10 harassing/hate speech, epithets, slurs ban – NAR online training dates, sign up! Watch! Learn! Spread the word!

2020-11-23T14:01:06-05:00November 23rd, 2020|Coronavirus, Legal FAQs|

https://www.nar.realtor/national-leadership/breaking-down-the-changes-to-the-code November 20, 2020 NAR will host monthly trainings to provide guidance on the changes to the Code of Ethics that were approved by the NAR Board of Directors on November 13, 2020, and to provide an opportunity to ask questions of our policy experts. An event reminder from Zoom will be emailed prior to… Continue Reading NAR Article 10 harassing/hate speech, epithets, slurs ban – NAR online training dates, sign up! Watch! Learn! Spread the word!

If You Can’t Say Something Nice…

2020-11-19T09:23:41-05:00November 19th, 2020|Coronavirus, Legal FAQs|

REALTORS® now have an ethical duty to not make any statements or writings that might be considered harassing or hate speech against the fair housing protected classes. Also, REALTORS® cannot use epithets or slurs. Discipline includes all professionalism membership discipline: permanent record, referral, posting, fines, education, probation, and suspension. Below links to the NAR Professional… Continue Reading If You Can’t Say Something Nice…

NAR Professional Standards Committee Forum Recording

2020-11-12T13:37:08-05:00November 12th, 2020|Coronavirus, Legal FAQs|

https://www.conference.realtor/ https://virtualconference.realtor/session-virtual/?v26dd132ae80017cdaf764437c30ebe6f10c1b1eeaab01165e44366654b368dfaeab6baf7e386a642ecb238989334530e=ABA363CB8D321892F75BD958E81CC816AEF994E998902AF296F7B0D89EDAB9C451B9BE1DE85744A434EC3DC82E3286A6&from=followed-items Posted by: Byron King on 11/12/20 (This information is only accurate as of 11/12/20. You must contact SCR for updates and changes to this information after 11/12/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

Rollback Tax changes in 2021 – Delaying a closing could save your clients money!

2020-11-10T15:44:06-05:00November 10th, 2020|Legal FAQs|

From: Burnet R. Maybank III, Member at Nexsen Pruet, LLC When agricultural real property is applied to a use other than agricultural, it becomes subject to rollback taxes.  In the year the use changes, the difference between tax paid under the agricultural use classification and the amount that would have been paid (typically as commercial)… Continue Reading Rollback Tax changes in 2021 – Delaying a closing could save your clients money!

ADA – Office/Website Compliance

2020-11-10T12:17:22-05:00November 10th, 2020|Coronavirus, Legal FAQs|

NAR on ADA compliance for physical space and online space: https://www.nar.realtor/americans-with-disabilities-act-ada Posted by: Byron King on 11/10/20 (This information is only accurate as of 11/10/20. You must contact SCR for updates and changes to this information after 11/10/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

Read B4 Cold Calling/Texting

2020-11-10T12:15:44-05:00November 10th, 2020|Coronavirus, Legal FAQs|

https://www.nar.realtor/telemarketing-cold-calling Posted by: Byron King on 11/10/20 (This information is only accurate as of 11/10/20. You must contact SCR for updates and changes to this information after 11/10/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

Guide to Multiple Offers

2020-11-10T12:08:10-05:00November 10th, 2020|Coronavirus, Legal FAQs|

NAR guide to handling multiple offers: https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/a-buyers-and-sellers-guide-to-multiple-offer-negotiations https://www.nar.realtor/videos/window-to-the-law/how-to-handle-multiple-offers Posted by: Byron King on 11/10/20 (This information is only accurate as of 11/10/20. You must contact SCR for updates and changes to this information after 11/10/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

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