Legal FAQs

Rent Cap

2024-07-16T14:28:34-05:00July 16th, 2024|Legal FAQs|

https://www.nar.realtor/magazine/real-estate-news/bidens-rent-cap-plan-is-harmful-housing-groups-say?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=B1E1523A-55CF-4AE1-A3FA-0577A3A22FA7 This information is only accurate as of 07/16/24. You must contact SCR for updates and changes to this information after 07/16/24 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… Continue Reading Rent Cap

NAR PSA Pricing Strategy Advisor

2024-07-15T12:47:42-05:00July 15th, 2024|Legal FAQs|

https://psa.realtor/ This information is only accurate as of 07/15/24. You must contact SCR for updates and changes to this information after 07/15/24 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… Continue Reading NAR PSA Pricing Strategy Advisor

SCR Forms Updates and MLS Changeover Dates

2024-07-15T11:01:39-05:00July 15th, 2024|Legal FAQs|

The South Carolina forms with updates are already live on screaltors.org as PDFs and the zipForms vendor has promised that the South Carolina forms in zipForms will be updated on August 1. The other vendors should be close to that date too. So, South Carolina member brokerages/licensees should have access to and be using the… Continue Reading SCR Forms Updates and MLS Changeover Dates

Incomplete on MLS Change Dates

2024-07-15T07:56:14-05:00July 15th, 2024|Legal FAQs|

Incomplete reports, SCR forms should be at Vendors by these dates. SCR forms PDFs are currently at screaltors.org along with training help videos and helpful redlined versions of forms. August 5 Aiken Spartanburg August 12 CCAR CTAR Sumter Greenwood August 17 NAR August 19 Columbia area CMLS This information is only accurate as of 07/15/24.… Continue Reading Incomplete on MLS Change Dates

CLUE Report, Insurance Issues, Roof, Roof Warranty, Shingles, Warranty Does It Transfer and Procedures

2024-07-10T15:17:01-05:00July 10th, 2024|Legal FAQs|

Insurance Problems, Flood Insurance Problems, CLUE report Pop quiz, do you know what C.L.U.E. stands for? (See the answer at the bottom of this article.) p.s. If you do not know what a C.L.U.E. report means in general and you practice real estate, you are already at risk for a lawsuit. [Contact asap your BIC,… Continue Reading CLUE Report, Insurance Issues, Roof, Roof Warranty, Shingles, Warranty Does It Transfer and Procedures

SC CT Appeals Beachfront, SC CCL v SCDHEC Debordieu

2024-07-10T10:50:07-05:00July 10th, 2024|Legal FAQs|

Court of Appeals Published Opinions - May 2024 Note: Beginning in June 2012, opinions will be posted as Adobe PDFs. You can download a free copy of Adobe Reader here. The summary following each opinion is prepared to offer lawyers and the public a general overview of what a particular opinion decides. The summary is… Continue Reading SC CT Appeals Beachfront, SC CCL v SCDHEC Debordieu

Social Media Posts of Other Brokers/Agents Listings

2024-07-09T12:12:09-05:00July 9th, 2024|Legal FAQs|

The SCR hotline and office number is 803-772-5206 and the lawyers' emails are Byron and Austin and TPitts also the SCR CEO is a lawyer (Nick) For the below, please realize that in the past, SCR has heard a lot of complaints from sellers and listing agents and listing brokerages about other licensees allegedly illegally… Continue Reading Social Media Posts of Other Brokers/Agents Listings

July 9-10, Anticipate SCR forms to Update on SCREALTORS.ORG

2024-07-09T10:21:43-05:00July 9th, 2024|Legal FAQs|

July 9-10, Anticipate SCR forms to Update on SCREALTORS.ORG SCR licensed forms vendors will update as their USA workload allow. Lots of associations and brokerages and MLS are updating their forms libraries. Please find below a full list of the forms that are updating. 120(Compensation Agreement) 130(Exclusive Right to Buy Buyer’s Agency) 135(Exclusive Agency Buyer… Continue Reading July 9-10, Anticipate SCR forms to Update on SCREALTORS.ORG

Doing a BPO, CMA, RPR? Upfront disclose this language!

2024-07-09T09:16:45-05:00July 9th, 2024|Legal FAQs|

"This market analysis or price opinion may not be used for the purposes of obtaining financing in a federally related transaction". (also consider using this language too) THIS IS NOT AN APPRAISAL. THIS IS A BROKER PRICE OPINION OR A COMPARATIVE MARKET ANALYSIS This information is only accurate as of 07/09/24. You must contact SCR… Continue Reading Doing a BPO, CMA, RPR? Upfront disclose this language!

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