Legal FAQs

https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/code-of-ethics-training-requirement-now-every-three-years Since 2001, REALTORS® have been required to take Code of Ethics training to retain their membership. Originally, the training was required every four years, but in 2017, NAR changed the requirement to every two years. A presidential advisory group (PAG), appointed in 2019, made several recommendations to the NAR Leadership Team. One of its… Continue Reading 10 hours CE for LLR every 2 years… and 2.5 hours ethics for NAR every 3 years

https://www.nar.realtor/fair-housing Posted by: Byron King on 3/3/21 (This information is only accurate as of 3/3/21. You must contact SCR for updates and changes to this information after 3/3/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Good news from LLR Director Farr today: Brokers aka BICs will now be notified when agents aka associated licensees transfer from your brokerage online or otherwise (e.g., in person at LLR). So, keep your contact information accurate at LLR SC Real Estate Commission. SCR risk management recommendation: always have a written proper independent contractor agreement… Continue Reading Good news from LLR Director Farr today: Brokers will now be notified when agents transfer online or otherwise!

https://www.donotcall.gov/report.html Posted by: Byron King on 3/1/21 (This information is only accurate as of 3/1/21. You must contact SCR for updates and changes to this information after 3/1/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

https://www.ftc.gov/tips-advice/business-center/guidance/can-spam-act-compliance-guide-business Posted by: Byron King on 3/1/21 (This information is only accurate as of 3/1/21. You must contact SCR for updates and changes to this information after 3/1/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Here is the current "HOA" law...allows HOA complaints to SC Dept of Consumer Affairs: https://www.scstatehouse.gov/code/t27c030.php Here is a link to SCHCA on HOA: https://consumer.sc.gov/HOA-Ed SCR391 first section and SCR310 due diligence alongside SCR230 can help manage HOA issues risks. Risk management: always an attorney delivers true HOA and CCR documents. REALTORS® should not gather/deliver these… Continue Reading HOA Owners’ Association Issues

https://www.nar.realtor/events/breaking-down-the-changes-to-the-code NAR will be discussing the definition of public trust. All are welcome to attend and the session will be recorded for those who are unable to make it. Register for the session and view a recording of previous trainings at www.nar.realtor/changes-to-coe-training. Let us know if you have any questions and feel free to share… Continue Reading NAR COE Training March 9

https://www.nar.realtor/national-leadership/fair-housing-challenge-stand-up-for-racial-equity At Home With Diversity® The At Home With Diversity® (AHWD) certification course teaches REALTORS® how to work effectively with diverse populations so they can build business success in today’s multicultural real estate market. All volunteer leaders and committee members have the opportunity to complete the recently revamped At Home With Diversity® certification course on… Continue Reading NAR Offers Free At Home With Diversity Course

In very active markets where properties may see immediate multiple offers within minutes of the property being offered for sale, NAR is receiving reports of real estate licensees and listing agents taking high risks for fair housing violations, lawsuits, ethics complaints, and license law complaints. Think documented informed consent, clear cooperation policy, office exclusives, privacy,… Continue Reading NAR + Clear Cooperation Policy

If you have a buyer who wants to submit a love letter to a seller... If you have a seller who wants to review a love letter from a buyer... Use every method you have to stop this potential FAIR HOUSING violation. Nip this in the bud. NAR alert that love letters are high risk… Continue Reading FAIR HOUSING LOVE LETTERS – QUASH THEM, NIP IN THE BUD