Legal FAQs

https://www.nar.realtor/videos/window-to-the-law-understanding-the-effective-date-of-practice-changes Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info Video on Why Practice Changes by August 17, 2024

https://www.nar.realtor/videos/window-to-the-law-terms-of-a-written-buyer-agreement Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info Video on Buyer Agreement B4 Physical/Virtual Tour of Listing

https://www.nar.realtor/videos/window-to-the-law-sop-16-16-and-requesting-buyer-broker-compensation Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info Video on SOP 16-16 Ethics

https://www.nar.realtor/competition-in-real-estate Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info: Info for Consumers

https://www.nar.realtor/the-facts/window-to-the-law-settlement-facts-videos Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info: NAR Legal Team Videos

https://www.nar.realtor/the-facts Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info: Facts.REALTOR

https://llr.sc.gov/re/FAQ_Renewal.aspx (C) A license only may be renewed in accordance with procedures established by the commission pursuant to Section 40-1-50(D). A licensee is responsible for renewing his license whether or not he receives notice. (D) A license that is not renewed before its expiration date lapses. Further practice may be sanctioned as unlicensed practice and… Continue Reading New License Law: License Renewals Running April 1 to June 30

(B) If after an investigation, charges of a violation are brought against a licensee, the broker-in-charge or property manager-in-charge must be notified of the charges. In the event a supervised licensee is noticed for a formal complaint hearing or otherwise appears before the commission to resolve the charges, the broker-in-charge or property manager-in-charge of record… Continue Reading New License Law: BIC: Attend LLR SCREC Hearings Alongside Your Associated Licensee Respondent

(7) "Broker-in-charge" means the sole broker designated by the commission to have responsibility over the actions of all supervised licensees. A broker-in-charge is responsible for: (a) the day-to-day management of the brokerage firm; (b) the control and liability for a real estate trust account; and (c) ensuring compliance with all applicable laws and regulations. The… Continue Reading New License Law: Reminder that the BIC is Responsible for their Brokerage

https://www.youtube.com/watch?v=Pht4r8RX3_I Posted by: Byron King on 05/30/24 (This information is only accurate as of 05/30/24. You must contact SCR for updates and changes to this information after 05/30/24 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… Continue Reading NAR on the Unauthorized Practice of Law