Legal FAQs

https://www.nar.realtor/events/mediator-mediation-training NAR offers some of the best mediator training classes in the world. This NAR mediation class will fill up asap, so apply asap if you are interested. If you have taken SCR mediation training or NAR mediation training or SC Bar mediation training in the past and are interested in becoming a SCR mediator… Continue Reading from Byron King: NAR mediation training in Chicago September 4, 5 and 6 2019

SCR310 section 6 states that the buyer's transaction costs include...all costs to obtain information from or pertaining to any owners association (aka certificate of assessment). This is interpreted as the cost to obtain documentation about the seller's owners association issues and costs to investigate the owners association (e.g. getting the documentation on the seller's owners… Continue Reading From Byron King: HOA Fees and the SCR310 Contract

Risk management could lead you to possibly using one or all of these as your email signature or tailoring them to your risk management needs: WIRE FRAUD WARNING: Organized criminals may send fake email to trick you into wiring or electronically sending your money to them so they can steal your money. Always be suspicious… Continue Reading From Byron King: Sample Email Signature

The LLR seller disclosure asks about a meter conservation charge. Basically, this is a way the utility charges or "finances" energy measures such as a new energy efficient hot water heater or other appliance for example. You have often seen these offers in your utility bills. SC Code: https://www.scstatehouse.gov/code/t58c037.php SECTION 58-37-50. Agreements for energy efficiency… Continue Reading From Byron King: Statutory Definition Meter Conservation Charge

When you are dealing with clients who exhibit signs of mental health issues or dementia or confusion, there are a number of steps you can take to help. Talk to the client. Ask the client for permission to reach out to emergency contacts that the client has provided you (e.g. friends, family, relatives, lawyers, social… Continue Reading From Byron King: Handling Clients Exhibiting Mental Confusion, Memory Lapses (More than Normal)

Wondering what your top three 2019 risk management worries should be? NAR risk management committee identifies three: Team issues Coming soon Cybersecurity https://www.nar.realtor/natmeet.nsf/vwAttachmentsByKey/20461AC02FFF293786258354007C7B87/$File/AN18%20Minutes.Final.pdf Team issues: Remember the BIC supervises and compensates so have all that in writing. Know who your BIC is. Know in writing what your compensation is and how issues change if you… Continue Reading By Byron King: NAR Risk Management Committee Top 3: Teams, Coming Soon, Cybersecurity

https://www.scstatehouse.gov/sess122_2017-2018/bills/3886.htm Be it enacted by the General Assembly of the State of South Carolina: Homeowners Associations, Consumer Affairs services SECTION 1. Title 27 of the 1976 Code is amended by adding: "CHAPTER 30 Homeowners Associations Article 1 South Carolina Homeowners Association Act Section 27-30-110. This article may be cited as the 'South Carolina Homeowners Association… Continue Reading New HOA laws

This links to the 2019 NAR Code of Ethics: https://www.nar.realtor/sites/default/files/documents/2019-COE.pdf Posted by: Byron King on 01/04/19 (This information is only accurate as of 01/04/19. You must contact SCR for updates and changes to this information after 01/04/19 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

SCR forms updated with the 2019 forms library in zipForms. Update your packets and forms. The zipForms library is updated online so if you use your member benefit of zipForms then you are already updated! LLR's new seller disclosure (aka RPCDS, aka SCR230) is a mandatory change as of 1/1/2019. Ensure you are using an… Continue Reading Update Your SCR Forms Library

You have seen the houses with solar panels. The solar panels can help generate electricity and hot water to help the owner and the environment. Listing brokers: ensure you ask the seller about the solar panels. Do you own the solar panels? Any problems with the solar panel systems? Do you lease or finance the… Continue Reading Solar Panels: See the Light!