Legal FAQs

Another Reason to Vet Sellers, Call the Hotline, Excerpt of Anti-Scam SC Laws. Listing agents and BICs and team leaders, LLR SCREC is actively communicating about their anti-wholesaling enforcement efforts in residential transactions. About a week ago, Governor McMaster signed an anti-scammer law that contains bolded language below criminalizing listing and or advertising residential real… Continue Reading Another Reason to Vet Sellers, Call the Hotline, Excerpt of Anti-Scam SC Laws

https://www.postandcourier.com/politics/sc-legislature-squatters-evict-landlords-bill/article_6aa8cc76-582e-4c6b-b4ca-79b635b881ea.html Posted by: Byron King on 7/7/26 (This information is only accurate as of 7/7/26. You must contact SCR for updates and changes to this information after 7/7/26, 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 2026: Anti Squatters Law

https://www.housingwire.com/articles/transaction-fee-lawsuits-nar/ Posted by: Byron King on 7/6/26 (This information is only accurate as of 7/6/26. You must contact SCR for updates and changes to this information after 7/6/26, 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 Florida lawsuit: Transaction Fees, Risk Management, Referral Fees

The SC Department of Consumer Affairs tracks reports of scams that scam and scams that fail to scam (e.g., attempted scams). Please report all scams, even thwarted/avoided scams, to SC Dept of Consumer Affairs. https://consumer.sc.gov/identity-theft-unit/scams Statistics pressure lawmakers and law enforcers over time to be more aggressive with scammers. Posted by: Byron King on 7/6/26… Continue Reading Report All Scams to SC Dept of Consumer Affairs

https://consumer.sc.gov/news/2026-06/dont-get-burned-scams-during-your-summer-vacation Posted by: Byron King on 7/6/26 (This information is only accurate as of 7/6/26. You must contact SCR for updates and changes to this information after 7/6/26, 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 SC Dept Consumer Affairs: Avoid Summer Scams, Fake Vacation Rental Listings, Red Flags, Strategies

https://llr.sc.gov/re/FAQ_Renewal.aspx Individuals holding lapsed or canceled licenses may not engage in the practice of real estate or property management (S.C. Code §§ 40-57-20 and 40-57-780). https://llr.sc.gov/re/FAQ_Renewal.aspx Thanks to the CCAR Staff and Laura Crowther AE CCAR for their report on how LLR SCREC renewals are being handled in 2026: "It appears, the Real Estate Commission… Continue Reading License Lapse, Reinstatement after June 30 renewal deadline

https://llr.sc.gov/re/News/Wholesaling-Assignment-of-Contracts-Guidance.pdf November 14, 2024 Advisory Opinion on Exceptions to Wholesaling Under Real Estate Practice Act SC Code §40-57-10 et seq. In May 2024 Governor Henry McMaster signed into law the revised Real Estate Practice Act, SC Code § 40-57-5 et seq. which includes a prohibition on the practice known as “wholesaling.” Since the statute’s passage,… Continue Reading Don’t Do That: Illegal Residential Wholesaling (LLR SCREC Guidance Document)

https://llr.sc.gov/re/News/Team%20Names%20-%20FINAL.pdf Posted by: Byron King on 7/2/26 (This information is only accurate as of 7/2/26. You must contact SCR for updates and changes to this information after 7/2/26, 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 LLR SCREC: Team Names: May 15, 2027

https://www.nar.realtor/news/washington-report/nar-supports-associational-standing-before-the-indiana-supreme-court Posted by: Byron King on 7/1/26 (This information is only accurate as of 7/1/26. You must contact SCR for updates and changes to this information after 7/1/26, 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 Association Standing, Indiana

July 1, 2026: Lone Wolf says zipForms Transactions are Updated From zipForms: I wanted to inform you that the updates to your SCAR library have posted in Transactions (zipForm Edition) and are now available to you and your members. You’re all Posted by: Byron King on 7/1/26 (This information is only accurate as of 7/1/26.… Continue Reading July 1, 2026: Lone Wolf says zipForms Transactions are Updated