Legal FAQs

https://llr.sc.gov/re/News/No%20Builder's%20Exemption%20in%20SC.pdf This information is only accurate as of 6/18/25. You must contact SCR for updates and changes to this information after 6/18/25 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 LLR SCREC: Work for a Builder? Must read ASAP

https://llr.sc.gov/re/News/2025%20Changes%20to%20Real%20Estate%20Practice%20Act.pdf This information is only accurate as of 6/18/25. You must contact SCR for updates and changes to this information after 6/18/25 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 LLR SCREC Guidance CE, GA, Reciprocal, 65 & 25

https://www.nar.realtor/legal/new-member-must-watch-list This information is only accurate as of 6/17/25. You must contact SCR for updates and changes to this information after 6/17/25 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 New Member: Risk Management, Legal Videos to Watch from NAR

https://www.nar.realtor/videos/window-to-the-law/cryptoscam-targets-real-estate-professionals?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=91DA68EB-EB8D-4D14-A9E2-F948A89AEA09 This information is only accurate as of 6/13/25. You must contact SCR for updates and changes to this information after 6/13/25 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: Crypto Scams! Pig Butchering Scam! Organized Crime. Beware! TGTBT=TGTBT

Top 19 Legal Hotlines in May 2025 #1 Forms #2 State Laws 3 Other 4. License Law 5. Advertising 6. Due Diligence 7. Professionalism 8. Code of Ethics 9. Ethics Complaints 10. Earnest Money 11. Disclosure 12. Compensation 13. Agency 14. Repairs 15. MLS Issues 16. Property Management 17. Settlement 18. Brokerage Management 19 Multiple… Continue Reading Top Ten Legal Hotlines May 2025

https://www.nar.realtor/appraisal-valuation/supporting-your-value-webinar-series/supporting-your-value-the-new-uniform-appraisal-dataset-what-realtorsr-need-to-know UAD 3.6 Uniform Appraisal Dataset 3.6 Concerns this may cause closing delays in the fall from 30 days to 60 + days? This information is only accurate as of 6/12/25. You must contact SCR for updates and changes to this information after 6/12/25 as laws and regulations may change over time. SCR 803-772-5206 or… Continue Reading Appraisals, Appraisers Webinar Series, New Changes, Closing Delays in Fall? UAD 3.6

In September, lenders will begin phasing in new standards for appraisals on GSE-conforming loans. This will likely cause closing days, with some appraisers predicting 60 day closings in the near term as these new standards are implemented. REALTORS® need to be alerted and educated this summer so they can warn and explain to their clients… Continue Reading New Appraisal Proceduress Coming Fall 2025, Get Ready Now to Minimize Closing Delays

https://www.youtube.com/watch?v=UNMHri8yh_s This information is only accurate as of 6/11/25. You must contact SCR for updates and changes to this information after 6/11/25 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 LLR SCREC Meeting Livestream on Youtube June 11, 2025

Many MLS rules require posting "agent owner" in public and private remarks of MLS. Article 4 REALTORS® who have a present ownership interest in property for sale or lease, or contemplated interest to purchase or lease property, must disclose in writing the existence of such interest to all parties to the transaction prior to a… Continue Reading Always Advertise “Agent Owner” Early & Often When Self Dealing on a Listing

https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 This information is only accurate as of 6/11/25. You must contact SCR for updates and changes to this information after 6/11/25 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 LLR Order Posted 1/4/2023 escrow account, bookkeeping discrepancies