Legal FAQs

Updated SC Real Estate Regulations

2026-11-06T10:16:02-05:00November 6th, 2026|Legal FAQs|

https://llr.sc.gov/re/RECPDF/Doc%205437%20Chapter%20105.pdf Posted by: Byron King on 11/06/26 (This information is only accurate as of 11/06/26. You must contact SCR for updates and changes to this information after 11/06/26, 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 Updated SC Real Estate Regulations

New SCR Residential Leasing Agreements and Addenda and Forms, Walkthrough Videos

2026-11-05T09:53:19-05:00November 5th, 2026|Legal FAQs|

The 2026 SCR updates to the residential leasing forms are on the SCR website and coming soon to the SCR-licensed forms vendors. The SCR Walkthrough video series on the SCR residential leasing forms is coming soon to the SCR YouTube channel. 34 pages of residential leasing forms updates are ready: SCR410 residential lease agreement, the… Continue Reading New SCR Residential Leasing Agreements and Addenda and Forms, Walkthrough Videos

Housingwire: Administrative Fee Lawsuit PA (agency, fidcy, unfair trade practices)

2026-11-05T09:26:11-05:00November 5th, 2026|Legal FAQs|

https://www.housingwire.com/articles/pennsylvania-keller-williams-broker-fee/ Article Summary A Pennsylvania homebuyer sued Keller Williams Elite in Lancaster County over a $650 broker fee disclosed at closing. The complaint alleges fiduciary duty and consumer protection violations and seeks class action status, damages, and an injunction. AI Summary Posted by: Byron King on 11/05/26 (This information is only accurate as of 11/05/26.… Continue Reading Housingwire: Administrative Fee Lawsuit PA (agency, fidcy, unfair trade practices)

Housingwire: lawsuit administrative fees FLA

2026-11-05T09:18:39-05:00November 5th, 2026|Legal FAQs|

https://www.housingwire.com/articles/transaction-fee-lawsuits-nar/ Article Summary Litigation over brokerage transaction fees may increase as buyers review costs under post settlement compensation rules. A Florida lawsuit against Compass challenges a $475 fee and attorneys say a successful class action bid could prompt similar cases. AI Summary Posted by: Byron King on 11/05/26 (This information is only accurate as of… Continue Reading Housingwire: lawsuit administrative fees FLA

NAR Appraisal: UAD 3.6 on 11.02.2026, New Appraisal Changes into 2027+

2026-11-02T16:56:35-05:00November 2nd, 2026|Legal FAQs|

https://www.nar.realtor/news/real-estate-news/appraisal-ready-what-agents-and-brokers-can-do-now-for-uad-3-6 https://www.nar.realtor/news/real-estate-news/appraisers-are-doing-their-part-to-prepare-for-new-reporting The mandatory transition to Uniform Appraisal Dataset (UAD) 3.6 for conventional loan appraisals submitted to the Uniform Collateral Data Portal (UCDP) takes effect on November 2, 2026. [1, 2] Key Takeaways for REALTORS® & Agents Single Dynamic Report: Replaces legacy appraisal forms (1004, 1073, 1025) with a single, dynamic Uniform Residential Appraisal Report… Continue Reading NAR Appraisal: UAD 3.6 on 11.02.2026, New Appraisal Changes into 2027+

anti NTRAPS statute in SC, one year limitation on NTRAPS marketing agreements

2026-10-29T08:13:42-05:00October 29th, 2026|Legal FAQs|

https://www.alta.org/advocacy/advocacy-issues/ntraps-faq (9) An agreement regarding residential real estate that is to be in effect for greater than one year and either expressly or impliedly purports to do any of the following is unenforceable and is considered to be done in bad faith, and a licensee involved in such an agreement is subject to disciplinary action… Continue Reading anti NTRAPS statute in SC, one year limitation on NTRAPS marketing agreements

One Year Agreements, More than One Year Agreements, anti-NTRAPS

2026-10-29T08:07:43-05:00October 29th, 2026|Legal FAQs|

Most SCR agreements are not going to fit into the anti-NTRAPS statute (e.g., most SCR agreements are not recorded). (9) An agreement regarding residential real estate that is to be in effect for greater than one year and either expressly or impliedly purports to do any of the following is unenforceable and is considered to… Continue Reading One Year Agreements, More than One Year Agreements, anti-NTRAPS

NAR Placemaker Grant

2026-10-28T15:31:14-05:00October 28th, 2026|Legal FAQs|

https://realtorparty.realtor/community-development/placemaking Posted by: Byron King on 10/28/26 (This information is only accurate as of 10/28/26. You must contact SCR for updates and changes to this information after 10/28/26, 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 NAR Placemaker Grant

NAR: Professional Standards, Arbitration, Etihcs, Mediation, Education, Information

2026-10-27T12:22:18-05:00October 27th, 2026|Legal FAQs|

https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/educational-resources Posted by: Byron King on 10/27/26 (This information is only accurate as of 10/27/26. You must contact SCR for updates and changes to this information after 10/27/26, 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 NAR: Professional Standards, Arbitration, Etihcs, Mediation, Education, Information

SC Sup Ct on Property Tax Calculations

2026-10-26T15:25:13-05:00October 26th, 2026|Legal FAQs|

Mt. Pleasant Investments, LLC v. Charleston County Assessor, 2026 WL 2036002, Op No. 6153 (S.C. Ct. App. filed July 15, 2026) (Davis Adv. Sh. No. 26 at 18). Ensuring the proper fair market value is used when the assessable transfer of interest (“ATI”) exemption is being calculated and applied can save thousands of dollars in… Continue Reading SC Sup Ct on Property Tax Calculations

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