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)

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

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+

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

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

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

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

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

https://www.whitehouse.gov/presidential-actions/2026/10/decreasing-housing-costs-for-the-american-people/ Posted by: Byron King on 10/23/26 (This information is only accurate as of 10/23/26. You must contact SCR for updates and changes to this information after 10/23/26, 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 WH EO on Housing (10/22/26)

SCR Risk Management NAR Code of Ethics #13 Article Always verbally and in writing for your records, recommend that parties obtain legal information from their attorneys, closing attorneys, and trial lawyers for disputes. SCR offers mediation information for mediated self-settlement prior to litigation (e.g., litigation = uncertain outcome, expensive, lengthy, no control over outcome). Here… Continue Reading SC Closing Attorneys, Title Insurance, Closing Tips