Legal FAQs

NAR recently updated the below link with this NAR Window to the Law Video: https://www.youtube.com/watch?v=6BYU1Kaltaw NAR collection of Anti Money Laundering FINCEN Information for REALTORS®: https://www.nar.realtor/videos/window-to-the-law/updates-to-anti-money-laundering-rules This information is only accurate as of 09/11/24. You must contact SCR for updates and changes to this information after 09/11/24 as laws and regulations may change over time.… Continue Reading 911: REALTORS and Federal Government vs Terrorists (FINCEN)(Anti Money Laundering Using Real Estate)

In February 2024, NAR submitted a formal comment in response to FinCEN's proposed anti-money laundering rule on this issue. The final rule requires certain real estate professionals to report information for non-financed residential real estate transactions, and transfers of real estate to trusts or legal entities.7 days ago FinCEN Issues New Anti-Money Laundering Rule for… Continue Reading 911: NAR on FinCen, Anti Money Laundering, Anti Terrorism Funding Through Real Estate

https://www.nar.realtor/appraisal-valuation https://www.nar.realtor/appraisal-valuation/benefits-of-joining-nar-for-appraisers This information is only accurate as of 09/09/24. You must contact SCR for updates and changes to this information after 09/09/24 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… Continue Reading Benefits of REALTOR Membership for Appraisers

  Kick off REALTOR® Safety Month with this basic safety course webinar This course, brought to you by SCR in partnership with LLR, is designed to provide a broad overview of the risks and safety consciousness required to be a Real Estate Agent. It draws on the most recent data from the National Association of… Continue Reading September is Safety Month

https://casetext.com/regulation/south-carolina-code-of-regulations/chapter-27-clemson-university/article-17-south-carolina-pesticide-control/section-27-1085-standards-for-prevention-or-control-of-wood-destroying-organisms J. Moisture Control.(1) Excessive moisture conditions are present any time wood moisture content readings reach or exceed 20% or standing water is present in the crawlspace or around the foundation. Wood-decay fungi become active, and decay damage occurs, at wood moisture-content levels of 28% and above. Reports of excessive moisture conditions and active decay… Continue Reading Clemson Extension Service, CL100, Moisture Levels, Remedies, Wood Infestation Report

https://www.nar.realtor/videos/navigating-the-practice-changes-webinar This information is only accurate as of 09/05/24. You must contact SCR for updates and changes to this information after 09/05/24 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: Navigating the Practice Changes

Thank you again for enrolling in the ABR® course and your dedication to advancing your skills during this pivotal time in our industry. We’re writing to inform you of an important update regarding your ABR® course. As of August, the course and materials have been thoroughly updated to reflect the real estate industry's imperatives and… Continue Reading NAR Updating their ABR Course in Early September

NAR Buyer Agreements 101 https://www.nar.realtor/the-facts/written-buyer-agreements-101 This information is only accurate as of 09/04/24. You must contact SCR for updates and changes to this information after 09/04/24 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… Continue Reading NAR Buyer Agreements 101

NAR information: NAR has long promoted written buyer agreements because they benefit consumers by clearly and transparently outlining the services a real estate professional will provide and how they are compensated. Currently, 27 states have enacted laws on written buyer agreements, with a significant number of these states passing legislation related to buyer agreements in… Continue Reading NAR Information: 27 States with Buyer Agency Agreements (August 2024)

Per NAR in August 2024: NAR has long promoted written buyer agreements because they benefit consumers by clearly and transparently outlining the services a real estate professional will provide and how they are compensated. Currently, 27 states have enacted laws on written buyer agreements, with a significant number of these states passing legislation related to… Continue Reading NAR Updated Buyer Agency States Count at 27