Legal FAQs

Top Ten Hotlines February 2025 (14 or 17 total)

2025-03-12T15:26:54-05:00March 12th, 2025|Legal FAQs|

1. Forms 2. Other 3. License Laws 4. Professionalism, Professional Standards, Ethics, Arbitration 5. Advertising 6. Disclosure 7. Due Diligence 8. Property Management 9. Compensation 10. Settlement 11. BIC Office/Management 12. Earnest Money and MLS Issues 13. Clear Cooperation Policy MLS and Fair Housing and State Laws 14. Appraisal This information is only accurate as… Continue Reading Top Ten Hotlines February 2025 (14 or 17 total)

NAR Federal Priorties, FlyIn.REALTOR

2025-03-12T12:12:50-05:00March 12th, 2025|Legal FAQs|

https://www.nar.realtor/advocacy/federal-advocacy/nar-legislative-priorities This information is only accurate as of 3/12/25. You must contact SCR for updates and changes to this information after 3/12/25 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 Federal Priorties, FlyIn.REALTOR

NAR Insurance Accomplishments 2015-2024

2025-03-10T11:52:59-05:00March 10th, 2025|Legal FAQs|

https://files.constantcontact.com/79989166be/bd0d487d-f987-4dc7-882e-a3189726576e.pdf This information is only accurate as of 3/10/25. You must contact SCR for updates and changes to this information after 3/10/25 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 Insurance Accomplishments 2015-2024

Listing Agents Always Properly Respond to Offers

2025-03-07T14:54:27-05:00March 7th, 2025|Legal FAQs|

Listing agents must always properly respond to all offers in writing/ewriting. Proper responses can include: Seller acceptance Seller counter offer Seller rejection Seller rejection with an invitation for all competing buyers to submit their highest and best terms offer by a deadline for the seller to consider All seller rejections require properly using the LLR… Continue Reading Listing Agents Always Properly Respond to Offers

NAR Consumer Guide, Seller Disclosures

2025-03-06T12:02:33-05:00March 6th, 2025|Legal FAQs|

https://www.nar.realtor/the-facts/consumer-guide-seller-disclosures FYI - few buyers sue sellers and agents for over disclosure of issues. The SC state government's seller disclosure form aka SCR230 aka LLR SCRPCDS has statutory and case law protections for sellers and buyers and agents when handled properly. The SCRPCDS is designed for residential properties and contains questions and issues commonly found… Continue Reading NAR Consumer Guide, Seller Disclosures

Hottest Hot Topics for Brokers, BIC’s from NAR

2025-03-05T10:35:36-05:00March 5th, 2025|Legal FAQs|

https://www.nar.realtor/legal/hot-topics-for-brokers This information is only accurate as of 3/5/25. You must contact SCR for updates and changes to this information after 3/5/25 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 Hottest Hot Topics for Brokers, BIC’s from NAR

NAR HR Hotline

2025-03-05T10:16:28-05:00March 5th, 2025|Legal FAQs|

https://www.nar.realtor/legal/nar-insurance-program/employment-practices-legal-hotline This information is only accurate as of 3/5/25. You must contact SCR for updates and changes to this information after 3/5/25 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 HR Hotline

NAR on CTA FinCEN BOI, no enforcement news 3/21/25, new deadlines coming

2025-03-04T09:30:15-05:00March 4th, 2025|Legal FAQs|

The Treasury Department and Financial Crimes Enforcement Network (FinCEN) recently announced that it will suspend enforcement actions related to compliance with the Corporate Transparency Act at this time. FinCEN nor Treasury will take any action against reporting companies and owners for failure to file any Beneficial Ownership Information (BOI) reports by March 21, 2025. FinCEN… Continue Reading NAR on CTA FinCEN BOI, no enforcement news 3/21/25, new deadlines coming

NAR Washington Report News on CTA, FinCEN, BOI, no fines/penalties USA

2025-03-03T10:42:59-05:00March 3rd, 2025|Legal FAQs|

https://www.nar.realtor/washington-report/fincen-update-regarding-a-new-interim-rule-lack-of-enforcement This information is only accurate as of 3/3/25. You must contact SCR for updates and changes to this information after 3/3/25 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 Washington Report News on CTA, FinCEN, BOI, no fines/penalties USA

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