Legal FAQs

Political Rights in SC

2024-04-26T09:23:55-05:00April 26th, 2024|Legal FAQs|

SECTION 16-17-560. Assault or intimidation on account of political opinions or exercise of civil rights. It is unlawful for a person to assault or intimidate a citizen, discharge a citizen from employment or occupation, or eject a citizen from a rented house, land, or other property because of political opinions or the exercise of political… Continue Reading Political Rights in SC

FTC on Non Compete Agreements

2024-04-26T09:06:01-05:00April 26th, 2024|Legal FAQs|

https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading FTC on Non Compete Agreements

NAR and SCR Antitrust Videos

2024-04-25T07:53:59-05:00April 25th, 2024|Legal FAQs|

https://www.youtube.com/watch?v=GDlWzqrT8iU https://www.nar.realtor/videos/window-to-the-law/antitrust-for-real-estate-professionals https://www.nar.realtor/videos/risk-management-webinar-series/antitrust-for-associations The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of… Continue Reading NAR and SCR Antitrust Videos

NAR Working on VA

2024-04-25T07:40:07-05:00April 25th, 2024|Legal FAQs|

https://narfocus.com/billdatabase/clientfiles/172/3/4849.pdf The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading NAR Working on VA

FHA OK Seller Paid Buyer’s Transaction Costs

2024-04-25T07:38:49-05:00April 25th, 2024|Legal FAQs|

https://www.hud.gov/sites/dfiles/SFH/documents/SFH_FHA_INFO_2024-12.pdf The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading FHA OK Seller Paid Buyer’s Transaction Costs

June 18, 2024 MLS Settlement Deadline

2024-04-24T11:08:18-05:00April 24th, 2024|Legal FAQs|

https://cdn.nar.realtor/sites/default/files/documents/appendix-b-mls-opt-in-agreement-2024-04-19.pdf?_gl=1*jfsc75*_gcl_aw*R0NMLjE3MTA3OTI0MzkuQ2p3S0NBand6Ti12QmhBa0Vpd0FZaU83b0tHQWFjbXYzVnY0OTVqMzhqTldrc0VuZ2dlS0RzVHc1ZDF5bXZWYW1iX2VGczI2cWMtNlZCb0NFeE1RQXZEX0J3RQ..*_gcl_au*ODY1MjUwNjcuMTcwODk1MzA3NA.. Opt-In Agreement Forms - Appendix B - REALTOR® MLSs - Form (PDF) - Appendix B - REALTOR® MLSs - Instructions (PDF) https://www.nar.realtor/the-facts https://cdn.nar.realtor/sites/default/files/documents/nar-settlement-overview-slides.pdf?_gl=1*1vtzvc9*_gcl_aw*R0NMLjE3MTA3OTI0MzkuQ2p3S0NBand6Ti12QmhBa0Vpd0FZaU83b0tHQWFjbXYzVnY0OTVqMzhqTldrc0VuZ2dlS0RzVHc1ZDF5bXZWYW1iX2VGczI2cWMtNlZCb0NFeE1RQXZEX0J3RQ..*_gcl_au*ODY1MjUwNjcuMTcwODk1MzA3NA.. https://cdn.nar.realtor/sites/default/files/documents/nar-settlement-timeline-2024-04-23.pdf?_gl=1*c5d2qd*_gcl_aw*R0NMLjE3MTA3OTI0MzkuQ2p3S0NBand6Ti12QmhBa0Vpd0FZaU83b0tHQWFjbXYzVnY0OTVqMzhqTldrc0VuZ2dlS0RzVHc1ZDF5bXZWYW1iX2VGczI2cWMtNlZCb0NFeE1RQXZEX0J3RQ..*_gcl_au*ODY1MjUwNjcuMTcwODk1MzA3NA.. The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term… Continue Reading June 18, 2024 MLS Settlement Deadline

Breaking News: Inman

2024-04-23T11:10:42-05:00April 23rd, 2024|Legal FAQs|

Sitzer judge grants preliminary approval for NAR settlement Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were “fair, reasonable and adequate,” and set a final approval hearing for November. https://www.inman.com/2024/04/23/sitzer-judge-grants-preliminary-approval-for-nar-settlement/?utm_source=newsflash&utm_medium=email&utm_campaign=newsflash&utm_content=1025536_readmore_0_19700101&message_id=35132351.78736 The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of… Continue Reading Breaking News: Inman

SC Lawsuit Update

2024-04-23T10:37:14-05:00April 23rd, 2024|Legal FAQs|

South Carolina Lawsuit Update As you may know, since the jury verdict in the Sitzer-Burnett case in Missouri, dozens of new lawsuits were filed all across the country, including one commission lawsuit in South Carolina in November last year. The NAR legal team often refers to these lawsuits occurring across the country as "copycat lawsuits"… Continue Reading SC Lawsuit Update

NAR Safe Showings Form

2024-04-18T13:51:16-05:00April 18th, 2024|Legal FAQs|

https://cdn.nar.realtor/sites/default/files/documents/nar_realtor_safety_safe_listings_form_2023_06_26.pdf The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading NAR Safe Showings Form

NAR Helps with Fannie & Freddie Issue

2024-04-16T13:59:49-05:00April 16th, 2024|Legal FAQs|

Following NAR input, buyer agent commissions not counted among IPC limits The National Association of REALTORS® influenced a significant clarification from Fannie Mae and Freddie Mac, with the entities confirming that buyer's agent commissions will not count as part of the interested party contributions limits. This guidance follows a nationwide settlement facilitated by NAR concerning… Continue Reading NAR Helps with Fannie & Freddie Issue

Go to Top