SCR310 requires payment of United States of America Dollars as Good Funds. So, buyers who want to use cryptocurrency can convert their cryptocurrency into U.S. Dollars pre-offer (best to handle any anticipated and unanticipated delays in converting cryptocurrency to U.S. Dollars as well as any cryptocurrency depreciation) or during the due diligence period. Sellers who… Continue Reading Crytocurrency and SCR Standard Form (SCR310 Contract)
https://www.nar.realtor/videos/window-to-the-law/cryptocurrency-best-practices Posted by: Byron King on 08/14/23 (This information is only accurate as of 08/14/23. You must contact SCR for updates and changes to this information after 08/14/23 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 Legal on Cryptocurrency
Some risk management for death that occurred in a listed property: Some buyers will not care about the death. Some buyers will care about the death and might walk even last minute before closing upon learning about the death, and the buyers will eventually learn about the death (e.g., the neighbors tell, the death is… Continue Reading Death in a Listing – Past, Present
A listing agent who gets an email "out of the blue" from a geographically distant owner claiming to want to sell has some risk management strategies. 1. Be suspicious when you get a listing falling into your lap without the distant owner explaining how they contacted the REALTOR® (e.g., "Hey, my friend and neighbor sold… Continue Reading Vacant Land Sales Scams – Risk Management
https://www.wsj.com/articles/celebrity-houses-famous-homes-6ba91102?mod=hp_featst_pos5 Posted by: Byron King on 08/07/23 (This information is only accurate as of 08/07/23. You must contact SCR for updates and changes to this information after 08/07/23 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 Brady Bunch House Set to Sell, Big Chill House, Etc.
https://www.kxan.com/news/local/austin/court-rules-austin-short-term-rental-ban-unconstitutional/ Posted by: Byron King on 08/07/23 (This information is only accurate as of 08/07/23. You must contact SCR for updates and changes to this information after 08/07/23 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 Fed Ct Strikes Austin TX STR Ban
https://www.wbtw.com/news/grand-strand/horry-county/naked-man-making-facetime-calls-to-grand-strand-realtors-horry-county-police-report-says/ Posted by: Byron King on 08/07/23 (This information is only accurate as of 08/07/23. You must contact SCR for updates and changes to this information after 08/07/23 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 Safety Alert: Naked Man on Facetime
New Rule Requires Accessible Restroom on Single-Aisle Aircraft Delivered After 2035 On the 33rd anniversary of the Americans with Disabilities Act, the Department of Transportation finalized a rule requiring airlines have an accessible restroom on all single-aisle aircraft, the type used for 86% of U.S. domestic flights. The new regulations also mandate onboard aisle chairs… Continue Reading ADA News
https://www.nar.realtor/ae/aexperience/antitrust-for-associations Posted by: Byron King on 08/01/23 (This information is only accurate as of 08/01/23. You must contact SCR for updates and changes to this information after 08/01/23 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 Antitrust for Associations (NAR info)
Contracts and the laws impacting contracting impact all aspects of our modern lives. Contract laws have evolved from the King of England relying on feudal relationships and ignoring voluntary contracts to improving as England became a trading leader. Early traders relied on their own courts, Church courts, and lower courts. As the ideas of freedom… Continue Reading Freedom of Contract