Legal FAQs

https://www.bleepingcomputer.com/news/security/loandepot-says-ransomware-gang-stole-data-of-166-million-people/ Posted by: Byron King on 01/22/24 (This information is only accurate as of 01/22/24. You must contact SCR for updates and changes to this information after 01/22/24 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… Continue Reading Data Privacy/Security News – Stay Tuned for the Jan 24 SCR Legal Podcast

12-13-2023 - Opinions 6038 - Portrait Homes v. Pennsylvania National Mutual This very complicated case concerns insurance coverage under commercial general-liability insurance policies, including claims of bad faith, arising out of underlying construction defect lawsuits when Penn National Mutual Casualty Insurance Company asserts its insured, a subcontractor, did not notify it of the lawsuits and… Continue Reading SC Ct Appeals on New Construction

6044 - Susan Brooks Knott Floyd v. Elizabeth Pope Knott Dross In this declaratory judgment action, Appellant Elizabeth Pope Knott Dross (Betsy) seeks review of the circuit court's order granting partial summary judgment to Respondent Susan Brooks Knott Floyd (Susan). Betsy argues the circuit court erred by concluding that Susan had an express easement over… Continue Reading SC Ct Appeals on Easements

https://www.sccourts.org/opinions/HTMLFiles/COA/6043.pdf Posted by: Byron King on 01/18/24 (This information is only accurate as of 01/18/24. You must contact SCR for updates and changes to this information after 01/18/24 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… Continue Reading SC Ct Appeals – DeBordieu

https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/how-brokers-can-preserve-independent-contractor-status?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=C4AD366B-0C3A-4165-BA1D-0137D2AD270F Posted by: Byron King on 01/18/24 (This information is only accurate as of 01/18/24. You must contact SCR for updates and changes to this information after 01/18/24 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… Continue Reading NAR on Maintaining Independent Contractors Status re Associated Licensee

NAR Acronyms ABR® Accredited Buyer Representative®, an NAR designation offered by REBAC for real estate buyer agents ADF Applicant Data Form, used to submit qualifications for RCE designation AE Association Executive, applies to all staff at a REALTOR® association (including the chief staff executive and staff specialists) AEC Association Executives Committee, an NAR committee comprised… Continue Reading Some Common NAR Acronyms, Jargon

https://tsc-gis-wp1.schneidercorp.com/pickens/wp-content/uploads/sites/55/2022/01/25-Exemption-for-6-ATI-Conveyances-2024-11-7-23-1.pdf Posted by: Byron King on 01/17/24 (This information is only accurate as of 01/17/24. You must contact SCR for updates and changes to this information after 01/17/24 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… Continue Reading 6% owners ATI 25% FMV discount form 2024 before January 31 Pickens County

Sexual harassment falls under the NAR Code of ethics Standard of Practice 10-5 (sex) too. • Standard of Practice 10-5 REALTORS® must not use harassing speech, hate speech, epithets, or slurs based on race, color, religion, sex, disability, familial status, national origin, sexual orientation, or gender identity. (Adopted and effective November 13, 2020, Amended 1/23)… Continue Reading SCR, NAR Code of Ethics 10-5 harassment, sexual harassment

All members of the National Association of REALTORS® are required to complete at least 2.5 hours of an approved Code of Ethics training within a three-year cycle. The current three-year cycle began January 1, 2022. This REALTOR® membership requirement must be satisfied by December 31, 2024 SCR mediators, SCR professional standards committee members, and SCR… Continue Reading SCR Professional Standards Classes: Complete Training in 2024

ALERT: Remind your 2023's 6% buyers to file their potential ATI tax-break/exemption/discount filing before January 31st! https://screaltors.org/potential-tax-break-for-6-property-owners-investors-file-in-januarys/ Some counties have online filing for ATI before January 31. https://www6.richlandcountysc.gov/AssessorApps/ATIExemption/Home https://www.yorkcountygov.com/DocumentCenter/View/80/ATI-Exemption---6-Real-Property-PDF Posted by: Byron King on 01/04/24 (This information is only accurate as of 01/04/24. You must contact SCR for updates and changes to this information after… Continue Reading 6% buyers file ATI potential tax-break/exemption/discount before January 31