Legal FAQs

https://www.inman.com/2023/08/18/freedom-mortgage-to-pay-1-75m-to-settle-agent-kickback-scheme/ Posted by: Byron King on 08/21/23 (This information is only accurate as of 08/21/23. You must contact SCR for updates and changes to this information after 08/21/23 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 $200K, $1.75M fines, RESPA, Feds CFPB, lender-brokerage marketing agreements risky

https://www.thestate.com/news/state/south-carolina/article278274938.html Posted by: Byron King on 08/17/23 (This information is only accurate as of 08/17/23. You must contact SCR for updates and changes to this information after 08/17/23 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 Pet Cemetery, Can You Bury Animals on Your Property?

Defending Brokerages Against Ransomware Attacks In today's digital age, the real estate industry relies heavily on technology to conduct business operations. Brokerages often handle sensitive financial data and transactions, making them ideal targets for cybercriminals. Ransomware is a form of cyber attack that can paralyze operations, compromise data, and result in significant financial losses. Ransomware… Continue Reading Ransomware! Beware!

https://law.justia.com/cases/north-carolina/court-of-appeals/2023/22-956.html Posted by: Byron King on 08/16/23 (This information is only accurate as of 08/16/23. You must contact SCR for updates and changes to this information after 08/16/23 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 NC Case – Written Contract Recommending Talk to Lawyer and Indemnify Broker Helps Broker Defendant

Arkansas Alaska Georgia Idaho Maryland Minnesota Missouri Nebraska New Hampshire North Carolina North Dakota Pennsylvania South Carolina Utah Vermont Virginia Washington Wisconsin Posted by: Byron King on 12/14/23 (This information is only accurate as of 12/14/23. You must contact SCR for updates and changes to this information after 12/15/23 as laws and regulations may change… Continue Reading NAR:  18 states require written buyer agency agreements

https://action.wra.org/2023/04/24/removing-barriers-to-create-more-housing/ Posted by: Byron King on 08/16/23 (This information is only accurate as of 08/16/23. You must contact SCR for updates and changes to this information after 08/16/23 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 Housing Supply? Commercial Real Estate Conversion to Housing?

https://www.nar.realtor/legal-case-summaries/tenant-granted-judgment-over-landlord-in-burst-pipe-case Posted by: Byron King on 08/16/23 (This information is only accurate as of 08/16/23. You must contact SCR for updates and changes to this information after 08/16/23 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 Property Management – NAR Case – Burst Pipe

https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius Posted by: Byron King on 08/16/23 (This information is only accurate as of 08/16/23. You must contact SCR for updates and changes to this information after 08/16/23 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 Federal Office Protecting Land Deals Near USA Military Bases

SECTION 12-54-124. Transfer of business assets; tax liens; suspension of business license; certificate of compliance. In the case of the transfer of a majority of the assets of a business, other than cash, whether through sale, gift, devise, inheritance, liquidation, distribution, merger, consolidation, corporate reorganization, lease or otherwise, any tax generated by the business which… Continue Reading LLC Income Property Seller, Why Closing Attorney Asks Majority of Business Assets?

11. Earnest money 10. TIE = Compensation, Property Management, Disclosure 9. MLS 8. Agency 7. Advertising 6. Ethics/Arbitration/Mediation aka Professional Standards aka Professionalism 5. License law 4. Due diligence 3. Other (e.g., scams, safety, professionalism, death, closing issues, breach) 2. Forms 1. State law Posted by: Byron King on 08/14/23 (This information is only accurate… Continue Reading Top Ten Hotlines July 2023 +1