Legal FAQs

https://www.nar.realtor/legal-case-summaries/disclosure-suit-against-brokers-rejected-by-court Posted by: Byron King on 03/17/23 (This information is only accurate as of 03/17/23. You must contact SCR for updates and changes to this information after 03/17/23 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 Buyer Agent Sued in Disclosure Issues, Court Rules in Agent’s Favor, Takeaways

https://www.facebook.com/watch/live/?ref=watch_permalink&v=213934807111359 Posted by: Byron King on 03/17/23 (This information is only accurate as of 03/17/23. You must contact SCR for updates and changes to this information after 03/17/23 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 NAR – Kate Lawton – Social Media Issues – Code of Ethics

https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/avoid-legal-snafus-around-canceled-contracts?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=8580A497-475F-4EC7-AB51-A5672128DE36 https://www.nar.realtor/videos/window-to-the-law/navigating-a-contract-termination Generally, no one likes when the hotline recommends that everyone hires their trial lawyers asap. So, SCR provides several ways to help avoid litigation (e.g., due diligence, contingencies, mediation, call the hotline before legal issues happen or deadlines are missed, training, education, forms, addenda, checkboxes, due diligence termination fee). Perhaps, use technology to… Continue Reading NAR: Your Contract Fails to Close, What Now? Settlement? Move on? Litigation?

https://www.nar.realtor/safety Posted by: Byron King on 03/15/23 (This information is only accurate as of 03/15/23. You must contact SCR for updates and changes to this information after 03/15/23 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 on Safety. FOREWARN Augments Your Safety Programs

The SCR attorneys have been discussing the benefits and risks of using FOREWARN. Everything has benefits and risks. First, the benefits. FOREWARN rapidly searches many public databases for public information on potential real estate consumers. FOREWARN information used in compliance with laws and rules can be an important part of your overall safety plan. https://www.nar.realtor/safety… Continue Reading FOREWARN Thoughts…

10. Scams (e.g., vacant land sale, wire fraud, rental scam with listings)...FOREWARN can help you to detect fake sellers, fake lawyers/paralegals, fake landlords and fake property managers. Google alerts for your name/brokerage/team and listing addresses can help detect fake landlords and property managers in the listing scrape rental scam and other issues. Contact the lawyers… Continue Reading Hotline Top Ten February 2023

https://landresellers.com/blog/how-to-avoid-land-selling-scams SCR offers FOREWARN for alternate contact for the deeded owner (e.g., phone, email, mail). The article mentions looking for the typical red flags (e.g., desire for quick discounted cash close) "too good to be true" aspect of scams and asking the potential scammer questions about the physical aspects of the land since many organized… Continue Reading Vacant Land Scams, Some Ways to Deter

IMPORTANT – COMPLIANCE: As a professionally licensed agent, you can use FOREWARN to verify the identity and potential risks associated with your business prospects. Please note that you must limit your FOREWARN searches to professional use only. FOREWARN is only to be used for verifying inbound prospects that have initiated the interaction, such as when… Continue Reading Risk Management – FOREWARN Compliance

https://llr.sc.gov/re/recpdf/Property-Condition-Disclosure-Statement-06.01.2023.pdf Posted by: Byron King on 03/09/23 (This information is only accurate as of 03/09/23. You must contact SCR for updates and changes to this information after 03/09/23 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 LLR SCREC Posts the Seller Disclosure (Effective 6/1/2023 Version)

All SCR members have access to FOREWARN. Try to find contact information on the owners/sellers. FOREWARN has names, addresses, emails, and phone numbers. HOA has contact information on the owners/seller. Perhaps neighbors have contact information on the owners/sellers. Tax records have mail addresses and names. Quickly contact the owners/sellers via other various lanes of communication… Continue Reading Fake Sellers Land Sales Scammers