Legal FAQs

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

https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/an-ethical-catch-22 Posted by: Byron King on 01/03/24 (This information is only accurate as of 01/03/24. You must contact SCR for updates and changes to this information after 01/03/24 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 Inexperienced in a Type of Real Estate (How to Get Into Commercial, Land, Property Management)

IMMUNITY INSURANCE INDEMNIFICATION The State of South Carolina encourages people to volunteer their time and expertise to serve on association boards (e.g., non profit trade association boards) by providing statutory immunity from being named as a defendant in a lawsuit. NAR, SCR, and local associations want volunteers and provide insurance and indemnification. The SCR legal… Continue Reading How Volunteers, Officers, Directors, Protected While Doing Association Work

https://www.nar.realtor/legal-case-summaries/broker-granted-second-chance-to-show-full-consent-to-dual-agency Posted by: Byron King on 01/02/24 (This information is only accurate as of 01/02/24. You must contact SCR for updates and changes to this information after 01/02/24 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 Commercial Real Estate $750K lease commission, Washington DC, Disclosing Dual Agency

SCR excerpt from long office policy draft at screaltors.org legal. https://screaltors.org/legal/ SOCIAL MEDIA POLICY Social media is a powerful and effective communication and engagement tool and the Company encourages Associates to utilize social media to help raise awareness of the Company’s business in their communities with their consumers. Always be professional and ethical when engaging… Continue Reading SCR Long Office Policy Draft – Excerpt on Social Media Policy