Legal FAQs

LLR

2022-08-18T08:53:40-05:00August 18th, 2022|Legal FAQs|

Summary: LLR suspended a BIC's license and fined and probation as discipline for several complaints from the public regarding: Not executing certain required documents and not providing copies of certain documents. Operating on verbal agreements. Not cooperating with LLR investigations. Making false statements to LLR investigations. Significant and allegedly suspicious handling of large amounts of [...]

How to File SCR LLR Complaints

2022-08-17T09:32:45-05:00August 17th, 2022|Legal FAQs|

SCR LLR https://llr.sc.gov/re/complaint.aspx#:~:text=A%20complaint%20against%20a%20licensee,uploaded%20along%20with%20the%20complaint. https://screaltors.org/fileacomplaint/ Posted by: Byron King on 08/17/22 (This information is only accurate as of 08/17/22. You must contact SCR for updates and changes to this information after 08/17/22 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 [...]

REALTOR(R) Safety: Creep Phone Calls

2022-08-16T12:05:11-05:00August 16th, 2022|Legal FAQs|

Beware strange phone calls, emails, texts, etc. Keep your brokerage, team, association, and law enforcement in the know about strange or creepy phone calls. Use good judgment about meeting and working with callers who make strange statements on the call (e.g., what are you wearing, are you at home, meet me alone at a listing, [...]

NAR on RESPA: Referral Fees – When legal? When Illegal?

2022-08-12T09:39:18-05:00August 12th, 2022|Legal FAQs|

https://www.nar.realtor/videos/window-to-the-law/overview-of-respa-for-real-estate-professionals Posted by: Byron King on 08/12/22 (This information is only accurate as of 08/12/22. You must contact SCR for updates and changes to this information after 08/12/22 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 [...]

Beware WIRE FRAUD! Wiring Instructions? Be Alert!

2022-08-10T13:39:41-05:00August 10th, 2022|Legal FAQs|

Beware Wire Fraud! Educate everyone with this SCR wire fraud video and form: https://screaltors.org/wp-content/uploads/Forms/610.pdf https://www.youtube.com/watch?v=2nQLCom9U8c Secure your email systems. Two method authentication. Avoid power of attorney. Avoid providing or couriering wiring instruction. Call SCR for WIRE FRAUD training. WARNING: FBI warns that this is a multi-billion dollar international organized crime strategy. Posted by: Byron King [...]

If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller.

2022-08-08T14:48:47-05:00August 8th, 2022|Legal FAQs|

If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller. Posted by: Byron King on 08/08/22 (This information is only accurate as of 08/08/22. You must contact SCR for updates and changes to this information after [...]

E-Contracting, Emails, Texts, Apps, Fax (Model e-signature)

2022-08-05T10:48:12-05:00August 5th, 2022|Legal FAQs|

EMAIL CONTRACT WARNING: This real estate licensee does not have actual authority and does not have apparent authority to bind their client or customer in any legal agreement or create an offer or create a counteroffer or acceptance of any offer/counteroffer. This email does not create an agreement, contract, offer, counteroffer, acceptance, amendment, addendum except [...]

Do Not Telephone Poach Other People’s Listings

2022-08-04T13:14:37-05:00August 4th, 2022|Legal FAQs|

NEVER TRY TO TELEPHONE POACH OTHER PEOPLE'S LISTINGS (NAR Code of Ethics and Federal Do Not Call laws and potentially lawsuits and SC license laws). Article 16 Realtors® shall not engage in any practice or take any action inconsistent with exclusive representation or exclusive brokerage relationship agreements that other Realtors® have with clients. (Amended 1/04) [...]

Fair Housing – Tenant – Gas Grill

2022-08-04T08:13:03-05:00August 4th, 2022|Legal FAQs|

An apartment complex tenant (not in SC) with mobility issues sued the landlord for fair housing violations. The apartment complex had a grill but required walking to the pool and grill area. Tenants wanted a grill on their patio. Landlord denied. Court denied. Call the hotline if this issue arises in SC. Takeaway = reasonable [...]

NAR’s Top Ten Broker Legal Risks

2022-07-21T08:24:10-05:00July 21st, 2022|Legal FAQs|

https://www.nar.realtor/legal/hot-topics-for-brokers Posted by: Byron King on 07/21/22 (This information is only accurate as of 07/21/22. You must contact SCR for updates and changes to this information after 07/21/22 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 [...]

Go to Top