Legal FAQs

FEMA Grants – Earthquake Hazards Reduction Program

2022-05-02T10:56:23-05:00May 2nd, 2022|Legal FAQs|

The Fiscal Year 2022 Notice of Funding Opportunity (NOFO) for the FEMA National Earthquake Hazards Reduction Program (NEHRP), Individual State Earthquake Assistance (ISEA) and Multi-State and National Earthquake Assistance (MSNEA) grants are now on www.grants.gov. In addition to detailing eligibility and submission requirements, these funding opportunities provide a program overview including objectives, priorities and allowable [...]

SCR310 Due Diligence Video (broadcast 4/28/2022)

2022-04-28T15:47:58-05:00April 28th, 2022|Legal FAQs|

https://www.youtube.com/watch?v=af6wfWlkcbw The SCR forms update is currently scheduled for June 13, 2022. Posted by: Byron King on 04/28/22 (This information is only accurate as of 04/28/22. You must contact SCR for updates and changes to this information after 04/28/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or [...]

Check Your LLR CE Issues

2022-04-18T14:35:45-05:00April 18th, 2022|Legal FAQs|

Here is the LLR CE page: https://llr.sc.gov/re/ce.aspx From a link on that LLR page, members can create their log in for CE Broker. LLR contracts with CE Broker so the member can log in and check their CE issues: https://launchpad.cebroker.com/ Other CE questions, contact LLR SCREC at 803-896-4400. Posted by: Byron King on 04/18/22 (This [...]

Fair Housing News in Fair Housing Month of April

2022-04-12T08:28:53-05:00April 12th, 2022|Legal FAQs|

https://www.hud.gov/press/press_releases_media_advisories/hud_no_22_060 https://www.justice.gov/opa/pr/justice-department-alleges-disability-discrimination-amended-lawsuit-concerning-design-and HUD No. 22-060 HUD Public Affairs (202) 708-0685 FOR RELEASE Tuesday April 5, 2022 HUD MAKES ADDITIONAL $3.3 MILLION IN AMERICAN RESCUE PLAN FUNDS AVAILABLE TO FIGHT HOUSING DISCRIMINATION RELATED TO THE CORONAVIRUS PANDEMIC WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced on Tuesday that it is making an [...]

NAR Appraisal News

2022-04-11T12:39:58-05:00April 11th, 2022|Legal FAQs|

FANNIE MAE ADOPTS APPRAISAL STANDARD FOR SQUARE FOOTAGEAppraisers will be required to use a new Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject properties for appraisals requiring interior and exterior inspections with effective dates of April 1, 2022 or later on loans sold to Fannie Mae. Historically, [...]

Supreme Court and Floorplans

2022-04-07T13:53:37-05:00April 7th, 2022|Legal FAQs|

https://magazine.realtor/daily-news/2022/04/07/nar-urges-supreme-court-review-on-protection-for-use-of-floor-plans?AdobeAnalytics=ed_rid%3D56072%26om_mid%3D6540%7CRealtorMagNews_2022_04_07%26om_ntype%3DREALTOR%20MAG%20NEWS Posted by: Byron King on 04/07/22 (This information is only accurate as of 04/07/22. You must contact SCR for updates and changes to this information after 04/07/22 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 [...]

An Offer and Multiple Offers and Possibly Highest and Best Terms Offer Procedures

2022-04-07T08:24:19-05:00April 7th, 2022|Legal FAQs|

Generally, the residential resale seller decides on issues such as timely and properly rejecting offers (SCR314), accepting an offer, counter offering an offer, communicating and utilizing highest and best terms offer procedures, not utilizing highest and best terms offer procedures, communicating information, complying with fair housing laws. In general and for fair housing reasons, a [...]

NAR President’s Professionalism and Fair Housing Challenge!

2022-04-05T11:04:34-05:00April 5th, 2022|Legal FAQs|

https://www.nar.realtor/national-leadership/presidents-challenge As NAR continues to strengthen its commitment to fair housing in the real estate industry, 2022 President Leslie Rouda Smith is asking that our appointed and elected leaders in the association lead by example by completing the Fair Housing Challenge and the REALTORS® Commitment to Excellence program. Posted by: Byron King on 04/05/22 (This [...]

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