Legal FAQs

NAR Video on Fair Housing Risks of LOVE LETTERS

2021-08-31T09:10:56-05:00August 31st, 2021|Legal FAQs|

https://www.nar.realtor/window-to-the-law/video-best-practices-for-buyer-love-letters Posted by: Byron King on 8/31/21 (This information is only accurate as of 8/31/21. You must contact SCR for updates and changes to this information after 8/31/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

NAR Right Tools Right Now – Member Discounts and Free Items (Last Day)

2021-08-31T08:57:42-05:00August 31st, 2021|Legal FAQs|

NAR's right tools right now is providing two items to members for free in August: The Little Green Book for REALTOR® digital book for FREE in August ($19.95 retail value). https://store.realtor/the-little-green-book-green-rules-to-live-by-for-realtors-download/#rtrn2021 Six things you didn't know about green appraisals for FREE in August ($29.95 retail value). https://store.realtor/six-things-you-didnt-know-about-green-appraisals-webinar-download/#rtrn2021 Other NAR Right Tools Right Now discounts https://www.nar.realtor/right-tools-right-now [...]

Dams and HOA and DHEC and Risks and Money and Water

2021-08-30T13:26:04-05:00August 30th, 2021|Legal FAQs|

If you have a buyer or seller or landlord or tenant involved with a property transaction involving a dam and the related body of water, recommend they obtain legal counsel and dam/flood counsel and insurance counsel asap. Contact the SCR legal hotline. Recommend parties investigate all dam issues either prior to contract or during due [...]

Texas Courts Uphold Short Term Rental Ban

2021-08-26T11:03:52-05:00August 26th, 2021|Legal FAQs|

https://www.leagle.com/decision/intxco20210716529 Posted by: Byron King on 8/26/21 (This information is only accurate as of 8/26/21. You must contact SCR for updates and changes to this information after 8/26/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

Eviction Moratorium at US Supreme Court this Week?

2021-08-23T14:05:25-05:00August 23rd, 2021|Legal FAQs|

The U.S. Court of Appeals for the District of Columbia Circuit filed an order on August 20 rejecting an emergency motion by the Alabama Association of Realtors to halt the Biden administration’s new eviction moratorium. The same court had denied a previous motion by the group on June 2, prior to the new moratorium declared [...]

Top Ten Hotlines July 2021

2021-08-23T09:26:24-05:00August 23rd, 2021|Legal FAQs|

10. How to put a residential listing back on the market when a deal fails and the parties chose not to use due diligence so repair procedure disputes, etc. create the need to recommend all parties obtain legal counsel. Once warned, follow the seller direction. Next deal can be modified to allow the seller to [...]

Posting Photos of People

2021-08-19T15:42:45-05:00August 19th, 2021|Legal FAQs|

Hotline has heard reports of buyers upset with their buyer agent for taking a selfie with them while presenting the keys to their new home or putting the sold sign in the yard together and then using that photo in marketing (e.g., social media posts). It cannot hurt to get permission. It cannot hurt to [...]

HUD says Long COVID is a Disability

2021-08-19T15:35:31-05:00August 19th, 2021|Legal FAQs|

https://www.ada.gov/long_covid_joint_guidance.pdf Posted by: Byron King on 8/19/21 (This information is only accurate as of 8/19/21. You must contact SCR for updates and changes to this information after 8/19/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

Put This Sentence On All BPO, CMA, RPR, ETC

2021-08-17T13:44:27-05:00August 17th, 2021|Legal FAQs|

This market analysis may not be used for the purposes of obtaining financing in a federally related transaction. This can help exempt your report from being considered an appraisal by the LLR Appraisers Board resulting in your prosecution for performing an appraisal without a SC appraisers license. Never refer to your reports as appraisals. Safest [...]

Ethics Case 7-1. You Decide!

2021-08-17T10:17:50-05:00August 17th, 2021|Legal FAQs|

Case #7-1: Acceptance of Compensation from Buyer and Seller Article 7 (Case Interpretations for Article 7) In a transaction, REALTORS® shall not accept compensation from more than one party, even if permitted by law, without disclosure to all parties and the informed consent of the REALTOR®’s client or clients. (Amended 1/93) [listen] Buyer A engaged [...]

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