Legal FAQs

LLR SCREC on Alternative Name and CE Exemption Issues

2022-05-31T13:17:57-05:00May 31st, 2022|Legal FAQs|

Reports are this email went to SC licensees on May 27, 2022: This communication is to notify SC Real Estate Licensees of two important updates: alternative name registration and a full exemption from continuing education requirements for salespersons and brokers that meet certain criteria. Alternative Name Registration First, if you would like to identify yourself… Continue Reading LLR SCREC on Alternative Name and CE Exemption Issues

NAR on Federal Safe Harbor for Your Website Against Copyright

2022-05-31T08:19:47-05:00May 31st, 2022|Legal FAQs|

https://www.nar.realtor/videos/window-to-the-law/protect-your-website-from-copyright-liability Posted by: Byron King on 05/31/22 (This information is only accurate as of 05/31/22. You must contact SCR for updates and changes to this information after 05/31/22 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… Continue Reading NAR on Federal Safe Harbor for Your Website Against Copyright

NAR on Oregon’s Love Letter Ban Statute Being Struck Down

2022-05-24T16:24:33-05:00May 24th, 2022|Legal FAQs|

An interesting article from NAR on love letters. While the Oregon statute does not impact SC, this NAR article is an interesting read. https://www.nar.realtor/legal-case-summaries/oregon-ban-on-love-letters-deemed-unconstitutional While love letters are not banned in SC, love letters can create fair housing risks when they reveal protected fair housing classifications. Love letters solely focusing on business issues create less… Continue Reading NAR on Oregon’s Love Letter Ban Statute Being Struck Down

NAR on Document Retention

2022-05-24T10:48:14-05:00May 24th, 2022|Legal FAQs|

https://www.nar.realtor/videos/window-to-the-law/managing-business-records-efficiently Posted by: Byron King on 05/24/22 (This information is only accurate as of 05/24/22. You must contact SCR for updates and changes to this information after 05/24/22 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… Continue Reading NAR on Document Retention

Fake Rental Scams Strike SC Again

2022-05-23T13:00:59-05:00May 23rd, 2022|Legal FAQs|

If you have listings, your listings are at risk from overseas organized crooks using the listing information on the internet to create fake rental ads on Facebook, Craigslist, others and stealing money from potential tenants. Defenses: Post "NOT FOR RENT" signs at the listing and in the photos. Create Google Alerts for all your listings'… Continue Reading Fake Rental Scams Strike SC Again

Top Ten Broker Risk Management/Reduction

2022-05-17T14:26:06-05:00May 17th, 2022|Legal FAQs|

https://www.nar.realtor/legal/hot-topics-for-brokers 10. Antitrust Issues 9. Clear Cooperation Policy MLS 8. COVID 7. Phone and Text Soliciting (TCPA/DNC) Do Not Call Registries 6. Sight Impaired Website Access (ADA) 5. Fair Housing 4. Copyright Infringement 3. Multiple Offers 2. Cyber Crime 1. Competition in Real Estate Posted by: Byron King on 05/17/22 (This information is only accurate… Continue Reading Top Ten Broker Risk Management/Reduction

LLR New Seller Disclosure (aka SCR230, RPCDS) on July 1

2022-05-16T09:23:20-05:00May 16th, 2022|Legal FAQs|

https://llr.sc.gov/re/RECPDF/RECNews-May2022.pdf Buyers need to look offsite at conditions including agricultural uses (e.g., farms, timber, pig farms, poultry farms, cattle). Posted by: Byron King on 05/16/22 (This information is only accurate as of 05/16/22. You must contact SCR for updates and changes to this information after 05/16/22 as laws and regulations may change over time. SCR… Continue Reading LLR New Seller Disclosure (aka SCR230, RPCDS) on July 1

LLR SCREC Newlsetter on Wholesaling, House Flipping, Assignment

2022-05-14T12:19:16-05:00May 14th, 2022|Legal FAQs|

LLR SCREC newsletter on wholesaling (aka house flipping, assignment): LLR SCREC Newlsetter: https://llr.sc.gov/re/RECPDF/RECNews-May2022.pdf Posted by: Byron King on 05/14/22 (This information is only accurate as of 05/14/22. You must contact SCR for updates and changes to this information after 05/14/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org… Continue Reading LLR SCREC Newlsetter on Wholesaling, House Flipping, Assignment

NAR Data Security and Privacy Toolkit – Updated

2022-05-11T17:58:08-05:00May 11th, 2022|Legal FAQs|

NAR Data Security and Privacy Toolkit - Updated We just wanted to make you aware that the NAR Data Security and Privacy Toolkit was just updated, and is now available for anyone to download at nar.realtor. The Toolkit was updated to reflect changes in the law, and to align with current governmental guidance and industry… Continue Reading NAR Data Security and Privacy Toolkit – Updated

NAR BOD Approves Changes to Professional Standards

2022-05-10T11:00:05-05:00May 10th, 2022|Legal FAQs|

https://www.nar.realtor/breaking-news/special-report-from-the-may-6-2022-board-of-directors-meeting Posted by: Byron King on 05/10/22 (This information is only accurate as of 05/10/22. You must contact SCR for updates and changes to this information after 05/10/22 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… Continue Reading NAR BOD Approves Changes to Professional Standards

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