Legal FAQs

Elevators – Inspect, Management, Risks

2021-06-01T09:48:46-05:00June 1st, 2021|Legal FAQs|

https://www.wect.com/2021/05/03/brunswick-county-families-sue-claiming-home-elevators-failed-causing-serious-injuries/ Posted by: Byron King on 6/01/21 (This information is only accurate as of 6/01/21. You must contact SCR for updates and changes to this information after 6/01/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

SURVEILLANCE – microphones/cameras

2021-06-01T08:23:52-05:00June 1st, 2021|Legal FAQs|

Always assume surveillance! Behave in listings. Limit verbal communications on listed property. Text confidential information such as how much the buyer would pay for the property or derogatory comments about the property or the sellers or listing agent rather than stating aloud where verbal communications might be listened to by the seller side. Sellers get [...]

Risk Management idea…Recommend Elevator/Dumbwaiter Inspections

2021-05-28T12:07:27-05:00May 28th, 2021|Legal FAQs|

SC Code exempt private elevators from annual inspections and requires of others. https://www.scstatehouse.gov/code/t41c016.php Risk management tip...consider recommending elevator/dumbwaiter inspections during SCR310 due diligence. A Pawleys Island couple who thought they bought a home with an elevator has been awarded $4.4 million by a jury that found the seller failed to disclose the feature actually was [...]

SC DHEC on RADON

2021-05-25T15:55:36-05:00May 25th, 2021|Legal FAQs|

https://scdhec.gov/environment/your-home/radon Posted by: Byron King on 5/25/21 (This information is only accurate as of 5/25/21. You must contact SCR for updates and changes to this information after 5/25/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

Top Ten HOTLINES (April 2021)

2021-05-24T16:09:41-05:00May 24th, 2021|Legal FAQs|

10. Team Issues 9. Vacation Rental Act Issues 8. Remarketing after a failed deal 7. Referral fees 6. Tax Issues 5. Earnest Money Issues 4. Ethics Issues 3. License Law Issues 2. Forms Issues 1. SC State Law Issues +700 Hotlines in April 2021. SCR provided ethics and forms classes via Zoom. Contact SCR legal [...]

SCR310 Agreed Price is Greater than Appraised Value

2021-05-13T09:50:02-05:00May 13th, 2021|Legal FAQs|

SCR310 can handle this issue of the PRICE exceeding the APPRAISED VALUE in several ways. SCR310 has a checkbox to include or not include an Appraisal Contingency. Hotline has heard reports of the Parties not agreeing to use the Appraisal Contingency. Obviously if used, the Appraisal Contingency can handle this situation in the stated manner. [...]

Ransomeware

2021-05-13T08:13:41-05:00May 13th, 2021|Legal FAQs|

https://go.lexisnexis.com/landing-page/192295?utm_campaign=1-10744912572_M-2021+CL+TGC+Regulatory+Compliance+Co-branded+EM+May_1-10101618501&utm_medium=email&utm_source=broadcast&utm_term=Mkt+Large+CL&utm_content=cta1_B&access=1-10101618501&treatcd=1-10744912572 Posted by: Byron King on 5/13/21 (This information is only accurate as of 5/13/21. You must contact SCR for updates and changes to this information after 5/13/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.og)

Independent Contractor

2021-05-12T13:12:08-05:00May 12th, 2021|Legal FAQs|

https://www.nexsenpruet.com/insights/gig-worker-friendly-independent-contractor-test-withdrawn-by-department-of-labor Posted by: Byron King on 5/12/21 (This information is only accurate as of 5/12/21. You must contact SCR for updates and changes to this information after 5/12/21 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 on MLS Lawsuits

2021-05-11T11:51:53-05:00May 11th, 2021|Legal FAQs|

https://www.nar.realtor/2020-nar-doj-agreement-regarding-mls-rules https://www.nar.realtor/legal/hot-topics-for-brokers Posted by: Byron King on 5/11/21 (This information is only accurate as of 5/11/21. You must contact SCR for updates and changes to this information after 5/11/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.og)

Top Ten Risks for Brokers from NAR

2021-05-11T11:45:27-05:00May 11th, 2021|Legal FAQs|

https://www.nar.realtor/legal/hot-topics-for-brokers Posted by: Byron King on 5/11/21 (This information is only accurate as of 5/11/21. You must contact SCR for updates and changes to this information after 5/11/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.og)

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