Legal FAQs

Multiple Offers – Love Letters – Avoid – Fair Housing Risks

2021-02-04T12:44:11-05:00February 4th, 2021|Legal FAQs|

NAR on Love Letters and Love Videos: https://www.nar.realtor/fair-housing-corner/love-letters-or-liability-letters Short safe answer: Don't use love letters/videos. Don't accept love letters/videos. Long answer: Consider having a listing brokerage policy to discuss and get seller direction to avoid receiving and never presenting love letters/videos to the sellers. Discuss this issue with other real estate licensees who may be [...]

COVID Rental Assistance

2021-02-04T10:02:14-05:00February 4th, 2021|Legal FAQs|

http://schousing.com/home/sc-stay https://www.wltx.com/article/news/local/25-million-in-financial-help-on-the-way-for-struggling-sc-renters/101-009fd00f-2061-4263-aa4f-d5489af2f2b9 Posted by: Byron King on 2/4/21 (This information is only accurate as of 2/4/21. You must contact SCR for updates and changes to this information after 2/4/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Hot Hotlines! Top Ten

2021-02-04T09:12:07-05:00February 4th, 2021|Legal FAQs|

December Hotline statistics: Top Categories: 1. Forms 2. State Law 3. License Law 4. Ethics 5. Disclosure Issues Top Other Issues: 1. Multiple Offers 2. MLS Issues, Clear Cooperation, Public Marketing, No Pocket Listings 3. How to re-market listing once a deal dies... 4. Teams 5. Earnest Money Top Ethics: 1. Article 1 2. Article [...]

Listing Reps – submit all offers in WRITING, promptly, objectively, quickly as possible…

2021-02-03T12:05:33-05:00February 3rd, 2021|Legal FAQs|

If all offers are promptly presented to the seller, that complies with this portion of SC license law. (H) With regard to offers to purchase real estate, a licensee shall: (1) upon receipt, prepare all offers in writing and promptly present them to the seller If all offers are submitted objectively and quickly as possible, [...]

SC Housing Releases Report

2021-02-01T13:50:30-05:00February 1st, 2021|Legal FAQs|

https://issuu.com/schousing/docs/impactreportfinal?fr=sOWU3NjE3MTk1MQ Posted by: Byron King on 2/1/21 (This information is only accurate as of 2/1/21. You must contact SCR for updates and changes to this information after 2/1/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Anonymous Complaints are Actually Temporary Limited Anonymity

2021-01-27T10:30:55-05:00January 27th, 2021|Legal FAQs|

SCR Professional Standards Policy allows shielding the complainant's name only through the citation offer to the respondent. This is temporary anonymity. The citation will not have the complainant's name on the citation offer. Citations are the ethics traffic tickets. Article 12 advertising is ideal for citations. If the respondent does not accept the citation and [...]

Citations (ethics traffic tickets)

2021-01-27T10:27:39-05:00January 27th, 2021|Legal FAQs|

The potential discipline table for citations is below. Not all ethics articles are eligible for citations (e.g., serious violations, fair housing no citation). Citations were developed primarily for advertising issues. Generally, the average advertising citation (Article 12) is $350 and 4 hours of education. South Carolina REALTORS® Citation Policy This Citation Policy shall establish a [...]

NAR Ethics (November 13): No hate/harassing speech, No epithets/slurs

2021-01-25T09:56:18-05:00January 25th, 2021|Legal FAQs|

Do not make posts or speech or writings or photos/memes involving hateful, harassing, epithets, slurs, joking "speech" including these. All human beings fit into one or more protected classes for fair housing or employment discrimination (e.g., race, color, religion, sex, national origin, familial status, disability, gender identity, sexual orientation). Video by VA GC on SOP [...]

Raffles, Lotteries, Drawings… High Risk

2021-01-22T10:20:27-05:00January 22nd, 2021|Legal FAQs|

Title 16 - Crimes and Offenses CHAPTER 19 Gambling and Lotteries SECTION 16-19-10. Setting up lotteries. Whoever shall publicly or privately erect, set up, or expose to be played or drawn at or shall cause or procure to be erected, set up, or exposed to be played, drawn, or thrown at any lottery under the [...]

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