Legal FAQs

NAR Housing Opportunity Guides

2020-12-09T09:26:11-05:00December 9th, 2020|Legal FAQs|

COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization [...]

SC Appraisers Board Orders

2020-12-08T15:04:22-05:00December 8th, 2020|Legal FAQs|

https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=25 Posted by: Byron King on 12/08/20 (This information is only accurate as of 12/08/20. You must contact SCR for updates and changes to this information after 12/08/20 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

SC Real Estate Commission Board Orders

2020-12-08T15:03:26-05:00December 8th, 2020|Legal FAQs|

https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 Posted by: Byron King on 12/08/20 (This information is only accurate as of 12/08/20. You must contact SCR for updates and changes to this information after 12/08/20 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Offer Rejection Form SCR314 plus…

2020-12-08T13:41:13-05:00December 8th, 2020|Legal FAQs|

All real estate licensees (residential and commercial)... If an offer is rejected without counter, an offer rejection form, promulgated by the commission, signed by the licensee affirming presentation of the offer must be provided to the offeror by the licensee, whether the agent of the buyer, the seller, or if acting as a transaction broker. [...]

Surveillance

2020-12-08T13:31:30-05:00December 8th, 2020|Legal FAQs|

Because security cameras and microphones are now so technologically advanced, concealable, undetectable, and ubiquitous, best to inform everyone....all REALTORS®, buyers, sellers, tenants, landlords, guests, and service providers may want to always behave as if constantly under surveillance. Potential buyers and tenants may only want to discuss the property when off-site at a secure location. Perhaps, [...]

NAR 10-5 Training Recordings (Ban on Hate/Harassing Speech, Epithets, Slurs)

2020-12-04T12:47:31-05:00December 4th, 2020|Legal FAQs|

NAR 10-5 Training Recordings (Ban on Hate/Harassing Speech, Epithets, Slurs) The recording for last Monday's COE training is now available. Go to: https://www.nar.realtor/events/breaking-down-the-changes-to-the-code Click on the + sign next to the date (Nov. 30) and it will open up the session description and display the "Replay" button. If you miss any of the sessions, the [...]

Hotline October!

2020-12-01T12:25:01-05:00December 1st, 2020|Legal FAQs|

600+ Hotlines! Top Issues: Forms State Law Ethics Disclosure License Law Other (Clear Cooperation, MLS issues, Multiple Offers) Professional Standards: 15 ethics packages sent 1 arbitration package sent 5 packages completed and returned 1 hearing and 1 citation Top ethics articles complained about: 2, 3, 12, and 15 Posted by: Byron King on 12/01/20 (This [...]

Ethics Case 17-1 You Decide – Arbitration

2020-12-01T11:26:36-05:00December 1st, 2020|Legal FAQs|

Case # 17-1: Obligation to Submit to Arbitration REALTOR® A and REALTOR® B had been engaged in a cooperative transaction that resulted in a dispute regarding entitlement to compensation. Rather than requesting arbitration before the Association of REALTORS®, REALTOR® A filed suit against REALTOR® B for payment of the compensation he felt REALTOR® B owed [...]

NAR Adds SOP 10-5 Fair Housing Hate/Harass Speech/Post Ban

2020-12-01T09:03:35-05:00December 1st, 2020|Coronavirus, Legal FAQs|

Duties to the Public Article 10 (Case Interpretations for Article 10) REALTORS® shall not deny equal professional services to any person for reasons of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. REALTORS® shall not be parties to any plan or agreement to discriminate against a person or persons [...]

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