Legal FAQs

Recommend that everyone including vendors obtains a solid amount of CYBER LIABILITY INSURANCE (e.g., BIC, brokerage, associated licensees, independent contractors, closing attorneys). Educate everyone including clients/customers/vendors to be on guard against wire fraud and phishing. Have everyone sign the SCR610 Wire Fraud Form. https://screaltors.org/wp-content/uploads/Forms/610.pdf Educate everyone including clients/customers/vendors to be especially on high alert to… Continue Reading NAR Risk Management Wire Fraud

Sea turtle season officially runs from May 1 through October 31, with hatching beginning around the start of July. Posted by: Byron King on 5/05/21 (This information is only accurate as of 5/05/21. You must contact SCR for updates and changes to this information after 5/05/21 as laws and regulations may change over time. SCR… Continue Reading Turn Out the Lights. Sea Turtles are Here. Minimize beach lights.

https://magazine.realtor/law-and-ethics/feature/article/2021/05/avoid-legal-and-ethical-pitfalls?AdobeAnalytics=ed_rid%3D56072%26om_mid%3D4521%7C2021_5-5_REALTOR%20MAG%20DIGITAL%26om_ntype%3DREALTOR%20MAG%20DIGITAL Avoid Legal and Ethical Pitfalls Maintaining a solid reputation contributes to your business success. Here are key steps to help you stay on the right side of the law and the Code of Ethics. Share Facebook Twitter LinkedIn Print May - June 2021 by Richard Westlund Key Takeaways: If a legal issue arises during… Continue Reading NAR’s Top Seven Legal Risks! NAR says CALL THE HOTLINE! 803-77-5206

Report yourself to NAR for completing the NAR Fair Housing Challenge! Kudos for completing the three tasks! Currently, SCR is receiving the list of SCR members who reported themselves as completing the NAR Fair Housing Challenge. SCR plans to promote these SCR Members by name in the near future. So, complete these three NAR fair… Continue Reading Report Yourself!

Apply now for rental, utility assistance through SC Stay Plus May 5, 2021 Thank you for your interest in the SC Stay Plus program, a rental and utility assistance program from SC Housing for those financially impacted by the COVID-19 pandemic and facing eviction or housing instability. Eligible applicants may receive up to 12 months… Continue Reading SC RENTAL ASSISTANCE JUST OPENED FOR APPLICATION!

https://www.schousing.com/Home/SC-Stay-Plus SC Housing will launch in early May a $272 million program to assist South Carolina residents in need of rental and utility assistance whose finances have been impacted by the COVID-19 pandemic. Those who qualify for SC Stay Plus may receive up to 12 months of assistance for late rent payments and late utility… Continue Reading SC Housing Rental Assistance Info – Sign up to learn when goes live!

Be careful online! Ensure compliance with and beware: Fair Housing NAR ethics banning hate, harassing, epithets, slurs speech. Libel/slander Illegal activity Antitrust Unreliable information, incorrect information Virus, Malware, Scams, Wire Fraud Posted by: Byron King on 5/04/21 (This information is only accurate as of 5/04/21. You must contact SCR for updates and changes to this… Continue Reading Operating Online

https://uscode.house.gov/view.xhtml?req=(title:26%20section:3508%20edition:prelim) Posted by: Byron King on 5/04/21 (This information is only accurate as of 5/04/21. You must contact SCR for updates and changes to this information after 5/04/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Rough Draft Escalation Clause/Escalator Clause LAWYER DRAFTED ESCALATOR/ESCALATION CLAUSES ARE NOT ILLEGAL IN SOUTH CAROLINA. REAL ESTATE LICENSEES WITHOUT A LAW LICENSE SHOULD NEVER CREATE PHRASES OR SENTENCES OR SENTENCE FRAGMENTS IN LEGAL CONTRACTS WITHOUT LAWYER OVERSIGHT. CALL THE HOTLINE 803-772-5206 if you need attorney language. SCR STANDARD FORMS ARE DRAFTED UNDER LAWYER SUPERVISION ALONGSIDE… Continue Reading Escalation/Escalator Clauses are Not Illegal Per Se

SCR encourages BICs and their associated licensees to get their written separation agreements in place before separation occurs and while relationships are on good terms. Manage separation expectations in written legal agreements. Everyone will eventually separate. Agents move brokerages, brokerages merge/dissolve, business gets good, business declines, people retire, people change careers, life happens, people get… Continue Reading BICs and Associated Licensees: Get Written Agreements Now on Future Separation