Legal FAQs

Post closing issues that involve money changing hands to solve, one way to handle it is to use mediation in lieu of litigation to obtain a written agreement regarding the money exchanged in lieu of filing litigation, filing ethics complaints, filing license law complaints, etc. SCR offers free Zoom mediation currently. https://screaltors.org/mediation/ If mediation fails,… Continue Reading Post Closing, Need to Get Money to Buyers for Problems/Issues

https://magazine.realtor/law-and-ethics/feature/article/2021/03/welcome-clarity-on-respa Posted by: Byron King on 3/4/21 (This information is only accurate as of 3/4/21. You must contact SCR for updates and changes to this information after 3/3/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

https://magazine.realtor/technology/feature/article/2019/09/wait-that-s-my-listing-photo Posted by: Byron King on 3/4/21 (This information is only accurate as of 3/4/21. You must contact SCR for updates and changes to this information after 3/3/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Case #12-25: Advertising Role in Sales After Changing Firm Affiliation REALTOR® Q was a non-principal broker licensed with ABC REALTORS®. REALTOR® Q specialized in buyer representation. A prominent feature on her website carried the headline, “I sold these—and I can help you buy or sell, too!” Under the headline was a list of over a… Continue Reading Ethics Case 12-5. You Decide! Advertising Role in Sales After Changing Firm Affiliation

NAR requires 2.5 ethics hours every three years (December 31, 2021). https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/code-of-ethics-training-requirement-now-every-three-years LLR requires 10 CE hours every two years (June 30 of your renewal year). https://www.scstatehouse.gov/code/t40c057.php Local Associations may require another 6 hours biennially of risk reduction education per the below. https://www.nar.realtor/about-nar/governing-documents/nar-constitution-bylaws "A Board rule requiring that Board Members attend, on at least a… Continue Reading NAR 2.5 ethics hours every 3 years, LLR 3 CE hours every 2 years, Some Local Associations up to 6 hours risk reduction hours every 2 years

https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/code-of-ethics-training-requirement-now-every-three-years Since 2001, REALTORS® have been required to take Code of Ethics training to retain their membership. Originally, the training was required every four years, but in 2017, NAR changed the requirement to every two years. A presidential advisory group (PAG), appointed in 2019, made several recommendations to the NAR Leadership Team. One of its… Continue Reading 10 hours CE for LLR every 2 years… and 2.5 hours ethics for NAR every 3 years

https://www.nar.realtor/fair-housing Posted by: Byron King on 3/3/21 (This information is only accurate as of 3/3/21. You must contact SCR for updates and changes to this information after 3/3/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Good news from LLR Director Farr today: Brokers aka BICs will now be notified when agents aka associated licensees transfer from your brokerage online or otherwise (e.g., in person at LLR). So, keep your contact information accurate at LLR SC Real Estate Commission. SCR risk management recommendation: always have a written proper independent contractor agreement… Continue Reading Good news from LLR Director Farr today: Brokers will now be notified when agents transfer online or otherwise!

https://www.donotcall.gov/report.html Posted by: Byron King on 3/1/21 (This information is only accurate as of 3/1/21. You must contact SCR for updates and changes to this information after 3/1/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

https://www.ftc.gov/tips-advice/business-center/guidance/can-spam-act-compliance-guide-business Posted by: Byron King on 3/1/21 (This information is only accurate as of 3/1/21. You must contact SCR for updates and changes to this information after 3/1/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)