Legal FAQs

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

Stay tuned for more info from SCR ASAP on this great news! https://www.nexsenpruet.com/insights/at-long-last-south-carolina-passes-covid-19-liability-immunity Posted by: Byron King on 4/28/21 (This information is only accurate as of 4/28/21. You must contact SCR for updates and changes to this information after 4/28/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

https://schousing.com/home/sc-stay-plus On April 27th, SCR CEO posted a podcast to his Facebook page where he interviews Chris Winston of SC Housing Authority on various issues including rental assistance. SC Housing Authority (and 6-7 large SC counties) will distribute federal rental assistance funds in May. Apply asap. Several large counties will also distribute federal rental assistance… Continue Reading Rental Assistance Money from Feds to SC Housing and Six to Seven Large SC Counties

On April 27th, SCR CEO Nick Kremydas posted his podcast with Christ Winston of SC Housing Authority. https://schousing.com/home/sc-stay https://www.wltx.com/article/news/local/schousing-rental-utility-assistance-scstayplus-may/101-159934a2-4834-436f-b9c1-60ccf5f246d7 https://www.wistv.com/2021/04/27/millions-more-rent-utility-assistance-coming-sc/ https://www.schousing.com/home/COVID-19-Forbearance https://www.justia.com/covid-19/50-state-covid-19-resources/eviction-mortgage-foreclosure-relief-during-covid-19-50-state-resource/ https://www.consumer.sc.gov/consumer-resources/help-homeowners https://www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/help-for-homeowners/request-forbearance-or-mortgage-relief/ Posted by: Byron King on 4/28/21 (This information is only accurate as of 4/28/21. You must contact SCR for updates and changes to this information after 4/28/21 as laws and regulations… Continue Reading Rental Assistance News (and Mortgage Assistance)

SCR501 Independent Contractor Agreement requires the BIC and associated licensees are licensed. Good to renew annually to ensure everyone is licensed. https://screaltors.org/wp-content/uploads/Forms/501.pdf You can look your license up at LLR website to ensure you have an active real estate license. BICs double check your licensees are active licensees regularly. Licensees check your own license for… Continue Reading Ensure You and Your Colleagues are Licensed

Contact the SCR Hotline attorneys at 803-772-5206 Byron Austin TPitts (Tiara also is the Fair Housing Program Director) There were almost 800 hotlines in March (780+) The top TEN Hotlines in March 2021: The first five are the classic top hotline issues: 1. Forms questions 2. License Law questions 3. State Law questions 4. OTHER… Continue Reading Top TEN Hotlines in March 2021