Legal FAQs

BPO CMA – Always Include in Report to Avoid LLR Appraisers Board Issues

2021-04-12T15:24:48-05:00April 12th, 2021|Legal FAQs|

Magic words to use in all your BPO’s and CMA’s: "This market analysis may not be used for the purposes of obtaining financing in a federally related transaction". THIS IS NOT AN APPRAISAL. I have presented the dollars for this property as PRICE, not VALUE. The SC LLR Appraisers Board has stated that only licensed… Continue Reading BPO CMA – Always Include in Report to Avoid LLR Appraisers Board Issues

Richland County Taking Rental Assistance Applications (April 5)

2021-04-12T13:27:09-05:00April 12th, 2021|Legal FAQs|

Federal Money for rental assistance (e.g., tenants, landlords) available now. 6 large SC counties are administering their federal rental assistance. SC Housing is administering federal rental assistance for the other counties. SCR CEO Nick Kremydas plans to interview the program director at SC Housing on their federal rental assistance program on Friday. http://www.richlandcountysc.gov/ https://www.wistv.com/2021/03/29/richland-co-announces-phone-online-portal-rental-assistance-program/ https://www.wltx.com/article/money/rental-assistance-program-richland-county-south-carolina/101-55c49260-8600-4be9-ae30-205fd4b79a99… Continue Reading Richland County Taking Rental Assistance Applications (April 5)

Rental Assistance from Feds for Tenants and Landlords back to March 2020

2021-04-12T13:25:56-05:00April 12th, 2021|Legal FAQs|

Rental assistance money for tenants and landlords from the feds. https://www.postandcourier.com/business/sc-has-346m-to-help-with-overdue-rent-and-utility-bills-heres-how-to-get/article_4d4f45de-9882-11eb-9924-57aac6e55df1.html Keep a lookout for more info in the SCR e-newletters in the near future! Please send your rental assistance success stories to SCR (e.g., landlords, tenants). 6 large SC counties will administer the money. The other SC counties that did not qualify for population… Continue Reading Rental Assistance from Feds for Tenants and Landlords back to March 2020

Ways to Prevail in Multiple Offers (Don’t Forget SCR391 – Backup Clause!)

2021-04-12T13:25:02-05:00April 12th, 2021|Legal FAQs|

https://www.inman.com/2021/04/05/the-inman-handbook-on-how-to-win-a-bidding-war/?utm_source=saturdaysendnonselect&utm_medium=email&utm_campaign=saturdaysend&utm_content=847405_textlink_1_20210410 Posted by: Byron King on 4/12/21 (This information is only accurate as of 4/12/21. You must contact SCR for updates and changes to this information after 4/12/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

LLR updates Seller Disclosure May 1

2021-04-12T13:24:29-05:00April 12th, 2021|Legal FAQs|

South Carolina Residential Property Condition Disclosure Statement (Effective 5/1/21) (Revised 4/21) Posted by: Byron King on 4/12/21 (This information is only accurate as of 4/12/21. You must contact SCR for updates and changes to this information after 4/12/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

11th Circuit Says Website Not ADA (from NAR)(parts of GA/FL/AL)

2021-04-12T13:23:56-05:00April 12th, 2021|Legal FAQs|

On April 7, 2021, the Eleventh Circuit issued its long-awaited opinion in Gil v. Winn Dixie, holding that websites are not places of public accommodation under Title III of the Americans with Disabilities Act (ADA). In Gil, the district court held that Winn Dixie’s website was inaccessible in violation of the ADA due to the… Continue Reading 11th Circuit Says Website Not ADA (from NAR)(parts of GA/FL/AL)

NAR: Court Ruling on Telephone Solicitation

2021-04-12T13:23:18-05:00April 12th, 2021|Legal FAQs|

Comply with DO NOT CALL: https://www.nar.realtor/window-to-the-law/comply-with-the-do-not-call-registry https://www.donotcall.gov/ https://magazine.realtor/daily-news/2021/04/07/supreme-court-offers-clarity-on-cell-phones-and-marketing?AdobeAnalytics=ed_rid%3D57763%26om_mid%3D4356%7CRealtorMagNews_2021_04_07%26om_nytpe%3DREALTOR%20MAG%20NEWS Posted by: Byron King on 4/12/21 (This information is only accurate as of 4/12/21. You must contact SCR for updates and changes to this information after 4/12/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

NAR: Diversity, Equity, and Inclusion (DEI) Resources

2021-04-12T13:22:45-05:00April 12th, 2021|Legal FAQs|

https://www.nar.realtor/diversity/diversity-equity-inclusion-resources Posted by: Byron King on 4/12/21 (This information is only accurate as of 4/12/21. You must contact SCR for updates and changes to this information after 4/12/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

NAR: Diversity, Equity, and Inclusion (DEI) Policy Suggestions

2021-04-12T13:21:51-05:00April 12th, 2021|Legal FAQs|

https://www.nar.realtor/window-to-the-law/creating-diversity-equity-inclusion-policy Posted by: Byron King on 4/12/21 (This information is only accurate as of 4/12/21. You must contact SCR for updates and changes to this information after 4/12/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Ethics Case 16-8: Trying to Make Money On Other Brokerage’s Clients (e.g, Referral)

2021-04-12T13:21:15-05:00April 12th, 2021|Legal FAQs|

Case #16-8: Unauthorized Use of Information Received from Listing Broker for the Purpose of Creating a Referral to a Third Broker or for Creating a Buyer Relationship REALTOR® A entered a listing with the Association MLS. In the “Remarks” portion of the listing, it was noted that the seller was moving out of state. Shortly… Continue Reading Ethics Case 16-8: Trying to Make Money On Other Brokerage’s Clients (e.g, Referral)

Go to Top