SCR News Feed

LLR SCREC: over 5 years old trust funds in BICs trust accounts

2026-05-27T14:05:55-05:00May 27th, 2026|Legal FAQs|

https://llr.sc.gov/re/News/Abandoned%20Trust%20Funds.pdf https://treasurer.sc.gov/what-we-do/for-citizens/unclaimed-property-program/ Posted by: Byron King on 5/27/26 (This information is only accurate as of 5/27/26. You must contact SCR for updates and changes to this information after 5/27/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice.… Continue Reading LLR SCREC: over 5 years old trust funds in BICs trust accounts

SCDCA anti scam 5/27/26 1030-1130

2026-05-26T09:32:08-05:00May 26th, 2026|Legal FAQs|

Wednesday Webinar   The SC Department of Consumer Affairs (SCDCA) offers free webinars every week! Topic: Identity Theft and Scams: How to Stay Safe When: Wednesday, May 27, 2026 • 10:30-11:30 a.m. Scammers are constantly coming up with new tactics to try and trick you into giving over your private information and money. Learn about… Continue Reading SCDCA anti scam 5/27/26 1030-1130

NAR: MLS CCP Guidance

2026-05-22T11:58:46-05:00May 22nd, 2026|Legal FAQs|

NAR has developed three new MLS and CCP policy guidance resources to support consistent policy implementation across the industry and promote a clear understanding of how NAR’s policies and guidelines are intended to operate. Given the continued industry discussion surrounding these topics, we are providing these materials to share additional background and clarification regarding: Policy… Continue Reading NAR: MLS CCP Guidance

NAR on US House’s Housing Bill Passage “21st Century Road to Housing Act”

2026-05-20T13:00:07-05:00May 20th, 2026|Legal FAQs|

https://www.nar.realtor/newsroom/nar-statement-on-house-passage-of-the-21st-century-road-to-housing-act Posted by: Byron King on 5/20/26 (This information is only accurate as of 5/20/26. You must contact SCR for updates and changes to this information after 5/20/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading NAR on US House’s Housing Bill Passage “21st Century Road to Housing Act”

Insurance! SCR233 Insurance Form, NAR on the Insurance Industry C.L.U.E. Report

2026-05-07T08:55:54-05:00May 7th, 2026|Legal FAQs|

Does your brokerage use SCR233 insurance disclosure form in all deals? If no, consider using: https://screaltors.org/wp-content/uploads/Forms/233.pdf Insurance is a huge issue in SC. SCR is working with the General Assembly this year on some insurance legislation to try and help control cost increases and coverage availability. https://www.nar.realtor/homeowners-insurance/clue-report Posted by: Byron King on 5/7/26 (This information… Continue Reading Insurance! SCR233 Insurance Form, NAR on the Insurance Industry C.L.U.E. Report

Intern Season

2026-05-06T09:39:34-05:00May 6th, 2026|Legal FAQs|

Interns should never be unpaid employees, nor assigned duties of employees. Internships are for the benefit of the intern, not the brokerage/licensees involved. Interns should have an education plan with the brokerage and this education plan is better if their college is involved with the education plan. Internships should benefit the interns more than the… Continue Reading Intern Season

Revoked or Suspended Licensees – Properly Written Report to LLR SCREC

2026-05-06T08:52:58-05:00May 6th, 2026|Legal FAQs|

Currently, the LLR SCREC requests that if you spot a revoked or suspended licensee practicing real estate, please file a proper written complaint with LLR SCREC so that LLR SCREC can enforce its own orders, cease and desist orders, etc. LLR is likely working on some other future solutions, but this is the LLR SCREC… Continue Reading Revoked or Suspended Licensees – Properly Written Report to LLR SCREC

FOREWARN Blog: Forewarn vs. Fake Seller Fraud Crimes

2026-05-04T10:37:52-05:00May 4th, 2026|Legal FAQs|

https://www.forewarn.com/blog/fake-sellers-real-consequences-the-growing-threat-of-vacant-property-fraud/?utm_campaign=6762584-NAR&utm_source=NAR&utm_medium=display&utm_content=NAR_website Posted by: Byron King on 5/4/26 (This information is only accurate as of 5/4/26. You must contact SCR for updates and changes to this information after 5/4/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading FOREWARN Blog: Forewarn vs. Fake Seller Fraud Crimes

NAR: FLA Listing Broker sues Seller and Wins. Presented full price offer.

2026-05-04T10:33:26-05:00May 4th, 2026|Legal FAQs|

https://www.nar.realtor/legal-case-summaries/listing-broker-entitled-to-compensation-after-seller-rejected-conforming-offer Posted by: Byron King on 5/4/26 (This information is only accurate as of 5/4/26. You must contact SCR for updates and changes to this information after 5/4/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading NAR: FLA Listing Broker sues Seller and Wins. Presented full price offer.

More EPA and HUD Info for Lead Hazards and Paint Disclosure Compliance (1978)

2026-05-01T09:42:27-05:00May 1st, 2026|Legal FAQs|

EPA and HUD maintain a dedicated webpage with interpretive guidance to help real estate professionals understand the federal requirements for disclosing information about lead-based paint in housing. The FAQ we discussed about agent-to-agent communication appears in Part 1, page 5, under Question 12: 12.Q: Given that the selling agent in real estate transactions may be… Continue Reading More EPA and HUD Info for Lead Hazards and Paint Disclosure Compliance (1978)

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