SCR News Feed

Ethics Case 1-3, You Decide: If Unprofessional Ethics Violation or No Ethics Violation

2019-09-05T09:39:52-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/code-of-ethics-and-arbitration-manual/case-interpretations-related-to-article-1 Case #1-3: Net Listing (Originally Case #7-3. Revised May, 1988. Transferred to Article 1 November, 1994.) Client A called REALTOR® B to list a small commercial property, explaining that he wanted to net at least $170,000 from its sale. He inquired about the brokerage commission and other selling costs. REALTOR® B’s response was: “You… Continue Reading Ethics Case 1-3, You Decide: If Unprofessional Ethics Violation or No Ethics Violation

NAR on Wholesaling, Flipping, Investing

2019-09-05T09:33:17-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/window-to-the-law Posted by: Byron King on 09/05/19 (This information is only accurate as of 09/05/19. You must contact SCR for updates and changes to this information after 09/05/19 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Bonuses

2019-09-05T09:28:12-05:00September 5th, 2019|Legal FAQs|

Bonuses: Cash, Gift Cards, Trips, Boats, Weekends in Houses, other Goodies Be careful when bonuses to buyer reps are offered. If the seller is paying or providing the bonus, get the bonus out of the seller's hands so the seller cannot renege after you have advertised the bonus. Best practice, seller and brokerage and law… Continue Reading Bonuses

NAR on Worker Classification (Employee, Independent Contractor, License Law)

2019-09-05T09:25:05-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/window-to-the-law SCR provides a standard independent contractor. BIC must properly supervise independent contractors in accordance with laws and licensing laws and NAR code of ethics. #1 Hotline call about independent contractors: what happens to compensation and pendings and leads during the independent contractor retiring/changing brokerages. Consider adding language to your independent agreement to cover this… Continue Reading NAR on Worker Classification (Employee, Independent Contractor, License Law)

Recent NAR Info on Disabled Access to Websites (ADA)

2019-09-05T09:20:03-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/window-to-the-law Assume that courts apply ADA to websites. Conduct ADA due diligence on your website with experts. Keep informed on this developing ADA website issue. Posted by: Byron King on 09/05/19 (This information is only accurate as of 09/05/19. You must contact SCR for updates and changes to this information after 09/05/19 as laws and… Continue Reading Recent NAR Info on Disabled Access to Websites (ADA)

SC Landlord Tenant Act on Storm Damage

2019-09-03T12:47:38-05:00September 3rd, 2019|Legal FAQs|

SC Landlord Tenant Act on Storm Damage: SECTION 27-40-650. Fire or casualty damage. (a) If the dwelling unit or premises are damaged or destroyed by fire or casualty to the extent that normal use and occupancy of the dwelling unit is substantially impaired, the tenant may: (1) immediately vacate the premises and notify the landlord… Continue Reading SC Landlord Tenant Act on Storm Damage

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