SCR News Feed

1. Forms 2. License laws 3. Other Miscellaneous Questions, Ethics, Ethics Packages, Professionalism 4. Advertising and Settlement Questions and State Law Questions (tied) 5. Compensation and Disclosure Questions (tie) 6. Due Diligence 7. Agency, Brokerage Office Management/Policy, Federal Laws (tied) 8. Property Management. This information is only accurate as of 1/29/25. You must contact SCR… Continue Reading Top (Ten/Eight/Sixteen) Hotlines December 2024

Is this service animal necessary for a disability? What has this service animal been trained to do? Contact a lawyer asap if not allowing an animal claimed to be a service animal. https://www.charlotteobserver.com/news/local/article298543233.html#campaignName=charlotte_afternoonobserver_newsletter This information is only accurate as of 1/22/25. You must contact SCR for updates and changes to this information after 1/22/25 as… Continue Reading Charlotte Observer News ADA, Service Dog, Fair Housing

https://www.scstatehouse.gov/code/t12c037.php SECTION 12-37-3135.ATI fair market value exemption from property tax; requirements. (A) As used in this section: (1) "ATI fair market value" means the fair market value of a parcel of real property and any improvements thereon as determined by appraisal at the time the parcel last underwent an assessable transfer of interest. (2) "Current… Continue Reading 6% Assessment Ratio, 25% discount valuation, before January 31, statute

Telemarketing & FCC One-to-One Consent Rule Webinar - 1/28/25 @2pmET Real estate professionals use telemarketing calls and texts to promote their services to consumers, which can be an effective tool when implemented in compliance with relevant laws. Under a new FCC rule taking effect January 27, 2025, agents and brokers promoting real estate services must… Continue Reading TCPA Telemarketing Webinar 1/28/25 at 2 pm EST

https://ed.sc.gov/data/report-cards/sc-school-report-card/ This information is only accurate as of 1/16/25. You must contact SCR for updates and changes to this information after 1/16/25 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 information is intended only to provide… Continue Reading SC Dept Education Publishes Schools Information, Evaluations, Data

NAR is pleased to share the latest consumer guide focused on flood insurance. This guide explains what flood insurance is and what it covers, when homeowners are required to purchase a policy, and the difference between National Flood Insurance Program and private insurance policies. As a reminder, all guides in this series are available for… Continue Reading NAR: English/Spanish Consumer Guides (Insurance – Flood & Fire, Inspections, Appraisal Process, Agency & Non-Agency Relationships)

https://www.nar.realtor/the-facts/consumer-guide-flood-insurance This information is only accurate as of 1/16/25. You must contact SCR for updates and changes to this information after 1/16/25 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 information is intended only to provide… Continue Reading NAR New Consumer Guide: Flood Insurance

SC Code § 40-57-136(H) states: "If trust funds are held outside a licensee's brokerage firm, the licensee remains obligated to ensure that the trust funds are timely and properly delivered to the trust fund agent as stated in the contract." SECTION 40-57-136.Trust accounts; disputes; records. (A)(1) A broker-in-charge or a property manager-in-charge, when taking possession… Continue Reading Earnest money, trust funds, ensure timely, properly delivered to escrow agent

Escrow info from LLR: https://llr.sc.gov/re/RECPDF/TrustAccountBook.PDF Short office policy for LLR audit: See grey toolbar: https://screaltors.org/legal/ Reports are that LLR auditors are auditing brokerages in Marion County. This information is only accurate as of 1/14/25. You must contact SCR for updates and changes to this information after 1/14/25 as laws and regulations may change over time.… Continue Reading LLR Audits

https://www.sccourts.org/media/opinions/HTMLFiles/COA/6093.pdf This information is only accurate as of 1/14/25. You must contact SCR for updates and changes to this information after 1/14/25 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 information is intended only to provide… Continue Reading SC Ct of Appeals on ROFR