SCR News Feed

From Byron King: Statutory Definition Meter Conservation Charge

2019-01-15T10:20:30-05:00January 15th, 2019|Legal FAQs|

The LLR seller disclosure asks about a meter conservation charge. Basically, this is a way the utility charges or "finances" energy measures such as a new energy efficient hot water heater or other appliance for example. You have often seen these offers in your utility bills. SC Code: https://www.scstatehouse.gov/code/t58c037.php SECTION 58-37-50. Agreements for energy efficiency… Continue Reading From Byron King: Statutory Definition Meter Conservation Charge

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From Byron King: Handling Clients Exhibiting Mental Confusion, Memory Lapses (More than Normal)

2019-01-11T10:19:29-05:00January 11th, 2019|Legal FAQs|

When you are dealing with clients who exhibit signs of mental health issues or dementia or confusion, there are a number of steps you can take to help. Talk to the client. Ask the client for permission to reach out to emergency contacts that the client has provided you (e.g. friends, family, relatives, lawyers, social… Continue Reading From Byron King: Handling Clients Exhibiting Mental Confusion, Memory Lapses (More than Normal)

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What We’re Reading: January 7-11

2019-01-11T10:02:15-05:00January 11th, 2019|NAR|

A 911 misdial, automatic beer ordering, lava and water and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Out of beer?  This fridge will reorder for you. gfpeck/flickr/2009 Ooops, he dialed the wrong number (from space). Super Blood Wolf Moon–Game of Thrones episode or astronomical event? Being bored is good for you, according… Continue Reading What We’re Reading: January 7-11

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Throwback Thursday: First-Time Homebuyers Then and Now

2019-01-10T13:04:39-05:00January 10th, 2019|NAR|

In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29.  They made up 44 percent of all homebuyers.  Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other). In contrast, in 2018, the average… Continue Reading Throwback Thursday: First-Time Homebuyers Then and Now

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By Byron King: NAR Risk Management Committee Top 3: Teams, Coming Soon, Cybersecurity

2019-01-10T10:00:22-05:00January 10th, 2019|Legal FAQs|

Wondering what your top three 2019 risk management worries should be? NAR risk management committee identifies three: Team issues Coming soon Cybersecurity https://www.nar.realtor/natmeet.nsf/vwAttachmentsByKey/20461AC02FFF293786258354007C7B87/$File/AN18%20Minutes.Final.pdf Team issues: Remember the BIC supervises and compensates so have all that in writing. Know who your BIC is. Know in writing what your compensation is and how issues change if you… Continue Reading By Byron King: NAR Risk Management Committee Top 3: Teams, Coming Soon, Cybersecurity

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Planning to Buy a Home in 2019?

2019-01-09T15:11:01-05:00January 9th, 2019|NAR|

Mortgage rates are starting off 2019 at very good levels. In fact, mortgage rates declined, starting the new year with the 30-year fixed rate mortgage dipping to 4.5 percent last week from 5 percent a month ago, according to mortgage finance provider Freddie Mac[1]. After a year of gradual increases, mortgage rates are declining. Stock market… Continue Reading Planning to Buy a Home in 2019?

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New HOA laws

2019-01-09T09:48:11-05:00January 9th, 2019|Legal FAQs|

https://www.scstatehouse.gov/sess122_2017-2018/bills/3886.htm Be it enacted by the General Assembly of the State of South Carolina: Homeowners Associations, Consumer Affairs services SECTION 1. Title 27 of the 1976 Code is amended by adding: "CHAPTER 30 Homeowners Associations Article 1 South Carolina Homeowners Association Act Section 27-30-110. This article may be cited as the 'South Carolina Homeowners Association… Continue Reading New HOA laws

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