If the buyer might need or desire to properly pay the due diligence termination fee to the seller electronically, everyone should coordinate well ahead of time to get the e-pay information communicated. Do not wait until the last minute because a late due diligence termination fee payment can void the due diligence termination and potentially [...]
https://dor.sc.gov/resources-site/media-site/Pages/SC-issues-tax-relief-due-to-Hurricane-Idalia-October-extension-deadline-postponed.aspx Posted by: Byron King on 10/13/23 (This information is only accurate as of 10/13/23. You must contact SCR for updates and changes to this information after 10/13/23 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 [...]
https://www.nar.realtor/magazine/real-estate-news/sales-marketing/beware-of-title-pirates-wreaking-havoc-on-closings Posted by: Byron King on 10/12/23 (This information is only accurate as of 10/12/23. You must contact SCR for updates and changes to this information after 10/12/23 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 [...]
https://www.nar.realtor/aei-year-round-virtual-sessions?grp=ae&narmail=EdgeUp%20&date=10-12-2023&user=56072 Posted by: Byron King on 10/12/23 (This information is only accurate as of 10/12/23. You must contact SCR for updates and changes to this information after 10/12/23 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 [...]
Perhaps a way for a listing agent to discuss CL100 repairs requested on a buyer-submitted SCR525 for section #11 Wood Infestation Report of SCR310: (1) The seller is gathering information on the requested repairs to determine cost estimates or if the requested repairs fit into the SCR310 #11 CL100 repair requirements. or (2) The seller [...]
https://www.nar.realtor/search-results?qu=professional%20standards%20case%20interpretation&qu=procuring%20cause&p=1 Posted by: Byron King on 10/10/23 (This information is only accurate as of 10/10/23. You must contact SCR for updates and changes to this information after 10/10/23 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 [...]
https://www.nar.realtor/videos/risk-management-webinar-series/financial-guardrails-for-associations Posted by: Byron King on 10/09/23 (This information is only accurate as of 10/09/23. You must contact SCR for updates and changes to this information after 10/09/23 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 [...]
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Perhaps, after attending the latest ARELLO government licensing staff association meetings and learning that only 18 states use buyer agency with the other 32 states' licensees likely being unfamiliar with practicing real estate in buyer agency, the SCREC wanted to ensure that new SC licensees have a basic understanding of buyer agency operations so this [...]
SECTION 40-57-340. Conditions for license renewal; background checks; continuing education; exemptions. (A) As a condition of active license renewal: (1) A broker or salesperson shall submit to a criminal background check upon every third renewal as required for initial applicants pursuant to Section 40-57-115 and shall provide proof of satisfactory completion biennially of ten hours [...]