10. How to put a residential listing back on the market when a deal fails and the parties chose not to use due diligence so repair procedure disputes, etc. create the need to recommend all parties obtain legal counsel. Once warned, follow the seller direction. Next deal can be modified to allow the seller to terminate at will.
9. Vacation Rental Act…any leasing issues (e.g., VRA, long term tenants, security systems, solar panels, satellite systems, rollcarts) require lawyers to tailor the contract at offer and acceptance time through closing for all leasing issues (e.g., documents, money, agreements, problems, assumption, buy out, deposits).
8. Clear Cooperation Policy at MLS. Most residential sellers best interests include full market exposure via MLS and feeder websites along with typical marketing.
7. New construction issues (e.g., builders using their leverage in deals during a hot market with rapidly increasing prices).
6. Safety issues.
5. Forms issues.
4. State law issues.
3. License law issues.
2. Ethics issues (July top articles #1 client’s best interests, honesty and #17 arbitration).
1. Disclosure issues (e.g., LLR RPCDS SCR230 gives everyone statutory and case law protections).
Posted by: Byron King on 8/23/21 (This information is only accurate as of 8/23/21. You must contact SCR for updates and changes to this information after 8/23/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
