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zipForm Digital Ink 2.0 will be Default on 9/30/20

By |2020-09-09T15:03:38-05:00September 9th, 2020|Coronavirus, Legal FAQs|

ATTN! Digital Ink users This is a quick reminder that Digital Ink 2.0, the upgraded eSignature solution for Transactions (zipForm Edition), will soon become the default for Digital Ink 1.0 users. This change will take place on September 30, 2020. Posted by: Byron King on 09/09/20 (This information is only accurate as of 09/09/20. You [...]

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Coop Fees for BA, SA, TB

By |2020-09-09T13:21:02-05:00September 9th, 2020|Coronavirus, Legal FAQs|

Listing agents have an ethical duty to look after the seller's best interests. Ensure that sellers understand that cooperative compensation should meet the seller's goals of selling timely and at desired terms while mitigating risks. Sellers should give informed consent when cooperative compensation for BA, SA, TB is set in the SCR listing agreement (e.g., [...]

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Ethics Case 12-9 Investment/Profit Guarantee/Promises in Advertising

By |2020-09-09T10:17:35-05:00September 9th, 2020|Coronavirus, Legal FAQs|

Case #12-9: Unethical Advertising REALTOR® A posted an ad on his website soliciting $15,000 investments in a “sure thing.” The ad explained that he was seeking only ten investors at $15,000 each; that each investor would receive $18,000 for his investment in 30 days; or, if he chose to invest for a longer period, could [...]

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SC Housing $8000 DPA

By |2020-09-09T08:56:24-05:00September 9th, 2020|Coronavirus, Legal FAQs|

https://www.schousing.com/Home/County-First-Initiative County First Initiative Why choose a County First mortgage? SC Housing believes that every citizen in South Carolina deserves the opportunity to own their own home. County First is a rural initiative designed to provide potential homebuyers in underserved communities with additional resources when local economic conditions make homeownership difficult. Funding is available for [...]

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NAR Legal on Multiple Offers

By |2020-09-08T09:46:01-05:00September 8th, 2020|Coronavirus, Legal FAQs|

https://www.nar.realtor/videos/window-to-the-law/how-to-handle-multiple-offers NAR top three takeaways: 1. Sellers make the decisions. 2. Do not read, transmit buyer "love letters" due to fair housing risks. 3. Clients make decisions. Remind buyers that they may not know about other offers and offers generally are not confidential. Other thoughts... To keep everyone equal, one idea is that the seller [...]

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ADA Website Compliance – Risk Management

By |2020-09-03T09:39:17-05:00September 3rd, 2020|Coronavirus, Legal FAQs|

https://consumerfsblog.com/2020/09/calif-app-court-4th-dist-rejects-jurisdictional-challenge-in-website-accessibility-case/ https://www.bicycleretailer.com/retail-news/2020/07/30/california-retailers-threatened-lawsuits-over-their-websites-ada-compliance#.X1D8dGdKhfU The second link has some interesting comments in the comments section. Posted by: Byron King on 09/03/20 (This information is only accurate as of 09/03/20. You must contact SCR for updates and changes to this information after 09/03/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

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LLR Board Order Dated 7/23/20 (LA signing as Seller)

By |2020-09-02T13:10:51-05:00September 2nd, 2020|Coronavirus, Legal FAQs|

LLR Consent Agreement Dated 7/23/20 https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 Posted by: Byron King on 09/02/20 (This information is only accurate as of 09/02/20. You must contact SCR for updates and changes to this information after 09/02/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

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LLR Board Order Dated 7/24/20 (PM and Trust Account)

By |2020-09-02T13:07:41-05:00September 2nd, 2020|Coronavirus, Legal FAQs|

LLR Consent Agreement Dated 8/7/20 https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 Posted by: Byron King on 09/02/20 (This information is only accurate as of 09/02/20. You must contact SCR for updates and changes to this information after 09/02/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

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LLR Board Order Dated 8/7/20 (PM and Undisclosed Vacant Property)

By |2020-09-02T13:04:43-05:00September 2nd, 2020|Coronavirus, Legal FAQs|

LLR Consent Agreement Dated 8/7/20 https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 Posted by: Byron King on 09/02/20 (This information is only accurate as of 09/02/20. You must contact SCR for updates and changes to this information after 09/02/20 as laws and regulations may change over time. SCR 803-772-5206 or email Byron)

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Top 2 Hotline Questions: REPAIR PROCEDURE TERMINATION and EARNEST MONEY DISPUTE

By |2020-09-02T10:08:43-05:00September 2nd, 2020|Coronavirus, Legal FAQs|

The #1 hotline call is REPAIR PROCEDURE disputes...callers are asking if the buyer can terminate or will the buyer be in breach when terminating. Usually, the issues involve "improvements - structurally sound" or "systems - operative condition" and both are decided by judges based on expert opinions. The #2 hotline call is EARNEST MONEY. 2016-2017, [...]

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