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Vacation Rental Act

By |2020-12-29T09:57:17-05:00December 29th, 2020|Legal FAQs|

Ensure you recommend the parties obtain legal counsel asap for all things lease related...documents, check in, inventory, pre-paids, deposits, rents, damages, settlements, insurance information, tenant information, COVID issues, security systems, solar panels, roll carts, gas tanks, property management, future reservations, etc. Here is the Vacation Rental Act: ARTICLE 2 The South Carolina Vacation Rental Act [...]

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Property Mangers and Landlords: Breaking NAR News! Rental Assistance

By |2020-12-21T14:11:45-05:00December 21st, 2020|Legal FAQs|

Rental Assistance Part of New Relief Measure Congressional leaders struck a deal Sunday on a nearly $900 billion coronavirus relief bill that will bring a new round of support to millions of Americans before year’s end. The agreement contains many priorities championed by NAR, including rental assistance, a fresh round of funding and simplified forgiveness [...]

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Mediation Forms and Information

By |2020-12-19T16:37:25-05:00December 19th, 2020|Legal FAQs|

Mediation is settlement, working things out... NAR Mediation Forms: https://www.nar.realtor/code-of-ethics-and-arbitration-manual/forms#mediation https://www.nar.realtor/code-of-ethics-and-arbitration-manual/forms SCR Mediation Info: https://www.screaltors.org/mediation/ SCR Mediator list: https://www.screaltors.org/wp-content/uploads/2019/04/MediatorPamphlet2019-2.pdf SCR Free Zoom Mediator list: https://www.screaltors.org/wp-content/uploads/2020/11/OnlineMediation.pdf Posted by: Byron King on 12/19/20 (This information is only accurate as of 12/19/20. You must contact SCR for updates and changes to this information after 12/19/20 as laws and [...]

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To Do List 2021: Close Ag Prop (Rollback Tax 5 to 3), File ATI for 2020 Deals

By |2020-12-18T10:44:15-05:00December 18th, 2020|Legal FAQs|

ATI filing is due on Jan 30, 2021 for all appropriate transactions that closed in 2020. Rollback property taxes go from 5 years to 3 years on 1/1/2021. Parties may consider closing in 2021 if able for this reason. Thanks REALTORS® and staff who have been active in SC governmental affairs. Hotline: 803-772-5206 or email [...]

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Top Hotlines November 2020

By |2020-12-17T15:52:25-05:00December 17th, 2020|Legal FAQs|

Hotline: 803-772-5206 or email Byron or email Austin 400+ hotline inquiries: Top 5 issues: Forms State Law License Law Ethics - Professionalism Agency - interference Top Other issues: MLS issues - clear cooperation, misleading, compensation Land deal issues Multiple offers...seller decides, highest and best, escalators, SCR314 each time MLS Clear Cooperation Policy...seller decides, privacy means [...]

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The 2021 NAR Code of Ethics is here!

By |2020-12-16T14:37:20-05:00December 16th, 2020|Legal FAQs|

The 2021 NAR Code of Ethics is here! https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/2021-code-of-ethics-standards-of-practice Posted by: Byron King on 12/16/20 (This information is only accurate as of 12/16/20. You must contact SCR for updates and changes to this information after 12/16/20 as laws and regulations may change over time. SCR 803-772-5206 or email info or byron at screaltors.org)

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December 16: 2 pm NAR training on Fair Housing/SOP 10-5

By |2020-12-16T10:18:47-05:00December 16th, 2020|Legal FAQs|

https://www.nar.realtor/events/breaking-down-the-changes-to-the-code Wednesday, December 16 Breaking Down the Changes in the Code: Uniform Enforcement of Standard of Practice 10-5 with New Appendix XII Time: 1:00 – 2:00 pm CST Facilitators: Bruce Aydt and Matt Difanis Topic: How will the new Appendix XII, Appropriate Interpretation of Standard of Practice 10-5 and Professional Standards Policy Statement #29, assist [...]

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HOTTEST HOTLINES

By |2020-12-10T11:01:03-05:00December 10th, 2020|Legal FAQs|

Statistical top four: 1. Forms, which forms are needed, attorney approval to forms changes 2. Laws, state/licensing/local/federal 3. Ethics issues, professionalism complaints about other members 4. Disclosure issues, post closing the buyer finds property problems and blame the brokerages and the sellers for concealing issues Other: 1. MLS issues, Clear Cooperation Policy, Office Exclusives 2. [...]

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NAR Housing Opportunity Guides with Links

By |2020-12-09T09:28:11-05:00December 9th, 2020|Legal FAQs|

COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization [...]

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NAR Housing Opportunity Guides

By |2020-12-09T09:26:11-05:00December 9th, 2020|Legal FAQs|

COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization [...]

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