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NAR Ai Artificial Intelligence

2024-03-11T10:30:56-05:00March 11th, 2024|Legal FAQs|

https://www.nar.realtor/videos/window-to-the-law/legal-tips-use-ai Posted by: Byron King on 03/11/24 (This information is only accurate as of 03/11/24. You must contact SCR for updates and changes to this information after 03/11/24 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 [...]

SCams, FBI report www.ic3.gov 2023

2024-03-11T07:58:46-05:00March 11th, 2024|Legal FAQs|

https://www.ic3.gov/media/pdf/annualreport/2023_ic3report.pdf Posted by: Byron King on 03/11/24 (This information is only accurate as of 03/11/24. You must contact SCR for updates and changes to this information after 03/11/24 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 [...]

SCams! www.ic3.gov FBI report, SCnow.com

2024-03-11T07:19:24-05:00March 11th, 2024|Legal FAQs|

https://scnow.com/news/local/fbi-south-carolinians-report-nearly-120-million-lost/article_201d7966-dd8d-11ee-aeb7-03976676e481.html COLUMBIA, S.C. — The Federal Bureau of Investigation’s Internet Crime Complaint Center released its annual 2023 Internet Crime Report and accompanying state reports this week, which shows South Carolinians reported nearly $120 million in losses to internet crimes last year. The new report shows a more than $19 million increase in reported losses from [...]

Lawyer Holding Disputed Earnest Money?

2024-03-05T12:00:26-05:00March 5th, 2024|Legal FAQs|

Ask the lawyer if the lawyer will use e(1) and e(2): https://www.sccourts.org/courtReg/displayRule.cfm?ruleID=407.0&subRuleID=RULE%201%2E15&ruleType=APP (e)(1) When in the course of representation a lawyer is in possession of property in which two or more persons (one of whom may be the lawyer) claim interests, the property shall be kept separate by the lawyer until the dispute is resolved. [...]

LLR SCREC Spanish Forms Online

2024-03-05T11:57:34-05:00March 5th, 2024|Legal FAQs|

https://llr.sc.gov/re/resources.aspx Posted by: Byron King on 03/6/24 (This information is only accurate as of 03/06/24. You must contact SCR for updates and changes to this information after 03/06/24 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 [...]

NAR Announces Members Get ABR Course in 2024, No Tuition Charged

2024-02-26T11:45:25-05:00February 26th, 2024|Legal FAQs|

Please review the announcement below from NAR CEO Nykia Wright. "Today we are announcing that throughout 2024, NAR is making the popular Accredited Buyer’s Representative (ABR®) designation course, which is typically $295, available to REALTORS® at no cost." Please share this with your members and encourage them to get started at become.abr.realtor. The first live [...]

NAR Legal on Marketing with Phones, Texts, Emails, 3rd Party Lead Generation, Express Consent, Laws

2024-02-26T08:36:26-05:00February 26th, 2024|Legal FAQs|

https://www.nar.realtor/telemarketing-cold-calling ps. In SC, there are laws against using public records for many commercial marketing purposes that real estate agents need to follow. Posted by: Byron King on 02/26/24 (This information is only accurate as of 02/26/24. You must contact SCR for updates and changes to this information after 02/26/24 as laws and regulations may [...]

REALTOR Magazine on the Missouri Class Action Lawsuit and related issues

2024-02-26T08:15:36-05:00February 26th, 2024|Legal FAQs|

https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/breaking-down-sitzer-burnett Posted by: Byron King on 02/26/24 (This information is only accurate as of 02/26/24. You must contact SCR for updates and changes to this information after 02/26/24 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 [...]

Top Ten Hotlines January 2024

2024-02-23T12:58:36-05:00February 23rd, 2024|Legal FAQs|

1. State law 2. Forms 3. Other, various legal topics/issues 4. License law 5. Advertising 6. Ethics 7. Disclosure 8. Compensation 9. Agency 10.Due diligence Earnest money Ethics complaints BIC office management Property Management Arbitration Mediation Appraisal Fair Housing MLS Federal law Multiple offers, escalation clauses Posted by: Byron King on 02/23/24 (This information is [...]

Not all Mortgages are Assumable

2024-02-23T11:43:22-05:00February 23rd, 2024|Legal FAQs|

WARNING: Not all mortgages are assumable. WARNING: Most mortgages are likely not assumable. WARNING: Many mortgages contain "due on sale" clauses that prevent assumption and can make the entire mortgage due and payable at closing. This could be financially harmful to a party or parties if this occurs. Financial harm can lead to you being [...]

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