by alex a | Nov 2, 2016 | Legal Tips
If your real estate license expires June 30, 2017, the Real Estate Commission just ruled that you fall under the existing state law for continuing education. This means you will only have to complete eights hours of continuing education this year. Of the eight hours,...
by alex a | Oct 28, 2016 | Legal Tips
As of October 28, 2016 the following Midland’s Counties have issued tax bills: Richland Lexington Kershaw Remember that once issued, ad valorem taxes must be paid at closing if not previously paid even if the seller escrowed taxes. Any excess money that the...
by alex a | Oct 28, 2016 | Legal Tips
Over the next few weeks we will examine “agency” as it is used under the new S.C. Code 40-57-5 et seq. (Law effective January 1, 2017). Section 40-57-370 (A) addresses the licensee’s requirement of brokerage disclosure. The statute says the licensee...
by alex a | Oct 21, 2016 | Legal Tips
When working with a client the real estate agent has a duty of confidentiality. This duty survives even after the relationship has ended or otherwise terminated. The Real Estate Commission takes this duty very seriously as should the real estate agent. A licensee...
by alex a | Oct 13, 2016 | Legal Tips
It is that time of year again that we all dread. Several counties in South Carolina have issued the ad valorem tax bills for 2016. Once the tax bill is issued by a county it becomes due and payable. The tax bill is past due on January 15, 2017. The issuance of the tax...