by alex a | Sep 2, 2016 | Legal Tips
The next item we examine under the revised South Carolina Real Estate Practice Act which becomes law effective January 1, 2017 is the paying of an unlicensed assistant. The revised Act continues to allow real estate agents to use unlicensed assistants for certain...
by alex a | Aug 26, 2016 | Legal Tips
Under section 40-57-135(I)(5) of the Real Estate Brokers, Salespersons, and Property Managers Act that becomes effective January 1, if an offer or counteroffer is rejected without counter, an “Offer Rejection Form,” created by the Commission, must be...
by alex a | Aug 18, 2016 | Legal Tips
As we continue to exam the new real estate statute that becomes effective January 1 we turn our attention to the definitions in §40-57-30. The requirement to disclose “material adverse facts” is referenced three separate times in §40-57-350. The three...
by alex a | Aug 12, 2016 | Legal Tips
With the revised Real Estate Licensee law being implemented January 2017 we take a closer look at South Carolina Code §40-57-145 and compare it to the new code §40-57-710. The section entitled “Grounds for denial of issuance of license or for disciplinary...
by alex a | Aug 4, 2016 | Legal Tips
In the last two posts we examined transaction brokerage. Transaction brokerage will be allowed in South Carolina starting January 1, 2017. This change is pursuant to the revised real estate law that becomes effective at the new year. Transaction brokerage is defined...
