by alex a | Jul 29, 2016 | Legal Tips
Transaction brokerage is coming to South Carolina in January 2017 as part of the revised Real Estate Title 40, Chapter 57. This topic has created a lot of questions and angst in the industry. Today we look deeper into transaction brokerage. As brokerages continue to...
by alex a | Jul 22, 2016 | Legal Tips
Under the new real estate statute that becomes effective January 2017, a brokerage may offer transaction agency. So what is transaction agency? The new statute defines a transaction broker as “a real estate brokerage firm that provides customer service to a...
by alex a | Jul 14, 2016 | Legal Tips
As we discussed in last week’s legal tip, the state legislature has passed a new real estate statute that will be effective January 2017. Under the new law the continuing education requirements have been increased. In order to renew your license in 2017 you...
by alex a | Jul 8, 2016 | Legal Tips
On May 12, 2016, Governor Nikki Haley signed into law a sweeping revision to the South Carolina Real Estate Licensee Law. The changes to South Carolina Code §40-57-10 et. al. will impact the way you practice real estate effective January 1, 2017. Today, we examine how...
by alex a | Jun 30, 2016 | Legal Tips
The buyer(s) listed in the contract for sale may be different from the parties who will actually hold title. Often this is seen where only one spouse is on the loan but both spouses are on the title. This may also occur where a parent is buying a house for a child or...
