Blog

Blair Cato Pickren Casterline is pleased to announce that registration for the 2017 MCE/CE classes has now opened. Classes will be offered on March 9, March 23, April 4, April 25, May 2, May 16, June 8 and June 20. Each day will offer the 4 hour core class and 4 hours...

For years the attorneys of Blair Cato Pickren Casterline have warned both real estate agents and lenders of the inherent risks in participating in Marketing Service Agreements (MSA). Section 8 of the Real Estate Settlement Procedures Act (RESPA) prohibits kickbacks...

Prior to January 2017 real estate agents could be sued when they "knew or should have known" of a hidden defect, misrepresentation, fraud or incorrect statement.  While few would argue against liability for actual knowledge, real estate agents often had to defend...

Today we peel back another layer of the new Real Estate law.  Many real estate agents are confused by SC Code §40-57-370, particularly those agents who only represent a builder, REO or RELO Company as well as those who are not allowed by their brokerage or client to...

South Carolina has adopted a version of the Uniform Power of Attorney Act which became effective January 1, 2017.   The new act, SC Code §62-8-101, governs all Powers of Attorney that are created after January 1, 2017.   While the statute significantly changes the...

While there are many problems with the new South Carolina Real Estate Law that we have chronicled in previous posts, today we examine a good addition to the law that is set forth in SC Code §40-57-350(F). The code provision holds that a real estate agent acting as a...

Many agents have been busy changing their team names and advertising to remove newly prohibited words such as “realtor, realty and real estate.” Starting January 1, the new real estate law codified in SC Code §40-57-360 holds that team names may not contain these...

There has always existed a need for security and maintaining privacy, particularly “Non-Public Personal Information (NPPI),” which is heightened by implementation of the TILA-RESPA Integrated Disclosure Rule (TRID).   With this in mind, the state legislature revised...

The Real Estate Law that becomes effective January 1, 2017 contains a new escrow money requirement that imposes a burdensome duty on the real estate agent. SC Code Ann. §40-57-136(B)(4) holds: "Trust funds received by a licensee in connection with a real estate...