by Gary Pickren | 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 Gary Pickren | 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...
by Gary Pickren | 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 Gary Pickren | 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 Gary Pickren | 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 Gary Pickren | 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...