Legal Issues

Protect your personal information and reputation online

September 27, 2011
By
Andrew Wooten

According to nationally recognized safety and technology expert Andrew Wooten, Realtors® need to make some major changes in the way they use social media and protect themselves in this ever-changing technology-driven world.
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Posted in Legal Issues, NAR, Social Media, Technology | No Comments »

New rules could affect business practices of many Realtors®

August 26, 2011
By
Recordkeeping

Along with forbidding misrepresentations by a broad group of entities, including real estate agents and brokers, the rules also impose a new recordkeeping requirement that could affect the daily business practices of many Realtors®.
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Posted in Industry News, Legal Issues | 3 Comments »

PAR to offer discounts on paper forms

August 22, 2011
By
signing form

This sale is the first step in PAR’s process of moving to an exclusively electronic forms delivery method.
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Posted in Association News, Standard Forms | No Comments »

Can Realtors® exclude an MLS participant from compensation?

August 18, 2011
By
exclude

Realtor® A is about to enter a property into the MLS. The sellers, however, have a slight problem with Realtor® B, who happens to be one of their neighbors. Realtor® B was the listing agent at the time the sellers purchased the property and they believe she misrepresented certain conditions. They were vindicated when...
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Posted in Industry News, Legal Issues | 7 Comments »

Who owns that photo?

August 17, 2011
By
taking photo

When you take a picture you automatically have a copyright for the picture. That copyright covers a “bundle” of rights that you can control. You can give away some of the rights, sell some of the rights or just keep them all to yourself. If you’ve ever used a photograph with a Creative...
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Posted in Industry News, Legal Issues | 6 Comments »

Two minor changes made to Agreement of Sale

August 15, 2011
By
signing_form

The first change to PAR’s Agreement of Sale is the addition of a new paragraph 9 called Change in Buyer’s Financial Status. This new language requires a buyer to inform a seller if the buyer’s financial status has changed in any way that would affect the buyer’s ability to purchase the property.
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Posted in Standard Forms | 15 Comments »

Forget the x?!& adjectives

August 4, 2011
By
E000392

Inspection reports, comparative market analyses, appraisals, studies, assessments, etc. are not good, bad nor indifferent. They are factual and need to be assessed carefully by the ultimate user, the buyer.
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Posted in Legal Issues | 4 Comments »

Changes require community fees disclosure in manufactured home sales

July 28, 2011
By
OLYMPUS DIGITAL CAMERA

Recent changes to the Manufactured Home Community Rights Act affect Realtors® and transactions involving manufactured homes (also known as mobile homes).
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Posted in Industry News, Legal Issues | 2 Comments »

Recommend buyers check PA Megan’s Law registry

July 21, 2011
By
Law and Order

A recent decision by the Pennsylvania Supreme Court has basically invalidated local ordinances that restrict where sex offenders can live throughout the state.
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Posted in Industry News, Legal Issues | 4 Comments »

Thursday, Feb. 9, 2012

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