While there are ways to reduce liability using a variety of contract clauses, it’s impossible to eliminate all of it. Drafting contract clauses requires detailed knowledge, skill and research.
A listing broker did not provide legal advice but got in trouble with the Code when they failed to affirmatively recommend the buyer consult their own attorney.
The FTC’s rule will be effective beginning in mid-August. NAR is currently reviewing the rule and its impact and will provide updates.
MLSs and brokerages seeking to be released under the settlement agreement must act by June 18, NAR said.
Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.
Read a special digital supplement of Realtor Magazine with important content that dispels misinformation and myths about the proposed settlement.
Many business entities, including those formed to provide real estate services, must comply with a new federal reporting requirement.
Florida Realtors’ legal team will discuss the proposed NAR settlement of the antitrust litigation during a live online video meeting on Thursday. Realtors are encouraged to submit questions in advance.
NAR issued a statement following inaccurate media coverage that included the false representation or suggestion the association requires a 6% commission.
New and updated forms are available in Form Simplicity, a Florida Realtors member benefit.
