by Heather | Sep 7, 2017 | C.A.R., Legal, TSBOR, TSMLS
C.A.R. Legal Tools offers dynamic, concise, and engaging legal material to help you, your office, and your clients quickly and easily understand key legal issues pertaining to real estate. Additional content is released monthly – watch your inbox each...
by Heather | Mar 15, 2017 | C.A.R., Legal, TSBOR
Although it is only February 2017, it is time to start thinking about the new advertising standards taking effect January 1, 2018. AB 1650 makes significant changes to Business and Professions Code § 10140.6 expanding what must be included in advertising materials,...
by Heather | Mar 8, 2017 | C.A.R., Legal, TSBOR, TSMLS
To collect a commission for selling real estate, the statute of frauds requires the agreement to be in writing and signed by the party to be charged. This means that any seller who has not signed the listing would not be liable to pay a commission. But what if...
by Heather | Dec 15, 2016 | C.A.R., Legal, TSBOR, TSMLS
In a case much watched by the real estate industry, the California Supreme Court ruled that a salesperson working with a seller owes a fiduciary duty to disclose material facts to the buyer in the transaction when both the buyer’s and seller’s salespersons are...
by Heather | Oct 26, 2016 | C.A.R., Legal, TSBOR, TSMLS
This summary provides only a sampling of the more significant laws affecting REALTORS®. For a more complete list, please see our “2017 New Laws” posted at car.org. Laws Effective Immediately Team Name Advertising, Broker’s License Number is Optional: As of August 30,...
by Heather | Oct 19, 2016 | C.A.R., Legal, TSBOR, TSMLS
The District of Columbia Court of Appeals has ruled that the “concentration of enormous power” in the hands of a “single, unaccountable, unchecked director” is unconstitutional and has, among other things, struck from the Dodd-Frank Act a clause that...
