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Commission Guidance : Recent Settlement and South Carolina Law
South Carolina Real Estate Commission
South Carolina Real Estate Commission
Abstract
In August of 2024, a settlement agreement involving the National Association of Realtors, among other defendants, went into effect. The Commission takes this opportunity to remind South Carolina licensees that at the first practical opportunity, they must provide the following to all potential buyers and sellers with whom they have substantive contact: (1) a meaningful explanation of brokerage relationships in real estate transactions that are offered by that real estate brokerage firm, including an explanation of customer and client services; and (2) the Commission-prescribed “Disclosure of Brokerage Relationships” form.
Issue Date
2024-10-25
Keywords
Real estate business--Law and legislation--South Carolina, National Association of Realtors
Type
Document
Rights
Records, documents, and information made available by the agencies of the South Carolina state government or its subdivisions are made accessible through the South Carolina State Library Depository and are protected under U.S. Copyright law (Title 17, U.S.C.) and South Carolina state law (Title 30 and 60, S.C.C.L.). Distribution rights are determined by the agency or author and users should contact the aforementioned for more information.
Digitization Specifications
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