On June 27, 2016, NAR sent a letter to the Senate Committee on Homeland Security and Governmental Affairs in support of their hearing entitled “Examining the Use of Agency Regulatory Guidance, Part II” held on June 30, 2016. In the letter, NAR describes federal regulatory guidance as a double-edged sword, where guidance may clarify certain aspects of a complex rule or impose burdensome obligations without the safeguards of formal rulemaking procedures.
1. Humphries v. Becker, No. 41897, 2016 WL 275310 (Idaho Jan. 22, 2016)
Seller’s son and daughter-in-law did not serve as seller’s representative in the sale transaction and were not liable for any misrepresentations in the disclosure form, even though they provided information for the form.