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Automated Valuation Models

August 5, 2014: 

At the May 2014 Board of Directors meeting, the Board approved an amendment to NAR’s MLS Policy Handbook clarifying that MLSs are required to supply participants with the information necessary to create Automated Valuation Models. 

Window to the Law: Antitrust for Real Estate Professionals

July 30, 2014: 

NAR Associate General Counsel Ralph Holmen explains antitrust law and how to avoid unlawful conduct.

Prior Murder Is Not a Material Defect

July 30, 2014: 

Pennsylvania's highest court rules that an earlier owner's murder/suicide on the property did not need to be disclosed.

Buyer Sanctioned for Frivolous Lawsuit

July 23, 2014: 

Homebuyer’s unjustified nondisclosure suit against broker and seller merited $60K in sanctions plus costs of appeal, says court.

Liability of Dual Agent Upheld

July 16, 2014: 

Ohio court finds that evidence supported jury verdict that dual agent failed to properly advise client about certain conditions on the property.

Independent Contractor Status Frequently Asked Questions

July 8, 2014: 

Frequently asked questions regarding worker classification of real estate agents by brokerages, compiled by NAR's Legal Affairs department.

Window to the Law: Worker Classification for Real Estate Professionals

July 2, 2014: 

This video gives an overview of the legal distinction between an “independent contractor” and an “employee” and discusses various state and federal laws concerning this distinction that pertain to real estate professionals.

Affiliated Businesses Land in RESPA Hot Water

July 2, 2014: 

Large broker with affiliated title company fined $500K for failing to comply with RESPA.

Canada's New Email Rules

July 2, 2014: 

As of July 1st, 2014, Canada has new requirements for senders of commercial emails sent to or within Canada that differ from the U.S. requirements.

"Coming Soon” – Is it in the Seller’s Best Interest?

June 16, 2014: 

A broker’s decision to market a seller’s property as “coming soon” must always be made based on the client’s informed determination of what best serves the client’s interests. NAR General Counsel Katie Johnson further explores the topic.

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