Law and Policy
What's New
Franchisor Collects Damages from Former Franchisee
(Mar. 17) New York court makes an award to Century 21 after its former franchisee continued to promote itself as a franchise office following termination.
Broker Has No Duty to Resolve Commission Dispute
(Mar. 3) New York court rules that broker did not have an obligation to address commission claims made by previous broker.
IRS Requires Reporting of Cooperative Commissions
(Jan. 7) Listing brokers are required to file a 1099-MISC for all real estate commission payments made in excess of $600.
Price Increase or Unearned Fee? How to Protect Your Bottom Line
Read an article by NAR's General Counsel discussing a recently decided RESPA case and how this decision could impact the fee structure used by your brokerage firm.
New Videos Aid Brokerages with Risk Management
NAR's Risk Management Committee has produced three videos covering risk management planning, identity theft, and lead-based paint.
Insurance Program Documents Mailed to Associations
(Jan. 6) The 2010 policy and other documents for NAR's Professional Liability Insurance Program for Associations of REALTORS®, MLSs, and NAR Institutes, Societies & Councils were mailed out earlier this week.
February Podcast: Soft Money Restrictions Lifted
(Jan. 28) NAR Associate General Counsel Ralph Holmen reviews the impact of the Supreme Court decision.
Model Letter for MLSs to Enforce New Membership Requirement
NAR has created a letter that MLSs can use when contacting participants who may not meet the requirements of the new rule.
Featured Content
2009 Legal Seminar Notebook
Access the seminar presentations and documents on litigation, association policy, legislation/regulation and much more.
Ethics Training Quick Reference Guide
Here's a one-stop tip guide for taking the free, online Code of Ethics training course.
Code of Ethics Video Series
The fastest and newest way to learn about the NAR Code of Ethics, these videos focus on what separates you, as a REALTOR®, from other real estate professionals.
Mortgage Fraud: Recognizing the Signs
Read about the increasing dangers real estate brokers face from mortgage fraud by reading a new brochure from NAR's Risk Management Committee.
