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OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

Law & Ethics


A federal appeals court has ruled that a lawsuit alleging RESPA violations against a major lender can move forward even though the borrower who filed the suit wasn't overcharged.

Resources are available to answer your questions about the new settlement rules.

A brokerage must cancel its use of a logo because it's likely to be confused with the RE/MAX symbol.

A lender has to pay a broker’s commission after waiting too long to nix a short-sale transaction.

When the Code of Ethics sets a higher standard than your state license law, follow the Code.

Sales associates are increasingly leveraging their expertise in preparing broker price opinions into a lucrative sideline by selling the service to third parties like lenders and attorneys.

Connecting yourself to a sale you weren’t involved in is a marketing no-no.

Even though the buyer’s engineer missed some damage, you still have to disclose what you know.



Ethics: Changing With the Times

Updates to NAR’s Code of Ethics reflect changing business realities. See what amendments you should be aware of for 2010.

 




Legal Affairs Podcast


NAR’s Law & Policy staff brings you new podcasts every month covering the hottest legal issues that affect real estate professionals. (REALTOR.org login is required)







If you’re stumped about whether a particular fact is important enough to share with prospective buyers, it’s best to err on the side of disclosure. The legal risks are simply too great.

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