Article Contracts Legal Real Property 
Housing Wire
MAY 10, 2024
Code of ethics changes In addition to voting on membership dues, NAR’s board of directors also voted to amend Article 4 of the trade group’s code of ethics, in an attempt to clarify Realtors’ obligations when they have ownership interest in a property. represent themselves 2. represent a member of their immediate family 3.
Housing Wire
DECEMBER 8, 2023
Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours.
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McKissock
AUGUST 13, 2021
Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. When should we analyze the contract? Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion.
Cleveland Appraisal Blog
MAY 26, 2023
DEPRECIATION Appraisers will measure the amount that the improvements have depreciated when appraising most types of properties. HIGHEST AND BEST USE Appraisers also must determine the Highest and Best Use of a property. We must determine if the current use is legally permissible. Have a great weekend!
McKissock
SEPTEMBER 20, 2021
To help you out, we’ve put together an overview of Articles 1–13, as well as links to helpful case examples. Keep reading to learn how to improve real estate risk management, and avoid getting into trouble with the law, by putting your clients’ interests first. Overview of NAR Code of Ethics: Articles 1–13.
Housing Wire
OCTOBER 9, 2023
What’s more, Illinois has reciprocity agreements with nine other states, making it an excellent location for starting an exciting, new career in real estate. There are certain differences between being a real estate professional in Illinois and other states, which we’ll look at in this article.
Simonson Real Estate
DECEMBER 6, 2022
Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.
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