Legal Portal

The NVAR Legal Team will post videos, news and FAQ articles to keep you up to date about Advertising, General Contracts and other issues. If you have further questions, please contact our Professional & Legal Education and Services Department by using our Legal Hotline.

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Beginning on August 9, 2023, Bright MLS will update its Listing Entry system to allow for its users to enter any amount into the compensation field, including $0. For REALTORS® concerned that this change will cause a ripple effect in the market, remember that until this update, Bright MLS allowed for offers of compensation as low as 1 cent.

Everything you need to know about the new requirements for requesting and delivering resale certificates for homeowners' associations and condominiums, coming July 1, 2023.

In November 2020, the Board of Directors of the National Association of Realtors® (“NAR”) adopted an update to Article 10 of the Realtor® Code of Ethics (“Code of Ethics”). This update provided a new Standard of Practice (SOP 10-5) that went into effect immediately and states: