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Oct 28, 2016
What is the legal definition of a bedroom? I have a listing for a condo in Fairlington Villages that the seller told me had two bedrooms. Upon visiting the condo I did confirm that the owner was using the "second bedroom" as a sleeping area...
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Sep 30, 2016
E-mails and fax advertisements have become common tools for REALTORS®. However, federal law places limits on the use of these tools.
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Sep 30, 2016
In response to the increase in short sales, our regional MRIS just added two pick list items to assist both listing and selling agents. Short Sales has been added under the Current Financing/Loan pick list.
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Sep 30, 2016
How can I tell if someone has a license to practice real estate?
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Sep 30, 2016
Examples of what might qualify for the Citation System
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Sep 30, 2016
The amount paid to a real estate broker or agent must be commensurate with the value of those goods and services.
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Sep 30, 2016
We believe that the extra precautions that require Affiliate members to use a CBS code are an inconvenient but necessary part of our responsibilities for providing lockbox services.
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Sep 30, 2016
A listing entered in the MLS must offer cooperation to all subscribers of the MLS.
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Sep 30, 2016
Sellers expect that all other professionals related to a real estate transaction will be limited to access that is under the control or supervision of the agents.
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Sep 30, 2016
The following guidance is offered for brokers and agents in connection with marketing and sale of property for which flood insurance may be required
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Sep 30, 2016
If the parties are unable to reach an agreement by the end of the Negotiation Period, the Purchaser has an additional period of time to simply void the contract or choose to take the property in its current condition
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Sep 30, 2016
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Sep 30, 2016
A legal bedroom must have two ways to exit: one that leads to the rest of the home and one that leads directly to the outside.
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Sep 27, 2016
The general rule is that you, as a real estate professional, cannot call a person on the Do Not Call Registry unless you have an existing business relationship with the person.
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Sep 27, 2016
First and fore most, in this market, before accepting a listing, an agent should always ascertain a few vital pieces of information.
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Sep 27, 2016
All dealings concerning property exclusively listed, or with buyer/tenants who are subject to an exclusive agreement shall be carried on with the client's agent or broker, and not with the client . . .
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Sep 27, 2016
Most REALTORS® are aware of the anti-kickback provisions of the Real Estate Settlement Procedures Act. "No man shall giveth, Yea, neither shall he receiveth, any thing of value pursuant to any covenant under the heavens that calleth for referrals of settlement services."
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Sep 27, 2016
The rules state the the Card Holder will be granted a revocable license to use the SentriCard in connection with the Holder's normal and customary activities while acting as a real estate agent or appraiser on the terms and conditions set forth in the referenced User Agreement.
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Sep 27, 2016
Article 12 requires that Realtors® present a true picture in their advertising and real estate communications.
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Sep 27, 2016
Disclosure of pertinent facts relating to the property and the transaction must be disclosed by a Realtor® to his client, but because state regulations and the Code of Virginia only disclosure of pertinent facts relating to the property may be disclosed by a Realtor® to a customer.