Welcome to Legal

Welcome to the Legal Section of C.A.R. Online, where REALTORS® legal needs are met with the latest information and legal updates.  Our goal is to give our members a competitive edge and minimize legal exposure.  All this information is available through a variety of resources such as our Legal Q&As including our Disclosure Charts, the Legal Blog, Strategic Defense Program and Defense Referral Panel, Legal Action Fund, Realegals®, Board/Association Arbitration Procedures and Forms, Private Mediation and Arbitration information (for your clients), MLS rules and guidelines, and summaries detailing all our Standard Forms. Be sure to check out the Real Estate Resources and Real Estate Regulatory Updates sections for additional real estate law information.  You'll also find summaries of the new laws affecting REALTORS® with links to the actual statutes.

Look below for "What's New" during the last month.  You'll see "Regulatory News," new Legal Q&As, and "What's Hot" announcements.

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Legal Article: This article includes a chart showing the time available to sell a property that is in foreclosure.
Legal Article: New NAR rules lessen MLS compensation advertising restrictions.
What's Hot: LandAmerica and 1031 subsidiary file for bankruptcy protection.
Regulatory News: New rules for recorded message telemarketing calls take effect December 1, 2008.
Regulatory News: NAR says fed's buying of Fannie, Freddie debt great news for homebuyers.
New and Revised Forms: This chart is a quick summary of standard forms released November 17, 2008.
Summaries of the 2009 new federal and state laws affecting the real estate industry including those passed the end of 2008.
Regulatory News: Standard homeowner policies do not cover flood damage.
What's Hot: U.S. Treasury, Federal Reserve and the FDIC Bailout Citigroup
What's Hot: Freddie Mac Suspends All Foreclosure Sales of Occupied Residential 1-4 Unit Homes from November 26th until Jan 9th.
Legal Article: Summary of rights, obligations, security deposit law, pre-move-out inspections, termination of tenancy, and more.
Legal Article: The Licensing Guide covers real estate broker and salesperson licensing issues.
What's Hot: The IRS and FTB provide help for taxpayers affected by the wildfires.
Regulatory News: HOPE for Homeowners (H4H) program to help more distressed borrowers refinance.
Legal Article: This disclosure chart is designed to provide REALTORS® with an easy-to-use reference guide.
Legal Article: This chart is designed as an easy reference guide for required disclosures in lease/rental transactions.
Legal Article: This chart provides the disclosure "trigger," a summary of the disclosure requirement, and the exemptions.
Legal Article: This disclosure chart is intended to assist REALTORS® who sell new residential construction of one-to-four units.
Legal Article: This chart covers disclosures in the sales of residential 1-4 foreclosed property being sold by the lender.
What's Hot: C.A.R. has compiled information for REALTORS® and consumers on current mortgage workout programs.
Regulatory News: NAR, Realtor.Com® set record straight on erroneous FSBO claims.
Legal Article: Includes a summary of the basic real estate legal issues and resources for members and consumers.
Regulatory News: New HUD mortgage rules to change information on the "Good Faith Estimate."
Regulatory News: HUD announces new, permanent FHA mortgage loan limits.
Regulatory News: FHA issues guidelines to deal with the "Buy and Bail" scenario.
Legal Article: A “fictitious business name” is the name a person uses to conduct business if not using his/her own legal name.
Regulatory News: Federal Reserve Board alerts the public to instances of questionable solicitations directed at consumers.
Regulatory News: California Attorney General Brown breaks up foreclosure scam ring.
What's Hot: The federal Virginia Graeme Baker Pool & Spa Safety Act requires anti-entrapment drain devices.
What's Hot: C.A.R. has compiled information for REALTORS® and consumers on current mortgage workout programs.
Legal Article: Summary of rights, obligations, security deposit law, pre-move-out inspections, termination of tenancy, and more.
Contract Law and Real Estate Transactions
Legal Article: Federal withholding on sales of real property--The Foreign Investment In Real Property Tax Act.