Don’t Forget Your 1099!

Posted on January 22, 2015 by Lauren Streiff

Have you paid (or earned) a cooperative commission in the last year? Then you’ll need to complete Form 1099-MISC in the coming weeks. Commissions over $600 paid to non employees warrant the need to for the 1099. Not sure who needs to file? Here is more information via NAR: IRS Requires Reporting of Cooperative Commissions […]

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Prepossession and Post Possession Risks

Posted on January 21, 2015 by Nikki Salgat

Prepossession and Post Possession agreements carry inherent risks and raise a variety of issues. However, there are times that a buyer would like to move into the property before close of escrow (prepossession) or the seller would like to stay in the property following close of escrow (post possession). For instance, the buyer’s lease may […]

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Best Practice Use of the HOA Addendum

Posted on January 16, 2015 by Lauren Streiff

The newly revised H.O.A. Condominium / Planned Community Addendum (HOA Addendum) is scheduled for release on Monday, February 2, 2015. With the revision comes a change in the way the HOA Addendum is used. Accordingly, this article is intended to educate REALTORS® on best practices in using the new HOA Addendum. Before discussing the use […]

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H.O.A. Condominium / Planned Community Addendum – Frequently Asked Questions

Posted on January 16, 2015 by Lauren Streiff

As of February 2, 2015, the Risk Management Committee released an updated H.O.A. Condominium / Planned Community Addendum. For more information on the form see our introduction here or our best practices here. Q: Why did the Risk Management Committee believe it necessary to revise the H.O.A. Condominium / Planned Community Addendum (the “HOA Addendum”)? […]

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Marketing Services Agreements; What Agents Need to Know

Posted on January 15, 2015 by Scott Drucker

Do you engage in joint marketing with title companies, lenders, mortgage brokers or other real estate professionals? If so, you are now the focus of the Consumer Financial Protection Bureau’s (CFPB) most recent enforcement actions. In an effort to grow their business and expand their marketing endeavors, many REALTORS® elect to partner with other real […]

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To Rent or Not to Rent

Posted on November 24, 2014 by Nikki Salgat

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Avoid a RESPA Violation With Your Marketing Services Agreement

Posted on November 20, 2014 by Nikki Salgat

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Reminder: EPA rule requires certified renovators

Posted on November 19, 2014 by

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Broker Survey of Common Claims Issues

Posted on November 19, 2014 by

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Planning to practice real estate in 2015?

Posted on November 14, 2014 by Scott Drucker

Among the many issues that the 2015 AAR Risk Management Committee will address are changes to the closing process that the Consumer Financial Protection Bureau will implement on August 1, 2015. Under the guidance of 2015 Risk Management Committee Chair, Martha Appel, AAR will join with the National Association of REALTORS® and title companies across […]

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