Wire Transfer Fraud Scams Are on the Rise

Posted on April 14, 2016 by

In May 2015, AAR published an article regarding hackers committing wire transfer fraud in Arizona. Since that article, wire transfer fraud scams are on the rise nationwide. Due to the influx and severity of the scams, the Federal Trade Commission (FTC) and National Association of REALTORS® (NAR) have increased their efforts to warn the public […]

Continue Reading »

Rejecting Prospective Residents Based on Criminal History May Violate Fair Housing Laws

Posted on April 13, 2016 by Lee Cooley

Throughout the United States, individuals with criminal records, regardless of whether they pose little or no threat, face significant barriers when seeking to buy or rent a home. Amazingly, between 70 million and 100 million Americans, or as many as one in three American adults, have some type of criminal record. And while many have […]

Continue Reading »

Proper Use of Section 1d of the Residential Purchase Contract

Posted on February 25, 2016 by Lee Cooley

Generally speaking, a contract is an agreement with specific terms between two or more persons or entities in which there is a promise to do something in exchange for a valuable benefit known as consideration. Although it may seem obvious, an essential element of a valid contract is that all parties agree on all major […]

Continue Reading »

Sellers Opening Their Homes to Strangers

Posted on January 8, 2016 by

In the Bullhead City area, there have been reports of unaccompanied consumers knocking on doors at listed properties. Reportedly, these individuals identify themselves as interested buyers and falsely claim that they have been unable to contact the listing agent. They then ask to be let into the home, so that they can view the property. […]

Continue Reading »

Arizona Registrar of Contractors Licensing Requirements

Posted on November 20, 2015 by

Courtesy of the Arizona Registrar of Contractors Just as an individual working unlicensed as a real estate agent negatively impacts the livelihoods of licensed agents and poses untold financial and safety risks for the public, contracting work performed by unlicensed entities poses devastating effects on the safety and welfare of the public and livelihoods of […]

Continue Reading »

Help Protect the Value of Being a REALTOR®

Posted on October 29, 2015 by Nikki Salgat

The Arizona Association of REALTORS® (AAR) holds the copyright and exclusive right to AAR branded forms. Protection of this copyright is of critical importance to all REALTORS®. “If a member of the public desires to use an AAR form, we want them to hire a REALTOR® who has the knowledge and understanding of that form,” […]

Continue Reading »

TRID Forms Webinar – Review of AAR Revised TRID Forms

Posted on September 18, 2015 by

This overview of August 2015 changes to AAR forms to comply with the October 3, 2015, implementation of TRID rules. This webinar is hosted with Martha Appel, Vice President & Designated Broker, Coldwell Banker Residential Brokerage and 2015 AAR Risk Management Committee and with Scott Drucker, Esq., AAR General Counsel.

Continue Reading »

MLS Connect & TRID Forms

Posted on September 11, 2015 by

To view the contents of this post, you must be authenticated and have the required access level.

Continue Reading »

AAR Mediation Program Intact Despite Rule Changes

Posted on September 10, 2015 by Nikki Salgat

In January of this year, a petition to amend Rules of the Supreme Court was submitted to the Arizona Supreme Court. Included in the petition was a recommendation to revise Rule 31, which addresses mediators. Pursuant to the petition, the proposed changes would “clarify the status of mediators.” The significant proposed changes included the following: […]

Continue Reading »

Compliance with Fair Housing and Assistive Animals

Posted on September 8, 2015 by Nikki Salgat

The Fair Housing Act (FHA) is applicable to nearly all types of housing. Under the FHA, housing providers are obligated to permit, as a reasonable accommodation, the use of animals that work, provide assistance, or perform tasks that benefit persons with disabilities, or provide emotional support to alleviate a symptom or effect of a disability. […]

Continue Reading »