Real Estate Law nsbar. Real Estate Law. September 1. New Changes to the Real Estate License Act. Illinois REALTORS worked with the Illinois Department of Financial and Professional Regulation IDFPR to develop and negotiate these important changes for licensees, which simplify and modernize several aspects of the education process as well as new education requirements for leasing agents. When do these changes take effectWhile the legislation is effective Jan. IDFPR rules are finalized. August 8, 2. 01. 7Elderly Clients Lawsuit Continueshttps www. July 1. 1, 2. 01. Illinois REALTORS Lead Way on Much Needed Changes to License Acthttp www. DRlegalnewsJuly. Legal Hotline Closed Until July 1. The Legal Hotline is closed from Friday, July 7 through Friday, July, 1. Monday, July 1. 7. June 1. 3, 2. 01. Illinois Real Estate Office Policy Manual' title='Illinois Real Estate Office Policy Manual' />REALTORS should protect their businesses when signing copyright agreementshttp blog. May 9, 2. 01. 7Type and frequency of non real estate business sales could require more of REALTORShttp blog. April 1. 2, 2. 01. Logos and Trademark Rules. It is important to use NARs membership marksincluding the REALTOR logo and the terms REALTOR, REALTOR ASSOCIATE, REALTORScorrectly and according to the rules outlined in the Membership Marks Manual. Download REALTOR Logos and get information on how to use the logos correctly Read the top 5 things you need to know about using the REALTOR trademarks correctly, then take this quiz to test your knowledge. March 1. 5, 2. 01. Pro Standards Toolkit video explains difference between arbitration and mediation. MCB Policy Manual. Updated 81412 with two changes in the Procedures section XVII. Independent Living Program. East Alton, IL, estate planning attorney, Leonard F. Berg, assists clients with wills, trusts and other estate planning issues. Call our firm at 6182166681. Access Housing Handbooks superseded in full by Single Family Housing Policy Handbook HUD Handbook 4000. Title I Property Improvement and Manufactured Home. MyUIFinancials Resource Page Report distribution for units made easy All your financial information in one place Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act Regulation X and the Truth in Lending Act Regulation Z. Career Development Center A Kentucky Real Estate School. All classes are approved by the Kentucky Real Estate Commission. When it comes to resolving disputes between REALTORS, would you rather use arbitration or mediation In the first Professional Standards Toolkit video, Arbitration vs. Mediation, REALTOR and trainer Diane Disbrow, GRI, CRS, ABR, compares the two options, explaining who makes the final decisions in each scenario, the financial costs, the time needed and the after effects of the decisions. Individuals searching for Real Estate Manager Job Description Career Requirements found the following related articles, links, and information useful. Find out whats right for you. See the video now. February 7, 2. 01. Amendment to the Illinois Lead Poisoning Prevention Acthttp blog. January 1. 0, 2. 01. Code of Ethics and Standards of Practicehttps www. December 1. 3, 2. NAR Board of Directors and Delegate Body Monday November 7, 2. REALTORS took the following actions. Commitment to Excellence Framework Passed. The Board approved the framework of the Commitment to Excellence C2. EX program, an initiative to develop and enhance qualities that reflect the commitment of a REALTOR to ethics, advocacy, technology, data privacy, and customer service. As part of the voluntary program, which is contingent on the approval of funding by the Finance Committee and the Board of Directors, NAR will develop a self assessment designed to measure a REALTORs proficiency in the C2. EX competencies and position him or her for improvement. The program will be made available to members through a website and a mobile app known as C2. EX Central. NAR will cover the full cost of the Commitment to Excellence program and administer it. Former NAR presidents to head CEO search. The Delegate Body approved a Constitutional change to permit the Leadership Team to appoint a committee to identify a new CEO for the organization and select the CEO without requesting approval from the Board. Work begins after the meeting to find a replacement for CEO Dale Stinton, who will retire at the end of 2. President Tom Salomone reported to the Board of Directors and Delegate Body that Chris Polychron, NARs 2. Cathy Whatley, NARs 2. The full search committee will be named in a matter of weeks. Board structure changes. The Delegate Body approved minor changes to the composition of NARs Board of Directors, the first structural changes to that group since 2. Over those 1. 7 years, the industry and the association have seen significant advances, and national membership has grown by 5. In that context, NARs Leadership Team asked REALTORS and association executives from across the country to take a comprehensive look at the composition of the Board of Directors. A presidential advisory group, appointed by President Tom Salomone, recommended a series of Constitutional changes. The most controversial of the amendments, which proposed to change the allocation formula for state and local association representatives to the board, were defeated by the Delegate Body. Quantum Of Solace Game Serial Key. To learn more, read REALTOR Magazines coverage of the board structure changes. Fair Housing. The Board voted to support andor initiate legislative and regulatory efforts that would bar discriminating against people seeking to procure housing based on their sexual orientation or gender identity. The Federal Fair Housing Act protects equal housing opportunity on the basis of race, color, religion, sex, handicap, familial status and national origin, but not on the basis of sexual orientation and gender identity. Appraisals. The Board voted to urge FHA to void its requirement that an appraisal stays with the property for 1. The requirement to keep an appraisal with a property for four months can negatively affect property values in markets where prices are rising. RPACThe Board voted to encourage states and territories to submit their own annual RPAC fundraising goals for the following year. These figures will be used to establish a national RPAC fundraising goal. The Board also decided to simplify the RPAC award system, which will involve the elimination in 2. RPAC award categories with the exception of the Triple Crown and Presidents Club awards. RPAC leaders reported that 3. NAR members, or 3. Also, 1. 00 percent of members who sit on committees and other association boards and entities, participated in the PAC, a milestone for the association. Cultural investment. The Board approved spending 1. NARs sponsorship of the Within These Walls exhibit at the Smithsonian Institutions National Museum of American History in Washington, D. C. The exhibit opened in 2. Ipswich, Mass., to showcase construction methods in Colonial days and celebrate the importance of the home to the generations of families that lived in it. Patent infringement insurance. The Board approved a recommendation by the Legal Action Committee to purchase liability insurance for NAR itself, REALTOR owned MLSs, and state and local associations to protect against patent infringement claims by patent trolls, which profit by seeking fees for use of overly broad patents that they own. Legal assistance. The Board approved spending roughly 2. NAR, a local association and a state association, as follows 1. NARs successful challenge to the validity of a patent a so called patent troll was using to demand fees from real estate companies using certain email listing alert systems. As a result of the challenge, the patent owner, Data Distribution Technologies Inc. St. Louis Association of REALTORS to challenge to the validity of a county rental ordinance. South Carolina Association of REALTORS to help it defend an arbitration decision it made in a commission dispute case. Advocacy grants. The Board approved grants to several state and local associations to support advocacy activities. The Puerto Rico Association of REALTORS received 3. Texas Association of REALTORS received 1. Separately, the Leadership Team reported that REALTOR associations in several high cost areas in California had also received grants to fight rent control proposals, among other things related to escalating housing costs. Recognitions. NAR formally presented Distinguished Service Awards to REALTORS Pat G. Kaplan, GRI, AHWD, e. PRO, of Portland, Ore., and Barbara B. Lach, ABR, CRB, CRS, GRI, PMN, of Columbus, Ohio. DSA award winners have shown exceptional service to the association at all levels for at least 2. November 8, 2. 01. Questions About Mold Disclosure Based on periodic review of all forms and disclosures, Illinois REALTORS has discontinued production of mold disclosure forms and notices.