Bay State REALTOR® Law and Ethics
|Legal Realtor: “As Is” Clauses and other Disclaimers|
|Standard disclaimers, such as “as is” clauses, can be effective in certain situations, but do not provide absolute protection from claims for fraud
or for intentional violation of the Consumer Protection Act, Chapter 93A.
|Revised TILA Requirements Now in Effect|
|The new changes to the Truth in Lending Act (TILA) and Regulation Z, which took effect on July 30, 2009, only change responsibilities for lenders and not for Realtors® but the changes may affect loan processing timeframes.|
|Legal REALTOR: New Security Measures Required for Personal Information|
|Massachusetts has enacted a Data Security Law, General Laws Chapter 93H, which requires all persons and businesses with personal information to adopt written policies for protection of information. Real estate brokers and agents who receive such personal information fall within its scope and need to understand this new law.
|Legal Hotline: Environmental Hazards|
|Here are a few recent questions posed on the MAR Legal Hotline, which should
provide some direction on how to deal with complex real estate issues.|
|Improve Energy Efficiency by Offering Carrots, Not Sticks, Say Realtors®|
|MAR Past-President David Wluka testifies in front of Congress
David Wluka a past-president of MAR and a member of NAR’s Global Climate Change Presidential Advisory Group, recently testified before the Housing and Community Opportunity Subcommittee of the House Financial Services Committee. Wluka represented NAR to express support for the approach and overarching goals behind the Green Resources for Energy Efficient Neighborhoods (GREEN) Act, H.R. 2336.|