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    • ARDELL: Usually Boards do not need the owners’ approval to increase dues as needed within a certain annual increase cap. Changing the CC&Rs to add new...
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Tag: SOC

Not showing a less-than-3% SOC commission? That’s unethical and illegal

This is not legal advice. For legal advice, consult an attorney directly, not a blog.
It’s common knowledge (based on those comments, at least) that some buyer’s agents will not show properties with an SOC of less than 3%. Is that a problem? In a word, Yes.
First, the ethics: The term “ethics” in this context refers [...]

Posted: June 11th, 2008 under Buyer Information, General Real Estate, Legal Issues, Real Estate Law, Seller Information.
Tags: , ,
Comments: 72