August 17, 2019 Legal Updates MAR Legal Hotline
The buyer’s agent is demanding their commission check at closing, but I’m not comfortable paying out funds until the transaction is on record. When is payment due to the cooperating broker?
REALTORS® have access to several programs to help protect them and their business. From legal assistance for cases to providing legal guidance, CCIAOR, as well as the Massachusetts Association of REALTORS® and the National Association of REALTORS®, have your back.
CCIAOR maintains a Legal Action Fund to provide assistance to protect and defend member interests. The fund, through an application process, provides financial assistance to support litigation of significance to the Association or MLS, including matters relevant to the practice of real estate, the operation of real estate associations, ownership and use of real estate, and private property rights.
The Massachusetts Association of REALTORS® Legal Hotline offers authorized callers access to staff attorneys who can assist members with questions about current state and federal laws and regulations, permissible business practices, and important court rulings affecting real estate professionals in Massachusetts. Only authorized representatives of the broker may call the hotline. Contact the MAR Legal Hotline.