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After clearing hurdles in the House and the Senate this week, a federal spending bill goes to the White House for the President’s signature, funding part of the federal government through Fiscal Year 2020, and it includes many important pieces related to real estate that the National Association of REALTORS® worked hard to achieve.
At the National Association of REALTORS® Board of Directors meeting in San Francisco in November, the board approved extending the code of ethics training requirement from every 2 years to every 3 years -- this extends the current cycle deadline from December 31, 2020 to December 31, 2021.
On May 17, NAR filed a motion to dismiss the Moehrl v. NAR lawsuit which we believe demonstrated that the plaintiff's case was not legally viable. In response, the class action attorneys filed an amended complaint on June 14. Find out the latest.
Two recently filed class-action antitrust lawsuits against the National Association of REALTORS® and several major real estate franchisors allege falsely that consumers have no ability to negotiate commissions with real estate professionals.
Earlier in May, the National Association of REALTORS® held their annual Legislative Conference and Mid Year Board Meetings. NAR Board of Director members Doug Azarian, an appointee of MAR, and Aleta Azarian, an appointee of CCIAOR, attended and recapped the conference for the benefit of CCIAOR membership.
