Members can login at 9:30 a.m. Thursday, Dec. 15 for the final Illinois REALTORS® Legal Webinar of 2016, “Recent Case Reviews, Legislation and Year-end Items.”
Join Illinois REALTORS® Legal Helpline Attorney Jeff Baker and Legal Hotline Attorney Betsy Urbance for this free, member-only benefit. Space is limited, so login and join the webinar promptly, either by WebEx or by phone.
U.S. Supreme Court Building (Bigstock Photo)
Nearly 130 Illinois REALTORS® participated in Thursday morning’s Legal Webinar titled “Rules Revisions and Illinois REALTORS® Forms Updates.”
Legal Hotline Attorney Betsy Urbance and Transaction Helpline Attorney Jeff Baker noted that the number of members participating was nearly twice the normal number.
They kicked off the webinar with an explanation of the U.S. federal appeals court decision earlier this month in the case of PHH Corp. vs. the Consumer Financial Protection Bureau regarding Section 8 of RESPA. Among other things, the decision overturned a kickback enforcement action by the CFPB last year that included a multi-million-dollar fine.
The CFPB, said Baker, ruled that PHH had received kickbacks from referrals for mortgage insurance to one of its affiliates even though no money was ever received by PHH. The federal appeals court disagreed completely with the CFPB’s substantive arguments and cited constitutional issues with the agency’s structure. The CFPB is expected to appeal to the U.S. Supreme Court.
For more information on this issue, read a recap of the case by the National Association of REALTORS®.
It is just one of several subjects discussed during the webinar.
For more information on this member-only benefit, REALTORS® can log in and download the webinar or listen to the audio-only version.
Make plans now to join the Illinois REALTORS® Legal Webinar at 9:30 a.m. on Thursday, Oct. 20, for a discussion of revisions to rules under the License Law, Illinois REALTORS®’ forms updates and other hot topics.
This event will be led by Legal Hotline Attorney Betsy Urbance and Transaction Helpline Attorney Jeff Baker. Space is limited, so members are encouraged to login and join the webinar promptly, either by WebEx or by phone. Get the details.
In the September edition of DR Legal News for managing brokers, John Kauerauf of Sorling Northrup Attorneys shares some good reasons for making REALTOR® websites accessible to people with disabilities.
In Does the Law Require My Website to be Accessible to Those With Disabilities? he says Illinois REALTORS® who want all members of the community to become fully aware of available properties and services can show a good faith effort to enhance their websites.
Kauerauf says it is not clear whether the Americans with Disabilities Act would give a viable claim to Illinois consumers who claim their disabilities prevent full access to a broker’s website because no Illinois court has yet addressed this question. But anticipating that this could be on the legal horizon, he provides 12 guidelines brokers might consider. The guidelines are from the Web Accessibility Initiative of the World Wide Web Consortium.
Read about this topic and more in the September DR Legal News.
D.R. Legal News is published online six times a year in a downloadable PDF format that is emailed to all Illinois REALTOR® members who are the Designated REALTOR® (or D.R.) for their real estate office. Be sure to watch and open all email from “Illinois REALTOR® Communications” or the “Illinois REALTORS®.”
Did you know that on Monday, when new Federal Aviation Administration rules take effect, it will be cheaper for real estate professionals to operate a drone for commercial purposes?
According to a video produced by the National Association of REALTORS® (“Window to the Law: FAA Issues Drone Rules”), REALTORS® will be able to purchase a “Remote Pilot Certificate with a Small UAS Rating” for about $150 rather than pursuing a more expensive pilot’s license.
Other FAA rule changes will require drone operators to keep the device in sight at all times and prohibit night operation. Want to know more? See the presentation by Lesley Walker, senior counsel with the NAR.