Articles
Seller Financing and Private Third-Party Financing Under the Dodd-Frank Act
The Dodd-Frank Act (“Act”) limits the situations in which seller-financing and/or private third-party financing may make take place. Under the Act, any person who offers …
The Vacation Rental Act (SC Code §27-50-210 et seq.)
A “vacation rental” refers to a rental period of less than 90 days in duration. Most commonly, “vacation rental” situations are weekly rentals of a …
Short-Term Rentals (Managed)
NOTE: Even though “short-term” can refer to any rental period of 90 days or less, this memo deals only with true vacation rentals in which …
Short- Term Rentals (Unmanaged)
NOTE: Even though “short-term” can refer to any rental period of 90 days or less, this memo deals only with true vacation rentals in which …
Long-Term Leases (Managed)
Things to Know: The Management Agreement will continue to control after closing. If the buyer wishes to have another company manage the property, the buyer …
Long-Term Leases (Unmanaged)
Things to Know: The buyer steps into the seller’s shoes as landlord. This means the buyer will be: a) subject to a claim by the …
Agent on the Street
We salute and serve the Agent on the Street by answering his occasional call to inquire about a unique point, address an odd wrinkle or simply do some double-checking – here he can ask questions anonymously for the benefit of other agents and whatever betterment it may bring to the real estate profession.
