Legal Resources Center

Welcome to VAR’s Legal Resources Center! The Center is designed to keep you updated on legal issues relevant to their real estate practices and reduce their exposure to risk. The Legal Resources Center includes:

MARS Rule Q&A and other resources
If you work with clients who are doing short sales, thinking about short sales, or who you believe should be thinking about short sales, the Federal Trade Commission might be interested in you. You might not realize you're engaging in what's considered mortgage-relief counseling -- when you cross the line from helping someone do a short sale to giving them advice about it.

If you cross that line, you enter the world of FTC's regulations. Make sure you're covered.

VAR's Short Sales Resource Center
Short sales have become common transactions for most Realtors®.  These lengthy transactions are always a challenge to take on. But those Realtors® who have rolled up their sleeves are realizing the benefit of gaining expertise on these time-consuming transactions.  The end result is better service to your clients and better business for you in a trying market. This is your one-stop-shop to access a variety of resources to make you an expert on short sales and other complicated and distressed transactions. 
VAR's Legal Hotline
The Hotline, a top rated VAR service, is a free risk management tool that offers registered broker members and their designees timely legal information on day-to-day issues they confront in their real estate practices.
Hotline Answers Archive
Our Hotline attorneys have heard just about everything!  Now you can access their categorized answers to common legal questions.  Before you call the Hotline, or if it's after hours, check here.  Your answer may be a few clicks away.    

25 Common Legal Hotline Questions & Answers
One of our most important jobs at VAR is helping to keep you on the right side of the law. That's why we offer brokers access to our Legal Hotline and Legal Resources Center. They call with questions, we give them answers. Often, though, they call with the same questions as someone else – the so-called frequently asked question. If so many people want to know this, we thought, we should compile them into a single document. Now all agents can read the results.

VAR Legal Articles
You may know the rules, but are you sure you understand how to put them into practice?  Here you can access in-depth discussion on a variety of real estate-related legal topics, including earnest money deposits, short sales, RESPA, ethics, and more.
 The Code is Good Business
The Code is Good Business site is your best online resource for practically applying NAR's Code of Ethics in your business.  The Code is an integral part of what makes a REALTOR® an asset to his or her clients.  Take advantage of the site case studies, Straight Talk lessons and blog to ensure your business and clients are both protected and profitable.
NAR Legal Resources
Your REALTOR® membership provides you with a wealth of expert legal information in a variety of formats.  Visit this link to find valuable information for both you and your clients, including podcasts, brochures, articles, and much more.