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   MAR E-News

 

2014 MAR Legislative Priorities

Despite rising snow drifts and dropping temperatures, the Michigan House and Senate are back in Lansing kicking off the 2014 legislative year this week. While many legislators will be looking ahead to the springtime election season, work continues on many issues, including MAR priorities that are in the midst of working through the legislative process.

Legislation expanding options for real estate continuing education has passed unanimously out of the Senate and is currently awaiting a hearing in the House Regulatory Reform Committee. The MAR continues to meet with legislators and the Department of Licensing and Regulatory Affairs (LARA) to address creating a structure for a seamless transition of certain licensing duties.

Work continues on other MAR top issues, including:
  •   Access to quality, affordable, and accurate tax data;
  •   Maintaining efficient land banks throughout the state;
  •   Preserving the foreclosure process;
  •   And fair property taxation for all Michigan residents.

To hear the latest on legislative issues impacting the real estate industry, make plans to attend the upcoming Political Insight Panel during MAR’s upcoming Achieve Conference. Hear from the top legislative leaders in both the House and Senate on January 24th as they give their perspective on the political climate in Michigan.

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Achieve Early Registration and Group Room Rates Expire Jan. 10

Achieve is only a few weeks away. Have you made your hotel reservations at The Henry in Dearborn? Don't wait any longer. The group room rate expires January 10th! You can also save $30 off a full member registration if you register by this Friday. Make plans to attend MAR's premiere leadership event January 23-24.

Engaging Leaders Building Connections

View SCHED and Speakers

Register Online

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Legal Lines – Limited Liability Companies
 
With the help of McClelland & Anderson, we are taking the most recently asked questions from our legal hotline and putting them in E-news. We will be featuring a different question each issue.

QUESTION: I am a REALTOR® and I am also a member of a limited liability company that owns real estate. The limited liability company plans on selling some of the properties that we own and will list those properties with me. Do I have to disclose that I am a licensed real estate salesperson?

ANSWER: YES. Rule 319(4) states that in selling property owned by a licensee or in which a licensee has any interest, the licensee shall reveal the fact of his or her ownership, in writing, before the offer to purchase is signed. R 339.22319(4). The fact that you hold a membership interest in the limited liability company that owns property constitutes “any interest,” requiring disclosure.

View more frequently asked hotline questions here.

Watch the new MAR Legal Update Video Series. Video #2 – Covenant Not to Compete – Purchase of Assets

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Instructor Lynn Madison – February Professional Standards Training Workshops

MAR is pleased to announce that Lynn Madison will be the instructor for the 2014 Professional Standards Training Workshops. The workshops take place February 5-7 and are approved for 3 hours of Legal CE Credit. Choose from four locations: Kalamazoo, Marquette, Freeland and Novi. Lynn has an extensive background in training, speaking to REALTORS® in over 30 states, including over a decade of appearances at the NAR Annual Conference.

View scheduled workshops and register online

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MAR Edge: UPS Discounted Shipping

Don’t forget, as a MAR member, you can save big every day with UPS. Through our partnership with UPS, you have exclusive access to the UPS Savings Program, which provides MAR members up to a 28% discount on UPS shipping. To sign up for the program click here.

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In this issue:

 

Upcoming MAR Events

Achieve & Reception 5:01
January 23-24, 2014
The Henry
Dearborn
Register Online

Professional Standards Training
February 5-7, 2014
Kalamazoo, Marquette, Freeland, Novi
Register online

Broker Summit
April 23, 2014
Ford Field
Detroit
 
2014 MAR Convention & Expo
October 1-3, 2014
Amway Grand Plaza Hotel & DeVos Place
Grand Rapids

To receive updates on future MAR events, text "mar events" to 25827 to subscribe.*
*Message & data rates may apply.

For more Upcoming Statewide Events, visit the MAR Calendar
 
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MAR Achieve

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Real Estate Radio Today: The Best Year Ever to Buy

Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.

Listen Now

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Michigan Association of REALTORS
http://www.mirealtors.com/
720 N. Washington Ave
Lansing, MI 48906
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