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This Week's News
Affiliate's Corner - Domestic Partnership and Dissolution
Frederick City Looks at New Regulations for Open House Signs
Important News on Flood Recovery in Frederick County
Informed Professiona Classes in June
Don't Forget: BBQ FUNdraiser
Commercial Committee Lunch & Learn
Summer Kickoff Breakfast
Breaking Up is Hard to Do...
What Happens to Jointly Held Property?
Part II - Domestic Partnerships and Dissolution
One of the ultimate gifts that you can give someone is an interest in real estate. If you are married, you own property with your spouse as Tenants by the Entirety (unless expressly stated otherwise), but what about unmarried couples? People often add their significant other to title to real estate that they are buying or already own as a gesture of love and commitment. It should come as no surprise that relationships sometimes go sour, people break up, and those well-meaning individuals often regret adding their ex to title when they learn the cost of removing them. What should you (or your client) consider before adding a boyfriend or girlfriend to title? Be proactive and find out here.
Read on to learn about the two options for non-married couples to hold title to property. Be a valuable resource to your clients by understanding what can go wrong and what the requirements are.
*Brianne Paugh is an Attorney with Village Settlements, Inc. and The Law Offices of Parker, Simon, Hahn & DeLisi, LLC, in Frederick, Maryland, and is an Adjunct Professor of Real Estate Law at Frederick Community College. Questions? Reach out to Brianne at 301-698-9300.
Two new features have been added for more efficiency:
- Touch ID and Facial Recognition
- Agent Safety
Android and iPhone users will now have the ability to set up Touch ID and Facial Recognition to quickly and easily access your most used functions. You are able to use the new recognition feature in place of your PIN to help you be more efficient.
You can also use the new touch ID with the agent safety feature. When using SentriSmart® to open a Lockbox, the Agent Safety Feature will launch. This feature will automatically alert your designated emergency contacts when you do not or cannot confirm you are safe.
Open House Signs in Frederick
On May 30, the City of Frederick Board Of Alderman held a workshop to review a draft of new sign regulations. The City is revising its ordinance based upon a decision by the U.S. Supreme Court that localities must treat all signage the same, regardless of content. What this means in practical terms for real estate agents is that the exemptions previously granted to directional and open house signs in the public right of way will no longer be allowed.
FCAR has submitted comments to the Board which outline our concerns and potential impacts that eliminating off-site signage will have on the industry and home sales within the City. We have also offered potential amendments under which off-site signage could be allowed and still comply with the court ruling.
How would the loss of directional and open house signs impact your business? Email FCAR to share your thoughts. They may be used in our future communications with City officials on this matter.
Flood Recovery: Don’t Get Hosed!
The Frederick County Division of Emergency Management is collecting information from County residents and businesses and non-profit organizations on damage and losses suffered as a result of the flooding. The information provided will compiled into a Preliminary Damage Assessment which will be used to help the Federal Emergency Management Agency determine if the county is eligible for any types of federal disaster assistance.
Even if you believe your losses are covered by insurance, please submit your information.
The County is also warning of the potential for scams related to flood recovery. Common scams involve individuals posing as government officials with promises of disaster funds, grants, or soliciting donations for charity. In any of these cases, do not give money or personal information unless it is clear the person is a legitimate service provider. Information on available assistance will be well advertised in local media, on the county’s social media accounts and on the flood recovery website page: www.FrederickCountyMD.gov/Recovery.
Informed Professionals Classes
The Community Service Committee BBQ FUNdraiser is SOLD OUT!
Don't forget to stop by the FCAR office to pick up your tickets!
Commercial Agency VS Residential Agency - What's the Difference?
Special Summer Kickoff Breakfast
This is a One-Time Special Meeting
Upcoming CE Classes
- Loan Programs & Local Assistant Programs
- How to Sell a HUD Home
- Reverse Mortgage - Purchase Another Home the Right Size
- MREC Required Supervision
- Fair Housing
- Code of Ethics
- Legal Update
- MREC Required Supervision
- Commercial vs. Residential Agency
- A Guide to Indoor Air Quality
- Veteran's Affairs Financing
- Short Sale and Foreclosure Certification
- MRP - Military Relocation Professional Certification
- ABR - Accredited Buyer's Representative Designation
- and More...
FCAR has a Private Facebook Group!
For FCAR Members - Realtors and Affiliates
Our Facebook group is the perfect place to join the conversation:
- Need a referral for a professional? Cleaning company...rental management...roofer...plumber...you name it.
- Looking to hire? An assistant...a bookkeeper...marketing manager...
- Need to promote a committee project or event?
- Got a burning question? The FCAR Facebook Group is the perfect place to Start a Conversation!
Click to Join:
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