Law

Court Bans Landlord Fines, Renter Registration In Hazleton

HAZLETON PA – A federal appeals court ruled Sept. 9 (2010; Thursday) that Hazleton PA could not fine landlords who rent to illegal immigrants, or required prospective tenants to register with City Hall and pay for a rental permit. The court ban against both measures, part of the city’s crackdown on illegal immigrants, is seen …

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New Law Affecting Brokers Could Free Up Escrow Money

HARRISBURG PA – A change to the Pennsylvania Real Estate Licensing and Registration Act, signed into law last Monday (July 6, 2009) by Gov. Edward Rendell, might prevent heartache for future purchasers who find their dream home deal has fallen through. Senate Bill 241, written by Bucks County (PA) state Sen. Tommy Tomlinson and passed …

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Pennsylvania Commission Extends Older Consumer Notice

HARRISBURG PA – In an announcement posted this week (Wednesday, June 17, 2009) on its website, the Pennsylvania State Real Estate Commission said it was extending for three months – until Sept. 15, 2009 – the deadline to implement its new consumer notice. Before the announcement, the deadline had been set for June 15. The …

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June 13 Deadline Looms For Pennsylvania Consumer Notice

HARRISBURG PA – The Big Switch starts next Saturday (June 13, 2009) for real estate licensees in Pennsylvania. That’s when a new Consumer Notice, required by the Pennsylvania State Real Estate Commission to be distributed by agents and brokers to their clients and potential clients, goes into effect. After that date, experts say, distributing any …

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Will Comptroller Office Let Banks ‘Sneak’ Into Real Estate?

WASHINGTON DC – The National Association of Realtors, which has long opposed moves by bankers to sell real estate, says select lenders may soon be able to enter the business thanks to a new ruling by the federal Office of the Comptroller of the Currency (OCC). A division of the U.S. Treasury, the office adopted …

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