Legal

LIBOR's Legal Department helps members stay up-to-date on the latest issues and policies that affect your business. Explore our Legal section to find valuable legal tips, information and many articles of interest.

LIBOR Exclusive Member Legal Tips

View exclusive member Legal Tips provided by LIBOR's Legal Counsel for valuable risk management information and best practices to help you stay in compliance and safeguard your business.

New York’s Cold Call Ban Remains in Effect and Violators Can Face Increased Fines

Sep 20, 2023 2 min read

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Rethink the Way You Talk About Your Compensation

Sep 13, 2023 2 min read

Legal Tip: Filing a Timely Request for Arbitration

Sep 6, 2023 2 min read

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How to Explain the Benefits of Working with a Buyer’s Agent

Aug 30, 2023 2 min read

Recent Million-Dollar Penalties Signal Need to Avoid RESPA Violations in Marketing and Promotion

Aug 23, 2023 3 min read

Beware of an Increase in Rental Scams

Aug 15, 2023 2 min read

Vacant Land Scams Continue to Rise

Aug 9, 2023 2 min read

Be Careful When Using Escalation Clauses

Aug 2, 2023 3 min read

The Benefit of Promoting the Value REALTORS® Bring to the Transaction

Jul 26, 2023 1 min read

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New York Rental Application Fees Are Limited to $20

Jul 19, 2023 2 min read

Best Practices When Dealing with Multiple Offer Situations

Jul 12, 2023 2 min read

Service and Emotional Support Animals - They are Not Pets

Jul 5, 2023 2 min read

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Broker Risk Management

LIBOR provides real estate brokers information and resources to help them learn how to recognize business risks and stay up to date on industry legal changes.

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Dispute Resolution

Long Island Board of REALTORS® Professional Standards Department offers its members and their clients services regarding disagreements over the details of a real estate transaction.

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Legal Assistance

The Long Island Board of Realtors®, Inc.'s (LIBOR) Legal Assistance Committee oversees the Legal Assistance Program and assesses eligibility for financial assistance from LIBOR's Legal Assistance Fund. LIBOR Members may apply to the Legal Assistance Program for financial assistance to cover legal fees, costs, and expenditures in specific instances that meet certain criteria established by the LIBOR Board of Directors.

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Legal Resources

Department of State Resources

Legal Videos/Slides

Licensing

Legal Documents

DMCA Guidance

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Legal Hotline

LIBOR is partnering with the New York State Association of REALTORS® (NYSAR) to utilize their Legal Hotline.

Members of LIBOR should now call
518-43-NYSAR (518-436-9727) with any legal questions.

The Legal Hotline, a free member benefit, is available from 9 a.m. to 4 p.m., Monday through Friday, excluding holidays and during official NYSAR functions.

Visit NYSAR