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.

NOTICE: The information on this page may not be current. The archive is a collection of content previously published by Long Island Board of REALTORS® (LIBOR). Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. LIBOR disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

Reminders on Fiduciary Duties in Real Estate
Jun 1, 2023 2 min read
When it comes to fiduciary duties in real estate, you must put your client’s best interest ahead of your own in all aspects of your real estate relationship.
Making Your Real Estate Office ADA Compliant
May 25, 2023 2 min read
The Americans With Disabilities Act (ADA) makes it unlawful to discriminate against people with disabilities
NY DOS Requirements: Broker Permission for Real Estate Agent Websites
May 18, 2023 2 min read
In accordance with the New York State Department of State (DOS) Advertising Regulations, real estate agents must seek permission from their brokers before establishing and managing a website.
Limiting the Risks of Using ChatGPT in Your Real Estate Business
May 11, 2023 3 min read
Many real estate professionals have turned to Artificial Intelligence like ChatGPT to help them automatically generate listing, advertising, and marketing content.
New Flood Disclosures Required in All Residential Leases Starting June 21, 2023
May 3, 2023 2 min read
Effective June 21, 2023, new Section 231-b of the New York Real Property Law requires all residential leases to provide notice of the flood risk and flood history
Warning! Vacant Land Sale Scams are on the Rise
Apr 27, 2023 3 min read
Reports of vacant land sale scams are on the rise across the country, including on Long Island.
Employers & Brokers with One or More Employees Must Update their Sexual Harassment Policies
Apr 20, 2023 2 min read
Earlier this month, the New York State Department of Labor (DOL) updated New York State’s “Sexual Harassment Model Policy”, which provides a template for employers to comply with New York State laws prohibiting sexual harassment in the workplace.
Recent Lawsuit Is a Major Warning to Licensees Not to Discriminate Based on Lawful Source of Income
Apr 12, 2023 2 min read
A lawsuit filed last week by the Housing Rights Initiative against several Long Island real estate brokers alleging discrimination against undercover testers posing as voucher holders serves
You Cannot Use Another Licensee’s Listing Photos Without Permission
Apr 7, 2023 2 min read
Many licensees think they can copy and use another licensee’s property photographs because they were published to the MLS or social media
Required Notices that Must be Provided at First Substantive Contact
Mar 31, 2023 3 min read
Licensees must provide the New York State Disclosure Form for Buyer and Seller (Agency Disclosure Form), the New York State Fair Housing and Anti-Discrimination Disclosure and, in the case of prospective renters, the Notice Disclosing Tenants