2017 Member Guide

LEGAL BENEFITS

A call to a real estate attorney costs anywhere from $200 to $750 an hour depending on what part of New York State you live in. With just one call to the FREE NYSAR Legal Hotline, you’ve saved more than double your NYSAR dues.

REALTOR ® ADVOCACY

While you’re working hard for your clients, we’re boldly championing your interests at the state Capitol in an effort to secure and protect REALTORS ® and the real estate industry as a whole.

Whether you’re a salesperson or a broker, new to the business or a veteran, our attorneys are on hand to provide one-on-one answers to your real estate- related legal questions. Answering questions on topics ranging from contracts and license law to commissions and agency disclosure, calling the Legal Hotline will not only save you both time and money, but will give you the peace of mind you need to confidently proceed with your business. Live attorneys, 35 hours per week! You’ve told us how important the Legal Hotline is to you so we’ve made sure to keep this valuable service available to you 7 hours per day, 5 days a week! Leave a message! If our attorneys are on another line during normal hotline hours, leave a voicemail and an attorney will return your call by the end of the next business day, or sooner. What members love: “The real estate industry is riddled with legal matters, many of which are perplexing to licensees. It is so convenient to be able to call NYSAR’s Legal Hotline for insight. This is a wonderful and much-needed member benefit.” – John Dilanni, NYSAR member since 1986

The REALTOR ® Political Action Committee* (RPAC) plays a key role in safeguarding REALTOR ® interests by educating and supporting lawmakers who defend the real estate industry. As a result of our advocacy efforts and your RPAC investments, NYSAR was able to enact and defeat the following proposals:

GET INVOLVED TO MAKE YOUR VOICE HEARD.

RPAC Your future in real estate is directly tied to the power of RPAC.* Invest today.

ENACTED LAWS • 2-percent Property Tax Cap • STAR Property Tax Relief • Prohibition on private transfer fees • Federal homebuyer tax credits • Mortgage Forgiveness Debt Relief Act • Continuing education curriculum improvements WHAT’S NEXT? In 2017, NYSAR’s legislative priorities will include support of first-time homebuyers with our NY First Home proposal as well as proposals to increase transparency in the purchase of a cooperative apartment. More information can be found at NYFirstHome.com.

HOW DO I CONTRIBUTE TO RPAC? Visit the Government Affairs section at NYSAR.com and contribute with the click of a button. You can also participate in fundraisers held at the NYSAR Business Meetings, Triple Play or at your local board/association. DEFEATED PROPOSALS • Residential fire sprinkler mandate • Prohibition on broker-prepared contracts • Statewide closing cost increases • 20-percent down payment mandate • Onerous changes to the Agriculture Disclosure Statement

*Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. You may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS ® , the New York State Association of REALTORS ® or any of its local boards or associations will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your NYSAR PAC reaches its PAC goal, 30% is sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a; after NYSAR PAC reaches its RPAC goal, it may elect to retain your entire contribution for use in supporting state and local candidates. Broker Involvement Program Brokers, enroll in this free program to alert your agents to key REALTOR ® issues and encourage their response to Calls for Action. Calls for Action Text NYREALTOR to 30644 to receive REALTOR ® Party mobile alerts to quickly and easily contact your legislators and communicate the REALTOR ® point of view. Lobby Day Attend REALTOR ® Lobby Day on Tuesday, May 23 to meet face-to-face with your state legislators at the state Capitol and make your voice heard!

Live Q&A with NYSAR’s legal counsel NYSAR’s Internet-based live call-in show covers timely real estate-related topics and includes live Q&A with NYSAR’s legal counsel. See page 1 for a tentative list of show dates and topics.

Have a question after the Legal Hotline’s closed for the day? Visit the Legal section at NYSAR.com for a wealth of legal resources including Legal Hotline’s FAQs, Broker’s Reference Manual, sample forms and more. . Can I call the Legal Hotline anonymously? No, since this is a members-only service, our attorneys need to verify that you are an active NYSAR member in order to proceed with the call. NOTE: NYSAR’s Legal Hotline and NYSAR Radio show do not provide a client-lawyer relationship. For confidential legal advice, consult an attorney. Terms and conditions for use of the Legal Hotline and NYSAR Radio are available in the Legal section of NYSAR.com.

NYSAR Radio

Third Tuesday of every month, 10-11 a.m.

Call 518.436.9727 to ask your questions live on the air.

518.463.0300 x217 govt@nysar.com Contact Government Affairs:

Listen live at NYSAR.com/legal/NYSAR-radio.

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