GLAR News: January 8, 2024

The 2024 versions of GLAR forms and contracts are now available on Transaction Desk, our online forms provider that is included as a benefit of your membership. You can view the changes to the updated forms by clicking on the form name below. Sections that have been changed are highlighted in red for your reference.

RESIDENTIAL SALES CONTRACT
ADDITIONAL RESPONSE PAGE TO NOTIFICATION OF AND REQUEST FOR REPAIRS - (New form to use when more space is needed for responses.)
LISTING CONTRACT
CONTINGENCY OF SALE/CLOSING OF BUYER’S PROPERTY
MULTIPLE LISTING LEASING CONTRACT
VACANT LAND CONTRACT
VACANT LAND DISCLOSURE STATEMENT (Complete revision of this form.)

As we previously communicated, the next step in our exploration process of a potential MLS Regionalization is for us to listen to input from our Brokers and Members. We have two sessions, one for Designated Brokers/Owners and one for REALTOR® Members to attend. During these forums, we will share important information regarding the MLS landscape and its potential effects on our local market and industry. You'll have the opportunity to ask questions and provide feedback.

January 11, 2023 - 10:00am | Designated Broker/Owners Forum |
If you are a Designated Broker (DR)/Owner and cannot attend in person, you can request a live stream link by emailing Lindsay@LouisvilleRealtors.com.

January 18, 2023 - 2:00pm | General REALTOR Member Forum |
Click here for live stream link.

To attend, please sign up through your member portal. Both sessions will be held at the Association office located at 12300 Sycamore Station Place.

Did you know Louisville-Jefferson County’s flood map information is available online? To check to see if a property is in the flood hazard area, visit https://www.lojic.org/lojic-online.

For information about the current floodplain maps for any property in Jefferson County, go to http://apps.lojic.org/msdflooddetermination/. This service is free, easy to use and gives you valuable information about a property’s flood risk. For areas outside of Jefferson County, flood insurance maps can be found at https://msc.fema.gov/. From this site you can also find FEMA’s interactive map, which is easy to use and shows not only the Special Flood Hazard Areas, but also the Letters of Map Amendment.

MSD can provide additional information, such as the base flood elevation or estimated flood depth, historic flood information, and natural floodplain functions if requested. To request this information for properties in Louisville-Jefferson County, email FloodPermits@louisvillemsd.org or call (502)540-6148. For more information about flood insurance, check out FEMA’s website at www.floodsmart.gov.

Join us for a LIVE Zoom version of our popular class, Advertising Law & Ethics. This course taught by Dennis Stilger covers everything you need to know about writing compliant ads and understanding Kentucky advertising statutes as well as the ethical provisions regulating advertising. This course is also being held in-person at GLAR, so if you would like to register for the ZOOM class please be sure to register for the version that says "Zoom Live" before the course title. Check out our other January class offerings below and register on your member portal!

January Upcoming Classes held in-person at GLAR:
Jan. 16 - KY Core (in-person)
Jan. 17 - Learning the Flexmls System (in-person)
Jan. 23 - Advertising Law & Ethics (in-person version)
Jan. 23 - Fraud Law & Sellers Disclosure (in-person)
Jan. 25 - Affordable Finance Tips (in-person)
Jan. 31 - Transaction Desk (in-person)