Michigan Association of REALTORS®
PRESIDENT
Claire Williams ABR, ABRM, GRI
WWOCAR: 734.414.3222
PRESIDENT-ELECT Beth Foley GRI, CRB, CRS
WMLAR: 616.393.9000
TREASURER Bill Milliken CCIM, CIPS
DAC: 734.821.4321
CHIEF EXECUTIVE OFFICER Bill Martin
bmartin@mirealtors.com
MANAGING EDITOR Corie Costello
ccostello@mirealtors.com
ADVERTISING Joe Kras
jkras@mirealtors.com 2
2011 MAR Board of Directors: District 1 Jason Copeman, (Upper Peninsula Board of REALTORS®); District 2 Matthew Case, (Traverse Area Association of REALTORS®); District 3 Gene Szpeinski, (Commercial Alliance of REALTORS®); District 4 Rick Loose, (Midland Board of REALTORS®); District 5 Susan Yeotis, (Flint Area Association of REALTORS®); District 6 Pam Whitcraft, (Southwestern Michigan Association of REALTORS®); District 7 Matt Davis, (Battle Creek Area Association of REALTORS®); District 8 Carol Griffith, (Livingston County Association of REALTORS®); District 9 Nanci J. Rands, (Metropolitan Consolidated Association of REALTORS®); District 10 Jay Goscinski, (Metropolitan Consolidated Association of REALTORS®); District 11 Gordon McCann, (Western Wayne Oakland County Association of REALTORS®); District 12 Gerald Miller, (Metropolitan Consolidated Association of REALTORS®); District 13 Beth Pressler, (Grosse Pointe Board of REALTORS®); District 14 Trish Lentz, (Down River Association of REALTORS®); District 15 Tom Long (Down River Association of REALTORS®); Past President Scott Griffith (Livingston County Association of REALTORS®); Large Office Kelly Sweeney, (Metropolitan Consolidated Association of REALTORS®); Large Office Tom Paarlberg, (Grand Rapids Association of REALTORS®); Stu Kingma (MiCAR); Randy Thomas (MiCAR); MRAEC Rep June Clark (Monroe County Association of REALTORS®).
Michigan REALTOR® provides information about the real estate profession and news of MAR and its members. Opinions expressed in signed feature articles are those of the author and do not necessarily reflect the viewpoint of the Michigan Association of REALTORS®. Advertising of property, services or products herein does not imply endorsement by MAR.
4 The Code Meets Today’s Realities Bringing ethical standards up to date by Dominic Cardone
6
25 Things Every Policy Manual Needs Stay on top of your operation
8 Foreclosure Morass Possible Impact of a MERS Foreclosure by Gregory L. McClelland, Esq.
12 From The Legal Hotline Keeping the facts straight
14 MAR’s Rob Campau and Brad Ward: Making Policy Entertaining We do our best work in the lobby
16 The Library That Never Closes Legal advice at your fingertips by Brian F. Westrin, JD.
18 Fair Housing: 5 Keys to Reducing Liability Staying ahead of the game
TABLE OF CONTENTS
06.11
MIREALTOR®
| JUNE 2011
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