ComplianceIn The News

Kriss Law/Atlantic Closing & Escrow Announces NAR Settlement Support Initiative

Kriss Law/Atlantic Closing & Escrow (“KL/ACE”), a national, attorney-driven settlement services firm, has launched a support initiative for real estate and mortgage lending professionals nationwide in the wake of the pending NAR commission lawsuit settlement, which many believe will dramatically change the realty landscape. As part of this initiative, the firm is making its professionals available to answer questions about this new reality. Real estate professionals may contact the firm with questions at [email protected] at any time.

“We’re entering uncharted waters after the settlement, and there is a lot of confusion in the marketplace as the settlement terms go live,” said KL/ACE President and CEO Scott D. Kriss, Esq. “We consider it our duty to guide and advise our REALTOR and lender partners in regard to  best practices, suggested language and form changes, and any suit-related questions and issues that may arise.”

According to Kriss, KL/ACE has held educational seminars (some in person and others via video conferencing) on the settlement, the likely impact and what to expect, with a total of  over 100,000 real estate and mortgage lending professionals from all 50 states attending overall.