LIBOR's Legal Department helps members stay up-to-date on the latest issues and policies that affect your business. Explore our Legal section to find valuable legal tips, information and many articles of interest.

LIBOR Exclusive Member 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.

Legal Tips (For Members Only)

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Broker Risk Management

LIBOR provides you with information and resources to recognizebusiness risks and stay ahead of industry legal changes that impact your firm.

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Dispute Resolution

Long Island Board of REALTORS® Professional Standards Department offers its members and their clients services regarding disagreements over the details of a real estate transaction.

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Legal Assistance

The Long Island Board of Realtors®, Inc.'s (LIBOR) Legal Assistance Committee oversees the Legal Assistance Program and assesses eligibility for financial assistance from LIBOR's Legal Assistance Fund. LIBOR Members may apply to the Legal Assistance Program for financial assistance to cover legal fees, costs, and expenditures in specific instances that meet certain criteria established by the LIBOR Board of Directors.

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DMCA Guidance

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Legal Hotline

LIBOR is partnering with the New York State Association of REALTORS® (NYSAR) to utilize their Legal Hotline.

Members of LIBOR should now call
518-43-NYSAR (518-436-9727) with any legal questions.

The Legal Hotline, a free member benefit, is available from 9 a.m. to 4 p.m., Monday through Friday, excluding holidays and during official NYSAR functions.

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This Legal Section of is available only to members and only for informational purposes. It is not intended to constitute legal advice. It is designed to provide general information about real estate topics of legal interest to members and not individualized or fact specific responses. The Legal Section is not intended and does not create an attorney-client relationship, nor should any such relationship be implied. The Legal Section is not a substitute for competent representation by counsel engaged by a member regarding issues, transactions or litigation of concern. Members are encouraged to seek and engage their own legal counsel regarding any such matters. Even seemingly routine matters may involve unique circumstances and/or require detailed analysis.