realtor liability: On Realtor Liability - 12/03/09 03:18 AM
I just "attended" the NAR webinar on safety--guarding your identity and that of your clients.  The presenter, Andrew Wooten reminded us of something I had frankly forgotten about.
In 1999 Congress passed the Gramm-Leach-Bliley Act.  This legislation defines "financial institution" in a way that makes us all financial institutions, and liable to our clients for protecting the safety of their personal and financial information.  If we collect or possess the personal or financial information of others, to include name, address, phone, date of birth, and social security number we qualify as a financial institution. 
Have you ever written down someone's name … (3 comments)

 
Steve  Jameson (Keller Williams Real Estate)

Steve Jameson

Santa Rosa, CA

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Keller Williams Real Estate

Address: 120 Stony Point Road, Suite 140, Santa Rosa, CA, 95401

Office: (707) 206-4532

Mobile: (707) 953-1855

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