After conducting extensive in-person interviews with potential candidates for the Santa Clara County Association of REALTORS® Board of Directors and Officers, our Nominating Committee has selected the following candidates to serve as the Association leaders in 2019:

Officer Candidates selected by the Nominating Committee

Gustavo Gonzalez, President
Sandy Jamison, President-Elect
William Chea, Vice-President
Stephen Theard, Secretary-Treasurer

Director Candidates selected by the Nominating Committee

Kip Barnard
Kevin Cole*
Doug Goss
Bill Rehbock
SCRA Director TBD**

* Per SCCAOR policy, the immediate Past President is given a three-year term.
**Per SCCAOR Bylaws, one director shall be designated by the South County REALTORS® Alliance to serve a one-year term from January 1, 2019 through December 31, 2019.

Petition: Candidates for officers or directors, other than those candidates selected by the Nominating Committee, may be nominated by written petition on a form from SCCAOR. The petition must be signed by 150 or more REALTOR® members in good standing and be delivered to the Chief Executive Officer at SCCAOR not later than noon on July 23, 2018 (as prescribed in the SCCAOR Bylaws Article 10, Section 5)


Timeline of Election of Board of Directors

July 23 – Deadline to petition to be on the ballot.
July 24 – Record Date (Voting members must have their current e-mail address on file at SCCAOR prior to this date. Contact Member Services or go online to ensure your e-mail address is current.)
September 3 – Online voting begins at 8:00 a.m. (E-ballot sent via e-mail to all eligible members.)
September 21 – Online polls close at 5:00 p.m.
September 25 – Election results reported to Board of Directors.
November 16 – President declares the election results at our General Membership Meeting


Special Thanks to the SCCAOR Nominating Committee

Trisha Motter, Chairperson (Past President 2016), Rick Smith, Vice-Chairperson (Past President 2017), Myron Von Raesfeld, Chairperson (Past President 2014), Carl San Miguel (Past President 2013), Barbara Lymberis (Past President 2012), Jim Myrick (Past President 2005), Steve Hanleigh (Past President 2002), Pam Foley (Past President 1998), Kraig Constantino (SCCAOR Member), Natalie McNany (SCCAOR Member), Claudia Mendivil (SCCAOR Member), Gabrielle Perez (SCCAOR Board of Director), Frank Cancilla (2018 Foundation Chair & SCCAOR Board of Director)

Heather Wills has joined SCCAOR as our new Events Coordinator. She will handle the planning, promotion, and execution of SCCAOR’s many well-known events.

“I am very excited to be joining SCCAOR,” she said. “I look forward to using my previous experience to excel in this role and add value to all the Association’s events.”

Some of the events that Heather will manage include SCCAOR’s Installation event each January, the Member Appreciation Baseball game, the Golf Tournament, the Member Appreciation BBQ, the Convention & Trade Show, the Holiday Member Appreciation Party, and all the General Membership Meetings throughout the year.

She will work directly with Hilda Ramirez, SCCAOR’s Director of PR, Education, and Events. “Heather is a great addition to the team,” said Ramirez. “Her vast knowledge of the real estate industry coupled with her drive and determination make her the ideal person for this role.”

Wills is joining SCCAOR after working for Coldwell Banker as a Marketing Coordinator for the last ten years. In her free time, she enjoys outdoor activities like hiking and spending time with her family.

No single person can lead SCCAOR.  It takes a group of very talented individuals provide their time and perspectives to guide this organization.  If you want to contribute to the continued success of SCCAOR please consider signing up for one or more of the opportunities listed in this form: 2017 Involvement Opportunities.

Join us on May 3rd for Legislative Day! This is your chance to travel to our State Capital with your fellow SCCAOR Members. We will be briefed on top issues currently facing the real estate industry and meet with our state legislators. The $20 registration includes a special luncheon with a guest speaker on state politics — and 100% of your registration fee will go towards the REALTOR® Action Fund.

 

By Nick and Barbara Lymberis

Once you are in contract with your buyers, just prior to preparing the deed in your buyers’ names in preparation for Close of Escrow (COE), the escrow officer will want to know how they wish to hold title.

It is important that, before letting the escrow officer know, your buyers contact a lawyer or other legal source to determine how best to hold title given their particular circumstances. The decision could have major ramifications, so it is usually a tax advisor that can best help, together with a legal opinion.

These are the following ways to hold title (Note: the legal ramifications of each way will not be addressed):

  1. Tenancy in Common
  2. Joint Tenancy
  3. Community Property
  4. Community Property with Right of Survivorship

As soon as your buyers are in contract, and substantially before COE occurs, we recommend your buyers contact a knowledgeable person to review financial status and personal wishes regarding holding title.

A common question is: “But Mr./Ms. REALTOR®, can’t we pick one and decide later how best to do it?”

Answer: Yes, of course. But we know from experience that making an appointment with the proper person is usually postponed and many times forgotten. With Nick’s background as an attorney and Barbara being a paralegal, we know that when decisions are postponed, life intervenes and it can trigger unintended results. At some later date, what the intentions were are irrelevant, or at least substantially altered by life, in almost all cases. (It’s complicated.)

So, we reiterate that it is best to handle it “on the spot” while everything is fresh in the buyers’ minds and their motivation is current with the purchase of their new home.

If circumstances change after COE,  when the choice has been made and the deed recorded, then a review can take place with an advisor and, if necessary, changes can be made. In fact, Trusts and Wills attorneys suggest reviewing your trust and will at least every 5 years. And with the laws changing from time to time and courts making interpretations of what the law is supposed to say, what was intended 5 years ago may not apply in today’s world.

 


Barabara and Nick are REALTORS® for Coldwell Banker. Visit their website at www.nickandbarbara.com

Copyright © 2017 by Nick and Barbara Lymberis

Note: This article is not intended or offered as legal advice. It has been prepared for educational and informational purposes only.

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