Sentences with phrase «act real estate corporation»

Not exact matches

CA: BRE Real Estate Corporation License Endorsement 01866775 DBO Residential Mortgage Lending Act License 4131324 D.B.A. V.I.P. Independent Mortgage, Inc. 41DBO - 58745.

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 toCorporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 tocorporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

Massachusetts — Homespire Mortgage Corporation, Mortgage Lender License NMLS # 183215; New Jersey — Homespire Mortgage Corporation, 9711 Washingtonian Blvd., Suite 500, Gaithersburg, MD 20878, [phone], Licensed Mortgage Banker — NJ Banking and Insurance Department; Pennsylvania — Licensed as a first mortgage banker by the Department of Banking and licensed pursuant to the Pennsylvania Secondary Mortgage Loan Act; Virginia — Homespire Mortgage Corporation, NMLS # 183215; www.nmlsconsumeraccess.org Georgia Residential Mortgage Licensee # 24052 — 9711 Washingtonian Blvd., Suite 500, Gaithersburg, MD 20878 Rhode Island — Rhode Island Licensed Lender # 20183561LL Colorado — Homespire Mortgage Corporation, NMLS # 183215, [phone], Regulated by the Division of Real Estate;

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

Our Commercial Real Estate Group has negotiated arrangements between governmental bodies and private enterprises; completed development, servicing and subdivision related matters for a wide range of projects; negotiated and prepared leasing arrangements for both public and private sectors; formulated and prepared proposal calls for public bodies; acted for boards of education, colleges of applied arts and technology, universities, municipalities, public bodies, Crown corporations and private schools; and acted for and advised on the purchase and sale of major real estate portfolReal Estate Group has negotiated arrangements between governmental bodies and private enterprises; completed development, servicing and subdivision related matters for a wide range of projects; negotiated and prepared leasing arrangements for both public and private sectors; formulated and prepared proposal calls for public bodies; acted for boards of education, colleges of applied arts and technology, universities, municipalities, public bodies, Crown corporations and private schools; and acted for and advised on the purchase and sale of major real estate portfEstate Group has negotiated arrangements between governmental bodies and private enterprises; completed development, servicing and subdivision related matters for a wide range of projects; negotiated and prepared leasing arrangements for both public and private sectors; formulated and prepared proposal calls for public bodies; acted for boards of education, colleges of applied arts and technology, universities, municipalities, public bodies, Crown corporations and private schools; and acted for and advised on the purchase and sale of major real estate portfolreal estate portfestate portfolios.

To the extent that he acts on behalf of strata property managers and numerous strata corporations, he provides representation not just as litigation counsel appearing at the superior Courts of British Columbia, at arbitration, mediation and administrative tribunals such as the Human Rights Tribunal, Employment Standards and City Variance hearings, but also as legal advisor in the strata and real estate regulatory fields as well as all other areas of the law.

Doug acts for a wide range of clients, including large, medium, and small businesses, public and private corporations, professional corporations, non profit organizations, real estate developers, property management corporations, and condominium corporations.

The law firm acts regularly for clients buying and selling real estate and business assets throughout Ontario and represents a diverse range of corporations in Canada and beyond.

Melissa has acted for major international corporations and banks in commercial, corporate, real estate, finance and energy & resources (including commodity pricing) disputes.

As Bloomberg News reports, the Tax Reform Act will be very good for rental property owners and landlords if they do business via pass - through entities — real estate investment trusts, partnerships, limited liability companies, and S corporations — all of which are set to get big tax breaks in the Act.

(b) a developer, as defined in the Real Estate Act, has submitted, and the superintendent has accepted for filing, a disclosure statement under that Act with respect to the strata plan establishing that strata corporation,

(ii) a developer, as defined in the Real Estate Act, is exempt under that Act, other than as referred to in paragraph (c) of this section, from the requirement to submit for filing a prospectus and the requirement to submit for filing a disclosure statement with respect to the strata plan establishing that strata corporation,

«The term «principal,» as used in the NAR Constitution and Bylaws and in other relevant policies, includes licensed or certified individuals who are sole proprietors, partners in a partnership, officers or majority shareholders of a corporation, or office managers (including branch office managers) acting on behalf of principals of a real estate firm.»

A natural person, a corporation through its officers, a partnership through its partners or a limited liability company through its members or managers that deals in selling, exchanging, purchasing, renting, leasing, managing or pledging the person's or entity's own property, including cemetery property and membership camping contracts, and that does not receive special compensation for a sales transaction or does not receive special compensation or other consideration including property management fees or consulting fees for any property management services performed, if the majority of an officer's, partner's, member's or manager's activities do not involve the acts of a real estate broker,

On Thursday, June 4, 2015 the Consumer Financial Protection Bureau (CFPB) issued a decision against PHH Corporation and a number of other defendants for among other things, violating the Real Estate Settlement Procedures Act (RESPA) by paying for referrals where there is federally related mortgage.

On Aug. 12, 2014, the Consumer Financial Protection Bureau (CFPB) announced a consent agreement and $ 19.3 million in fines under the Real Estate Settlement Procedures Act (RESPA) and other laws with Amerisave Mortgage Corporation, its affiliate, Novo Appraisal Management Company, and the owner of both companies, Patrick Markert.

«The Saskatchewan Government has made amendments to The Professional Corporations Act which now identifies real estate as a profession.

The Saskatchewan Real Estate Commission is working with the Financial Services Commission to develop bylaws relating to registrants who will be registering their personal corporation under the Act.

The Ontario Real Estate Association (OREA) says it is happy to see the re-introduction of the Tax Fairness for Realtors Act, intended to bring fairness to the tax treatment of Ontario Realtors, which will allow real estate salespeople to use personal corporatiReal Estate Association (OREA) says it is happy to see the re-introduction of the Tax Fairness for Realtors Act, intended to bring fairness to the tax treatment of Ontario Realtors, which will allow real estate salespeople to use personal corporaEstate Association (OREA) says it is happy to see the re-introduction of the Tax Fairness for Realtors Act, intended to bring fairness to the tax treatment of Ontario Realtors, which will allow real estate salespeople to use personal corporatireal estate salespeople to use personal corporaestate salespeople to use personal corporations.

In Wardley Corporation v. Welsh, the Utah Court of Appeals found that the real estate broker did not have an agency relationship with the seller, and instead, was acting as a finder.

The Supreme Court of the United States has considered whether the federal Fair Housing Act («Act») imposes personal liability without proof of fault upon an officer or owner of a residential real estate corporation because of the actions of the corporation's employee or agent.

A special act corporation formed pursuant to the Real Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate licenseact corporation formed pursuant to the Real Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate licensReal Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate liceEstate Services Act solely to provide errors and omissions insurance to British Columbia real estate licenseAct solely to provide errors and omissions insurance to British Columbia real estate licensreal estate liceestate licensees.

discloses in writing to the strata corporation before providing the services that, even though the individual is a licensee, they are not acting as a licensee in this case, the licensee is not regulated under the Real Estate Services Act in relation to the strata management services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this exemption;

If there is no real estate component in the sale of a business by assets or sale of 100 % of the shares of the corporation that owns the business, or in circumstances where there is the sale of less than 100 % of the shares, licensees must advise the party that engages the licensee to list and sell the business that they are not acting as a licensee and that the licensee is not regulated under RESA in relation to the sale, including holding the deposit.

However, the Strata Property Act, the legislation that governs the rights and obligations of strata corporations, strata councils and strata owners, remains a self - administered statute and there are no enforcement provisions for the Government of BC or the Real Estate Council.

Additionally, the department alleged that the licensee violated Section 455.227 (1)(j), by acting as an agent for her unlicensed real estate corporation, therefore aiding and abetting an unlicensed real estate corporation.

An overview of the effects of the Real Estate Services Act on the management of strata corporations with sections.

Ultimately, the judge found that the licensee violated Section 455.227 (1)(j), by acting on behalf of the unlicensed real estate corporation during a real estate transaction.

(b) acting in an independent contractor relationship with the personal real estate corporation;

(e) an employee of, officer of, or any other individual acting on behalf of or under the direction of, the real estate council, superintendent, foundation, insurance corporation or compensation fund corporation.

(a) the controlling individual and the personal real estate corporation have each obtained a licence in accordance with Part 2 of the Act and this Part;

(3) The Lieutenant Governor in Council may, by order, direct that one or more provisions of the Business Corporations Act apply to the real estate council.

10.6 (1) Despite section 7 (1)(b), (3) and (5) of the Act, a controlling individual may be engaged by a personal real estate corporation to provide real estate services on behalf of a brokerage, and may receive remuneration in relation to those real estate services from the personal real estate corporation, if all the following requirements are met:

(ii) an extraprovincial company, within the meaning of the Business Corporations Act, that has the capacity in its jurisdiction of incorporation to carry on the business of providing real estate services;

AAG Advantage reverse mortgage loans are only offered in the following states: CA (CA Loans made or arranged pursuant to a California Finance Lenders Law license (603F324) and Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act (4131144)-RRB-, CT, CO (Regulated by the Division of Real Estate; to check the license status of your mortgage loan originator, visit http://www.dora.state.co.us/real-estate/index.htm), HI, FL, IL (Illinois Residential Mortgage Licensee; Illinois Commissioner of Banks can be reached at 100 West Randolph, 9th Floor, Chicago, Illinois 60601, [phone]), PA (Licensed by the Pennsylvania Department of Banking 28356), TX (Mortgage Banker Registration, 13785 Research Blvd, Ste. 125, Austin, TX 78750), VA (Licensed by the Virginia State Corporation Commission MC - 5134).

CA: BRE Real Estate Corporation License Endorsement 01866775 DBO Residential Mortgage Lending Act License 4131324 D.B.A. V.I.P. Independent Mortgage, Inc. 41DBO - 58745.

(2) Without limiting section 13 of the Act, the real estate council may refuse to issue a personal real estate corporation licence if the real estate council considers that it would not, in the circumstances, be in the public interest for real estate services to be provided by the corporation.

10.5 (1) Without limiting section 9 of the Act, an application for a personal real estate corporation licence must be accompanied by

(4) If the real estate council reinstates a personal real estate corporation licence under section 22 (2) of the Act or section 10.7 (3) of this regulation, it must reinstate, with any necessary amendment, the controlling individual's licence that became inoperative under subsection (3) of this section.

(ii) providing any exceptions or modifications of this Act, or any additional provisions to this Act, that the Lieutenant Governor in Council considers advisable for the purposes of the application of the Act to licensees who are providing real estate services through such a corporation;

the personal real estate corporation is subject to discipline proceedings and other regulatory enforcement under Part 4 of the Act in relation to that conduct as if the personal real estate corporation had committed the conduct.

(iii) another developer, as defined in the Real Estate Development Marketing Act, that is a subsidiary of a holding corporation referred to in subparagraph (ii);

(2) A government corporation, within the meaning of the Financial Administration Act, is exempt from the requirement to be licensed under Part 2 of the Act in relation to real estate services provided to or on behalf of the government or another government corporation.

73 (1) The Real Estate Council continued under the Real Estate Act, R.S.B.C. 1996, c. 397, is continued under this Act as a corporation under the name «Real Estate Council of British Columbia».

(iii) the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this section of the rules;

* There is provision in the Real Estate Services Act that exempts a self - managed strata corporation from the licensing requirements when an owner is providing the strata management services.

A personal real estate corporation must be incorporated as a professional corporation under the Business Corporations Act and be authorized only to trade in real estate.

n. «REALTOR ® principal» includes licensed or certified individuals who are sole proprietors, partners in a partnership, officers or majority shareholders of a corporation, or office managers (including branch office managers) acting on behalf of principals of a real estate firm who subscribe to the Code of Ethics as a condition of membership in a local Board, State Association, and the NATIONAL ASSOCIATION OF REALTORS ®.

In addition, the Bill will amend the Real Estate and Business Brokers Act, 2002 to permit a brokerage to pay commission or other remuneration to a personal real estate corporation of an individual broker or salesperson that it emplReal Estate and Business Brokers Act, 2002 to permit a brokerage to pay commission or other remuneration to a personal real estate corporation of an individual broker or salesperson that it emEstate and Business Brokers Act, 2002 to permit a brokerage to pay commission or other remuneration to a personal real estate corporation of an individual broker or salesperson that it emplreal estate corporation of an individual broker or salesperson that it emestate corporation of an individual broker or salesperson that it employs.