Sentences with phrase «broker licensing guidelines»

Not exact matches

Must ensure that all new mortgage broker clients are licensed properly within their state, NMLS, and in compliance with the bureau's guidelines.

«A broker from outside Québec who is not an OACIQ licence holder and who markets a property located in Québec, particularly by posting it on a website such as Realtor.ca, commits in principle an illegal practice offence under the Real Estate Brokerage Act.Therefore, this is not a new guideline since CREA was first informed back in April 2011 that the marketing of a property in Québec done through an intermediary constitutes a real estate brokerage transaction that requires a person to be holder of a realtor's license issued by the OACIQ.»

Another guideline is the Real Estate Settlement Procedures Act, which generally prohibits the payment of referral fees from one settlement service provider to another, though RESPA does allow licensed real estate brokers to exchange fees.

If you are thinking about becoming licensed as an associate broker or managing broker in British Columbia, please read the Broker Licensing Guidelines for more detailed information.