Sentences with phrase «estate corporation license»

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.

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.

Therefore, it is suggested that you use a separate corporation for personal real estate corporation licensing or that you seek the advice of your accountant and / or lawyer to determine if using the same corporation would be possible.

Not exact matches

Hosted by Keith Roy — Personal Real Estate Corporation, licensed with RE / MAX Select Realty.

(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 -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 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 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 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 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 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 RealLicensed 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 RealLicensed 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 Reallicensed 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 RealLicensed 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 olicense; (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 oLicense Act of 1987.

Alaska Business License No 299754; Loans will be made or arranged pursuant to California Department of Real Estate, CA Mortgage Broker # 01383182; Colorado Supervised Lender License; CT Connecticut Second Mortgage Broker # 13387; FL State Florida Mortgage Broker # 385366; GA Georgia Residential Mortgage Licensee, Mortgage Broker # 19240; MA Mortgage Broker # MB3598; This is not an offer to enter into an agreement, ME Main Loan Broker # CSO6907; MD Maryland Mortgage Lender # 12704; MI Registered in Michigan as Second Mortgage Broker #SL 0010472; NE Nebraska Mortgage Banker # 825; NH Licensed by the New Hampshire Banking Department (Mortgage Broker # 11471 - MBR); Utah Consumer Credit Notification; VA Licensed by the Virginia State Corporation Commission, Mortgage Broker # 2456; WA Washington Mortgage Broker # 510 - MB - 25970; Not licensed in all 50Licensed by the New Hampshire Banking Department (Mortgage Broker # 11471 - MBR); Utah Consumer Credit Notification; VA Licensed by the Virginia State Corporation Commission, Mortgage Broker # 2456; WA Washington Mortgage Broker # 510 - MB - 25970; Not licensed in all 50Licensed by the Virginia State Corporation Commission, Mortgage Broker # 2456; WA Washington Mortgage Broker # 510 - MB - 25970; Not licensed in all 50licensed in all 50 states.

Practice Highlights His practice includes representing physicians and medical clinics in negotiating employment contracts, partnership contracts, joint venture contracts and establishment of medical corporations; representation of physicians and medical clinics in the purchase and sale of medical practices; representation of physicians, dentists, pharmacists, medical clinics, surgical centers, hospitals, clinical laboratories and nursing homes before the Illinois Department of Professional Regulation, Illinois Department of Public Aid, Illinois Department of Public Health and Federal Department of Health and Human Services in administrative license and recoupment hearings; representation of brokers and salesman before the Office of Banks and Real Estate; representation of physicians and other health care providers at internal hospital hearings involving termination or discipline of hospital privileges; representation of physicians in hearings before managed care providers to terminate the physician as a provider; representation of health care providers in criminal proceedings in federal or state court on charges related to Medicare and Medicaid vendor fraud and false claims; general and civil litigation related to medical care providers; and domestic relations.

Newt Marshall has a diverse litigation practice representing construction companies, corporations, condominium associations, architects, engineers, real estate and insurance brokers, attorneys, and other licensed professionals in contract, tort and fra...

Airlines Reporting Corporation (Arc)-- Certified Arc Specialist Apollo / Galileo Reservation System - Certified Reservation Agent Florida Real Estate License - Certified Real Estate Agent

«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.»

Individuals employed by the international, national or regional organizational headquarters of a corporation engaged in real estate activities or activities allied with real estate and who may be licensed or unlicensed may be elected to National Affiliate Membership in the National Association, provided the individual does not personally provide real estate services to persons or entities other than the employing company.

If the licensed entity is a corporation, the process for making a transition to a new managing broker could be addressed in the corporation's bylaws, and may be as simple as appointing a new managing broker and filing the necessary paperwork with the real estate commission.

The State of Washington's highest court has considered whether a corporation owned by two licensed real estate salespeople substantially complied with the State's license laws, allowing it to proceed with a lawsuit seeking compensation from a homebuilder.

In 2008, a licensed real estate broker was registered with the division of corporations as the sole officer of an unlicensed real estate corporation.

Sections 2.1 and 2.18 of the Real Estate Services Regulation provide for exemptions from licensing for employees of the strata corporation, and for caretakers / managers employed by the strata corporation, respectively.

However, salespersons may not be partners, just as they may not be shareholders in a corporation which is licensed as a real estate broker.

Better Homes and Gardens ® Real Estate is a registered trademark owned by Meredith Corporation, licensed to Better Homes and Gardens ® Real Estate LLC and used with permission.

Hold a current Queensland Real Estate Agent Licence (additional licensing conditions apply for corporations);

Declaratory Ruling 90 - 3 (Sven R. Paul)- unlicensed persons can be officers and shareholders of a licensed corporate real estate broker, but may not engage in licensed activity; a salesperson can not be a shareholder or officer of a corporate licensee; all real estate activities of the corporation must be conducted by an officer who is licensed as a real estate broker

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).

10.3 A corporation may be licensed as a personal real estate corporation in accordance with this Part if it has all the following attributes:

Opinion Letter 91 - 27 (Amir Alishani)- all unlicensed persons can be a stockholder of a corporation which is licensed as a real estate broker; a licensed salesperson may not own stock in a corporate licensee

Opinion Letter 92 - 50 (Frank G. Pratt)- not - for - profit corporation which manages apartments must be licensed; not sufficient that a broker serves on its board of directors (citing Real Estate Multiple Listing Exchange of Spring Valley v. Rubin, 7 Misc.2 d 194; Philip Mehler Realty, Inc. v Kayser, 176 A.D. 2d 104)

(ii) comply with section 10.4 (4)[licensing of personal real estate corporation and its related controlling individual] of the regulation.

«personal real estate corporation» means a corporation that is licensed in accordance with this Part;

(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.

One of the issues that is of importance for licensees who might be considering establishing and licensing a personal real estate corporation is what type of activities will be allowed to be undertaken by a personal real estate corporation.

If you no longer wish to be licensed as a personal real estate corporation, follow these steps to terminate the licence:

To assist licensees who may be considering licensing a personal real estate corporation, and for those who already have a licensed personal real estate corporation, the Council has developed this easy - to - read online guide.

Please note that it may not be efficient or effective to use the same corporation that was licensed as an existing brokerage for your personal real estate corporation.

If the controlling individual is currently licensed and is only registering a personal real estate corporation and not making any other amendment to their licence (ie: transfer, renewal, category change, etc.), they must:

If your individual licensing, E&O, Superintendent of Real Estate assessment fee and Compensation Fund fees are normally $ 1660 for two years, having a personal real estate corporation means that the licensing fees, E&O, Superintendent of Real Estate assessment fee and Compensation Fund fees would be $ 3320 every two Estate assessment fee and Compensation Fund fees are normally $ 1660 for two years, having a personal real estate corporation means that the licensing fees, E&O, Superintendent of Real Estate assessment fee and Compensation Fund fees would be $ 3320 every two estate corporation means that the licensing fees, E&O, Superintendent of Real Estate assessment fee and Compensation Fund fees would be $ 3320 every two Estate assessment fee and Compensation Fund fees would be $ 3320 every two years.

* 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.

This corporation may not have the appropriate attributes or be able to make required amendments, such as a change of name, to correspond with the timing of licensing as a personal real estate corporation.

© 2017 Coldwell Banker Platinum Partners Coldwell Banker ® is a registered trademark licensed to Coldwell Banker Real Estate Corporation.

In situations where licensees have formed teams, the distribution of remuneration must be done by the brokerage; that is, the licensed team members (or their respective personal real estate corporations) must be paid separately by the brokerage, not by one of the team member's personal real estate corporations.

Licensees contemplating becoming licensed through a personal real estate corporation are strongly encouraged to carefully read the following information, especially the Real Estate Regulation affecting Personal Real Estate Corporaestate corporation are strongly encouraged to carefully read the following information, especially the Real Estate Regulation affecting Personal Real Estate CorporaEstate Regulation affecting Personal Real Estate CorporaEstate Corporations.

The corporation has grown its subscriber base from 11,000 to approximately 36,750 licensed real estate professionals.

Licensees should obtain independent professional accounting and legal advice prior to making application for licensing to ensure that proceeding with the licensing of a personal real estate corporation is in the best interest of the licensee.

establishing responsible entry standards and processes for the licensure of real estate licensees, brokerages and approved sales corporations; including the issuance, suspension and cancellation of licenses;

Personal real estate corporations may employ unlicensed individuals to perform services which do not require licensing.

The name you incorporate under will be your licensed personal real estate corporation name, so choose wisely, and make sure the name meets the requirements of the Real Estate Regulation for personal real estate corporation estate corporation name, so choose wisely, and make sure the name meets the requirements of the Real Estate Regulation for personal real estate corporation Estate Regulation for personal real estate corporation estate corporation names.

The personal real estate corporation must be incorporated with the BC Corporate Registry before applying for licensing with the Council.

Licensees who choose to license a personal real estate corporation must maintain two licences — one for themselves and one for the personal real estate corporation.

7 DOS 00 DOS v. Flagship Marketing Group - availing of license; failure to cooperate with DOS investigation; jurisdiction; proper business practices; ex parte hearing may proceed upon proof of proper service; DOS retains jurisdiction over party not licensed at the time of the hearing where, at that time the complaint was served, the party was (i) licensed, (ii) an applicant for a license or renewal, or (iii) was eligible to automatically renew; salesperson is prohibited both from owning, directly or indirectly, singly or jointly, any shares of voting stock in and from being an officer of any licensed real estate brokerage corporation with which the salesperson is associated; representative real estate broker availed the corporate broker license to an associated salesperson where the office was operated by the salesperson without the direct supervision of the representative broker and the salesperson conducted business as a broker for his own benefit; representative real estate broker engaged in fraud by availing the corporate real estate broker license to a salesperson; representative broker's availing of corporate broker's license for which the corporate broker is vicariously liable; failure to provide business records constitutes failure to cooperate with DOS investigation; DOS fails to establish fraud, ignorance or negligence is not sufficient to prove mistake; pressure, regardless of how severe, is not undue influence; restitution denied where funds sought were received by an entity not named or charged in the complaint; corporate broker fined $ 3,000.00, representative broker's license revoked and fined $ 3,000.00 and salesperson fined $ 5,000.00

STAGE TWO: LAY THE FOUNDATION Before you apply for licensing for a personal real estate corporation, you'll need to incorporate.

Perhaps you already have a licensed personal real estate corporation and you are looking for answers to specific questions or for information on maintaining your licence.