Sentences with phrase «only real estate licensees»

Only real estate licensees who are members of the National Association of REALTORS ®, are properly called REALTORS ®.
Only real estate licensees who are a member of the National Association of REALTORS ® may use the term REALTOR ®.
Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS ® are properly called REALTORS ®.

Not exact matches

Please note that the Commissioner's Rules have the force and effect of law only to real estate licensees, if you are referencing @Brian Gibbons post.
The principal broker must oversee operations, maintain records, comply with trust account rules, develop a written policy on agency, ensure advertising compliance, and ensure that only licensees perform real estate activities for which a license is required.
The Montana Supreme Court concluded that the real estate licensee owed only statutory duties to disclose adverse material facts of which she was aware and had no duty to inspect the property.
The common wisdom — some of it mine, I had just finished six years on the Real Estate Council — was the public would be better served by licensees who were fully trained in property management, rather than by part - time practitioners who did property management only when a client wanted them to find a tenant for the house just purchased.
Regulators could require that licensees be restricted in their employment to real estate only.
Maybe CREA's next TV ad should be a one minute piece wherein someone like me delivers an apology to the public for trying to convince them that all Realtors are professionals, when in fact far too many licensees on any given day are tryouts who will become desperate for commissions before they pack it in, and that from here on in only properly pre-screened candidates will be allowed to attend real estate school and thereafter embark on a three - year apprenticeship program before becoming licensed as a Realtor... on probation... because... the public deserves better that it has been getting from us.
Council of Residential Specialists (CRS) Short Sales and Foreclosure Course Foreclosure and Short Sales Course for REBAC - Licensees Only Loss and Mitigation Certification Program (MA Association of REALTORS ®) Freddie Mac «Introduction to Short Sales for Real Estate Professionals» Webinar Freddie Mac «Introduction to Short Sales for Real Estate Professionals» Powerpoint Webinar on NAR's Foreclosure Prevention and Response Program Powerpoint from Webinar on NAR's Foreclosure Prevention and Response Program Introduction to Real Estate Auctions (REALTOR ® University) REALTOR ® S.W.A.T (Special Weapons and Tactics to Navigate the Market) NAR Short Sales and Foreclosure Resource (SFR) Certification
With respect to trust accounts, the amended statute provides that real estate brokers and licensed real estate property managers may not commingle funds in a client trust account, with the exception of compensation earned in connection with a real estate sale, purchase, or exchange transaction.2 Commingling is defined as «the mixing of funds from any source, including personal funds, with trust funds... by a licensed real estate property manager or principal real estate broker.3 Licensees do not need to create a trust account when acting only as a courier conveying a check payable to the seller from the purchaser.4
There are other associations that can do more for their careers and marketing contacts... experienced licensees... lament that board membership does: little to advance their careers, little to provide access to the research that will keep them savvy about emerging needs of their clients, (does) not support higher standards for new entrants to the industry given the increased complexity of property issues, (does) the dance of ambivalence about authentic professionalism as a goal for a real estate brokerage career path, and has only a motherhood position on the importance of real estate brokerage as a service that helps shape better communities by informed approaches to land and property issues.»
Second, there was no way the Buyer could recover any damages from the Licensee in this proceeding, as the Division only had the power to revoke, suspend, or refuse to renew the Licensee's real estate license.
Licensees should therefore be familiar with the provisions of not only RESA, but also the Real Estate Services Regulation and Rules.
A Multiple Listing is a form of exclusive listing which differs from the previous example only in that the seller's brokerage agrees to register your home in a Multiple Listing Service (MLS ®) so that its availability is made known to all real estate licensees who are members of the local real estate board.
Therefore, limited dual agency in designated agency occurs only when the same licensee or licensees have been designated as the designated agent to represent two different clients who have conflicting interests; e.g. who become interested in negotiating with respect to the same real estate.
However, a licensee must remember that he or she may only provide real estate services on behalf of the brokerage with which they are engaged.
JJJ is a real estate licensee licensed only to provide trading services and rental property management.
If the licensee is managing rental real estate owned by a corporation, and the licensee is the only shareholder of the corporation, the licensee must provide written notice to the licensee's managing broker that the licensee will be providing rental property management services to or on behalf of that corporation.
2.11 A person who is providing trading services only by referring a party to a trade in real estate to a licensee, or by referring a licensee to a party, for the purpose of the licensee providing trading services, is exempt from the requirement to be licensed under Part 2 of the Act in relation to the person's provision of those referral services if
Not all real estate licensees are the same; only those who are members of the NATIONAL ASSOCIATION OF REALTORS ® (NAR) are properly called REALTORS ®.
Common Law licensees who practice only in commercial real estate (zero residential trades) are eligible for an exemption to the mandatory buyer brokerage agreement information session, because the information is specific to the practice of residential real estate.
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, (312) 814-4500), 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).
(3) Money received by the real estate council on account of a discipline penalty under section 43 (2)(i) or, subject to the regulations, an additional penalty under section 43 (2)(j) may be expended by the real estate council only for the purpose of educating the public, and licensees and other participants in the real estate industry in British Columbia, about
A display kiosk does not require licensing as a branch office provided it is only a display and not staffed by real estate licensees or others.
Licensee agrees to use the website (s) only to promote their own real estate business.
If the office is used by related licensees to only complete paperwork and make telephone calls, and the office does not have any signage to indicate that it is a real estate office, it will not be required to obtain licensing under the Act.
6 DOS 94 Matter of DOS v. Eagle Financial Services - motion to amend complaint; procedural due process; motion for severance; motion for stay of proceedings; adjournment; once issued, license is valid even if procured by fraud and voidable only in quasi-judicial proceeding; negotiating of mortgage loan requires real estate license; corporate licensee vicariously liable for conduct of unlicensed salesperson; failure to return and conversion of deposits
(a) when a referral fee is received by a brokerage in relation to trading services, and the only trading service provided by the brokerage is the referral of a person to a licensee or a licensee to a person for the purposes of a licensee providing real estate services; or
It is important that real estate licensees avoid construction, and for repairs or maintenance under $ 10,000, real estate licensees should only coordinate work by licensed sub-contractors.
(3) If trading services are provided by a licensee who has been designated to provide those services as a designated agent to or on behalf of only one party to a trade in real estate, the only remuneration that must be disclosed is the remuneration paid or payable to the licensee's related brokerage in relation to the services provided by that licensee to or on behalf of that party, and the disclosure must be made in accordance with subsection (2).
(b) if that person is a personal real estate corporation or a controlling individual of a personal real estate corporation, by using the licensee name of the personal real estate corporation only.
107 DOS 98 Matter of DOS v. Sosis - subject matter jurisdiction; due process; failure to appear at hearing; proper business practices; deposits; fraudulent practice; DOS fails its burden of proof; DOS has subject matter jurisdiction if at the time the disciplinary proceeding was commenced by proper service of a notice of hearing and complaint the party was (i) licensed to engage in regulated real estate activities, or (ii) an applicant for either a license or for the renewal of a license to engage in regulated real estate activities, or (iii) eligible to automatically renew the prior license under the two - year limitation provision of RPL § 441 (2); ex parte hearing is permissible upon proof of proper notice of hearing; DOS has subject matter jurisdiction where party was licensed at the time proceeding was commenced and, where at time of hearing, although not licensed was eligible to automatically apply to renew pursuant to RPL § 441 (2); licensee operated a real estate brokerage business under an unlicensed name; licensee unlawfully retains deposit funds after deposit monies were delivered on the condition that same were to be disbursed only on the principal's consent and approval and said consent and approval was not given; licensee's illegal exercise of right of ownership over his principal's funds spawns conversion and constitutes a fraudulent practice; DOS fails its burden of proof to establish licensee failed to deposit trust funds in a segregated escrow account, engaged in fraud and changed business location without notice to DOS; restitution ordered in the amount of $ 1,900 plus interest, fine of $ 1,000 and any further application for licensure shall not be considered until applicant pays said fine and provides proof of payment of restitution
Over the years, there have been a few cases in which licensees were under the impression that their personal real estate corporation was licensed — only to realize that they had not completed all the necessary steps, and the personal real estate corporation was not in fact licensed.
* The commission's role — The commission arbitrates only those disputes involving earnest money deposits held by a real estate licensee.
Percentage wise, that's only 15 percent growth, «but it's interesting to look at it as more than 2 percent of all current real estate practitioners are California licensees with less than one year's experience,» he says.
If you're tempted to provide real estate services outside of your brokerage, whether it's as a favour for a friend or for profit, remember: as a real estate licensee you may conduct real estate activities only in the name of your related brokerage, and only in the specific categories for which you are licenced.
(a) act in the best interests of the client; (b) act in accordance with the lawful instructions of the client; (c) act only within the scope of the authority given by the client; (d) advise the client to seek independent professional advice on matters outside of the expertise of the licensee; (e) maintain the confidentiality of information respecting the client; (f) without limiting the requirements of Division 2 [Disclosures] of Part 5 [Relationships with Principals and Parties], disclose to the client all known material information respecting the real estate services, and the real estate and the trade in real estate to which the services relate; (g) communicate all offers to the client in a timely, objective and unbiased manner; (h) use reasonable efforts to discover relevant facts respecting any real estate that the client is considering acquiring; (i) take reasonable steps to avoid any conflict of interest; (j) without limiting the requirements of Division 2 [Disclosures] of Part 5 [Relationships with Principals and Parties], if a conflict of interest does exist, promptly and fully disclose the conflict to the client.
Acquisition or disposition of real estate by licensee or a spouse or family partner of a licensee 9 - 4 (1) This section applies to an individual licensed, as a managing broker, associate broker or representative, to provide only
Differentiate yourself from real estate licensees with REALTOR ® - only access to tools and services to best serve your client.
Be aware, also, that this particular scheme is only one of many forms of online fraud being perpetrated against real estate licensees and their clients.
The new contract assignment regulations announced by the provincial government are intended to strengthen the requirement under the Real Estate Services Act that licensees act only in the best interests of their clients.
As a licensee, you may only solicit names of persons who are interested in acquiring or disposing of real estate in the name of the brokerage with which you are licensed.
Licensees must only receive remuneration related to the provision of real estate services from the brokerage with which they are engaged.
Revisit and amend any agreements with third parties to ensure that only licensees are providing real estate services on behalf of the brokerage.
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