Sentences with phrase «real estate trading act»

Locally, for example, http://www.viewpoint.ca/ is a Brokerage under the Real Estate Trading Act of NS.

The Nova Scotia Real Estate Trading Act establishes the Nova Scotia Real Estate Commission as the regulatory body for real estate in the province.

to supervise Industry Members and Industry Member brokers to ensure they comply with the Real Estate Trading Act.

administering and enforcing the Real Estate Trading Act, its Regulations and the Commission Bylaw;

The Real Estate Recovery Fund («the Recovery Fund») is established through the Real Estate Trading Act and administered by the Commission.

the allegations that are substantiated constitute a violation of the Real Estate Trading Act, the Commission Bylaw or Commission policies; or

The Real Estate Trading Act requires every brokerage in the province to maintain an interest - bearing trust account where all money received by consumers is held.

The Real Estate Trading Act and Commission Bylaw both have specific rules on how trust funds can be moved around.

Advertising activity of all terminated licence holders, including, but not limited to, for sale signs, online advertising and social media pages must be removed at the time their licence is terminated to ensure compliance with the Real Estate Trading Act and the Commission Bylaw.

In 2011, the Nova Scotia Real Estate Trading Act was amended in part to create the Commercial Committee, whose role is to address matters of interest to commercial real estate licensees, such as the organisation of educational events for commercial licensees.

If she is unscrupulous (and willing to violate the Real Estate Trading Act), she may tell the seller, «If you're happy with $ 150,000, I'll try to sell your property for that and keep anything above that as my commission.»

The Commission is mandated by the Real Estate Trading Act to set licensing standards for Nova Scotia real estate industry.

Salesperson - According to the Real Estate Trading Act, a salesperson is a person employed, appointed or authorized by a broker to trade in real estate on behalf of that Brokerage.

By licensing real estate practitioners (Industry Members), enforcing certain standards of practice required by the Nova Scotia Real Estate Trading Act, and investigating and taking disciplinary action against Industry Members found in violation of the Act, the Bylaw, or the Policies and Procedures.

If you believe a licensee or brokerage may have acted improperly by violating the Real Estate Trading Act, its Regulations or the Commission Bylaw during the course of a trade in real estate you may contact us to file a written complaint.

Located in Bedford, Nova Scotia, the Nova Scotia Real Estate Commission is an independent, non-government agency, responsible for regulating the real estate industry in Nova Scotia through the administration of the Nova Scotia Real Estate Trading Act.

supervise licensees and to ensure they comply with the Real Estate Trading Act, its Regulations and the Commission Bylaw; and

The Commission is given the authority to establish and enforce the Bylaw necessary to regulate the real estate industry in Nova Scotia through the Real Estate Trading Act.

The Nova Scotia Real Estate Commission hereby gives notice that the real estate broker licence for Martina Robinson, broker of Robinson & Harmsen Lifestyle Real Estate Inc. in Lake Charlotte, Nova Scotia is suspended from September 1, 2017 to September 1, 2018 for violating the following sections of the Real Estate Trading Act and the Commission Bylaw:

A consumer who carries out a real estate transaction through an unlicensed person is not protected under the Real Estate Trading Act, because the protection mechanisms apply only when the consumer deals with a professional recognized under the law.

Find out more about the Real Estate Trading Act and the provincial regulations

The Real Estate Trading Act and Commission Bylaw, which came into effect on January 20, 1997, contain rules regarding advertising.

The practices used must be consistent with the requirements of the Real Estate Trading Act and Bylaw and reflect the high degree of professionalism that industry members are required to uphold.

All realtors are able to access, use and share this information with their customers («customer» as defined under the Nova Scotia Real Estate Trading Act).

In the province of Nova Scotia the Nova Scotia Real Estate Commission oversees the provincial real estate trading act, but every time I read articles like this I wonder how this is allowed to continue?

See the below excerpts from the Nova Scotia Real Estate Trading Act.

Not exact matches

Readers may remember that in December 2017, ETHNews reported on the Tax Cuts and Jobs Act (now Public law no. 115 - 97), which officially limited the exemption from capital gains taxes (CGT) on like - kind exchange to domestic real estate trading.

(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 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 to 69 - 1217.

«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.

He has experience in collections (writs of attachment and possession and receiverships), equipment and vehicle leasing, Fair Debt Collection Practices Act, Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act, Truth in Lending Act, Unfair Competition Law, Uniform Trade Secrets Act, Commercial Code (sales, negotiable instruments and secured transactions), banking, mortgage lending and shareholder disputes, insurance, First Amendment and privacy matters, breach of contract, labor, business torts, intellectual property (trademark and copyright), eminent domain, foreclosures, and other real estate matters.

Main areas of work Anti-corruption and Foreign Corrupt Practices Act, antitrust, capital markets, corporate governance, derivatives and structured products, environmental, executive compensation and employee benefits, finance, financial institutions advisory and financial regulatory, financial restructuring and insolvency, intellectual property, international arbitration, international trade and government relations, investment funds, litigation, mergers and acquisitions, project development and finance, real estate, sports, tax.

This Act does not apply to (a) any person not ordinarily trading in real estate who acquires real estate or disposes of real estate owned by that person or in which that person has a substantial interest, or an official or employee of any such person engaged in so acquiring or disposing of real estate;...»

(y) «trade» or «trading» includes a disposition or acquisition of or transaction in real estate by sale, purchase, agreement for sale, exchange, option, commercial lease or rental or otherwise and any offer or attempt to list real estate for the purpose of such a disposition or transaction, and any act, advertisement, conduct or negotiation, directly or indirectly, in furtherance of any disposition, acquisition, transaction, offer or attempt.

With those definitions and articles from the «Trading Act» how can a company that holds itself out as being available to trade in real estate through offering «professional services», posting properties for sale on websites and by providing helpful packages which include the «Offer Maker for the «private seller» and that in the words of Dale «By partnering together, PropertyGuys.com and Realtysellers will be uniquely positioned to deliver the broadest range of professional services...» be exempt from governance by these laws?

If a Sales Representative has left Legacy and signed with another brokerage and has asked the seller to reassign their listing, that agent would be in breach of the REAL ESTATE AND BUSINESS BROKERS ACT, 2002 Code of Ethics» (2) If a broker or salesperson knows or ought to know that a buyer or seller is a party to an agreement in connection with a trade in real estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.&raqREAL ESTATE AND BUSINESS BROKERS ACT, 2002 Code of Ethics» (2) If a broker or salesperson knows or ought to know that a buyer or seller is a party to an agreement in connection with a trade in real estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.&raqreal estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.».

NAR and its fellow trades advocated for the case to be heard by the United States Supreme Court in order to address conflicts in the interpretation of the Real Estate Settlement Procedures Act (RESPA) by various courts across the U.S.

'' a trade includes a disposition of or transaction in real estate by sale... and ** any offer or attempt ** to list real estate for the purpose of such a disposition... and ** any act **, advertisement... ** directly or indirectly **... in furtherance of any disposition...»

Ontario» Real Estate and Business Brokers» Act (REBBA) requires you to be a licensed real estate agent to trade in real estate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for lawyReal Estate and Business Brokers» Act (REBBA) requires you to be a licensed real estate agent to trade in real estate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for laEstate and Business Brokers» Act (REBBA) requires you to be a licensed real estate agent to trade in real estate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for lawyreal estate agent to trade in real estate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for laestate agent to trade in real estate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for lawyreal estate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for laestate, but REBBA does allow an exception for auctioneers, builders who sell their own product and for lawyers.

The REGISTRAR of the Real Estate and Business Brokers Act (Ontario) is empowered to grant REGISTRATION as a broker, or as a salesperson of a broker, to «trade in real estate&raqReal Estate and Business Brokers Act (Ontario) is empowered to grant REGISTRATION as a broker, or as a salesperson of a broker, to «trade in real estate&rEstate and Business Brokers Act (Ontario) is empowered to grant REGISTRATION as a broker, or as a salesperson of a broker, to «trade in real estate&raqreal estate&restate».

The Court thus concluded that real estate services met the definition of «trade,» and as such, the fixing of real estate commissions violated the Act.

In U.S. v. National Association of Real Estate Boards (NAREB), the U.S. Supreme Court held that services provided by a real estate agent are within the definition of «trade,» and as a result, the price - fixing of real estate commissions was a per se violation of the Sherman Antitrust Real Estate Boards (NAREB), the U.S. Supreme Court held that services provided by a real estate agent are within the definition of «trade,» and as a result, the price - fixing of real estate commissions was a per se violation of the Sherman AntitrusEstate Boards (NAREB), the U.S. Supreme Court held that services provided by a real estate agent are within the definition of «trade,» and as a result, the price - fixing of real estate commissions was a per se violation of the Sherman Antitrust real estate agent are within the definition of «trade,» and as a result, the price - fixing of real estate commissions was a per se violation of the Sherman Antitrusestate agent are within the definition of «trade,» and as a result, the price - fixing of real estate commissions was a per se violation of the Sherman Antitrust real estate commissions was a per se violation of the Sherman Antitrusestate commissions was a per se violation of the Sherman Antitrust Act.

Because I am not a member of Organized Real Estate, the Registrar has no power over me as long as I do not attempt to actually «trade» in real estate, that is to say, to try to assist in the actual selling or buying of real estate for direct monetary compensation; i.e., acting as an agReal Estate, the Registrar has no power over me as long as I do not attempt to actually «trade» in real estate, that is to say, to try to assist in the actual selling or buying of real estate for direct monetary compensation; i.e., acting as an Estate, the Registrar has no power over me as long as I do not attempt to actually «trade» in real estate, that is to say, to try to assist in the actual selling or buying of real estate for direct monetary compensation; i.e., acting as an agreal estate, that is to say, to try to assist in the actual selling or buying of real estate for direct monetary compensation; i.e., acting as an estate, that is to say, to try to assist in the actual selling or buying of real estate for direct monetary compensation; i.e., acting as an agreal estate for direct monetary compensation; i.e., acting as an estate for direct monetary compensation; i.e., acting as an agent.

In Binette v. Dyer Library Association, the Supreme Court of Maine addressed a buyer's claims against the seller and real estate agent and agency for negligent misrepresentation and violation of the Maine Unfair Trade Practices Act (MUPTA) for failure to disclose the existence of an underground storage tank (UST).

If you have been involved in a trade in real estate in which you believe a real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a complareal estate in which you believe a real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a compestate in which you believe a real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a complareal estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a compestate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council to file a complaReal Estate Council to file a compEstate Council to file a complaint.

The trading services must be provided in relation to the marketing of a development unit as defined in the Real Estate Development Marketing Act.

For licensees providing trading services, if they are acting either as a buyer's agent or as a limited dual agent, they will likely be receiving remuneration from someone other than their buyer client as a result of providing the real estate services.

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

(2) A person who is providing trading services to or on behalf of an expropriating authority, in relation to the expropriating authority's acquisition of real estate it is authorized to expropriate, is exempt from the requirement to be licensed under Part 2 of the Act in respect of those services if all the following apply:

(b) the trading services are provided to or on behalf of one or more developers, as defined in the Real Estate Development Marketing Act, of that development unit;