Sentences with phrase «when licensees»

When licensees have a direct or indirect interest in a real estate transaction, they are required to disclose it, in writing.

Keep meeting minutes or notes to ensure that when licensees are unable to attend a meeting, they do not miss important information that may affect the services they're providing.

Keep meeting minutes or notes to ensure that when licensees are unable to attend a meeting, they do not miss out on important information that may affect the services they're providing.

When licensees provide real estate services to developers, they must do so through the brokerage with which they are licensed rather than directly with the developers.

Langton said an Alcohol Management Plan at Napranum in Cape York had reduced violence against women; Thirsty Thursdays, when licensees agreed not to sell alcohol takeaway, had had the same impact.

(1) When a licensee establishes a debt management plan for a debtor, the licensee may charge and receive an initial fee of $ 50.00.

Inactive status is the licensure status that results when a licensee has applied to be placed on inactive status and has paid a $ 50 fee to the department.

A business relationship is deemed to exist when a licensee conducts a second purchase or sale transaction with a particular client within five years.

Who among us hasn't flinched at a sales meeting when a licensee blurts out, «They're (pick one) getting a divorce, six months in arrears, dying of cancer, the last NDPer in Calgary — bring any offer!»

When a licensee is charged with supervision, that power comes with great responsibility.

A Kentucky appellate court has ruled that a real estate licensee did not guarantee the quality of a pest control company when the licensee recommended the pest control company to a buyer.

The definition anticipates that a principal and agent relationship exists when a licensee is engaged by a client.

As a result, when a licensee acquires property as a tenant, disclosure must be made to the landlord except in limited circumstances.

The disclosure must be made to an unrepresented party when the licensee is already representing a client to a trade in real estate.

Additionally, when a licensee offers property for rent in circumstances where either sections 9 - 1 and 9 - 2 of the Rules do not apply (as explained above under the heading «Application of RESA»), the licensee must also make the appropriate disclosure.

Under the former Real Estate Act, licensees were required to disclose to sellers when the licensee was acquiring real estate.

Under RESA, the need for disclosure has been expanded to include disclosure when a licensee is disposing of real estate and disclosure when a licensee is assisting an associate in the acquisition or disposition of real estate.

When a licensee decides to move to another brokerage, what happens to the sellers that they have been working with and their listings?

As well, subsection 5 - 11 (3) specifies that when a licensee is acting as the designated agent for only one party in a transaction, the amount of remuneration that must be disclosed is the amount payable to the brokerage in relation to that client.

Dual agency is when a licensee represents two or more parties with competing interests in a trade in real estate, such as both buyer and seller, or two or more competing buyers.

That is to say, when any licensee at a common law brokerage enters into agency with a buyer or a seller, every licensee at the brokerage is immediately considered to be a representative of that buyer or seller and owes them undivided loyalty, advice and advocacy.

Unlike common law, when any licensee at a designated agency brokerage enters into agency with a buyer or seller, only the licensee (s) specified in the brokerage agreement as the designated agent represents the buyer or the seller.

(ii) may be paid out of the trust account in accordance with section 5 - 15 [when licensee remuneration can be paid out of trust account] of these rules.

But keep in mind that an agency relationship may be created by conduct, when a licensee's actions lead the consumer to believe that the licensee is acting as their advocate.

This may occur when a licensee already has an agency relationship with a seller, for example, and a buyer becomes interested in the seller's property.

Licensees cover sales agreements and what do do when a licensee is a principal in a transaction, followed by leases and common lease clauses.

Dual agency refers to when a licensee represents, in a single transaction, two or more clients whose interests are in conflict.

When another licensee's actions «feel wrong», yet you're not sure whether they constitute misconduct under RESA, ask yourself the following questions:

When a licensee represents a seller who is an owner - builder, or who is a subsequent owner within the first 10 years as required by the HPA Regulations, the licensee should insert a clause in the Contract of Purchase and Sale confirming delivery of the Owner - Builder Disclosure Notice as follows:

When the licensee receives a call, they can take immediate steps to deal with the issue by contacting the appropriate contractor or restoration company as necessary.

It is important to remember that under brokerage agency practice, when a licensee engaged by a brokerage lists a property for sale, the brokerage is appointed as the agent of the seller, and all of the brokerage's related licensees assume the agency obligations of the brokerage in relation to that seller.

Complications arise when a licensee attempts to act as a principal and as an agent for the other party in the same transaction.

Similarly, under brokerage agency, when a licensee engaged by a brokerage acts as a buyer's agent, the brokerage is appointed as the agent of the buyer, and all of its related licensees assume the agency obligations of the brokerage in relation to that buyer.

Clients may choose to not allow a licensee to continue to represent them when that licensee is in a conflict of interest.

When a licensee is acting as a dual agent, the licensee needs to disclose this fact to his / her client and failure to do so is a breach of his / her fiduciary duty.

Not exact matches

The licensor - seller guarantees an income greater than or equal to the price the licensee - buyer pays for the product when it's resold and that there is a market present for the product or service.

While Eckstein's company is still small (especially when compared to huge Star Wars licensees like Lego and Hasbro), she is hoping to get a piece of that growing pie.

A brand license works best when the licensors and licensees understand what to expect from each other.

He said licensees that want both a BitLicense and a traditional money - transmitter license won't have to duplicate the application process, and that there will be no need to file «suspicious activity reports,» or SARs, when these anti-money-laundering actions have already been handled by the U.S. Treasury Department's Financial Crimes Enforcement Network, or FinCEN.

It should certainly be interesting, if the RECBC does decide to carry this thru to the nth degree with this example of government meddling, when some buyer, (that can't use his licensee Sister) decides it is a draconian measure for the Government of BC to dictate whom said buyer may choose to write his contract to purchase a property in The Province and brings the matter before the courts.

It offers an oppor - tunity to study systematically the interaction of several copyright issues: including the rights (or lack thereof) of exclusive licensees as plaintiffs in parallel import situations, the distinction between exclusive licensees and assignees, the nature of works of authorship, the characteristics of copy - right infringement, the status of copyrightable works when used as trade - marked logos, the limits (if any) of concurrent copyright and trade - mark protection, and even the distinction between trade - mark, copyright, and patent as autonomous yet related legal regimes.

The amendment means licensees must show how their pub can be accessed by disabled customers, when applying for a license.

4.2.7 Submit articles and excerpts from the Licensed Materials when required by law for use in legal proceedings provided each article or excerpt from the Licensed Materials contains a credit line noting the original appearance of the article in its appropriate journal; provided the use is otherwise without modification to the original material; and provided such use does not present any material from the Licensed Materials in any manner that implies that Publisher endorses Licensee or any of the Licensee's products or services;

When you combine all this with the situation in the US, where the Kobo licensee Borders Inc was just shut down a few days ago, it's been quite a month for the Canadian - based Kobo Books, a two year old start - up which has now seen the wholesale change of its founding retail partners.

For licensees in the U.S. who do not own a vehicle but are concerned about liability protection when driving non-owned vehicles, the solution is a non-owners insurance policy with sufficient limits to meet their needs.

(2) For the purposes of this Section, a person acquires or controls the licensee when at least one of the following conditions exists:

For the first time in the history of the Animal Welfare Act, a Court has ruled that the USDA may not renew a license of a chronic violator when the record before the Agency shows that the licensee has habitually been cited for major violations of the statute.

When it is determined that the owner, licensee manager or responsible DVM, or facility has violated any provisions of the Veterinary Practice Act or is in violation of the rules promulgated by the board, the board may take disciplinary action as provided by the Veterinary Practice Act.

(4) Should a licensee fail to meet the CE requirement when applying for license renewal and does not request an extension, his name shall be presented at the next board meeting for the board's determination of possible disciplinary action.

For example, a licensee who returns to practice on June 1, 2012 would be required to complete continuing education credits from January, 2012, when the law became effective, until May, 2012.