Not exact matches
The BitLicense requires each
licensee to maintain capital in the amount and form determined by New York's Superintendent of Banking as well as «a surety bond or trust account in United States dollars
for the benefit of its customers in such form and amount as is
acceptable to the superintendent.»
The scope of the oustide engagement included searching
for a purchaser,
licensee or partner
acceptable to GENR and assisting it in negotiating the financial aspects of a transaction.
That does not mean that the conduct of our clients is necessarily
acceptable as conduct
for a
licensee.
AL / Counselors: Activities not providing NBCC approval may be approved by the Board
for individual
licensees upon receipt of
acceptable documentation prior to the activity.
Provincial regulation is the minimum threshold of
acceptable behaviour
for all
licensees.
Canadian real estate regulators are responsible
for the uniformity of a MINIMUM standard of
acceptable licensee behavior as articulated in regulation, while it appears that CREA members active in REM forums are advocating an IDEAL ethical standard of behavior.
A real estate
licensee is hired by a prospective buyer as an agent to find an
acceptable property
for purchase and to negotiate the best possible price and terms
for the buyer.
9 DOS 94 Matter of DOS v. Shane - motion
for pre-hearing discovery beyond SAPA 401 (6) is denied; rules re: subpoenas in administrative proceedings reiterated; proper procedure of reserving right to file post-hearing memorandum of law; MLS form listing agreements are
acceptable; individual license not sufficient to allow acting as representative of corporate
licensee - need affiliated license; agreements procured by individual acting under name of firm but without affiliated license are illegal and unenforceable - no brokerage fee can be claimed; misrepresentation and execution of unauthorized extension; misrepresentation of law (distinction between canceling agency authority and abiding contract rights); RPL § 443 controls the disclosures required of
licensees; subsequently licensed corporation not vicariously liable; failure to provide copy of agreement (19 NYCRR 175.12); inadvertence considered in determining penalty
It is not
acceptable for a managing broker seeking holiday relief coverage to invite a
licensee from another brokerage to handle the brokerage's business unless co-listing documentation has been signed by both brokerages and the client.
Licensees are urged to be careful when acting
for buyers and sellers to ensure that any offer, subject to court approval, is in
acceptable form, including the manner in which the potential buyers wish to be shown on title (tenants in common or joint tenants).