Sentences with phrase «also real estate licensees»

The home purchaser sued the sellers of the home, who were also real estate licensees with the broker Campos & Associates Realty, for misrepresentation.

To help her stay on top in real estate she relies on a full - time personal assistant and her son, also a real estate licensee.

Not exact matches

Besides marketing property, licensees also often buy real estate, either for personal use or as an investment.

Ohio law allows a real estate professional to represent multiple parties looking at the same property, but it isn't clear whether this also allowed a licensee to write multiple offers for the same property.

Similarly, the court found that the Rule's requirements for a brokerage agreement also described an agreement between a licensee and a consumer, not two real estate brokers.

There's also been a trickle of more Mac users into the real estate field, including new licensees.

And, in order to remove any suggestion of a default employer / employee relationship between a real estate company or sole proprietor broker and a licensee, the Wisconsin real estate license law was also amended to remove all employer and employee references, and instead make reference to firm and agent.

In that case, the sellers were also licensees who handled the real estate transaction.

The court also found Brokerage in violation of state law prohibiting real estate licensees from engaging in «any conduct with demonstrates unworthiness, incompetency, bad faith or dishonesty.»

CAR also helped defeat efforts to increase the state's portion of the property conveyance tax (municipal rates, however, were raised for 15 months to $ 2.50 per $ 1,000 from $ 1.10) for both residential and commercial properties and to raise real estate licensee costs, which will remain at $ 450 ($ 300 renewal fee) for brokers and $ 225 for associates.

Georgia's highest court has considered whether a real estate licensee who referred clients to her lover who was also a licensee could later claim referral fees when the lovers» relationship came to an end.

The Supreme Court of Alabama has ruled on when an appraiser can be liable to third parties for a negligent misrepresentation made in his appraisal report and also whether a real estate licensee representing the seller has a duty to disclose to the buyer that the owner of the licensee's brokerage has an ownership interest in the property being sold.

The court also stated the fact that the Buyers were both real estate licensees further demonstrated that they should have been aware of the risks involved in proceeding with the closing.

Licensees should therefore be familiar with the provisions of not only RESA, but also the Real Estate Services Regulation and Rules.

Section 9 - 2 of the Rules also permit a licensee to manage rental real estate owned by a partnership if the partners are any combination of the licensee, and the licensee's spouse, family partner, son, daughter, or parent.

Additionally, if a licensee intends to dispose of real estate, the licensee must also make disclosure to the buyer of the real estate.

I also understand and agree that if accepted for membership, I will pay all dues and fees as are from time to time established, and that the total amount of dues for which I will be personally and individually liable and responsible, as Designated REALTOR ® of the firm or office named herein, shall be in such amount as established annually by the Board of Directors for myself, plus an amount times the number of real estate licensees or certified appraisers employed by or otherwise affiliated with my firm or office who are not themselves REALTOR ® members of the Association.

Her office protects consumers from unlicensed real estate services activity and also has independent authority to appeal disciplinary decisions of the Real Estate Council or intervene and pursue regulatory action against licensees in certain circumstanreal estate services activity and also has independent authority to appeal disciplinary decisions of the Real Estate Council or intervene and pursue regulatory action against licensees in certain circumstestate services activity and also has independent authority to appeal disciplinary decisions of the Real Estate Council or intervene and pursue regulatory action against licensees in certain circumstanReal Estate Council or intervene and pursue regulatory action against licensees in certain circumstEstate Council or intervene and pursue regulatory action against licensees in certain circumstances.

It was also not uncommon for a licensee to work as an employee of a developer to market the developer's property while also holding a real estate licence.

Advertising that identifies an individual who has a personal real estate corporation must also use the licensee name of the personal real estate corporation, not the individual's name.

Additionally, a Disclosure of Interest in Trade form must also be completed if an associate of the licensee is either acquiring or disposing of real estate and the licensee is providing real estate services to the associate.

Licensees should also keep in mind that the disclosure must be made before an agreement for the acquisition or disposition of the real estate is entered into.

This advice would also be applicable if licensees are involved in the sale of a business that initially involves the sale of assets with a real estate component which would require a real estate licence but subsequently changes to the sale of less than 100 % of the shares of the corporation owning the real estate which would not require a real estate licence.

If a licensee is the sole shareholder of a corporation that owns rental real estate and the licensee provides rental property management services to the corporation, the licensee must also provide written disclosure to the licensee's managing broker that the licensee will be providing rental property management services to or on behalf of the corporation.

If the Council approves a team name for a group of related licensees, real estate advertising may also identify the group by its team name (section 4 - 6 of the Rules); e.g. «The AV Team,» where «The AV Team» is neither the licensed brokerage nor a registered trade name.

If the licensee is also a member of a local real estate board, it may be approached.

¶ 9 Paramount also listed undisputed facts regarding the 2013 transaction for the Residence during which Amber Sprague was the real estate licensee.

As a licensee with a personal real estate corporation, if you apply to change anything on your licence, you must also apply to make the same change on the personal real estate corporation licence.

(5) If the council approves a team name for a group of related licensees, real estate advertising may also identify the group by this team name.

Mr. Smith is also the leader of a team of licensees at his related brokerage, known as the ABC Team, and he wonders if he can distribute commissions to the other team members through his personal real estate corporation.

This Disclosure Form also serves as confirmation that the Licensee's Agency or Transaction Broker status was communicated orally before any real estate services were provided.

The court also stated that real estate licensees customarily serve as intermediaries between buyers and sellers and their services ordinarily consist of communicating offers back and forth between the parties, accompanying prospective buyers desiring to inspect or view the premises involved, negotiating the terms of the sale, and sometimes assisting the buyer in arranging for financing.

The court also noted that if the Buyers had hired an attorney to handle the transaction, the attorney may have uncovered the zoning defects but the real estate licensees were not obligated or trained to investigate the property's zoning.

Licensees must also keep in mind that the definition of a «trade in real estate» includes a transaction for the leasing of real estate.

Section 5 - 13 of the Council Rules also provides that if the client instructs the licensee not to disclose the material latent defect, the licensee must refuse to provide further trading services to the client in respect of the trade in real estate.

Section 5 - 13 of the Rules also provides that if the client instructs the licensee not to disclose the material latent defect, the licensee must refuse to provide further trading services to the client in respect of the trade in real estate.

To find out more about choosing a real estate licensee and the services to expect, you may also want to review the Council's Consumer Publications.

Therefore, in addition to ensuring that all licensees are appropriately licensed for the real estate services they are offering, the managing broker should also ensure that no unlicensed individual is providing services that require a licence.

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.

Managing brokers can also take note of two articles of particular interest: a reminder to review the licence applications of new licensees at their brokerages, to ensure these licensees are not planning on providing any real estate services other than through the brokerage (see «Once a Licensee, Always a Licensee»); and a look ahead at the new Applied Practice Course that will be launching in January 2015.

Licensees who participate in an illegal sale could also be the subject of disciplinary action under the Real Estate Services Act.

A licensee may also agree with a buyer / tenant or a seller / landlord that they will provide real estate services to them but not act as an agent on their behalf in a transaction.

Real estate licensees who join a local Member Board of REALTORS ® also become members of the State Association and the National Association of REALTORS ®.