Sentences with phrase «as licensee»

When you purchase a Coastal Living house plan in the form of a PDF File, CAD File or Construction Set, you, as Licensee, obtain the right to use these documents to construct a single house and for no other purpose.

However, because of your status as a licensee, you are required to do certain things that unlicensed members of the public are not.

Because these situations can quickly become complex, as a licensee you'd be wise to consult your managing broker, and to advise your clients to seek independent legal advice in the drafting of the assignment contract.

As a licensee, you have a duty of loyalty to your client, out of which arises other duties, such as:

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.

After monitoring the account to determine the likely timing of a close, the hacker will send an e-mail to the buyer, posing either as the title company representative or as the licensee.

Licensees preparing depreciation reports should disclose to their clients in writing that although they are licensed, they are not acting as a licensee in this case, so they are not regulated under RESA in relation to this service.

Whether you're acting for sellers or buyers, renters or landlords, as a licensee you must make disclosure of your interest in the trade before an agreement for the acquisition or disposition of the real estate is entered into.

The stipulation in assigning a licensee's remuneration is that the person to whom the remuneration is assigned must not be paid for acting as a licensee.

SPA / Strata Bylaws As a licensee, you are expected to be familiar with both SPA and your client's bylaws.

(b) does not, in any real estate advertising with respect to the real estate, indicate the name, address or telephone number of their related brokerage or of any place where the licensee is engaged in their capacity as licensee; and (c) does not provide any real estate services to the other party, or receive from the other party any remuneration with respect to real estate services, in relation to the acquisition or disposition of the real estate.

As a licensee, you may be in the legal position of being able to assign a contract if all the following conditions have been satisfied:

As a licensee, you should be aware of the potential complications that can arise, and know how to handle these situations.

As a licensee who wishes to provide real estate services through a personal real estate corporation, you must be the person who controls the Personal Real Estate Corporation — known as the «Controlling Individual.»

As a licensee, you have a duty of loyalty to your client.

As a licensee you are required to enter course completion information into the Agency's webpage for classes you have taken before your two years renewal date.

2 - 10 (1) Previous experience in B.C. — In order for an individual to be licensed for the first time as a managing broker or associate broker, the applicant must have been providing real estate services as a licensee for at least 2 years during the 5 years before the date of the application.

As a licensee and an agent of limited authority, a real estate licensee should have explicit authorization for handling deposits and a clear understanding of the purpose thereof.

(a) the applicant has had experience and training equivalent to that which he or she would have obtained if he or she had provided real estate services as a licensee as required by that subsection, or

(i) even though they are licensed under the Real Estate Services Act, they are not acting as a licensee in this case,

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.

(b) does not, in any real estate advertising with respect to the real estate, indicate the name, address or telephone number of their related brokerage or of any place where the licensee is engaged in their capacity as licensee; and

(d) provided real estate services as a licensee in British Columbia for a period of not less than 1 year during the 5 years before the date of the application.

(i) even though they are licensed under the Real Estate Services Act, they are not acting as a licensee in this case, and

(2) The Act and these rules do not apply to the licensee in relation to the rental property management services so long as the licensee does all of the following:

Another example is if Jie Wu uses the name Jeffrey Wu for advertising purposes and has registered this as his licensee name with Council.

«deceptive dealing», in relation to a person providing real estate services as a licensee, means any of the following:

Another example would be where Jie Wu uses the name Jeffrey Wu for advertising purposes and has registered this as his licensee name with Council.

(4) A licence that is suspended under subsection (3) is automatically reinstated as soon as the licensee pays to the insurance corporation the full amount due by the licensee, together with interest on that amount at a rate determined by the insurance corporation.

(4) A licence that is suspended under subsection (3) is automatically reinstated as soon as the licensee pays to the compensation fund corporation the full amount due by the licensee, together with interest on that amount at a rate determined by the compensation fund corporation.

The Real Estate Services Act and the rules do not apply to the licensee, meaning the property may be managed separately from the related brokerage, so long as the licensee:

In addition, the Council has issued an order requiring the brokerage Lester Lin Realty, Vancouver, and its managing broker, Jeffrey Fee, to immediately cease permitting Mr. Lin from holding himself out as a licensee or an unlicensed assistant associated with the brokerage.

Section 5 - 11 of the Rules requires you, as a licensee, to disclose all remuneration you receive that is not paid directly by your client.

You can not act as a designated agent for the buyer while also acting as your licensee's managing broker for the transaction.

Additionally, the licensee must advise the family member, corporation, or partnership, in writing, that the licensee is not acting as a licensee and is not regulated under RESA in relation to this transaction and provide a copy of the written disclosure to the managing broker of the related brokerage.

Once the new Rules take effect on June 15, 2018, can I act as a designated agent for a client while also acting as my licensee's managing broker in the same transaction?

(i) even though licensed under the Real Estate Services Act, XYZ is not acting as a licensee in this case, and consequently;

The Discipline Hearing Committee has further ordered that, in addition to ensuring that Mr. Lin no longer associates himself as a licensee or as an unlicensed assistant with the brokerage Lester Lin Realty, the brokerage and the managing broker, Jeffrey Fee, must take immediate steps to ensure that licensees associated with the brokerage are properly supervised as required under the Council Rules.

provide the rental management to the family member, partnership, or corporation for free and provide to the family member, partnership, or corporation, as applicable, in writing, that the licensee is not acting as a licensee and is not regulated under RESA in relation to this transaction.

discloses to each potential tenant before entering into a tenancy agreement that even though the individual is a licensee, they are not acting as a licensee in this case and the licensee is not regulated under the Real Estate Services Act in relation to the rental real estate; and

discloses in writing to each person who owns the real estate, before providing the services, that even though the individual is a licensee, they are not acting as a licensee in this case and the licensee is not regulated under the Real Estate Services Act in relation to the rental real estate;

If there is no real estate component in the sale of a business by assets or sale of 100 % of the shares of the corporation that owns the business, or in circumstances where there is the sale of less than 100 % of the shares, licensees must advise the party that engages the licensee to list and sell the business that they are not acting as a licensee and that the licensee is not regulated under RESA in relation to the sale, including holding the deposit.

The Real Estate Services Act and the rules do not apply so long as the licensee:

discloses in writing to the strata corporation before providing the services that, even though the individual is a licensee, they are not acting as a licensee in this case, the licensee is not regulated under the Real Estate Services Act in relation to the strata management services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this exemption;

The Rules require that as a licensee, you must disclose all remuneration you receive or anticipate receiving from anyone other than your client.

discloses in writing to the strata corporation before providing services that the licensee is licensed but is not acting as a licensee, that the licensee is not regulated by RESA, and that the strata corporation is not entitled to the same protections under RESA as are strata corporations that deal with licensees that are not exempted;

Section 9 - 3 of the Rules allows an individual licensee who is a strata lot owner to provide strata management services to or on behalf of the strata corporation in which the strata lot is a member so long as the licensee:

«With 31 years of experience as a licensee, I understand firsthand the seriousness with which Realtors take the responsibility of assisting British Columbians to buy and sell their homes,» says Moloney

«With 31 years of experience as a licensee, I understand firsthand the seriousness with which Realtors take the responsibility of assisting British Columbians to buy and sell their homes,» says Moloney in a statement.

Because she had been a member of the association and licensed to use the marks for 20 years, she was barred by a legal doctrine known as licensee estoppel.