The court stated that these decisions should not be construed as immunizing real estate licensees from property disclosure lawsuits
as real estate licensees can still be sued when they have special knowledge of an undisclosed condition that is not discovered by the buyer and which would probably affect the buyer's decision to proceed with the transaction.
Curtis and Betsy Williamson («Salespeople»), a married couple as well
as real estate licensees, were associated...
Many of the regulatory body staff members who served as members of the ATF had extensive experience
as real estate licensees prior to joining those regulatory bodies.
Fundamentally, professional behaviour in every aspect of our lives (
as real estate licensees, as marriage partners, as parents, as neighbours and as members of society), builds greater trust and confidence in those around us.
Example 1: REALTOR ® A, who had recently earned her real estate license, was found to have violated Article 12 for advertising a listed property without disclosing her status as either a REALTOR ® or
as a real estate licensee.
With a career spanning over 25 years in the real estate industry, Hill has accumulated extensive experience
as a real estate licensee and as an MLS executive including sales, management, customer support, marketing, and product development.
As a real estate licensee, you're not expected to have the knowledge of a qualified home inspector.
Jason Saad, who was allegedly not related to the Ally Saad but who worked
as a real estate licensee in the same office, was represented at the closing by Ally Saad.
As a real estate licensee, Fred should ensure his clients understand which of his services are regulated under RESA, which are subject to the Business Practices and Consumer Protection Act, and that any funds he collects on behalf of the clients will be held by his brokerage in segregated accounts.
This is rather like licensees introducing themselves to a consumer at an open house; they identify
themselves as a real estate licensee and present a business card with the name of their brokerage displayed.
287 DOS 98 Matter of DOS v. Uqdah Realty & Management Corp. — deposits; jurisdiction; fraudulent practices; failure to pay judgment; vicarious liability; notary public; disclosure of agency relationship; broker violated 19 NYCRR 175.1 when he deposited escrow funds into his operating account; broker committed conversion when his operating account fell below deposit amount; broker engaged in fraudulent practices when he illegally retained buyer's trust funds and attempted to qualify prospective buyer for mortgage by falsely stating their employment; broker failed to disclose his agency relationship to his client; failure to pay judgment; corporate real estate broker vicariously liable and charged with actual knowledge of violation of law because of representative broker's cognizant misconduct as corporate officer; broker is not required to deposit a refundable commission in an escrow account unless contractually demanded; corporate broker and representative broker's license revoked; restitution of deposit of $ 12,000 plus interest; notary public commission revoked based on misconduct
as a real estate licensee
The Tennessee Real Estate Commission complaint process enables a member of the public to file a formal complaint against a real estate licensee they believe has acted improperly or illegally in the performance of their duties
as a real estate licensee.
As a real estate licensee, you work for your clients, and your actions and decisions must always be taken with their best interests in mind.
As a real estate licensee who has no brokerage relationship with you, BROKER and its associates owe to you the following duties: 1.
must not have been refused a licence, been convicted of an offence, or disciplined by a professional body for a reason that reveals the applicant to be unfit
as a real estate licensee.
Still, you're not expected to analyze the HOA financial statements or any other document beyond your scope of knowledge
as a real estate licensee.
If you're tempted to provide real estate services outside of your brokerage, whether it's as a favour for a friend or for profit, remember:
as a real estate licensee you may conduct real estate activities only in the name of your related brokerage, and only in the specific categories for which you are licenced.
Think Before You Act: Understand the Risks of Project Marketing
As a real estate licensee, you know how to market and sell real estate.
175.17 for soliciting a listing when in fact what was solicited was the actual sale; cease and desist regulation applies to all licensed broker's regardless of in what capacity they act; broker bound by cease and desist regulation even though he was acting as a purchaser of the property and not in his capacity
as a real estate licensee; $ 500.00 fine
Remember —
as a real estate licensee, you are a trusted advisor with special expertise.
Not exact matches
You represent, warrant and agree that you are a REALTOR ®, an NAR member, the Canadian
Real Estate Association («CREA»), a member of CREA, an NAR or CREA member Board or Association, an NAR affiliate, an NAR
licensee, or otherwise in a contractual relationship with NAR relating to use of NAR's REALTOR ® mark and that, in such capacity, you are deemed an «Affiliate» of RED
as such is defined in the Registry Agreement, including
as specifically set forth in the Code of Conduct Exemption.
«
As the regulatory body responsible for administering the
Real Estate Services Act, we will be working on many fronts to make sure the requirements are well understood, that
licensees comply with their new obligations, and that comprehensive monitoring and enforcement programs are put into place.»
Massachusetts — Homespire Mortgage Corporation, Mortgage Lender License NMLS # 183215; New Jersey — Homespire Mortgage Corporation, 9711 Washingtonian Blvd., Suite 500, Gaithersburg, MD 20878, (800) 531-5363, Licensed Mortgage Banker — NJ Banking and Insurance Department; Pennsylvania — Licensed
as a first mortgage banker by the Department of Banking and licensed pursuant to the Pennsylvania Secondary Mortgage Loan Act; Virginia — Homespire Mortgage Corporation, NMLS # 183215; www.nmlsconsumeraccess.org Georgia Residential Mortgage
Licensee # 24052 — 9711 Washingtonian Blvd., Suite 500, Gaithersburg, MD 20878 Rhode Island — Rhode Island Licensed Lender # 20183561LL Colorado — Homespire Mortgage Corporation, NMLS # 183215, (800) 531-5363, Regulated by the Division of
Real Estate;
Alaska Business License No 299754; Loans will be made or arranged pursuant to California Department of
Real Estate, CA Mortgage Broker # 01383182; Colorado Supervised Lender License; CT Connecticut Second Mortgage Broker # 13387; FL State Florida Mortgage Broker # 385366; GA Georgia Residential Mortgage
Licensee, Mortgage Broker # 19240; MA Mortgage Broker # MB3598; This is not an offer to enter into an agreement, ME Main Loan Broker # CSO6907; MD Maryland Mortgage Lender # 12704; MI Registered in Michigan
as Second Mortgage Broker #SL 0010472; NE Nebraska Mortgage Banker # 825; NH Licensed by the New Hampshire Banking Department (Mortgage Broker # 11471 - MBR); Utah Consumer Credit Notification; VA Licensed by the Virginia State Corporation Commission, Mortgage Broker # 2456; WA Washington Mortgage Broker # 510 - MB - 25970; Not licensed in all 50 states.
Authorized
Licensees are independent from the Marriott Group, and include entities such
as Marriott Vacations Worldwide Corporation operator of the Marriott Vacation Club and Marriott and Ritz - Carlton
Real Estate, and the issuer of the Marriott Rewards Credit Card.
Besides marketing property,
licensees also often buy
real estate, either for personal use or
as an investment.
As for what the Peak
Real Estate Network is looking for in its
licensees, both father and son stress the importance of ethics.
Coming,
as I do from the land where
licensees can have no other God before them but
real estate, my lip began to curl.
In Arkansas, Gary Isom, executive director of the Arkansas
Real Estate Commission, recently announced that for 2015 safety education will be offered
as continuing education and safety will be a topic in the education for new
licensees.
Going even further, the revisions will require criminal background checks for all
licensees and
real estate instructors, eliminate the continuing education age exemption for those older than 65, and require ethics to be included
as a topic in every prelicensing course.
(2) The designation of one or more
licensees as a designated agent does not constitute dual agency under this section unless the
licensee designated
as the designated agent represents the parties referred to in paragraph (a), (b), (c) or (d) of the definition of «dual agency»
as clients in respect of a trade in
real estate.
My family has been in the
real estate business
as licensees, property owners and developers for more than 50 years.
Total
Real Estate «
Licensee / Registrants»
as published on 3/1/2011: Australia — 49,824; Bahamas — 2,026; Canada — 120,066; Hong Kong — 27,712; South Africa — 37,000; United States — 2,980,306.
Compared with
licensees of less than a decade ago, today's rookies bring more business skills and a perception of
real estate as a profession rather than a job.
A Connecticut court has considered whether a
real estate licensee breached his fiduciary duty while serving
as an escrow agent.
b. the name of the firm with which the
licensee is affiliated
as that firm name is registered with (name of
real estate regulatory body, commission, board etc.) or the d / b / a (doing business
as) name it has registered with the appropriate state / province agency, commonly recognized abbreviations are permitted;
As an example, the California Civil Code requires a
real estate licensee to conduct a visual inspection of residential
real property and disclose any observable problems.
As of May 16, the government requires contracts prepared by
real estate licensees to include clauses stating that the contract can not be assigned without the written consent of the seller, and that any profit from an assignment goes to the initial seller.
A
real estate licensee serving
as a transaction broker has two duties under the state's property condition disclosure law: to make available to the purchaser the seller's disclosure statement and to disclose any defects known to the
licensee that are not contained in the disclosure statement.
So last month we asked you, «Do you believe that
real estate and other
licensees should be penalized with revocation of professional, driver's, and sport licenses
as punishment for delinquent child - support cases?»
Real estate licensees are the customers of the regulator
as much
as the public they protect.
c. the name of the firm with which the
licensee is affiliated
as that firm name is registered with (name of
real estate regulatory body, commission, board etc.) or the d / b / a (doing business
as) name it has registered with the appropriate state / province agency, commonly recognized abbreviations are permitted; and
Licensees need to be mindful of how they refer to themselves and must take care not to characterize themselves
as brokers if they don't hold a
real estate broker's license.
The Pennsylvania
Real Estate Commission invoked sanctions against the
licensee for violating the state licensing statute by advertising herself
as a broker without having the required broker's license.
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.
I appreciate the arguement you make with having
licensees being required to measure a home in person
as a means of eliminating the long distance back alley service but, alas, the nature of this type of licensed
real estate agent will likely attempt to pass the responsibility onto the seller to provide documentation of square footage or have the seller pay for a measurement service.
The School offers
real estate courses to individuals interested in pursuing a
real estate career and mandatory continuing education courses for those
licensees with a Pennsylvania
real estate salesperson's / broker's license and / or a Pennsylvania broker / appraiser certification,
as well
as designation courses.
Maybe CREA's next TV ad should be a one minute piece wherein someone like me delivers an apology to the public for trying to convince them that all Realtors are professionals, when in fact far too many
licensees on any given day are tryouts who will become desperate for commissions before they pack it in, and that from here on in only properly pre-screened candidates will be allowed to attend
real estate school and thereafter embark on a three - year apprenticeship program before becoming licensed
as a Realtor... on probation... because... the public deserves better that it has been getting from us.
Represent themselves
as being a
licensee or
as being engaged in the business of buying, selling, exchanging, renting, leasing, managing, auctioning, or dealing with options on any
real estate or the improvement thereon for others.
Effective July 1, 2016, the Wisconsin worker's compensation statute will be amended to include a safe harbor similar to the IRS safe harbor for the treatment of
real estate licensees as independent contractors.