Sentences with phrase «by licensees»

Note: A proposed amendment to section 4 - 6 of the Council Rules, removing the requirement for advertising by licensees to include the brokerage name in a «prominent and easily readable way,» was not approved by the Council at this time and has been referred back to the Council's Trading Services Advisory Group for further study.

a.) defining a word or expression used but not defined in this Act; b.) exempting classes of persons from the requirement to be licensed in order to provide real estate services and establishing restrictions and conditions in relation to an exemption; b. 1) respecting a minimum rate of interest for a brokerage trust account; c.) conferring additional powers and imposing additional duties and restrictions on the real estate council and council members, including by prescribing matters respecting which the real estate council may or must make rules and bylaws; d.) imposing fees or assessments to be paid by licensees in relation to the issuing, reinstatement or amendment of a licence and, in relation to this,

Amendments to section 7 - 1 of the Council Rules establish that deposits payable to another party received by licensees or brokerages must be delivered immediately.

Licensees will find a safety, health and environmental inspection / testing / government approval clause on page 134 of the Professional Standards Manual that would be appropriate to be used by licensees representing buyers, who are offering to purchase a property in which there may be materials that may contain asbestos.

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

5 - 17 (1) Despite section 5 - 16, a brokerage may engage in dual agency in respect of a trade in real estate if the real estate is in a remote location that is under - served by licensees and where it is impracticable for the parties to be provided trading services by different licensees.

The Commission's Bylaw mandates the use of certain real estate contracts and acknowledgements by licensees in their work with real estate consumers.

The Northern Virginia Association of Realtors ® (NVAR) supports legislation to protect the public from the ambiguity of real estate teams by defining teams and regulating the advertising and real estate services provided by licensees as part of a team or group.

(v) establishing or providing for the establishment of standard forms for use in providing real estate services, and requiring their use by licensees, and

(c) imposing council assessments to be paid by licensees to cover the expenses of the real estate council for its operations and for matters under its administration.

Remember that this is ADVERTISING and is subject to the PA Real Estate Commission's Rules and Regulations on advertisement of properties by licensees.

(vi) respecting the making of disclosures by licensees in relation to the provision of real estate services;

The Council's auditing program regularly inspects brokerages to confirm that their business practices comply with the legislated requirements, including proper handling of client funds and disclosure by licensees when buying and selling properties.

The Superintendent has provided a narrow exemption to the rule prohibiting dual agency, for rare situations where the trade occurs in remote locations that are under - served by licensees and where an alternative to dual agency would be impracticable.

The terms «remote» and «under - served by licensees» are not defined in the Rules.

Included in the group's mandate will be a look into whether assignment clauses are being used appropriately, and development of recommendations to increase the Council's enforcement and oversight of non-disclosure by licensees investing in properties.

A few lawyers initially resisted the new system but when asked if they wished to remain on the list of conveyance offices provided by licensees to their clients the resistance quickly disappeared.

The initial January rules also placed a narrow exemption on the dual agency ban for remote areas underserved by licensees and where an alternative to dual agency would be impracticable.

On the technology side, seamless access to information by licensees and the public was stressed.

The draft proposal from the Office of the Superintendent of Real Estate prohibits the practice of dual agency, except in «remote locations that are under - served by licensees.»

Because of this duty to supervise its licensees and also because the licensees are acting in the broker's name during their transactions, the trial court ruled that brokers are vicariously liable for intentional torts such as fraud committed by its licensees while they are performing their duties as a salesperson.

Our executive officer had to remind the claims committee as we railed against claims by some licensees and their recidivist ways: «You folks protesting claim settlements are like the coroner who complains all his patients are dead.

The common wisdom — some of it mine, I had just finished six years on the Real Estate Council — was the public would be better served by licensees who were fully trained in property management, rather than by part - time practitioners who did property management only when a client wanted them to find a tenant for the house just purchased.

Some courts are viewing the duties owed to buyers by licensees representing them as broader than the duties of listing agents.

7 — reviewing and approving Disclosures of Interest in Trade by licensees before a sale is entered into.

Our Web sites (including those operated by licensees affiliated with REALTORS ®) disclose the name of our companies and the licensees» state (s) of licensure.

The counselor and therapist licensing law addresses educational / training standards for counselors and therapists, a mechanism for the disclosure of relevant information by licensees, and provides a means to adopt and enforce ethical standards for practice.

It will also offer boards of pharmacy the opportunity to electronically authenticate the CPE units completed by their licensees, rather than requiring pharmacists and pharmacy technicians to submit their proof of completion statements (i.e. statements of credit) upon request or for random audits.

Any increase in overhead related to the BitLicense will be passed on to all customers or absorbed by licensees.

Negotiate and draft license agreements and track use by licensees to monitor and maintain quality control

Survey Participation by All Licensees — In 2013 the total membership of the two professions was 45,021 and, with a total survey response rate total of 3296, the combined response rate of the two professions was 7.3 %, using the 2013 figures.

The constitutionality of Recommendation 3.1 has been challenged on the basis that requiring such a statement to be made by licensees infringes the freedom of expression guaranteed to them by section 2 (b) of the Charter, which reads, in part, as follows:

The clinics and programs receiving the funds should be selected by the licensees themselves, through participatory democracy processes.

Paul Saguil, chairman of the law society's equity advisory group, says that the survey's results are unfortunately not surprising, given what the law society learned through its report about the challenges faced by licensees.

If you have licensed a Microsoft development tool, review the redistributable section of the EULA to learn which Microsoft properties may be redistributed by licensees.

No dogs could be sold by licensees unless a veterinarian has certified the animal has no infectious or contagious diseases.

The information on the register is provided by licensees.

The following are some different terms which should be used to help you identify color output devices and software that are approved by Pantone for use by our licensees and partners to indicate that their products provide support for a variety of PANTONE Color Systems:

The number of ATAP trainings completed by licensees and their staff increased from 5,803 in 2011, to 18,881 in 2017.

On 22nd August 1988, the Federal Minister for Transport and Communications directed the Australian Broadcasting Tribunal to hold an enquiry into «the portrayal, presentation and reporting of violence on television» and «the most appropriate method of ensuring that proper consideration is given by licensees to the suitability....

The draft proposal from the Office of the Superintendent of Real Estate prohibits the practice of dual agency, except in «remote locations that are under - served by licensees.»

He's also encouraged by the performance of its small stable of international locations, which are all operated by licensees.

Any products or services developed by the seller - licensor will be purchased by the licensee - buyer.

In determining the minimum amount of capital that must be maintained by a Licensee, the superintendent will consider a variety of factors, including but not limited to:...

(e) the conditions under which the export from Alberta of natural gas, crude oil or refined fuels by the licensee may be diverted, reduced or interrupted;

SB 59 amends the statute to include virtual currency owned by the licensee as a permissible investment to the «extent of outstanding transmission obligations received by the licensee in identical denomination of virtual currency.»

Note: For reporting periods after 1 January 2018, if the total of the import levies payable by a licensee for a reporting period is less than or equal to $ 330, the levy will be waived.

Done on a computer by the licensee in 5 minutes.

Electronic Reserve: Electronic copies of extracts, chapters, or articles made and stored on the Secure Network by the Licensee for use by Authorized Users in connection with specific courses of instruction offered by the Licensee.

8.4 On termination of this License by the Licensee for cause, as specified in clause 8.2.2 above, the Publisher shall forthwith refund the proportion of the Fee that represents the paid but un-expired part of the Subscription Period.