Based on that language, the court awarded the salesperson his share of all compensation received
by the brokerage prior to his departure.
Not exact matches
He worked for a major Canadian and global financial institution on the
brokerage and investment counseling side and just
prior to joining Leith Wheeler, Jerry was a portfolio manager with a national investment counsel firm in Calgary before its acquisition
by a major Canadian bank.
By using TheRedPin,
Brokerage users agree that TheRedPin,
Brokerage reserves the right to modify or change the Terms at its sole discretion and without
prior or post notice.
Account transfer fee reimbursement: Your new online
brokerage might actually help ease the transition
by comping or reimbursing your
prior broker's fee.
See also this very similar
prior Q&A dated Feb 18, 2013 which asks about a clause to be added to the APS to protect the seller — Question: Can an additional clause in a Schedule to the APS create an exception to the rule that if the deal doesn't close client money can only be released from a
brokerage's trust account
by a mutual release being signed
by both parties or
by a court order?
Two weeks
prior to the 2008 crash, she joined Sea to Sky Premier Properties, a
brokerage she refers to as an Internet - based business, complemented
by agents who work from Whistler and West Vancouver.
Apartment vacancy for the first quarter of 2017 remains unchanged compared to the
prior quarter, at 4.9 percent, according to data tabulated
by commercial real estate
brokerage CBRE for its most recent U.S. Multifamily MarketView Snapshot.
Prior to that, on June 5, 2018, NAR will have the opportunity to demonstrate the breadth and depth of competition in the real estate and
brokerage industry at a public workshop held
by the DOJ and Federal Trade Commission.
A word to the wise: demand transparency of commissions being offered
by the
brokerage, the associated fees, any cancellation penalties and any extraneous costs
prior to making a career move; and finally ensure to the best of your ability that the financial strength and viability of your
brokerage is on solid footing now and for the future.
The «standard form» Exclusive Buyer's Agency Contract available through real estate boards states in clause 4B that «
Prior to the Buyer making an offer to purchase a property, the Buyer's
Brokerage will advise the Buyer of the total amount of remuneration offered by the seller and the listing brokerage to be paid to the Buyer's Brokerage for assisting in obtaining a buyer for that propert
Brokerage will advise the Buyer of the total amount of remuneration offered
by the seller and the listing
brokerage to be paid to the Buyer's Brokerage for assisting in obtaining a buyer for that propert
brokerage to be paid to the Buyer's
Brokerage for assisting in obtaining a buyer for that propert
Brokerage for assisting in obtaining a buyer for that property.»
to appeal den., 95 N.Y. 2d 759)- where broker's original agreement was validly terminated
prior to the contract that led to the subject sale, any other agreement between the parties for the payment of a
brokerage commission would be governed
by the Statute of Frauds and the broker's claims are barred since the broker has not alleged, in connection with the alleged subsequent agreement, the existence of some writing evidencing defendant's intention to be bound; since alleged subsequent agreement is void
by reason of the Statute of Frauds, broker can not use the same alleged promises as a basis for a cause of action sounding in quantum meruit
A
brokerage licence will not be renewed unless any late filing or other fees have been received and accepted
by the Commission
prior to the licensing date.
Cushman & Wakefield v. Northeastern Industrial Park (246 A.D. 2d 303)-- owner is liable for
brokerage commission stipulated in commission agreement notwithstanding that it is not a party to either the renewal lease procured
by broker or the
prior lease, where owner identified itself in the commission agreement as the landlord of the premises, and, throughout the lease negotiations and continuing even after broker first demanded its commission, consistently held itself out as one in the same as the company identified in the lease as the landlord; commission agreement clearly requires payment of the full term commission at the commencement of the lease should the lease, as it does, require the tenant, should elect to cancel, to reimburse the landlord for the portion of the commission attributable to the cancelled term.
Julien J. Studley, Inc. v. Coach, Inc. (3 A.D. 3d 358)- broker's cause of action alleging commission is owed due to bad faith termination of
brokerage agreement is reinstated; broker adequately alleged that landlords of the property in question circumvented the
brokerage agreement
by contacting the company directly and negotiating lease; broker's causes of action seeking to hold tenant liability for breach of
brokerage agreement's exclusivity provision reinstated; record supports the allegation that tenant breached the exclusivity provision of the
brokerage agreement
prior to its termination
107 DOS 98 Matter of DOS v. Sosis - subject matter jurisdiction; due process; failure to appear at hearing; proper business practices; deposits; fraudulent practice; DOS fails its burden of proof; DOS has subject matter jurisdiction if at the time the disciplinary proceeding was commenced
by proper service of a notice of hearing and complaint the party was (i) licensed to engage in regulated real estate activities, or (ii) an applicant for either a license or for the renewal of a license to engage in regulated real estate activities, or (iii) eligible to automatically renew the
prior license under the two - year limitation provision of RPL § 441 (2); ex parte hearing is permissible upon proof of proper notice of hearing; DOS has subject matter jurisdiction where party was licensed at the time proceeding was commenced and, where at time of hearing, although not licensed was eligible to automatically apply to renew pursuant to RPL § 441 (2); licensee operated a real estate
brokerage business under an unlicensed name; licensee unlawfully retains deposit funds after deposit monies were delivered on the condition that same were to be disbursed only on the principal's consent and approval and said consent and approval was not given; licensee's illegal exercise of right of ownership over his principal's funds spawns conversion and constitutes a fraudulent practice; DOS fails its burden of proof to establish licensee failed to deposit trust funds in a segregated escrow account, engaged in fraud and changed business location without notice to DOS; restitution ordered in the amount of $ 1,900 plus interest, fine of $ 1,000 and any further application for licensure shall not be considered until applicant pays said fine and provides proof of payment of restitution
Mary Maloney, founder and owner of Hometown Realty in San Marcos, Calif., says that though the
brokerage has been a BoomTown client only since September 2014, it helped boost their 2015 transaction volume
by about 70 percent over the
prior year.
The Buyers filed a lawsuit against the
Brokerage alleging fraud, claiming that they were damaged
by the
Brokerage's failure to inform them of the square footage difference and also the
Brokerage's failure to give them a copy of the appraisal for the property
prior to closing.