You service
clients on behalf of your brokerage.
You prospect for
clients on behalf of your brokerage and you bring clients to the brokerage.
Any individual who provides rental property management services to a strata corporation
client on behalf of a brokerage must also either be licensed to provide rental property management services or be an unlicensed employee of a brokerage that is licensed to provide rental property management services, where the employee is acting under the «Exemption for caretakers employed by brokerages» in section 2.14 of the Regulation.
Not exact matches
Sir, I have income from monthly pension, Intt.from fixed deposit, long term capital gain from shares, and commission /
brokerage income dealing in share through other broker
on behalf of some
client.
Brokerage at the rate
of Re1.00 (Rupee one only) per Rs. 100 will be paid to the brokers including PPF and UTI agents registered with the Receiving Office and also to authorized banks
on the applications tendered by them
on behalf of their
clients and bearing their stamp.
Successful representation
of US - based and international
clients in federal and state courts in a wide range
of matters, including claims
of breach
of licensing, distribution, franchise, agency,
brokerage, long - term supply and manufacturing services agreements; cross-border disputes, and trademark infringement actions
on behalf of a fashion house.
If a
brokerage is to collect and hold funds
on behalf of the strata corporation, those funds must be kept in a separate trust account in the name
of the
brokerage on behalf of the
client e.g. ABC Strata Management Co. in trust for VR 12777.
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.
Current and former
client files, and any confidential information
of those
clients, are accessible only to the licensees who currently represent, or in the past represented, those particular
clients, and those support personnel in the
brokerage who are involved in providing services to or
on behalf of those
clients.
Additionally, disclosure would be required if, as a result
of making payments
on behalf of a
client, the
brokerage or licensee took an additional fee.
In order for funds received
on behalf of clients (e.g., trust deposits, rental funds, security deposits, etc.) to be deposited into trust upon receipt, arrangements must be made for licensees to deliver these funds immediately to the
brokerage.
In designated agency, the
brokerage and its
clients agree that one or more licensees engaged by the
brokerage will be designated to act as sole agents
on behalf of each
client.
This type
of error can create issues between the
brokerage and the
client, in this case a seller, as the
brokerage did not have written authority to represent the seller
on June 3rd and 4th and may have completed work
on their
behalf (i.e. listed property
on MLS ®, erected a sign
on the lawn, etc.).
Our services
on behalf of this
client include portfolio management and strategy, transaction management /
brokerage, lease administration and miscellaneous support services.
(b) any accounting statements prepared by or
on behalf of the
brokerage that are provided to
clients;
(2) By agreement between the
brokerage and the
client, the
brokerage may designate one or more licensees to provide real estate services to or
on behalf of a
client as a designated agent, and in such a case, the duties referred to in section 3 - 3
3 - 3 Subject to sections 3 - 3.1 and 3 - 3.2, if a
client engages a
brokerage to provide real estate services to or
on behalf of the
client, the
brokerage and its related licensees must do all
of the following:
Another type
of sole agency, «designated agency», occurs when the
brokerage and the
client agree that the
brokerage will designate one or more licensees engaged by that
brokerage to provide real estate services as sole agent to or
on behalf of the
client.
In designated agency, the
brokerage has contractual duties to the
client but it is the designated agents who act as sole agent
on behalf of the
client.
In designated agency, the
brokerage and the
client agree that these duties — other than the duty shared with the designated agents to keep the confidences
of the
client, and the holding
of money
on behalf of the
client — are the responsibility
of the designated agents.
David spent several years leading CREC's
brokerage division where he completed more than $ 2 billion worth
of investment sales transactions
on behalf of a variety
of private and institutional
clients.
In conjunction with the above, the Rules require that: (1) a
brokerage providing strata management services must establish in its service agreement the
brokerage's scope
of authority to sign cheques and make disbursements
on behalf of its strata corporation
clients [section 5 - 1 (5.1)(c)(i)-RSB-; and (2) the service agreement include a
brokerage's authority to transfer amounts between
brokerage trust accounts maintained for the strata corporation under section 7 - 9 (2)
of the Rules [section 5 - 1 (5.1)(b)(i)-RSB-; Therefore, the Real Estate Council, when investigating complaints or conducting an audit regarding a
brokerage, will look at service agreements to determine a
brokerage's scope
of authority relative to withdrawal
of funds from trust accounts.
Section 3 - 3
of the Council Rules Subject to sections 3 - 3.1 and 3 - 3.2, if a
client engages a
brokerage to provide real estate services to or
on behalf of the
client, the
brokerage and its related licensees must do all
of the following:
The «TO
CLIENT DESIGNATED AGENCY» column outlines the duties of a licensee who has been designated by their related brokerage to provide real estate services as a designated agent to or on behalf of a c
CLIENT DESIGNATED AGENCY» column outlines the duties
of a licensee who has been designated by their related
brokerage to provide real estate services as a designated agent to or
on behalf of a
clientclient.
Under designated agency, a
brokerage and its
clients agree that different licensees engaged by that
brokerage may be designated to act as sole agents
on behalf of clients whose interests may conflict.
the authorized financial scope
of the
brokerage or licensees when acting
on behalf of the
client,
Subject to sections 3 - 3.1 and 3 - 3.2, if a
client engages a
brokerage to provide real estate services to or
on behalf of the
client, the
brokerage and its related licensees must do all
of the following:
In
brokerage agency, there is no designation
of one licensee to act as a designated agent
on behalf of one
client while a different licensee acts as a designated agent
on behalf of a different
client.
how, with the agreement
of a
client, a
brokerage may designate one or more licensees to act as designated agents to provide real estate services to or
on behalf of a
client; and