Sentences with phrase «drafted by the broker»

In the letter, which was drafted by the broker and signed in his presence, no mention was made of the broker's commission.

The counter offer was drafted by the broker and reads as follows:

The offer was drafted by the broker and contained the following clause:

Not exact matches

What a difference a night (full of lots of stiff drinks, one suspects) makes: The sun is shining, the birds are singing, and new draft language on the use of VAM, apparently brokered during the wee morning hours, has been signed off by panelists — including the unions.

When the contract for sale was drafted, it included a warranty by Buyer that there was no broker involved.

In other words, the broker drafted the counter offer and the client did not understand that by undertaking to decontaminate the property, it was making an open - ended financial commitment.

It includes examples of steps taken by franchises, brokers, title companies and attorneys, as well as a draft company policy focusing on wire fraud.

In 1981 the Court of Appeals of Ohio addressed whether the drafting of a real estate sales contract by a broker constituted the unauthorized practice of law, thus voiding a contract and relieving the seller from paying a commission.

The court found that the Broker and the Brokerage were negligent in their representation of the Bank because the contract drafted by the Broker violated specific statutes prohibiting a licensed broker from splitting a commission with an unlicensed individual.

Since the contract drafted by the Broker did exactly what the statute prohibited, the court found that the Broker deviated from the standard of conduct required of a licensed broker by law.

Each broker shall preserve at least one legible copy of all books, accounts, and records pertaining to her or his real estate brokerage business for at least 5 years from the date of receipt of any money, fund, deposit, check, or draft entrusted to the broker or, in the event no funds are entrusted to the broker, for at least 5 years from the date of execution by any party of any listing agreement, offer to purchase, rental property management agreement, rental or lease agreement, or any other written or verbal agreement which engages the services of the broker.