Sentences with phrase «effective upon the expiration»

If the contact with the seller is made under the provisions of Standard of Practice 16 - 4, the REALTOR ® is also able to discuss the terms of a future listing on the property or may enter into a listing to become effective upon the expiration of the current listing.

Once the REALTOR ® secures information on the type and duration of the listing, Standard of Practice 16 - 4 also permits him to discuss the terms of a future listing or to enter into a listing that becomes effective upon the expiration of the current listing.

Also, don't solicit someone else's exclusive client; if the client approaches you to provide the same type of service, and you have not directly of indirectly initiated such discussions, you may discuss the terms upon which you could enter into a future agreement or even enter into an agreement effective upon expiration of the existing exclusive agreement.

Standard of Practice 16 - 6 states that «When REALTORS ® are contacted by the client of another REALTOR ® regarding the creation of an exclusive relationship to provide the same type of service, and REALTORS ® have not directly or indirectly initiated such discussions, they may discuss the terms upon which they might enter into a future agreement or, alternatively, may enter into an agreement which becomes effective upon expiration of any existing exclusive agreement.»

However, if the listing broker, when asked by the REALTOR ®, refuses to disclose the expiration date and nature of such listing; i.e., an exclusive right to sell, an exclusive agency, open listing, or other form of contractual agreement between the listing broker and the client, the REALTOR ® may contact the owner to secure such information and may discuss the terms upon which the REALTOR ® might take a future listing or, alternatively, may take a listing to become effective upon expiration of any existing exclusive listing.

However, if asked by a REALTOR ®, the broker refuses to disclose the expiration date of the exclusive buyer / tenant agreement, the REALTOR ® may contact the buyer / tenant to secure such information and may discuss the terms upon which the REALTOR ® might enter into a future buyer / tenant agreement or, alternatively, may enter into a buyer / tenant agreement to become effective upon the expiration of any existing exclusive buyer / tenant agreement.

Not exact matches

In a «hybrid» intellectual property license including patents and related IP assents with longer or no term, structuring royalties with a step down in effective rate upon patent expiration, but requiring the payment of a somewhat lower post-expiration royalty for related IP assets, such as trade secrets.