Sentences with phrase «estate brokerage service requirements»

Not exact matches

Joe Smith sales rep with abc realty brokerage is able to offer real estate services as applicable to provincial licensing requirements.

NAR analysts say the change in oversight won't by itself change settlement services requirements, as the law includes a well - defined firewall between financial services practices and real estate brokerage.

Once properly licensed, a rental property management service agreement between her brokerage and client would be necessary, and if rent is to be collected by Joan, the trust accounting requirements of the Real Estate Services Act apply.

Students completing the Brokerage Option would meet the course and examination requirements for the Real Estate Trading Services Licensing Course, the Broker's Licensing Course, the Rental Property Management Licensing Course, and Mortgage Brokerage in British Columbia (requires BUSI 221).

Section 3 - 1 of the Rules also provides that the managing broker is responsible to ensure that the trust accounts and records of the brokerage are maintained in accordance with RESA, the Real Estate Services Regulation, Rules, and Bylaws, and that there is appropriate management and control of documents related to the licensing requirements.

House Bill 747 Real Estate Brokers - Licensure Requirement - Exemption for Lawyers limits an existing licensing exemption for lawyers by requiring that the lawyer is authorized to practice law in the state and is providing real estate brokerage services while representing another person during the course of the lawyer's regular practice oEstate Brokers - Licensure Requirement - Exemption for Lawyers limits an existing licensing exemption for lawyers by requiring that the lawyer is authorized to practice law in the state and is providing real estate brokerage services while representing another person during the course of the lawyer's regular practice oestate brokerage services while representing another person during the course of the lawyer's regular practice of law.

A rental property management service agreement between the brokerage and the client would be necessary, and if the rent is to be collected by the licensee, the trust accounting requirements of the Real Estate Services Act apply.

10.6 (1) Despite section 7 (1)(b), (3) and (5) of the Act, a controlling individual may be engaged by a personal real estate corporation to provide real estate services on behalf of a brokerage, and may receive remuneration in relation to those real estate services from the personal real estate corporation, if all the following requirements are met:

The Council regularly inspects brokerages to ensure they have proper controls in place to protect trust monies and to test for compliance with the requirements of the Real Estate Services Act, the Regulation, the Rules and Bylaws.

Managing Broker: It is a requirement of the Real Estate Services Act that every brokerage (including sole proprietorships) have a managing broker in place at all times.

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,

Section 2.18 of the Real Estate Services Regulation provides the following exemption from the requirement to be licensed for strata caretakers employed by a strata corporation or brokerage:

To be sure that you are aware of the requirements under the Real Estate Services Act relating to brokerage licence suspensions, please review the article in this issue carefully.

In general, the laws, rules and regulations that apply to our business practices include, without limitation, the federal Real Estate Settlement Procedures Act, the federal Fair Housing Act, the Dodd - Frank Act, and federal advertising and other laws, as well as comparable state statutes; rules of trade organization such as NAR, local MLSs, and state and local AORs; licensing requirements and related obligations that could arise from our business practices relating to the provision of services other than real estate brokerage services; privacy regulations relating to our use of personal information collected from the registered users of our websites; laws relating to the use and publication of information through the Internet; and state real estate brokerage licensing requirements, as well as statutory due diligence, disclosure, record keeping and standard - of - care obligations relating to these licEstate Settlement Procedures Act, the federal Fair Housing Act, the Dodd - Frank Act, and federal advertising and other laws, as well as comparable state statutes; rules of trade organization such as NAR, local MLSs, and state and local AORs; licensing requirements and related obligations that could arise from our business practices relating to the provision of services other than real estate brokerage services; privacy regulations relating to our use of personal information collected from the registered users of our websites; laws relating to the use and publication of information through the Internet; and state real estate brokerage licensing requirements, as well as statutory due diligence, disclosure, record keeping and standard - of - care obligations relating to these licestate brokerage services; privacy regulations relating to our use of personal information collected from the registered users of our websites; laws relating to the use and publication of information through the Internet; and state real estate brokerage licensing requirements, as well as statutory due diligence, disclosure, record keeping and standard - of - care obligations relating to these licestate brokerage licensing requirements, as well as statutory due diligence, disclosure, record keeping and standard - of - care obligations relating to these licenses.