Sentences with phrase «estate brokers licensed by»

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Nick Confessore reports that John Sampson, the State Senate leader, performed legal work for Edul Ahmad, a Queens real estate broker who was being investigated by state authorities on allegations of fraud and predatory lending, and was disciplined for acting as a notary for the broker after his notary license had expired, according to state documents.
(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).
(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.
I am licensed as a broker by the California Bureau of Real Estate, and as a mortgage originator by the National Mortgage Licensing System.
«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act olicense; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act oLicense Act of 1987.
(iv) Any person licensed as a real estate broker by this Commonwealth where the person is acting within the course and scope of that license;
But in certain States, lending your own money on residential real estate is prohibited unless you have a mortgage license yourself, or unless your loans are originated by a licensed mortgage broker.
Other inspectors, real estate agents / brokers and consumers maintain that licensing elevates the profession and safeguards homeowners by codifying minimum standards, mandating training and / or background checks and setting a baseline for what an inspector is responsible for.
Note 4 USAA ® Real Estate Rewards Network is offered by USAA Residential Real Estate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal SavingsEstate Rewards Network is offered by USAA Residential Real Estate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal SavingsEstate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal Savingsestate broker and subsidiary of USAA Federal Savings Bank.
Neither the trade association, the Florida Association of Realtors / Florida Realtors, nor the state licensing agency, the Florida Real Estate Commission, is responsible for making sure that damages done to someone by a rogue real estate agent or broker here in Florida are recovered from the bad Estate Commission, is responsible for making sure that damages done to someone by a rogue real estate agent or broker here in Florida are recovered from the bad estate agent or broker here in Florida are recovered from the bad actor.
He said tightening control of the activities of real estate brokers may involve the return of state licensing, which was discontinued in 2002 and replaced by the practice of certification of companies and brokers.
An individual licensed in the state within which the board is located or within the state in which the real estate firm of the REALTOR ® is located shall be deemed to be licensed with a REALTOR ® if the license of the individual is held by a REALTOR ® or by any broker who is licensed with the REALTOR ®, provided that such licensee is not otherwise included in the computation of dues payable by a sole proprietor, partner, corporate officer or individual in a position of management control of the entity.
«A broker from outside Québec who is not an OACIQ licence holder and who markets a property located in Québec, particularly by posting it on a website such as Realtor.ca, commits in principle an illegal practice offence under the Real Estate Brokerage Act.Therefore, this is not a new guideline since CREA was first informed back in April 2011 that the marketing of a property in Québec done through an intermediary constitutes a real estate brokerage transaction that requires a person to be holder of a realtor's license issued by the OACIQ.&Estate Brokerage Act.Therefore, this is not a new guideline since CREA was first informed back in April 2011 that the marketing of a property in Québec done through an intermediary constitutes a real estate brokerage transaction that requires a person to be holder of a realtor's license issued by the OACIQ.&estate brokerage transaction that requires a person to be holder of a realtor's license issued by the OACIQ.»
Managing broker: A person licensed by the state as a broker who is also the broker of record for a real estate sales office.
Under the deal, listings for properties in Quebec posted by brokers not licensed by the OACIQ — Quebec's real estate regulatory body — are being removed from Realtor.ca.
Marilyn Ruttan, 25 - year Re / Max veteran, began her career in real estate in 1986 and by 1989 had obtained her brokers license.
By reason of his license, a real estate broker is deemed to have skill and expertise in real estate
The Texas law does provide numerous exceptions, including the use of drones by «a Texas licensed real estate broker in connection with the marketing, sale, or financing of real property.»
In cases where a real estate broker / agent receives a commission from the lender for the sale of a property owned by the lender (including an REO), individuals must only be licensed as a loan originator if they engage in the business of a loan originator.
I also had an active Texas real estate broker license for about 30 years paying in about $ 30,000 I was told by them that I had to start all over when my renewal notice got sent and my wife chose not to tell me about it.
The individual, who did not have a real estate broker's or associate broker's license, holds the designation ABR ®, Accredited Buyer Representative, awarded by the Real Estate Buyer's Agent Council, a wholly owned subsidiary oestate broker's or associate broker's license, holds the designation ABR ®, Accredited Buyer Representative, awarded by the Real Estate Buyer's Agent Council, a wholly owned subsidiary oEstate Buyer's Agent Council, a wholly owned subsidiary of NAR.
As used in that piece of state law, «the terms «broker price opinion» and «comparative market analysis» mean an estimate prepared by a licensed real estate broker that details the probable selling price or leasing price of a particular parcel of or interest in property and provides a varying level of detail about the property's condition, market, and neighborhood, and information on comparable properties...» There is also within that section in our state law entitled «Broker price opinions and comparative market analyses for a fee».
The Pennsylvania Real Estate Commission invoked sanctions against the licensee for violating the state licensing statute by advertising herself as a broker without having the required broker's license.
You can not instruct the licensed broker or salesperson acting as your agent to convey for you any limitations in the sale or rental because the real estate professional is also bound by law not to discriminate.
Potential impact: National banks and their operating subsidiaries could gain a competitive advantage over state - chartered banks and other entities, including mortgage finance companies owned by real estate brokers, which must continue to meet state licensing and other lender - related requirements.
Feisty and determined, she decided she wanted a better life for her family so she got her real estate license, followed two years later by her broker's license.
With respect to trust accounts, the amended statute provides that real estate brokers and licensed real estate property managers may not commingle funds in a client trust account, with the exception of compensation earned in connection with a real estate sale, purchase, or exchange transaction.2 Commingling is defined as «the mixing of funds from any source, including personal funds, with trust funds... by a licensed real estate property manager or principal real estate broker.3 Licensees do not need to create a trust account when acting only as a courier conveying a check payable to the seller from the purchaser.4
Most of my experience comes by way of being a licensed real estate broker and creating specialized retirement plans that allow individuals to invest into real estate.
This is done thousands of times a day by real estate agents and most states allow a RE Broker to facilitate a transaction in connection with a property sale that involves seller or privately financed notes (with that note being sold or not) without a mortgage broker license.
In April 1975, Leatherwood, a licensed real estate broker for Hecht Realty, Inc. (HRI) showed a home owned by the Whisnants to the Castles.
Not mentioned by the court, but in addition, since many state real estate license laws prohibit conduct which constitutes a breach of fiduciary duty, a broker who violates a fiduciary duty also may be putting his real estate brokerage license in jeopardy.
Only managing brokers, associate brokers, or representatives who are engaged by and licensed to the brokerage may provide real estate services on behalf of the brokerage.
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.
Currently Coura lives in New Jersey and is a licensed broker in NJ, NY, and FL and has recently branched into sharing her knowledge by teaching real estate courses.
All of the services below are handled by a licensed real estate sales person or broker:
License number: G4338 Top 10 Broker for KW Prestige 2015 Diamond Award Recipient (# 1) for Gross Commission Income for KW Prestige (2015)(Team of 2 Category) Diamond Award Recipient (# 1) for Sales Volume for KW Prestige (2015)(Team of 2 Category) Platinum Award Recipient (# 2) for Sales Volume for KW Québec (2015)(Team of 2 Category) Gold Award Recipient (# 3) for Gross Commission Income for KW Québec (2015)(Team of 2 Category) Recipient of KW International TRIPLE GOLD Award 2015 Recipient of KW International DOUBLE GOLD Award 2014 Founding Member KW Prestige Real Estate Agency 2014 Past Member ALC (Associate Leadership Council) KW Urbain and KW Prestige (Members chosen from Top 20 % of brokers) 3 time Graduate of BOLD (Business Objective: Life by Design) powered by MAPS Coaching: 2014, 2015, 2016
The Academy will offer the three 30 - classroom hour mandatory NC Real Estate postlicensing courses that must be completed by newly licensed provisional brokers.
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws.
You must submit a reinstatement application completed by you and your employing broker or broker - of - record and submit it to the Real Estate Licensing Services Bureau accompanied by the appropriate fee ($ 150 salesperson or $ 250 broker - salesperson).
This edition of the BrandFace ® book series is co-authored by Michael Carr, America's Top Selling Real Estate Auctioneer and a licensed broker in 27 states.
application, be associated either as an employee or as an independent contractor with a Designated REALTOR ® Member of the Association or a Designated REALTOR ® Member of another Association (if a secondary member) and must maintain a current, valid real estate broker's or salesperson's license or be licensed or certified by an appropriate state regulatory agency to engage in the appraisal of real property, shall complete a course of instruction covering the Bylaws and Rules and Regulations of the Association, the Bylaws of the State Association, and the Constitution and Bylaws and Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS ®, and shall pass such reasonable and nondiscriminatory written examinations thereon as may be required by the Membership Committee and shall agree in writing that if elected to membership he / she will abide by such Constitution, Bylaws, Rules and Regulations, and Code of Ethics.
Declaratory Ruling 90 - 3 (Sven R. Paul)- unlicensed persons can be officers and shareholders of a licensed corporate real estate broker, but may not engage in licensed activity; a salesperson can not be a shareholder or officer of a corporate licensee; all real estate activities of the corporation must be conducted by an officer who is licensed as a real estate broker
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In the event of the death of a licensed broker, who is the sole proprietor of a real estate business, the board shall, upon application by his legal representative, issue, without examination, a temporary license to such legal representative, or to an individual designated by him and approved by the board, upon the filing of a bond as aforesaid and the payment of the prescribed fee, which shall authorize such temporary licensee to continue to transact said business for a period not to exceed one year from the date of death subject to all other provisions of sections eighty - seven PP to eighty - seven DDD applicable to a licensed broker except that such temporary license shall not be renewed.
(b) may only provide real estate services that are permitted by the licence of a managing broker who is licensed in relation to the brokerage.
287 DOS 98 Matter of DOS v. Uqdah Realty & Management Corp. — deposits; jurisdiction; fraudulent practices; failure to pay judgment; vicarious liability; notary public; disclosure of agency relationship; broker violated 19 NYCRR 175.1 when he deposited escrow funds into his operating account; broker committed conversion when his operating account fell below deposit amount; broker engaged in fraudulent practices when he illegally retained buyer's trust funds and attempted to qualify prospective buyer for mortgage by falsely stating their employment; broker failed to disclose his agency relationship to his client; failure to pay judgment; corporate real estate broker vicariously liable and charged with actual knowledge of violation of law because of representative broker's cognizant misconduct as corporate officer; broker is not required to deposit a refundable commission in an escrow account unless contractually demanded; corporate broker and representative broker's license revoked; restitution of deposit of $ 12,000 plus interest; notary public commission revoked based on misconduct as a real estate licensee
You can not instruct the licensed broker or salesperson acting as your agent to convey for you any limitations in the sale or rental because the real estate professional is bound by law not to discriminate.
USAA Real Estate Rewards Network is offered by USAA Residential Real Estate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal SavingsEstate Rewards Network is offered by USAA Residential Real Estate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal SavingsEstate Services, Inc., a licensed real estate broker and subsidiary of USAA Federal Savingsestate broker and subsidiary of USAA Federal Savings Bank.
The MLS Grid platform removes barriers related to accessing multiple listing service (MLS) data for real estate brokers and their vendors by providing a consolidated source of IDX and VOW information with a single, universal license agreement.
Accepting a commission or any valuable consideration by an affiliate broker for the performance of any acts specified in this chapter, from any person except the licensed real estate broker with whom the licensee is affiliated;
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