Its activities must be restricted to those areas which do not require a real
estate licence under RESA.
Not exact matches
Some products are commercialized
under licence to a Hemingway - named company, such as clothes by Hemingway, Uomo, which we assume to be related to the
estate.
«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.»
She received her real
estate licence in 1974 and her CRA designation in 1979 and then opened her own business under the banner of Lohmer Real Estate & Appraisals Ltd. in
estate licence in 1974 and her CRA designation in 1979 and then opened her own business
under the banner of Lohmer Real
Estate & Appraisals Ltd. in
Estate & Appraisals Ltd. in 1982.
In any event, it is quite clear that RECO has no power to issue a «
licence» of any kind or registration
under the Real
Estate and Business Brokers Act.
The real
estate services that are permitted to be provided
under the
licence of the managing broker are the only real
estate services that may be conducted by a brokerage.
If, in this scenario, the resident manager was instructed to immediately remit any security deposits and rents to the brokerage for deposit into its trust accounts, and if he or she were not involved in negotiating and executing leases, no
licence would be required
under the exemption for resident caretakers cited above (Section 2.14 of the Real
Estate Services Regulation).
13 (1) If an applicant does not satisfy the real
estate council respecting the qualification requirements
under section 10 [qualifications for obtaining
licence], the real
estate council may refuse to issue the
licence.
(5) Within the
licence levels
under subsection (1), a person may be licensed within a category that is established by the rules on the basis of the real
estate services permitted to be provided
under the
licence.
(ii) held a
licence that was suspended or cancelled
under real
estate, insurance, mortgage broker, or securities legislation in British Columbia or another jurisdiction,
(i) been refused a
licence under real
estate, insurance, mortgage broker or securities legislation in British Columbia or another jurisdiction,
(4) If the real
estate council reinstates a personal real
estate corporation
licence under section 22 (2) of the Act or section 10.7 (3) of this regulation, it must reinstate, with any necessary amendment, the controlling individual's
licence that became inoperative
under subsection (3) of this section.
(2) On application of a person whose
licence has become inoperative
under subsection (1), the real
estate council may, if satisfied that the person continues to be otherwise qualified for the
licence,
Accordingly, a real
estate licensee is no longer eligible to conduct mortgage brokerage activities unless he or she holds a separate
licence under the Mortgage Brokers Act.
(2) Before cancelling or suspending a
licence under this section, the real
estate council must give notice to the licensee and provide the licensee with an opportunity to be heard respecting the matter.
(3) On application of a personal real
estate corporation whose
licence has become inoperative
under subsection (2), the real
estate council may reinstate the
licence if it is satisfied that the corporation meets all of the requirements of section 10.3.
to the extent the real
estate council considers necessary for the evaluation of an application
under section 9 [making an application for a
licence].
branch office means the premises that are identified in a brokerage's
licence as the branch office from which the brokerage may provide real
estate services
under the
licence;
Make sure you've planned ahead and made all the necessary changes to begin operating
under the personal real
estate corporation name as soon as your
licence is issued.
Currently, learners who have successfully completed the Licensing Exam can apply for their real
estate licence, begin working at a brokerage, and take the Applied Practice Course anytime within six months of licensing — but that will no longer be the case
under the new model.
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.
† Trade - mark or registered Trade - mark used
under licence by Brookfield Real
Estate Services Fund.
Note:
Under Alberta Law referral fees are to be paid only to a Licensed Real
Estate Professional through a
Licenced Real
Estate Brokerage.