Sentences with phrase «estate licensee about»

Chapter 93A requires brokers, salespersons, and other business persons to disclose all facts known by a real estate licensee about defects in a property, even if a buyer or tenant does not ask.

Not exact matches

Q: A REALTOR ® in my community actively recruits real estate licensees from other offices by e-mailing sales associates insulting comments about their broker - owners.

Indeed, the court found that a real estate licensee could be liable for unlawful racial steering in violation of the federal Fair Housing Act if the licensee provided such information, since this type of information required a subjective decision by the licensee about what constituted racial or ethnic diversity.

Who can forget 21 per cent mortgage interest and the then Disclosure of Interest in Trade, introduced by a right wing provincial government, serious about requiring licensees disclosing their interest when buying and selling real estate.

The buyers sued the sellers and the real estate licensees who represented them, alleging fraud and breach of contract because the sellers had known about the possibility of a sewer assessment.

Require enhanced disclosure of real estate licensee remuneration that will inform consumers about how remuneration is to be divided between a listing brokerage and co-operating brokerage.

There are other associations that can do more for their careers and marketing contacts... experienced licensees... lament that board membership does: little to advance their careers, little to provide access to the research that will keep them savvy about emerging needs of their clients, (does) not support higher standards for new entrants to the industry given the increased complexity of property issues, (does) the dance of ambivalence about authentic professionalism as a goal for a real estate brokerage career path, and has only a motherhood position on the importance of real estate brokerage as a service that helps shape better communities by informed approaches to land and property issues.»

Robert Bass, Robert N. Bass Ltd., an Phoenix - based attorney and educator whose law practice concentrates in defending real estate licensees in errors and omissions claims before the Arizona Real Estate Department, talks about working effectively with attorneys and avoiding disputes that can derail estate licensees in errors and omissions claims before the Arizona Real Estate Department, talks about working effectively with attorneys and avoiding disputes that can derail Estate Department, talks about working effectively with attorneys and avoiding disputes that can derail deals.

A Connecticut court has considered the disclosure duties of a real estate licensee to a buyer about the property's boundaries and flooding on the property.

The law requires real estate licensees to perform the following basic duties when dealing with any real estate buyer or seller as customers: present all offers in a timely manner, account for money or other property received on your behalf, provide an explanation of the scope of services to be provided, be fair and honest and provide accurate information, provide limited confidentiality, and disclose «material adverse facts» about the property or the transaction which are within the licensee's knowledge.

For example, strata management licensees need to become knowledgeable about the Strata Property Act, the Personal Information Protection Act, the Limitation Act, the Interpretation Act, and the Residential Tenancy Act, in addition to the Real Estate Services Act.

The Tipline gives real estate licensees and consumers who may be concerned about facing reprisals for speaking up, a safe, anonymous way to report suspected misconduct.

If a client asks questions about the specific legal implications of particular terms or conditions, the licensee should explain that a licensee may not give legal advice and should encourage the client to consult a lawyer familiar with real estate matters.

TX Real Estate Broker 0545331 Texas law requires all licensees to give the following Information About Brokerage Services

We're committed to implementing the recommendations from the IAG, and to keeping real estate licensees informed about our progress.

(3) Money received by the real estate council on account of a discipline penalty under section 43 (2)(i) or, subject to the regulations, an additional penalty under section 43 (2)(j) may be expended by the real estate council only for the purpose of educating the public, and licensees and other participants in the real estate industry in British Columbia, about

The Real Estate Council of BC publishes reports and plans to provide our stakeholders, including government, the general public and real estate licensees, with accountability and transparency about our current and future activEstate Council of BC publishes reports and plans to provide our stakeholders, including government, the general public and real estate licensees, with accountability and transparency about our current and future activestate licensees, with accountability and transparency about our current and future activities.

If licensees have specific questions or concerns about the allowable activities of a personal real estate corporation, they should obtain independent accounting and / or legal advice.

In an effort to enable consumers of real estate services to make informed decisions about the business relationships they may have with real estate brokers and salespersons (licensees), the Real Estate Licensing and Registration Act (RELRA) requires that consumers be provided with this Notice at the initial inteestate services to make informed decisions about the business relationships they may have with real estate brokers and salespersons (licensees), the Real Estate Licensing and Registration Act (RELRA) requires that consumers be provided with this Notice at the initial inteestate brokers and salespersons (licensees), the Real Estate Licensing and Registration Act (RELRA) requires that consumers be provided with this Notice at the initial inteEstate Licensing and Registration Act (RELRA) requires that consumers be provided with this Notice at the initial interview.

If you intend for that licensee, or any other Oregon real estate licensee, to represent you as a Seller's Agent, Buyer's Agent, or Disclosed Limited Agent, you should have a specific discussion with the agent about the nature and scope of the agency relationship.

The Real Estate Council of BC is working together with the Office of the Superintendent of Real Estate to help all licensees learn about the new rules.

The survey's results are representative of the nation's nearly 1.2 million Realtors ®; members of NAR account for about half of all active real estate licensees in the U.S. Realtors ® go...

The additional time before the rules become effective will mean that real estate licensees and consumers will have more opportunities to learn about the changes, and to understand how current real estate industry practices will be affected.

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

On May 19, 2016, the Commission will be holding public hearings on changes to Nebraska Administrative Code, Title 299, Chapter 1, allowing the Commission to certify pre-license real estate education offered in correspondence format; Title 299, Chapter 7, requiring a 3 hour continuing education class in property management for licensees engaged in that activity; and, Title 302, Chapter 1, adding questions about carbon monoxide alarms and noxious weeds to the Seller Property Conditions Disclosure Statement.

The court further stated that it was immaterial how the Broker had gained his knowledge about the high winds, because in Vermont, a real estate licensee's statutory duty is to «fully disclose all material facts within his or her knowledge.»

He says that according to an outside source, there are about 2.6 million real estate licensees in the United States and about half of them belong to NAR.

The survey's results are representative of the nation's nearly 1.2 million Realtors ®; members of NAR account for about half of all active real estate licensees in the U.S. Realtors ® go beyond state licensing requirements by subscribing to NAR's Code of Ethics and standards of practice and committing to continuing education.

Understandably, licensees at a brokerage which has had its licence suspended may have concerns about receiving remuneration that is due to them from any recent real estate transactions.

To find out more about choosing a real estate licensee and the services to expect, you may also want to review the Council's Consumer Publications.

This new consumer protection rule from the Superintendent of Real Estate is intended to increase transparency for consumers about how licensees get paid.

A hacker will break into a licensee's e-mail account to obtain information about upcoming real estate transactions.

Expanding the Council's information and resources for the public, to make sure that the public is informed about the duties and obligations to expect from a real estate licensee.

I advise all licensees to ensure that they are familiar with all their duties and responsibilities under the Real Estate Services Act and the Regulation, and to consult the Professional Standards Manual or Brokerage Standards Manual when issues arise that they are unsure about.

More than 1.3 million Realtors — about half of all real estate licensees in the United States — are characterized in the 2007 National Association of Realtors Member Profile.

Section 5 - 10 of the Rules outlines the information which must be disclosed by a licensee about the nature of that licensee's relationships with parties in a trade in real estate.