Sentences with phrase «estate licensees directly»

Not exact matches

If a licensee acquires, directly or indirectly, or disposes of real estate, or if the licensee assists an associate in acquiring, directly or indirectly, or disposing of real estate, section 5 - 9 of the Rules requires that the licensee make a disclosure in writing to the opposite party before any agreement for the acquisition or disposition of the real estate is entered into.

If a licensee is to directly or indirectly acquire real estate, the licensee must make disclosure of certain information to the seller of the real estate.

(5) A licensee who intends to acquire, directly or indirectly, real estate must provide a notice in accordance with subsection (6) if a contract to be presented to the seller for consideration does not contain a term referred to in subsection (3)(a) or (b).

Since you can get continuing education from a number of different schools and school sponsors (private schools, community colleges, NAR, local Realtor associations, etc.), I always recommend that licensees go directly to the NC Real Estate Commission website to periodically check their CE transcript and verify that classes have been reported and recorded.

Every real estate licensee is required to disclose his or her agency status in a real estate transaction to any buyer or seller who is not represented by an agent and with whom the licensee is working directly in the transaction.

So when the BC legislature amended the Real Estate Services Regulation to allow licensees to incorporate, section 10.6 (1)(e) was included, clearly stipulating that personal real estate corporations may not «conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services.&Estate Services Regulation to allow licensees to incorporate, section 10.6 (1)(e) was included, clearly stipulating that personal real estate corporations may not «conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services.&estate corporations may not «conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services.&estate services and ancillary services directly associated with the provision of real estate services.&estate services.»

Both the common law and section 5 - 11 of the Rules require that a licensee must disclose to a client remuneration received as a result of providing real estate services to or on behalf of a client, whenever that remuneration is not paid directly by that client.

When licensees provide real estate services to developers, they must do so through the brokerage with which they are licensed rather than directly with the developers.

Project marketing for real estate developers is another risky area that licensees should be aware of, and in this issue we tell you why: licensees can not provide real estate services outside of their brokerage, and all remuneration for real estate services must be paid into the brokerage's trust accounts, never directly to a licensee.

As licensees, they must be paid for the provision of real estate services through their brokerage, not directly by another person or entity.

This means that licensees can not work for a developer independently of their brokerages, and be paid directly by that developer for their real estate services.