Sentences with phrase «estate representative acted»

Not exact matches

It is strongly recommended that you hire an experienced real estate agent or broker to act as your representative when you buy your first home.

A legal representative is a person appointed by a court to act on behalf of the estate of someone who has died or has been declared unable to handle his or her own affairs.

Primarily specialising in estate work, Alison has over 20 years» legal experience including all aspects of probate services, acting for executors and personal representatives.

Edward regularly advises and acts in claims in connection with the administration of estates, in particular in disputes arising in relation to the administration of estates, including disputes as to the identity of beneficiaries, construction and rectification of wills, disputes over beneficial title to estate property, removal and appointment of personal representatives, and disputes about the proper exercise of the personal representatives» powers.

Under Section 59 of the Estate Administration Act, a personal representative of a deceased claimant may continue or bring and maintain an action for a loss or damage to the person or property of the deceased in the same manner and with the same rights and remedies as the deceased, except for certain actions such liable and slander, pain and suffering, and loss of expectancy of earnings.

Thus, the personal representative has fiduciary obligations to the beneficiaries of the estate and to act in their best interests and according to the terms of the deceased's estate plan.

Under the Income Tax Act, it is the responsibility of the legal representative (such as an estate trustee, or the administrator of the estate if probate is not required) to file all required returns for the deceased on a timely basis, pay all tax owing, and advise the beneficiaries whether the amount they receive from... read more

(2) Notwithstanding anything in this Act, but subject to subsections (2.1) and (2.2), an application for a benefit, other than a death benefit, that would have been payable in respect of a month to a deceased person who, prior to the person's death, would have been entitled on approval of an application to payment of that benefit under this Act may be approved in respect of that month only if it is made within 12 months after the death of that person by the estate, the representative or heir of that person or by any person that may be prescribed by regulation.

The limitation period for claims brought by wronged beneficiaries against third party recipients would just be extended to apply to equivalent claims brought by others on their behalves, namely by personal representatives acting on behalf of the estate as a whole.

If under applicable law an executor, administrator, or other person has authority to act on behalf of a deceased individual or of the individual's estate, a covered entity must treat such person as a personal representative under this subchapter, with respect to protected health information relevant to such personal representation.

Entitled person means a client or an entitled third party and entitled third party means a residuary beneficiary absolutely and immediately entitled to an inheritance where solicitors have charged the estate for their professional costs of acting in the administration of the estate and either the only personal representatives are solicitors: (a) whether or not acting in a professional capacity; or (b) acting jointly with partners or employees in a professional capacity.

I totally agree that the criteria to become a real estate sales representative needs to be adjusted; I believe articling should be more practical; seriously if I have to read one more time on how our common laws have developed through our history or about the British North American Act....

«The Privacy Act has completely changed the way we can act as a real estate representative,» he saAct has completely changed the way we can act as a real estate representative,» he saact as a real estate representative,» he says.

If a Sales Representative has left Legacy and signed with another brokerage and has asked the seller to reassign their listing, that agent would be in breach of the REAL ESTATE AND BUSINESS BROKERS ACT, 2002 Code of Ethics» (2) If a broker or salesperson knows or ought to know that a buyer or seller is a party to an agreement in connection with a trade in real estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.».

When I was first in the real estate «sales» business (1980 to 1983) operating as a licensed sales person, I totally disagreed with the whole sub-agency theory when acting as a buyer representative vis a vis showing said clients listings of other salespeople, event those listings within my own brokerage!

REALTORS ® sent more than 140,000 letters in the last three months of 2004 asking their senators and representatives to pass the NAR - backed Community Choice in Real Estate Act.

He has also acted as the association's government relations representative and currently sits as a member of the Saskatchewan Real Estate Commission, the industry's provincial regulatory organization.»

Next week the U.S. House of Representatives is scheduled to vote on H.R. 9 — The Innovation Act of 2015 which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls.

730 DOS 02 DOS v. New World Realty of New York, Inc. — availing of license; deposits; disclosure of agency relationships; duty to supervise sales associates; failure to pay judgment; proper business practices; DOS has jurisdiction where disciplinary action was started while individual was licensed as an associate broker and was eligible to automatically renew at the time of the disciplinary hearing; salesperson owned voting stock in licensed corporate real estate broker, failed to pay judgment and failed to present evidence of inability to do so, and engaged in unlicensed activity after license expired; representative broker availed corporate real estate brokers license to salesperson; representative broker failed to properly supervise salesperson by permitting and authorizing salesperson to act as a real estate broker; broker and salesperson failed to make agency disclosures and failed to deposit funds of principal in a special bank account; real estate transaction conducted was a fraudulent business practice; DOS fails to prove the unauthorized practice of law; salesperson's license revoked and salesperson ordered to pay refund of $ 1,406.00 of illegal commission collected; representative broker's license revoked and broker ordered to refund $ 74.00 of illegal commission collected; representative broker fined $ 5,000.00

This week the U.S. House of Representatives is scheduled to vote on H.R. 9 — The Innovation Act of 2015, which would increase protections to the real estate industry from frivolous lawsuits brought by patent trolls.

The designated representative must be a principal, partner, corporate officer or trustee of such firm or the individual responsible for the operation of the firm's real estate activity within the office involved in the particular dispute in order to act on behalf of such Designated REALTOR ®.

Yes, some real estate sales representatives do not act as professionals; but there are many who do.

In Senate Banking Committee testimony in February, real estate and insurance industry representatives urged timely reauthorization of the Terrorism Risk Insurance Act (TRIA)-- well before the law's scheduled expiration on Dec. 31 — to protect U.S. national and economic security, as well as commercial real estate credit availability.