Sentences with phrase «estate representative disclosed»

The evidence showed that the sellers and their real estate representative disclosed prior sewer problems on the property and the existence of a concrete structure in the backyard built to prevent water intrusion.

Not exact matches

As an example, under the «Privacy and Use of Personal Information» part of the Working with the Real Estate Industry form, it states: «Real estate representatives will disclose the information to other brokerages, potential buyers and interested parties during the course of marketing of the property for sale, as well as through the sales prEstate Industry form, it states: «Real estate representatives will disclose the information to other brokerages, potential buyers and interested parties during the course of marketing of the property for sale, as well as through the sales prestate representatives will disclose the information to other brokerages, potential buyers and interested parties during the course of marketing of the property for sale, as well as through the sales process.

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

This is especially true when it comes to buyer representatives disclosing compensation they will receive from the sellers or the seller's brokerage during a real estate transaction.

Matter of Roberts Real Estate v. DOS (171 A.D. 2d 217)- Third Department reverses DOS finding of failure to disclose (51 DOS 90) based upon Real Property Law § 442 - c, where representative brokers did not have actual knowledge of the alleged incident New York Court of Appeals (80 N.Y. 2d 116, October 20, 1992) affirms, with modification that the relevant «actual knowledge» is that of corporate officers, directors and representative brokers; applies RPL § 442 - c to prohibit suspension or revocation on vicarious basis, and remands to DOS to reconsider lesser sanctions.