These measures include systematic use of industry - standard contracts and disclosure forms and regular training
for licensees on best practices for minimizing risk.
Managing brokers are expected to facilitate and encourage training, professional development, and provide assistance and
guidance for licensees, employees and others in the brokerage.
Rather, in this short article I want to discuss why the statement of principles is
important for all licensees and in - house counsel, and what such a statement can look like.
All six scenarios specifically focus on the issues that can arise
for licensees providing strata management services.
The court concluded that the broker was not
liable for the licensee's actions because the licensee was an independent contractor, not an employee.
In
order for licensees to ethically provide therapy to young children, it is imperative that they have knowledge and training in specific play therapy skills.
One common example of helpful, problem - solving behaviour that can have serious
consequences for licensees is lending money to a client.
Certification Officers remain the main point of contact
for licensees with regard to any queries about their certification.
Our question this month comes from a managing broker who wonders what he can do to make sure that licence renewal applications
for licensees at his brokerage are approved in a timely way.
As part of our goal to become increase efficiency and enhance consumer protection, we are strengthening our approach to regulation and enhancing our
services for both licensees and consumers.
It is good business
practice for a licensee to have the buyer initial whatever document is used for this disclosure.
However, it is
common for a licensee to act for more than one seller at a time and to act for more than one buyer at the same time they act for sellers.
Managing brokers should ensure that they provide the same level of
supervision for all licensees, whether the licensee is in the same office or a branch office.
It is not
acceptable for a licensee to sign a document on a client's behalf simply on the basis of a verbal authorization from the client.
They help you select a location, they provide training, they offer
support for the licensee's marketing efforts, and they supply a complete start - up inventory.
When you set
milestones for the licensee, they know they have to commit and succeed, or they're going to lose some or all of their rights.
The agency has plans to deploy the decentralized blockchain
technology for its licensees, as well as produce and distribute content in more customary ways.
Large commissions and low
penalties for licensee misconduct combine to create the perception that regulatory penalties are simply a transaction cost for otherwise profitable behaviours.
When a manufactured home is exempt from registration, it may be
difficult for a licensee to ascertain whether the home is actually a manufactured home.
Acting as an agent on behalf of competing buyers, when each wishes to purchase the same property, creates a conflict of
interest for licensees.
In fact, some agents come into the business so unprepared that we believe the whole
criteria for licensees should be raised.
The are highly restrictive in nature in
order for the licensee to remain compliant with the variance governmental bodies they are accountable to.
As part of our commitment to enhance consumer protection, we are strengthening our approach to regulation and enhancing our
services for both licensees and consumers.