Sentences with word «licensee»

A licensee is a person or business that is given permission by another person or business, called the licensor, to use their property, product, or intellectual property in some way. Full definition
Yet the cooling is posing a challenge for the huge number of licensees who entered the business during the boom years and have no experience navigating a more normal market.
A list of licensed providers can be found here, or ask your real estate licensee for assistance in finding the proper professional.
That remains unchanged for licensees who receive a waiver of subscription fees.
The seller's estate sued the real estate licensees who acted on seller's behalf in the sale of his property for breach of contract and breach of fiduciary duty.
I'm concerned about the ability of licensees in many states to take continuing education through a correspondence course in lieu of classroom attendance.
The information on the register is provided by licensees.
When a consumer attends an open house, that consumer is entitled to expect to deal with licensees from the brokerage whose sign is on the property.
That may indicate a basis for your opinion, but it's not the generally accepted view and it's generally specifically address in state laws as well as licensee training to the contrary.
If licensees pay under market for a property, they'd better inform the sellers of that fact.
For example, the bill would increase continuing education hours for all real estate licensees from 14 hours to 18 hours every two years.
Send recruitment letters to contacts on your state's list of new licensees as soon as the latest roster is available.
But they don't identify or explain how those specifically create an obligation on licensees to «promote» diversity that they can properly be required to acknowledge.
Under current rules certain correspondence courses would be phased out, requiring licensees in certain parts of the state to travel a significant distance in order to be able to take these courses.
In the transaction, the mother and daughter licensees acted as dual agents for both parties.
It often releases a new tablet OS with only one «hero» vendor so that other licensees don't get that version for as long as six months.
All six scenarios specifically focus on the issues that can arise for licensees providing strata management services.
The requirements of the common law of agency, the Rules and privacy legislation all apply to brokerages and their related licensees in the course of conducting business.
The term «personal real estate corporation» must be included in the advertisements as part of the personal real estate corporation licensee name.
This allows the brokerage to avoid problems arising from dual - agency relationships for licensees at the brokerage.
When licensees who are not following the established standards of professional conduct are checked at an early stage, future loss or harm to clients can be prevented.
Photographer could not prove damages against licensee who used unauthorized photo on her website.
Under designated agency, the agency relationship is only with the designated agent specified in the brokerage agreement, not with the brokerage, and not with any other licensees of the brokerage.
Some courts are viewing the duties owed to buyers by licensees representing them as broader than the duties of listing agents.
Practice Tip: Use technology to help manage licensees working at different locations.
That's a key provision, because it may mean cooperating in - state licensees aren't responsible for violations committed by their partners.
One of the reasons why licensees fail or only achieve modest success is their inability to focus on the consumer's needs and to market their services accordingly.
Under the recommended changes, licensees affiliated with a participant would have a choice to belong to one or more of the services where their principal broker receives multiple listing service.
Unfortunately, many real estate brokers, managers, and recruits don't talk to new licensees about the importance of budgeting and keeping close watch on how much is going out.
For example, an associate of an individual licensee includes a company of which a spouse or family partner is entitled to not less than 5 % of the profit.
In addition to the server license, licensees pay a content license fee for each content license issued.
But compensation of licensees within a company is a different issue than negotiating commissions with clients or negotiating cooperative compensation offers with other companies.
A second phase will address paper sourced by independent licensees of the company.
In designated agency, the brokerage and its clients agree that one or more licensees engaged by the brokerage will be designated to act as sole agents on behalf of each client.
Most trading services licensees would probably agree that helping clients to buy their «dream home» is one of the most satisfying parts of the job.
I have a patent on my product and am currently negotiating directly with potential licensees.
There was no evidence that licensees knew or should have known that elderly client did not understand the real estate transaction.
Only licensees under this chapter may use any title described in subsection (1)(b).
A participatory budgeting process would allow licensees to vote, on their Annual Reports, for the most important causes.
A minority of judges held that an exclusive licensee could not sue the copyright owner for copyright infringement.
It is not surprising that disputes occasionally arise between licensees and consumers.
Virtual currency licensees need to make a special list of disclosures to their clients, which are included in the newly added Section 21 (2) of the bill.
Real estate licensee owed duty to disclose facts of which she was aware, but did not have a duty to inspect the property.
According to the court, an associate licensee represents a brokerage in a real estate transaction and does not have an independent agency relationship with the client.
However, it is important to recognize generally speaking that the point of licensing is to ensure competence and that the licensing requirement inherently places burdens on prospective licensees.
Sometimes there are a number of licensees involved in a transaction that has resulted in the filing of a complaint.
Any person holding such license shall not be required to secure individual licenses for animals owned by such licensee and kept at such establishment.
Car returns made at an independent licensee owned location will not be eligible for the benefit.
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