Sentences with phrase «licensees representing»

In British Columbia, it is important for consumers to know that while sellers and licensees representing sellers are required by law to disclose material latent defects affecting a property, they are not required by law to disclose the existence of possible stigmas that might be of concern to specific buyers.

Therefore, if asked about the possible existence of stigmas, the seller, or licensees representing the seller, may:

Licensees will find a safety, health and environmental inspection / testing / government approval clause on page 134 of the Professional Standards Manual that would be appropriate to be used by licensees representing buyers, who are offering to purchase a property in which there may be materials that may contain asbestos.

Therefore, British Columbia buyers, who are concerned about certain possible stigmas in regard to a property, are responsible to conduct their own investigation which could include inquiries of licensees who represent them or direct inquiries of the seller or licensees representing the seller.

The principal real estate broker and the real estate licensees representing either seller or buyer shall owe the following duties to the seller and buyer:

Some courts are viewing the duties owed to buyers by licensees representing them as broader than the duties of listing agents.

For example, a team hosting two open houses on one day must be able to provide at each one a licensee representing the seller; an unlicensed assistant can't be the host — otherwise it's an agency violation.

In other words, the court's analysis starts with the question, Did the licensee represent the seller or the buyer?

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.

The Supreme Court of Alabama has ruled on when an appraiser can be liable to third parties for a negligent misrepresentation made in his appraisal report and also whether a real estate licensee representing the seller has a duty to disclose to the buyer that the owner of the licensee's brokerage has an ownership interest in the property being sold.

In Parahoo v. Mancini, the Ohio Court of Appeals made it clear that in Ohio, the property disclosure duties owed by a licensee to a buyer can be very different, depending upon whom licensee represents.

A Maryland appellate court has considered whether a real estate licensee representing the landlord in a leasing transaction has any duty under that state's lead - based paint law to protect a tenant from exposure to lead - based paint.

New rules forbidding dual agency (where a real estate licensee represents two parties in a sale) originate from recommendations in a 2016 report of the Independent Advisory Group on Real Estate Regulation in B.C.

If you feel that a real estate licensee representing you has not acted in your best interests, or may have otherwise contravened the Real Estate Services Act, contact the Real Estate Council of BC promptly: [email protected] 1-877-683-9664

Dual agency is when a licensee represents two or more parties with competing interests in a trade in real estate, such as both buyer and seller, or two or more competing buyers.

If you are ever unsure about the actions of a licensee representing you, contact the Council at [email protected] to discuss your concerns.

Before making that decision, you should consider the risks of remaining unrepresented, and the potential benefits of having a real estate licensee represent your interests in a trade in real estate.

As a client, a licensee represents you in dealings with third parties and has obligations to you.

Dual agency refers to when a licensee represents, in a single transaction, two or more clients whose interests are in conflict.

The written offers prepared by the purchaser indicated the licensee represented the «Seller only,» the purchaser did not have control over the details of the licensee's actions, and the licensee had autonomy and independent decision - making authority in the sales process.

Unlike the obligation to disclose a material latent defect, a seller, and, therefore, a licensee representing that seller does not have an obligation to disclose the existence of stigmas which might affect the property.

When a licensee represents a seller who is an owner - builder, or who is a subsequent owner within the first 10 years as required by the HPA Regulations, the licensee should insert a clause in the Contract of Purchase and Sale confirming delivery of the Owner - Builder Disclosure Notice as follows:

If you are a licensee representing foreign buyers in Greater Vancouver, you should recommend that your clients obtain legal advice about any property transfer tax issues.

Not exact matches

You represent, warrant and agree that you are a REALTOR ®, an NAR member, the Canadian Real Estate Association («CREA»), a member of CREA, an NAR or CREA member Board or Association, an NAR affiliate, an NAR licensee, or otherwise in a contractual relationship with NAR relating to use of NAR's REALTOR ® mark and that, in such capacity, you are deemed an «Affiliate» of RED as such is defined in the Registry Agreement, including as specifically set forth in the Code of Conduct Exemption.

It represents many nationally known brewers and importers of beer and non-alcoholic beverages, and it serves more than 1,000 licensees.

8.4 On termination of this License by the Licensee for cause, as specified in clause 8.2.2 above, the Publisher shall forthwith refund the proportion of the Fee that represents the paid but un-expired part of the Subscription Period.

By posting Content to any public area of Match.com, you automatically grant, and you represent and warrant that you have the right to grant, to Match.com, its affiliates, licensees and successors, an irrevocable, perpetual, non-exclusive, fully paid, worldwide license to use, copy, perform, display, reproduce, adapt, modify and distribute such information and content and to prepare derivative works of, or incorporate into other works, such information and content, and to grant and authorize sub-licenses of the foregoing.

At the hearing, the licensee shall be entitled to be represented by counsel.

A licensee shall not represent conflicting interests except by express consent of all concerned subsequent to a full disclosure of the facts.

«This is the sixth year that we have advocated for updating the Kansas Pet Animal Act,» said President of PACK, Kate Meghji, who is also executive director of the Lawrence Humane Society, «And I find it terribly concerning that shelters and rescues, who represent the largest number of licensees in the state, are being treated differently than breeders, when it comes to state inspections.»

Jay Landrum, an attorney with extensive experience representing artists, art publishers, licensors and licensees, discusses those traps with us.

Requiring a licensee to acknowledge, for example, that he has an obligation not to represent two clients whose legal interests are directly adverse, even in an unrelated matter, helps ensure that licensee remembers that the bright line rule exists.

Represented well - known handbag designer and its exclusive U.S. licensee in counterfeiting, trade dress and copyright infringement actions in federal courts across the nation against sellers of infringing and counterfeit handbags.

The subsequent correspondence «represented a «cat and mouse game» that has no place in the relationship between licensee and regulator,» Anand wrote.

We represent clients in all facets of these industries including: composers, actors, entertainment entrepreneurs, multi-platinum and up - and - coming recording artists, producers, mixers, engineers and songwriters, personal managers, talent and commercial agencies, content licensors and licensees, live event promoters, industry executives, on - air talent, publishers, authors, television and other content creators, financing, production, directors, writers, entertainment executives and VFX and post-production facilities.

Represented a toy and video game manufacturer in an action against a licensee for fraud and breach of contract, and to terminate licensed rights.

And if I am correct the results of the study does not show that 43 % of licensees experienced discrimination; it was 43 % of the respondents which represented approximately 3800 lawyers.

Represented Emcore in patent infringement action brought by its licensee against Nichia and in a parallel Inter Partes Review proceeding brought by Nichia against Emcore's asserted patent.

Gilbertson Davis LLP's lawyers have experience in dealing with trademark and copyright disputes, and have acted for and represented owners, licensees, and others in actions relating to copyright infringement, trademark infringement, passing off, and disclosure of confidential information.

Christian & Small's liquor liability practice offers an extra dimension to these claims because they have professionals with Alabama Alcoholic Beverage Control (ABC) Board certification who can represent restaurant and bar licensees at the Board level.

In addition, our attorneys regularly represent licensors and licensees in international and domestic transactions involving software, patent, trademark, copyright and trade secret licenses.

(h) A licensee who is approved by the board as a supervisor whose license is not renewed due to failure to meet all requirements for licensure renewal shall not advertise or represent himself or herself as a supervisor in any manner.

each spouse is represented separately under a co-listing agreement, in which two licensees from different brokerages work in tandem to sell the property; or

Often, the type of representation that a licensee will provide is based on the relationship that exists between the spouses: if the relationship is amicable, spouses may choose shared representation, while couples experiencing a high degree of conflict may choose to be represented by separate licensees.

In accordance with the Commissioner's Rule, R4 -28-1101 (F), a licensee shall not accept compensation from or represent more than one party to a transaction without the prior written consent of all parties.

(2) The designation of one or more licensees as a designated agent does not constitute dual agency under this section unless the licensee designated as the designated agent represents the parties referred to in paragraph (a), (b), (c) or (d) of the definition of «dual agency» as clients in respect of a trade in real estate.

When only representing the seller, the licensee needs to be careful to avoid creating an undisclosed dual agency relationship with the buyer and care should be taken in both words and conduct to ensure that buyers understand that the sales associate doesn't represent them.

The licensee disclosed that he had previously represented the seller in buying that property, and he would act as dual agent in the transaction.

Ohio law allows a real estate professional to represent multiple parties looking at the same property, but it isn't clear whether this also allowed a licensee to write multiple offers for the same property.

The Montana Association of REALTORS ® filed an amicus curiae brief arguing that because the state's law permits licensees to act as dual agents of the buyer and the seller and «act solely in the best interests» of both parties, a buyer's representative should be able to represent two bidders in the same manner.