Sentences with phrase «licensing on behalf of the brokerage»

Managing brokers who allow unlicensed individuals to perform activities that require licensing on behalf of the brokerage may find themselves subject to disciplinary action by the Council.

Not exact matches

In Ontario, only mortgage brokers and agents licensed with the Financial Services Commission of Ontario (FSCO) can engage in syndicated mortgage transactions on behalf of a brokerage, and only licensed mortgage brokers (not agents) can sign the required investor / lender disclosure statement forms.

Successful representation of US - based and international clients in federal and state courts in a wide range of matters, including claims of breach of licensing, distribution, franchise, agency, brokerage, long - term supply and manufacturing services agreements; cross-border disputes, and trademark infringement actions on behalf of a fashion house.

(However, unlicensed individuals must disclose that they are «unlicensed» if they communicate with consumers on behalf of the brokerage or licensed team leader.)

But brokers could still have some liability because the salesperson who hired the assistant is licensed with the broker and the assistant ultimately is conducting business on behalf of the real estate brokerage.

An individual who is employed as a caretaker or manager by a brokerage is exempt from the need for licensing if the caretaker or manager does not negotiate or enter into contracts on behalf of the brokerage or the owner of the rental real estate, and if the caretaker or manager promptly delivers any money, such as rent, security deposits, or pet damage deposits to the brokerage.

These rental property management services, like all real estate services, must be provided in the name of and on behalf of a licensed brokerage.

Only managing brokers, associate brokers, or representatives who are engaged by and licensed to the brokerage may provide real estate services on behalf of the brokerage.

The Real Estate Division provides real estate licensing and mortgage brokerage courses on behalf of regulatory bodies in British Columbia.

(a) must not provide real estate services other than on behalf of the brokerage in relation to which they are licensed, and

2.18 (1) Subject to subsection (2), an individual who is employed as a caretaker or manager by a strata corporation, or by a brokerage that provides strata management services to or on behalf of a strata corporation, is exempt from the requirement to be licensed under Part 2 of the Act in respect of collecting strata fees, contributions, levies or other amounts levied by, or due to, the strata corporation under the Strata Property Act.

A licensee must be licensed with a brokerage and can only trade on behalf of that brokerage.

8 DOS 93 Matter of Cruz - licensed broker who conducts brokerage on behalf of unlicensed corporation violates RPL § § 440 - a and 441 (1)(a)

Your current licence to trade in real estate authorizes you to trade on behalf of the brokerage with which you work for and in the class that you are licensed (i.e. salesperson, broker, etc.).

RESA also provides that a representative may only provide real estate services on behalf of the brokerage to which the representative is licensed.

You may only provide services defined as real estate services in the name of and on behalf of the brokerage with which you are licensed and you may only receive related remuneration that is first paid into the trust of your brokerage — never directly.

Section 7 of RESA establishes that individuals licensed to provide real estate services must provide those services in the name of, and on behalf of, their related brokerage.

contract with a brokerage licensed to provide rental property management services to manage the unit on behalf of the strata corporation.

Applicants for licensing who are providing real estate services under any of the exemptions listed in the Real Estate Services Regulation (see list below) must either start providing those services on behalf of their new brokerage, or stop acting under the exemption.

While licensees can have other jobs or sources of income unrelated to real estate services, they must not provide real estate services other than on behalf of the brokerage in relation to which they are licensed.

Any individual who provides rental property management services to a strata corporation client on behalf of a brokerage must also either be licensed to provide rental property management services or be an unlicensed employee of a brokerage that is licensed to provide rental property management services, where the employee is acting under the «Exemption for caretakers employed by brokerages» in section 2.14 of the Regulation.

States may require a person licensed as a real estate agent, sales associate or salesperson, be affiliated with a broker in order to engage in licensed real estate brokerage activities or allow the agent, sales associate or salesperson to work for another agent, sales associate or salesperson conducting business on behalf of the sponsoring agent, sales associate or salesperson.