Sentences with phrase «maintained by the brokerage»

Section 4 - 9 of the Council Bylaws requires that each trust account maintained by the brokerage be reported on by the accountant in the Accountant's Report.

A managing broker must be a signing authority on each trust account maintained by the brokerage.

With respect to an individual applying for licensing as a managing broker, section 7 - 4 [other trust account requirements] of the Rules requires at least one related managing broker must be a signing authority on each trust account maintained by a brokerage.

In addition, section 7 - 4 [other trust account requirements] of the Rules requires at least one related managing broker must be a signing authority on each trust account maintained by a brokerage.

(3) Subject to subsection (4), subsection (1) does not apply to money deposited in a separate trust account maintained by a brokerage for a principal, in which case the interest is to be paid to or in accordance with the instructions of the principal.

«brokerage trust account» means, in relation to a brokerage, an account maintained by the brokerage under section 26 [obligation to maintain trust account];

(c) a list of each brokerage trust account, commission trust account and other savings institution account opened, closed or maintained by the brokerage during the fiscal year;

(ii) into a commission trust account maintained by the brokerage in accordance with the rules and, from that account, to or on behalf of the licensee.

This is necessary as section 7 - 4 [other trust account requirements] of the Rules requires at least one related managing broker to be a signing authority on each trust account maintained by a brokerage.

(a) disclose to an accountant referred to in subsection (3) every savings institution account that was opened, closed or maintained by the brokerage during the fiscal year,

7 - 4 (1) At least one related managing broker must be a signing authority on each trust account maintained by a brokerage.

Not exact matches

Eligible Fidelity retail accounts generally include those maintained by Fidelity Brokerage Services or held in Portfolio Advisory Services accounts [excluding assets maintained through Fidelity - recordkept retirement saving plans, such as 401 (k) and 403 (b) plan assets].

He will be responsible for leading his team by fostering new approaches to monitor and manage brokerage networks while developing and maintaining market awareness and ensuring optimum site selection.

Under the terms of the Advisory Agreement, each Fund is responsible for the payment of the following expenses among others: (a) the fees payable to the Adviser, (b) the fees and expenses of Trustees who are not affiliated persons of the Adviser or Distributor (as defined under the section entitled («The Distributor»)(c) the fees and certain expenses of the Custodian (as defined under the section entitled «Custodian») and Transfer and Dividend Disbursing Agent (as defined under the section entitled «Transfer Agent»), including the cost of maintaining certain required records of the Fund and of pricing the Fund's shares, (d) the charges and expenses of legal counsel and independent accountants for the Fund, (e) brokerage commissions and any issue or transfer taxes chargeable to the Fund in connection with its securities transactions, (f) all taxes and corporate fees payable by the Fund to governmental agencies, (g) the fees of any trade association of which the Fund may be a member, (h) the cost of fidelity and liability insurance, (i) the fees and expenses involved in registering and maintaining registration of the Fund and of shares with the SEC, qualifying its shares under state securities laws, including the preparation and printing of the Fund's registration statements and prospectuses for such purposes, (j) all expenses of shareholders and Trustees» meetings (including travel expenses of trustees and officers of the Trust who are not directors,

Your honor, it is our position that TREB has substantial or complete control of real estate brokerage services in the GTA; that TREB has exercised that control in a manner that has had the effect of creating or maintaining its market power to the benefit of its members; and that this has substantially lessened competition in the real estate marketplace, which is evidenced in no uncertain terms, by «the red - hot, yet cutthroat GTA market.»

As such for any Brokerage to attempt to maintain a listing, even if owed money by the listing agent, would fail to hold up contractually, once the courts found out such disclosures were not made at the time of the listing.

CREA gave the MLS system away by introducing MERE listings to posting brokerages while we the Realtors who supported the system for many many years with our fees are told we need to become more professional with courses that we are obligated to pay to maintain our licence.

Challenged by demand for discount and other unconventional brokerage models, and potentially disintermediation, real estate broker / owners today are charged with embracing innovative practices while maintaining profitability.

Therefore, they are able to maintain that agency relationship, even in an «in - house» transaction, as long as both buyer and seller are represented by two different designated agents within the same brokerage.

A brokerage is required to maintain financial records for the brokerage which indicate the amount of money received or paid by the brokerage on its own account and on account of others.

(ii) maintained in its brokerage trust accounts sufficient funds to discharge its gross trust liabilities as disclosed in the information provided by the brokerage to the accountant for the purposes of the report, and

Lifting restrictions on advertising would open up a new source of revenue for franchisors, MLSs, brokerages and agents, Shiraz Vartanian, general manager of Real Estate and Living Media (REALM) at LPS Real Estate Group, maintained in an April 13 guest opinion piece published by Inman News.

(3) If a referral fee is paid by a brokerage and this section applies, the brokerage must prepare and maintain a record, in a form approved by the council, that includes the following information:

The Real Estate Trading Act requires every brokerage in the province to maintain an interest - bearing trust account where all money received by consumers is held.

(3) If a brokerage receives a referral fee and this section applies, the brokerage must prepare and maintain a record, in a form approved by the council, that includes the following information:

Saving time and eliminating the stress of maintaining MLS ® listings on individual or brokerage websites is one of our key value proposition, and we can achieve this by providing an effective solution to one the biggest technology barriers that REALTORS ® encounter when it comes to marketing their listing inventory on the internet.

Mississauga Real Estate Homes, Townhomes and Condos for Sale Privacy - Policy Guarantees All Pages including SiteMap and Mississauga Real Estate Blog all maintained by A. Mark Argentino [email protected] Copyright © A. Mark Argentino, P.Eng., Broker, RE / MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 [phone] First created — Tuesday, July 16th, 1996 at 3:48:41 PM — Last Update of this website: Sunday, April 15th, 2018

Alternatively, if the brokerage does not wish to assume the responsibility to prepare and maintain the parking stall list required by section 35 of the Strata Property Act, the brokerage should amend its contract with the strata corporation to delete this obligation.

In addition to maintaining separate trust accounts, when strata fees that include contingency reserve funds or special levy payments of a section are received by the brokerage, the brokerage must transfer the portion of the fee that relates to the contingency reserve fund or special levy to the contingency reserve fund trust account or special levy trust account of the section, as the case may be, within the time period set out in section 7 - 9 (4) of the Rules.