Sentences with phrase «not on behalf of the buyer»

An individual acting under this exemption must disclose to other principals (i.e., potential buyers of the development unit) that the individual is not licensed under RESA, who the individual is employed by, and that the individual is acting on behalf of the developer (s) and not on behalf of the buyer.

Not exact matches

If you get approached by someone on behalf of another company that may be interested in buying your business it is highly likely that they are working for the potential buyer of your business and have their best interests at heart, not yours.

In addition to any other requirements or restrictions set forth in this Agreement, you shall not: (i) utilize the credit available on any Card to provide cash advances to Cardholders, (ii) submit any card transaction for processing that does not arise from your sale of goods or service to a buyer customer, (iii) act as a payment intermediary or aggregator or otherwise resell our services on behalf of any third party, (iv) send what you believe to be potentially fraudulent authorizations or fraudulent card transaction, or (v) use your Merchant Account or the Service in a manner that Visa, MasterCard, American Express, Discover or any other Payment Network reasonably believes to be an abuse of the Payment Network or a violation of Payment Network rules.

But sellers are not required to pay any closing costs on behalf of a VA buyer.

As reported in the Wall Street Journal, the country's largest junk debt buyer and parent of Midland Credit Management, Encore Capital Group, had a business plan of not pursuing any credit card lawsuit filed on its behalf that was answered.

An investment dealer operates as an agent when it acts on behalf of a buyer or a seller of a security and does not itself own title to the securities at any time during the transactions.

That's because the U.S. Department of Veterans Affairs (VA) does not issue VA loans, they guarantee a portion of the loans to the lender on behalf of qualified buyers.

A credit services organization and its salespersons, agents, representatives, and independent contractors who sell or attempt to sell the services of a credit services organization shall not do any of the following: (a) Charge or receive any money or other valuable consideration prior to full and complete performance of the services the credit services organization has agreed to perform for or on behalf of the buyer.

ramifications of choosing one form of business entity over another (partnership, say, over a corporate form), or a Realtor from helping a buyer or seller fill out listing or offer forms, or anyone who is not a lawyer from negotiating on another's behalf pretty much any kind of legally binding agreement whatsoever.

Brokers are not appointed by insurers, and they submit applications on behalf of buyers in order to solicit insurance quotes from insurers.

They concluded that REALTOR ® X's inducement of Buyer B by emphasizing that the property might sell quickly (which might well have been true), coupled with her offer to prepare a purchase contract on Buyer B's behalf, constituted an initiation of dealings on the property by REALTOR ® X, not by Buyer B.

Whether it is showing my Buyers dozens of homes, writing letters on their behalf and door knocking in a desired neighborhood to identify potential homes not yet on the market, or putting my staging inventory to work to prep Sellers» homes for a faster and more valuable sale, I go above and beyond for my clients — and enjoy doing so.

«Seller's agents and dual agents do not and can not by law give a buyer the same degree of loyalty as an agent who acts on behalf of a buyer,» the court said in its ruling.

Montana's highest court has ruled that an agent can't work on behalf of more than one buyer bidding on the same property.

RECO CODE OF ETHICS Section: 14 «If a Brokerage enters into a buyers representation agreement with a buyer and the agreement is not in writing, the brokerage shall, before the buyer makes an offer, reduce the agreement to writing, have it signed on behalf of the brokerage, and submit it to the buyer for signature»OF ETHICS Section: 14 «If a Brokerage enters into a buyers representation agreement with a buyer and the agreement is not in writing, the brokerage shall, before the buyer makes an offer, reduce the agreement to writing, have it signed on behalf of the brokerage, and submit it to the buyer for signature»of the brokerage, and submit it to the buyer for signature».

That same day, another real estate salesperson, who was a friend of the buyer but who hadn't been involved in the transaction before, presented an offer on behalf of that buyer.

If a brokerage enters into a buyer representation agreement with a buyer and the agreement is not in writing, the brokerage shall, before any buyer makes an offer, reduce the agreement to writing, have it signed on behalf of the brokerage and submit it to the seller for signature.

It is certainly true that members of the public and real estate licensees may contractually establish a relationship that is not an agency relationship; however, the extensive research conducted by Professor William Foster on behalf of the ATF confirmed that the courts view the relationship currently established by listing contracts and exclusive buyer agency contracts across Canada (except in the province of Quebec where the common law does not apply) to be an agency relationship.

The simplest option to avoid these tedious processes is for the buyer to sign a Special Power of Attorney authorising a person in South Africa to act on their behalf, because many foreigners aren't necessarily in South Africa when the various documents need to be signed before the transaction is concluded.

Marko seems to be saying that he provides added value when negotiating on behalf of Buyer's, but, for some reason, not Seller's, or that Buyer's just like keeping him around!

A buyer who relies on the seller's agent or on dual agency does not receive the same degree of legal protection as that afforded by an agent acting solely on behalf of the buyer.»

(4) A licensee who is providing trading services to or on behalf of a buyer must provide a notice in accordance with subsection (6) if the licensee is aware that a contract to be presented to the seller for consideration does not contain a term referred to in subsection (3)(a) or (b).

Some real estate agents don't think they need to tell the home buyer about something like an illegal home addition or conversion, or the fact that the agent is really working on behalf of the seller and not the buyer.

Based on the explicit language of the agreement, the court ruled that it should have been clear to the Buyers that the Brokerage was not acting on their behalf in this transaction.

It's also important that real estate brokers and agents may not (unless they have specific authority to do so from their seller and buyer clients) enter into contracts on behalf of their principals (their clients).

The brokerage that receives money in connection with this transaction is authorized to pay such money to the Buyer's conveyancer, provided that such money is to be held in trust by the conveyancer as stakeholder pursuant to the provisions of the Real Estate Services Act, pending the completion of the transaction and not on behalf of any of the principals to the transaction, and should the sale not complete, the money should be returned to the brokerage as stakeholder.

Moreover, if we can not negotiate on our own behalf, we certainly do not have the skills to negotiate on behalf of Sellers and Buyers in the public domain.

Maybe now that gasoline cost is noticeably higher and the increased costs we all see in purchases required to operate, in general, are on the rise, perhaps agents will begin to see the need to concentrate on working with real (qualified) buyers, not those who would just love to spend the afternoon looking at houses, and making (otherwise good) offers on some — only to learn after several days of COF that they can not get their money power organized to enable a sold sign to be installed on their behalf.

I say «should» because let's face it if you have been working for a Seller, been in their home and know the names of family members it is difficult not to advise and negotiate on their behalf just because the Buyer is also represented by the same office.