Sentences with phrase «obligations as a licensee»

Not exact matches

SB 59 amends the statute to include virtual currency owned by the licensee as a permissible investment to the «extent of outstanding transmission obligations received by the licensee in identical denomination of virtual currency.»

«As the regulatory body responsible for administering the Real Estate Services Act, we will be working on many fronts to make sure the requirements are well understood, that licensees comply with their new obligations, and that comprehensive monitoring and enforcement programs are put into place.»

The problem with the Law Society's approach is that they want licensees to acknowledge an obligation they do not as yet appear to have created (as required per Proposition 3).

a special responsibility to respect the requirements of human rights laws in force in Ontario and, specifically, to honour the obligation not to discriminate on the grounds of race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity, gender expression, age, record of offences (as defined in the Ontario Human Rights Code), marital status, family status, or disability with respect to professional employment of other lawyers, articled students, or any other person or in professional dealings with other licensees or any other person [emphasis added].

I kindly invite any licensees who can not accept such obligations to find less - regulated types of work, such as «philosopher» or «pundit».

«As with all Law Society obligations, licensees must satisfy themselves that they have complied,» said the LSO.

Indeed, it's telling that the Racialized Licensee Working group report recommended, as necessary, amendments to the Rules to «reinforce» this obligation — I read that as a subtle admission that the obligation is not there.

As the Law Society has indicated, in the documentation accompanying the recommendation as well as the legal opinion that accompanied the report to Convocation, the duty to promote equality, diversity and inclusiveness — not only in our legal practices, but also in our public lives — is implicit in the existing rules and obligations governing licensees, and not a new obligatioAs the Law Society has indicated, in the documentation accompanying the recommendation as well as the legal opinion that accompanied the report to Convocation, the duty to promote equality, diversity and inclusiveness — not only in our legal practices, but also in our public lives — is implicit in the existing rules and obligations governing licensees, and not a new obligatioas well as the legal opinion that accompanied the report to Convocation, the duty to promote equality, diversity and inclusiveness — not only in our legal practices, but also in our public lives — is implicit in the existing rules and obligations governing licensees, and not a new obligatioas the legal opinion that accompanied the report to Convocation, the duty to promote equality, diversity and inclusiveness — not only in our legal practices, but also in our public lives — is implicit in the existing rules and obligations governing licensees, and not a new obligation.

Conversely, licensees must also act honesty, e.g. by accurately reporting royalties owed to the licensor, otherwise they could be found in breach of the duty as well as breach of their royalty reporting obligations under the license.

Because the Licensee had chosen to act as an escrowee, he was bound to fulfill his obligations as such.

As with any contractual agency relationship, the courts would expect a licensee acting as a designated agent to perform his / her obligations in a manner that is consistent with the contract and the common law of agencAs with any contractual agency relationship, the courts would expect a licensee acting as a designated agent to perform his / her obligations in a manner that is consistent with the contract and the common law of agencas a designated agent to perform his / her obligations in a manner that is consistent with the contract and the common law of agency.

In that capacity the licensee would have an obligation to «show everything on the market» as Mr. Teichner suggests.

The brokerage would not start out, as it does today, as the sole agent for one of the parties, with every licensee engaged by the brokerage taking on the same status, and then have to strip away many of its agency obligations (and simultaneously stop being able to provide the agency services it initially offered) to become an impartial dual agent in an «in - house» transaction.

Registrar Brad Chisholm says that as the regulator for Nova Scotia's real estate industry, NSREC has an obligation to consumers to ensure that licensees are complying with their regulatory obligations and does so, in part, by conducting regular brokerage audits.

In all cases where a brokerage or licensee receives fees or payment for forms, such as the Form B or Form F, or payment for photocopies from someone other than the strata corporation, the obligation to make disclosure of remuneration is triggered.

Under brokerage agency, when the brokerage is acting as a limited dual agent, the brokerage and these competing clients have agreed that the duties and obligations of the brokerage and its related licensees are to be limited.

In other words, the obligations of a representative apply to every licensee licensed as a representative or an associate broker regardless of the manner in which they are engaged by the brokerage.

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

In brokerage agency, it is the brokerage that is the agent of the client, and all licensees engaged by that brokerage automatically assume the same agency obligations as the brokerage in relation to that client.

The «TO CLIENT BROKERAGE SOLE AGENCY» column describes the obligations that a brokerage and all of its related licensees owe to their clients in a brokerage agency relationship when acting as a sole agent.

These distinctions are important for both the brokerage (and its related licensees) and the buyer / tenant or the seller / landlord to consider, since the nature of the relationship that is established, whether sole agency, limited dual agency, or no agency, determines the duties and obligations of the brokerage and its related licensees, as well as the level of assistance and representation that the party will receive.

It is important to remember that under brokerage agency practice, when a licensee engaged by a brokerage lists a property for sale, the brokerage is appointed as the agent of the seller, and all of the brokerage's related licensees assume the agency obligations of the brokerage in relation to that seller.

Similarly, under brokerage agency, when a licensee engaged by a brokerage acts as a buyer's agent, the brokerage is appointed as the agent of the buyer, and all of its related licensees assume the agency obligations of the brokerage in relation to that buyer.

Before presenting a back - up offer to a seller, the licensee acting for the second buyer should advise the buyer as to the buyer's obligations to complete the transaction should the back - up offer be accepted and the original contract collapse.

These laws and regulations generally specify minimum duties and obligations of these licensees to their clients and the public, as well as standards for the conduct of business, including contract and disclosure requirements, record keeping requirements, requirements for local offices, escrow trust fund management, agency representation, advertising regulations and fair housing requirements.