Sentences with phrase «of a trade in real estate if»

5 - 17 (1) Despite section 5 - 16, a brokerage may engage in dual agency in respect of a trade in real estate if the real estate is in a remote location that is under - served by licensees and where it is impracticable for the parties to be provided trading services by different licensees.

Not exact matches

A carry trade is typically based on borrowing in a low - interest rate currency and converting the borrowed amount into another currency, with proceeds placed on deposit in the second currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated in the second currency.

«And so if Trump somehow really managed to eliminate or dramatically reduce the U.S. trade deficit, one consequence of that could well be a decline of the value of real estate — not only in the New York City area, but throughout the United States.»

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

Under normal market conditions, the Fund invests, directly or indirectly through exchange traded funds («ETFs») and mutual funds (together with ETFs, «Underlying Funds»), at least 80 % of its assets (plus the amount of borrowings, if any) in long and short positions in real estate related securities.

If there's one thing I've learned in the last 5 years, when it comes the topic of wealth creation, weather it be trading share market, the currency market, real estate or even simple business, I find that failure in these fields is mainly due to a lack of discipline or planning.

If this article has been reported in the correct sequence of events, Don Richardson had already answered the subject question correctly, with:» Richardson added that it was a judgement call by the member to decide if the consumer should receive the search results based on whether it matched the reasons for which it was conducted, which he earlier testified was based on whether it or not it related to the trade, or potential trade, of real estate.&raquIf this article has been reported in the correct sequence of events, Don Richardson had already answered the subject question correctly, with:» Richardson added that it was a judgement call by the member to decide if the consumer should receive the search results based on whether it matched the reasons for which it was conducted, which he earlier testified was based on whether it or not it related to the trade, or potential trade, of real estate.&raquif the consumer should receive the search results based on whether it matched the reasons for which it was conducted, which he earlier testified was based on whether it or not it related to the trade, or potential trade, of real estate.»

In other words, if the fee depends on a sale of property and is calculated as a percentage of the sale price, the transaction will be considered a trade in real estate and as such, recovery of remuneration is barred by section nine of REBBA if the service provider is not registered under REBBIn other words, if the fee depends on a sale of property and is calculated as a percentage of the sale price, the transaction will be considered a trade in real estate and as such, recovery of remuneration is barred by section nine of REBBA if the service provider is not registered under REBBin real estate and as such, recovery of remuneration is barred by section nine of REBBA if the service provider is not registered under REBBA.

If a Sales Representative has left Legacy and signed with another brokerage and has asked the seller to reassign their listing, that agent would be in breach of the REAL ESTATE AND BUSINESS BROKERS ACT, 2002 Code of Ethics» (2) If a broker or salesperson knows or ought to know that a buyer or seller is a party to an agreement in connection with a trade in real estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.&raqREAL ESTATE AND BUSINESS BROKERS ACT, 2002 Code of Ethics» (2) If a broker or salesperson knows or ought to know that a buyer or seller is a party to an agreement in connection with a trade in real estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.&raqreal estate with a brokerage other than the brokerage that employs the broker or salesperson, the broker or salesperson shall not induce the buyer or seller to break the agreement.».

For example, referring to remuneration as a «consulting fee», «success fee» or «commission» will not defy the application of section nine of REBBA if the fee is based on or dependent on a trade in real estate.

I believe that if CREA and the various Real Estate Associations across Canada had thought up the idea of «mere postings» on their own initiative, the Provinces would likely have stepped up and accused our Industry of trying to create a product that could ultimately circumvent Provincial Trading Regulations — as a result of the direct involvement of consumers, in what is an industry based (hybrid) product.

When a «VOW» doesn't actually or literally trade in Real Estate and instead relies on those that do for, at least, some of its revenue, is the «VOW» s suggested entitlement to Real Estate Industry data a Competition Bureau Issue — if they're (VOW) seeking to profit off of professional Real Estate, as opposed to competing within it?

To me, if the Competition Bureau of Canada compels any Real Estate Association to involuntarily give its MLS ® data to a «VOW» that doesn't actively trade, it will feel in the end, not unlike we're being obligated to buy a service!

This staggering number of naïve wannabes is a reflection of a collective mindset that regards selling real estate as an easy path to much more money than has been earned previously, if not outright riches due to the potential for insider trading in real estate.

When Hardy is asked if her knowledge and familiarity of topics - of - the - trade comes directly from her experience in the real estate field, she answers, «Absolutely!»

It is always nice to put a face to a name; a real live real estate person; and if I can ever be of service to people you know in my trading area, I'd be pleased to assist.

Section 5 - 10 of the Rules requires that a licensee must disclose the nature of the representation that the licensee will provide and whether, if applicable, the licensee or a related licensee is or expects to provide trading services to or on behalf of another person in relation to the same trade in real estate, or whether the licensee or related licensee expects to receive remuneration from another person in relation to the same trade in real estate.

(i) if the transaction involves the acquisition of disposition of 100 % of the issued and outstanding shares in the capital of a corporation that has a real estate component (sale or lease of real property, including an assignment of lease), a real estate licence is required by third parties providing trading services in relation to the transaction; i.e., this is considered a trade in real estate;

A managing broker is required by section 3 - 1 (4) of the Rules to ensure that all parties to an agreement giving effect to a trade in real estate are immediately notified if a deposit that was to be held by the related brokerage is not received or if the deposit cheque or other negotiable instrument is not honoured.

Additionally, a Disclosure of Interest in Trade form must also be completed if an associate of the licensee is either acquiring or disposing of real estate and the licensee is providing real estate services to the associate.

Section 3 - 1 (4) of the Rules requires that a managing broker ensure that all parties to the agreement relating to the trade in real estate are immediately notified if the deposit contemplated by the agreement is either not received or is not honoured.

(ii) if the transaction involves the acquisition of disposition of 100 % of the issued and outstanding shares in the capital of a corporation that does not have a real estate component (sale or lease of real property, including an assignment of lease), a real estate licence is not required by third parties providing trading services in relation to the transaction; i.e., this is not considered a trade in real estate; or

2.11 A person who is providing trading services only by referring a party to a trade in real estate to a licensee, or by referring a licensee to a party, for the purpose of the licensee providing trading services, is exempt from the requirement to be licensed under Part 2 of the Act in relation to the person's provision of those referral services if

(2) In addition, in the case of an applicant for a new brokerage licence, the real estate council may refuse to issue the licence if the real estate council considers that the applicant has a legal name or trade name that is likely to confuse or mislead the publiIn addition, in the case of an applicant for a new brokerage licence, the real estate council may refuse to issue the licence if the real estate council considers that the applicant has a legal name or trade name that is likely to confuse or mislead the publiin the case of an applicant for a new brokerage licence, the real estate council may refuse to issue the licence if the real estate council considers that the applicant has a legal name or trade name that is likely to confuse or mislead the public.

Real Estate or a Bachelor of Commerce Real Estate (B.Comm) from the University of British Columbia in the last ten (10) years, you are eligible to request a waiver from the applicable trading services and / or rental property management licensing course and examination if:

(2) A person who is providing trading services to or on behalf of an expropriating authority, in relation to the expropriating authority's acquisition of real estate it is authorized to expropriate, is exempt from the requirement to be licensed under Part 2 of the Act in respect of those services if all the following apply:

If you believe a licensee or brokerage may have acted improperly by violating the Real Estate Trading Act, its Regulations or the Commission Bylaw during the course of a trade in real estate you may contact us to file a written complaReal Estate Trading Act, its Regulations or the Commission Bylaw during the course of a trade in real estate you may contact us to file a written compEstate Trading Act, its Regulations or the Commission Bylaw during the course of a trade in real estate you may contact us to file a written complareal estate you may contact us to file a written compestate you may contact us to file a written complaint.

(3) If trading services are provided by a licensee who has been designated to provide those services as a designated agent to or on behalf of only one party to a trade in real estate, the only remuneration that must be disclosed is the remuneration paid or payable to the licensee's related brokerage in relation to the services provided by that licensee to or on behalf of that party, and the disclosure must be made in accordance with subsection (2).

(3) If a client instructs a licensee to withhold a disclosure required by subsection (2), the licensee must refuse to provide further trading services to or on behalf of that client in respect of the trade in real estate.

«If I was a purchaser, I definitely wouldn't go in (offering) less than the asking price,» says Summer Greene, a Florida real estate manager and the 2012 president of the Florida REALTORS ® trade group.

Section 5 - 13 of the Council Rules also provides that if the client instructs the licensee not to disclose the material latent defect, the licensee must refuse to provide further trading services to the client in respect of the trade in real estate.

(a) act in the best interests of the client; (b) act in accordance with the lawful instructions of the client; (c) act only within the scope of the authority given by the client; (d) advise the client to seek independent professional advice on matters outside of the expertise of the licensee; (e) maintain the confidentiality of information respecting the client; (f) without limiting the requirements of Division 2 [Disclosures] of Part 5 [Relationships with Principals and Parties], disclose to the client all known material information respecting the real estate services, and the real estate and the trade in real estate to which the services relate; (g) communicate all offers to the client in a timely, objective and unbiased manner; (h) use reasonable efforts to discover relevant facts respecting any real estate that the client is considering acquiring; (i) take reasonable steps to avoid any conflict of interest; (j) without limiting the requirements of Division 2 [Disclosures] of Part 5 [Relationships with Principals and Parties], if a conflict of interest does exist, promptly and fully disclose the conflict to the client.

Section 5 - 13 of the Rules also provides that if the client instructs the licensee not to disclose the material latent defect, the licensee must refuse to provide further trading services to the client in respect of the trade in real estate.

«But the Seller Didn't Want to...» The Council Rules are very clear: If a client instructs the licensee not to disclose a material latent defect, that licensee must refuse to provide further trading services to the client in respect of the trade in real estate (see Section 5 - 13 of the Council Rules).

When offering real estate for sale or rent, if an offer is received and you haven't yet made the disclosure, provide the completed Disclosure of Interest in Trade form to the prospective buyer or tenant and give them an opportunity to decide whether they'd like to withdraw their offer.

There is no question that literally every person at one time or another will come across ICIWorld either on the Internet, at a conference, seminar, trade show, etc. if they deal in some aspect of commercial real estate in the world.

If the «standard form» Contract of Purchase and Sale is used for a trade related to a development unit that is subject to the provisions of the Real Estate Development Marketing Act, the phrase in the deposit clause shown in scenarios 1 and 2 above that states the deposit will be ``... held in trust in accordance with the provisions of the Real Estate Services Act» essentially means the deposit must be held in accordance with the Real Estate Development Marketing Act.