Sentences with phrase «on behalf of the brokerage when»

Pennsylvania court determines that it lacks jurisdiction over a California brokerage because there was no evidence demonstrating that the firm's salesperson was acting on behalf of the brokerage when he flipped a commercial property in Pennsylvania.

Not exact matches

They are told verbally at first meeting and confirmed in writing, in my prospectus, that should we decide to work together I will require one on behalf of my brokerage, the reasons why and that a signed agreement will cement our relationship when the time is right.

(c) the scope of the authority of the brokerage or a related licensee when acting on behalf of the strata corporation, including any authority to

Another type of sole agency, «designated agency», occurs when the brokerage and the client agree that the brokerage will designate one or more licensees engaged by that brokerage to provide real estate services as sole agent to or on behalf of the client.

If operating under brokerage agency, this conflict exists either when two different licensees engaged by the listing brokerage work with the seller and the buyer respectively, or when one licensee (or a team of licensees) engaged by the listing brokerage to act on behalf of the seller / landlord is the same licensee (or team of licensees) who brings the buyer / tenant to the trade, i.e. a double - ender).

In conjunction with the above, the Rules require that: (1) a brokerage providing strata management services must establish in its service agreement the brokerage's scope of authority to sign cheques and make disbursements on behalf of its strata corporation clients [section 5 - 1 (5.1)(c)(i)-RSB-; and (2) the service agreement include a brokerage's authority to transfer amounts between brokerage trust accounts maintained for the strata corporation under section 7 - 9 (2) of the Rules [section 5 - 1 (5.1)(b)(i)-RSB-; Therefore, the Real Estate Council, when investigating complaints or conducting an audit regarding a brokerage, will look at service agreements to determine a brokerage's scope of authority relative to withdrawal of funds from trust accounts.

the authorized financial scope of the brokerage or licensees when acting on behalf of the client,