Sentences with phrase «other real estate licensees»

The Code separates REALTORS ® from other real estate licensees.
It's what separates the country's 1.3 million REALTORS ® from other real estate licensees.
The trademarks, along with the Code of Ethics and Standards of Practice, set members apart from other real estate licensees.

Not exact matches

(b) a defect that would involve great expense to remedy; (c) a circumstance that affects the real estate in respect of which a local government or other local authority has given a notice to the client or the licensee, indicating that the circumstance must or should be remedied; (d) a lack of appropriate municipal building and other permits respecting the real estate.
Coming, as I do from the land where licensees can have no other God before them but real estate, my lip began to curl.
Licensee or a member of the licensee's immediate family has a financial interest in the transaction other than the licensee's receipt of compensation for the real estate sLicensee or a member of the licensee's immediate family has a financial interest in the transaction other than the licensee's receipt of compensation for the real estate slicensee's immediate family has a financial interest in the transaction other than the licensee's receipt of compensation for the real estate slicensee's receipt of compensation for the real estate services.
Effective January 1, 2006, the B. C. Real Estate Council's Rules 5 - 11 and 5 - 12 require licensees to disclose to their clients the source and amount of remuneration paid by somebody else other than the client for whom the Realtor is working.
Even without legal fiduciary obligations, it is unrealistic to think that a real estate licensee can adequately represent himself and the other party to a transaction because of the inherent conflicts of interest.
So last month we asked you, «Do you believe that real estate and other licensees should be penalized with revocation of professional, driver's, and sport licenses as punishment for delinquent child - support cases?»
The court next addressed Dow's argument that the state's real estate commission had issued a policy statement explicitly allowing real estate licensees to pay referral fees to licensees in other jurisdictions.
Like many other states, Nebraska has adopted a statute which governs the relationships between real estate licensees and consumers.
Q: A REALTOR ® in my community actively recruits real estate licensees from other offices by e-mailing sales associates insulting comments about their broker - owners.
What if my state has a «do not call» rule that provides an exemption for real estate licensees or other real estate activity exemption?
Represent themselves as being a licensee or as being engaged in the business of buying, selling, exchanging, renting, leasing, managing, auctioning, or dealing with options on any real estate or the improvement thereon for others.
In other states, regulators have rejected a non-agency approach to representation, contending that it is inconsistent with the fiduciary relationship of licensee to client upon which the real estate brokerage industry is based.
Real estate brokers may create a corporation, LLC, LLP, or other entity for the purpose of receiving compensation, but no licensee may conduct professional real estate activity under that organizatiReal estate brokers may create a corporation, LLC, LLP, or other entity for the purpose of receiving compensation, but no licensee may conduct professional real estate activity under that organizatireal estate activity under that organization.8
There are other associations that can do more for their careers and marketing contacts... experienced licensees... lament that board membership does: little to advance their careers, little to provide access to the research that will keep them savvy about emerging needs of their clients, (does) not support higher standards for new entrants to the industry given the increased complexity of property issues, (does) the dance of ambivalence about authentic professionalism as a goal for a real estate brokerage career path, and has only a motherhood position on the importance of real estate brokerage as a service that helps shape better communities by informed approaches to land and property issues.»
We asked you, «Do you believe that real estate and other licensees should be penalized with revocation of professional, driver's, and sport licenses as punishment for delinquent child - support cases?»
Where a licensee receives remuneration, such as a referral fee, as a result of making a recommendation to a client, or recommending a client to a party, the disclosure must be in writing, but, it may NOT be in a written service agreement or any other agreement giving effect to a trade in real estate.
In fact, nearly two - thirds of every licence fee we collect is on behalf of other organizations that play important roles in protecting BC's real estate consumers and real estate licensees.
Section 2 of RESA stipulates that, once an individual is licensed under RESA, RESA, the Real Estate Services Regulation, and the Rules apply to all real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be exeReal Estate Services Regulation, and the Rules apply to all real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be eEstate Services Regulation, and the Rules apply to all real estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be exereal estate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be eestate services that the licensee may provide, even if the real estate services are provided on the licensee's own behalf, are provided for free, or would other wise be exereal estate services are provided on the licensee's own behalf, are provided for free, or would other wise be eestate services are provided on the licensee's own behalf, are provided for free, or would other wise be exempt.
This conflict may not exist under designated agency if the other party is able to obtain independent representation through their own designated agent, and if the client's confidential information has not been and will not be shared with the licensee who is acquiring, or disposing of the real estate or a licensee who is representing that licensee.
The law requires real estate licensees to perform the following basic duties when dealing with any real estate buyer or seller as customers: present all offers in a timely manner, account for money or other property received on your behalf, provide an explanation of the scope of services to be provided, be fair and honest and provide accurate information, provide limited confidentiality, and disclose «material adverse facts» about the property or the transaction which are within the licensee's knowledge.
This comprehensive course starts with Fair Housing, including the history of Fair Housing, the history of housing practices, the role of state and federal laws in curbing unfair practices, protected classes, risk management in Fair Housing, New York Fair Housing, the impact of Fair Housing on the real estate professional, as well as the reaction of licensees to Fair Housing, an overview of the Fair Housing Act, other Civil Rights laws that impact Fair Housing, Fair Housing - related Presidential Executive Orders, Affirmatively Furthering Fair Housing (AFFH), criminal history and records used in Fair Housing, and emerging and existing Fair Housing issues.
In other words, when you choose to work with any real estate licensee, your business relationship is legally with the brokerage firm and not with the associated licensee.
For licensees providing trading services, if they are acting either as a buyer's agent or as a limited dual agent, they will likely be receiving remuneration from someone other than their buyer client as a result of providing the real estate services.
The licensing and other requirements of RESA must be met by «every licensee who provides real estate services» (Section 2 (2) of RESA).
In all other situations, a licensee must either satisfy an exemption or comply with RESA, the Regulations, and the Rules if the licensee provides real estate services.
Since licensing is required of those providing real estate services «to or on behalf of another, for or in expectation of remuneration», licensing and the other requirements of RESA do not apply to strata council members who are not licensees and who volunteer their time.
(a) brokerage, being a licensee on behalf of which other licensees must provide real estate services;
Misleading or untruthful advertising, including the use of the term «Realtor» ™ by a person not authorized to do so, or using any other trade name or insignia or membership in any real estate association or organization, of which the licensee is not a member;
Where advertising is generated by a database, for example the way that a board's MLS ® generates advertising like feature sheets and other forms of online listing information, and that database can not accommodate the entire licensee name of a personal real estate corporation, the MLS ® will generate «Robbie Vendre PREC *» and a footnote will appear at the bottom of the information that reads «* PREC represents personal real estate corporation».
124 Despite any other Act, a municipality must not impose on a licensee any licence fee or tax for carrying on the licensee's real estate business unless the licensee occupies or uses premises in the municipality for carrying on the licensee's real estate business.
In the event of the death of a licensed broker, who is the sole proprietor of a real estate business, the board shall, upon application by his legal representative, issue, without examination, a temporary license to such legal representative, or to an individual designated by him and approved by the board, upon the filing of a bond as aforesaid and the payment of the prescribed fee, which shall authorize such temporary licensee to continue to transact said business for a period not to exceed one year from the date of death subject to all other provisions of sections eighty - seven PP to eighty - seven DDD applicable to a licensed broker except that such temporary license shall not be renewed.
(3) Money received by the real estate council on account of a discipline penalty under section 43 (2)(i) or, subject to the regulations, an additional penalty under section 43 (2)(j) may be expended by the real estate council only for the purpose of educating the public, and licensees and other participants in the real estate industry in British Columbia, about
A display kiosk does not require licensing as a branch office provided it is only a display and not staffed by real estate licensees or others.
This course will clarify the consumer protection role of real estate licensees, pre-transaction, to help facilitate documents and other information gathering in Family Matters.
Realestate Agents in Need ℠, Corporation, (RAIN), is a non-profit organization that provides financial assistance to active and full - time working real estate licensee, that hold an active membership in the National Association of REALTORS ® for the past two consecutive years and have suffered a catastrophic illness, death of immediate family or other loss and have exhausted all other sources of aid.
(b) persons from, for or on whose behalf the licensee has received money or other property in respect of real estate services, or
- misappropriates or wrongfully converts money or other property entrusted to or received by the licensee in relation to the provision of real estate services
inducement representation means a representation or promise made by a licensee to a party to a trade in real estate, as an inducement for the party to acquire or dispose of real estate, that the licensee or any other person will
As a designated agent, the broker of the selected real estate company designates certain licensees within the company to act exclusively as the seller / landlord agent and other licensees within the company to act exclusively as the buyer / tenant agent in the transaction.
I mention that because I have worked with many other REALTORS ® and real estate licensees in these various...
A real estate licensee's ability to communicate verbally and in writing with consumers and other licensees is critical for the delivery of competent services.
(2) A licensee who is providing trading services to a client who is disposing of real estate must disclose to all other parties to the trade, promptly but in any case before any agreement for the acquisition or disposition of the real estate is entered into, any material latent defect in the real estate that is known to the licensee.
There has been some reluctance to formally add sexual orientation and gender identify to the listing of protected classes under Virginia's Fair Housing Laws due to the possibility of creating liability for real estate licensees and other housing providers.
4 - 8 A licensee must not publish real estate advertising indicating that specific real estate is being offered for sale or other disposition unless the owner of the real estate, or an authorized agent of the owner, has consented to the advertising.
(c) a circumstance that affects the real estate in respect of which a local government or other local authority has given a notice to the client or the licensee, indicating that the circumstance must or should be remedied;
(iv) in respect of money held or received on account of remuneration for real estate services — a separate trust ledger for each licensee or other intended recipient showing all amounts received and disbursed in relation to the recipient and any unexpended balance in relation to the recipient;
Prerequisite: At least five years as a full time real estate licensee (MI or other state) and as a REALTOR ® of a board or Association of REALTORS ® (the most recent two years must be as a member of this Association) or the equivalent as recognized by the Chair.
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