Sentences with phrase «provide rental property»

in most states, provide rental property that is reasonably safe from the threat of foreseeable criminal intrusions, and

If the opportunity to provide rental property management services arises, and assuming the licensee's related brokerage has the necessary systems available to provide competent rental property management services, the licensee would be well advised to discuss the opportunity with the licensee's managing broker prior to offering to render service.

contract with a brokerage licensed to provide rental property management services to manage the unit on behalf of the strata corporation.

Rental Property Management Licensing Course Designed for entry - level students who want to become licensed to provide rental property management services in British Columbia.

These exemptions are not available to personal real estate corporations, meaning for example, that if a personal real estate corporation does own rental real estate in its name, the personal real estate corporation may only provide rental property management services with respect to that real estate through the brokerage with which the personal real estate corporation is engaged.

(b) the brokerage is to provide rental property management services to an owner of rental real estate, or

Section 2.14 (1) of the Real Estate Services Regulation exempts individuals from licensing who are employed as caretakers or managers of rental real estate by a brokerage that is licensed to provide rental property management services.

Under section 9 - 1 of the Rules, licensees who provide rental property management services on their own behalf in relation to their own real estate, are exempted from RESA, the Regulations, and the Rules if the licensee:

In addition, Acme's property management services must be supervised by a managing broker who is licensed to provide rental property management services and all other persons employed by Acme as leasing or rental agents must be licensed as representatives (or associate brokers) to provide rental property management services under RESA.

This can create problems if either the individual licensee is not licensed to provide rental property management services, or the related brokerage is either not licensed to provide, or chooses not to provide, rental property management services.

All licensees, including those licensed to provide rental property management services, are subject to the disciplinary authority of the Council.

Section 2 of RESA means that an individual licensed to provide rental property management services may not provide any real estate services, except as discussed below, unless the services are provided in compliance with all the provisions of RESA, the Real Estate Services Regulation, and the Rules.

Ray, the managing broker at XYZ Property Management Ltd., a brokerage licensed to provide rental property management services, is asked to submit a proposal for the management of Berkshire Mews, a privately held cooperative.

Section 9 - 2 of the Rules allows an individual licensee to provide rental property management services on his or her own behalf in relation to their own real estate.

Collecting rents is an activity which requires a license to provide rental property management services.

The Real Estate Services Act (RESA) requires that all individuals or companies who provide rental property management services, unless specifically exempted, obtain licensing.

A caretaker is exempt from the requirements to be licensed if the caretaker is an employee of each of the owners, the owners have agreed among themselves that the caretaker may provide rental property management services, and the individual is not providing rental property management services on behalf of any other person than the owners.

When managing rental real estate outside of RESA for a family member, partnership or corporation, in addition to complying with the provisions noted above, the licensee must provide the rental property management services without remuneration.

Aside from these exemptions, a person licensed to provide only trading or strata management services must generally become licensed to provide rental property management services.

Shop Once Insurance provides Rental Property insurance to the greater Dayton - Cincinnati region in southwest Ohio.

If you are renting your home, Able Insurance provides rental property coverage and insurance for all of your personal belongings that will perfectly suit your needs.

Generally, a brokerage that provides strata management services to a strata corporation, while at the same time providing rental property management services or trading services to an owner of a strata lot in a strata corporation, is in a conflict of interest situation.

discloses in writing to the managing broker of the related brokerage that the licensee will be providing rental property management services on their own behalf in relation to their own real estate.

discloses in writing to the managing broker of the related brokerage that the licensee will be providing rental property management services on his or her own behalf in relation to his or her own real estate.

This provision can be used by a brokerage that wishes to provide strata management services to a strata corporation while at the same time providing rental property management or trading services to a strata lot owner.

Section 5 - 12 of the Rules requires that a licensee providing rental property management services and strata management services must also make disclosure of any benefits that a brokerage or licensee anticipates receiving as a consequence of making expenditures on behalf of a principal to whom the rental property management or strata management services are being provided.

In cases where a licensee is providing rental property management services to a spouse, family partner, son, daughter, parent, partnership, or corporation that includes such family members as partners or shareholders, the licensee must make written disclosure to the family member, partnership, or corporation as noted above under the heading «Application of RESA» and must provide a copy of the written disclosure to the licensee's managing broker.

disclose in writing to the managing broker of the related brokerage that the licensee will be providing rental property management services on their own behalf in relation to their own real estate or on behalf of a corporation in which they are the sole shareholder; and

The obligation to disclose remuneration from someone other than a client is also applicable to brokerages and licensees providing rental property management or strata management services.

This section refers to benefits received in relation to providing rental property management or strata management services where these benefits are received as a result of an expenditure made by or on behalf of a principal.

If the licensee is managing rental real estate owned by a corporation, and the licensee is the only shareholder of the corporation, the licensee must provide written notice to the licensee's managing broker that the licensee will be providing rental property management services to or on behalf of that corporation.

(ii) in the case of services provided to or on behalf of a corporation of which the only share - holder is the licensee, written disclosure that the licensee will be providing rental property management services to or on behalf of that corporation.

If the cooperative has a headlease and grants subleases under that headlease to its shareholders, then XYZ will be providing rental property management services.

(1) This section applies to a managing broker, associate broker or representative who provides rental property management services on their own behalf in relation to their own real estate.

If a licensee is the sole shareholder of a corporation that owns rental real estate and the licensee provides rental property management services to the corporation, the licensee must also provide written disclosure to the licensee's managing broker that the licensee will be providing rental property management services to or on behalf of the corporation.

(1) This section applies to a managing broker, associate broker or representative who provides rental property management services that

The written service agreement must be entered into before the brokerage offers the property for sale or lease or provides rental property or strata management services.

You completed the BC rental property management licensing course and examination and have been providing rental property management services in a Canadian jurisdiction without rental licensing requirements for no more than two (2) years since passing the examination.

Glassridge provides Rental Property Investment Loans for savvy investors looking to buy and hold real estate.

If your rental property management licence was issued before July 21, 1994, you will be required to complete the Rental Property Management supplemental course and examination to continue providing rental property management services.

(ii) in the case of services provided to or on behalf of a corporation of which the only shareholder is the licensee, written disclosure that the licensee will be providing rental property management services to or on behalf of that corporation.

Licensees who have been licensed since 1994 or earlier and who wish to continue providing rental property management services at the broker level will be required to complete the Rental Property Management Supplemental Course and Examination in addition to completing the Broker's Business Planning and Financial Management Licensing Course and Examination.

9 - 1 (1) This section applies to an individual licensed as a managing broker, associate broker or representative who provides rental property management services on their own behalf in relation to their own real estate.

(2) A brokerage that provides rental property management services must prepare and retain a record of

There is the potential for a conflict of interest to arise if a strata management company, for example, provides rental property management services on behalf of a strata lot owner who rents out a strata lot located in a strata corporation which the strata management company manages.

For example, a brokerage that provides strata management services to a strata corporation, while at the same time providing rental property management services or trading services to an owner of a strata lot in the strata corporation, may be in a conflict of interest.

The Council continues to receive complaints about licensees providing rental property or strata management services independent of their related brokerage.

Kenneth Emilien Valcourt and Mary Katherine Mariano Tecson Valcourt, doing business as K&K Homelink Network Enterprises, are ordered to cease providing rental property management services and trading services without being licensed, and to cease advertising these services.

Any individual who provides rental property management services to a strata corporation client on behalf of a brokerage must also either be licensed to provide rental property management services or be an unlicensed employee of a brokerage that is licensed to provide rental property management services, where the employee is acting under the «Exemption for caretakers employed by brokerages» in section 2.14 of the Regulation.

This new legislation affects both landlords and strata corporations, and licensees providing rental property management and strata management services should be aware of these changes to ensure that they are able to advise clients correctly, and manage the property correctly.