Sentences with phrase «provision of real estate services»

principal includes, in relation to the prospective provision of real estate services, a potential principal.

«The Bureau remains focused on ensuring that consumers benefit from innovation and competition in the provision of real estate services,» said John Pecman, commissioner of competition, in a June 3 news release.

But beyond that, the right kind of agent training is essential for those brokerages that are part of a new breed, those dedicated to refurbishing and advancing the provision of real estate services to new levels.

Compensable losses must arise from the provision of real estate services as defined in the Real Estate Services Act.

(c) would other wise be exempted by this Act or the regulations from the requirement to be licensed in relation to the provision of those real estate services.

If there is a real estate component and a licence is required in these circumstances, the licensee must comply with the provisions of the Real Estate Services Act.

The Bureau remains focused on ensuring that consumers benefit from innovation and competition in the provision of real estate services.»

The managing broker ensures that associate brokers and representatives are aware of and comply with the Rules, including the application of RESA to the provision of all real estate services by a licensee, and the requirements for disclosure, including the need to provide certain disclosures in writing.

All licensed team members need to be aware that as individual licensees they have an obligation to comply with all of the provisions of the Real Estate Services Act, the Real Estate Services Regulation, Bylaws and Rules.

(2) For the purposes of this section, «train or supervise» means to train or supervise in respect of real estate services or the provision of real estate services.

(vi) respecting the making of disclosures by licensees in relation to the provision of real estate services;

(b) exempted by subsection (3) or the regulations from the requirement to be licensed under this Part in relation to the provision of those real estate services.

(e) respecting the provision of real estate services to more than one party, including conditions and restrictions applicable to the provision of trading services to or on behalf of different parties to a trade in real estate;

(b) exempted by this Act or the regulations from the requirement to be licensed under this Part in relation to the provision of those real estate services.

(a) the controlling individual's liability with respect to the provision of real estate services,

(5) For the purposes of subsection (2)(f) and (g), the provisions of the Real Estate Services Act referred to in that subsection apply to a trustee as if the trustee were a brokerage.

(ii) an assurance that the personal real estate corporation will not conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services, and

(e) the personal real estate corporation does not conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services;

- misappropriates or wrongfully converts money or other property entrusted to or received by the licensee in relation to the provision of real estate services

A personal real estate corporation can not provide services whose primary purpose is not to facilitate or further the provision of real estate services.

Under section 10.6 (1)(e) of the Regulation, a personal real estate corporation may not «conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services».

(b) may be improper or negligent conduct, in relation to the provision of real estate services, on the part of

(b) written service agreements and any other records that establish the scope of authority of the brokerage respecting the provision of real estate services to a client;

8 - 3.1 After the termination of a service agreement respecting the provision of real estate services, the brokerage must continue to prepare all financial records required under this Part that relate to the services that were provided by the brokerage to the client.

hold real estate beyond that required by the personal real estate corporation for the provision of real estate services, or

(c) the licensee must not indicate the office address on any real estate advertising or on any other records relating to the provision of real estate services.

4 - 7 A licensee must not publish real estate advertising that the licensee knows, or reasonably ought to know, contains a false or misleading statement or misrepresentation concerning real estate, a trade in real estate or the provision of real estate services.

It should be noted that monetary penalties and expenses incurred by the Council in the enforcement of the provisions of the Real Estate Services Act can be recovered by the Council through this process.

including a sign or other notice relating to real estate, a trade in real estate or the provision of real estate services;

According to section 10.6 (1)(e) of the Regulation, a personal real estate corporation may not «conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services.»

Hold real estate beyond what is required by the personal real estate corporation for the provision of real estate services.

As a result, personal real estate corporations may only provide real estate services and services whose primary purpose is to facilitate or further the provision of real estate services.

Licensees can be paid by a personal real estate corporation for the provision of real estate services when the following requirements are met:

The broad definition of «remuneration» means that rewards such as referral fees, bonuses, or travel points that are paid in relation to the provision of real estate services must be paid through the brokerage to which the representative is licensed.

An «ancillary service» is a service that supports or is secondary to a main service — in this case, the provision of real estate services.

So when the BC legislature amended the Real Estate Services Regulation to allow licensees to incorporate, section 10.6 (1)(e) was included, clearly stipulating that personal real estate corporations may not «conduct any business other than the provision of real estate services and ancillary services directly associated with the provision of real estate services.»

The Council Rules define real estate advertising as «any form of identification, promotion, solicitation or representation relating to real estate, a trade in real estate, or the provision of real estate services, including a sign or other notice relating to real estate, a trade in real estate or the provision of real estate services.»

All licensees are reminded that they are expected to demonstrate competency and apply reasonable care and skill in their provision of real estate services to their clients, whether those services are trading, rental property management or strata property management services.

written service agreements and any other records that establish the scope of authority of the brokerage respecting the provision of real estate services to a client;

If, as a managing broker, you are aware of a licensee's conduct in relation to the provision of real estate services that you consider to be professional misconduct, conduct unbecoming a licensee, or which may be improper or negligent conduct, section 3 - 1 (2) of the Council Rules requires that you take reasonable steps to deal with the matter.