Sentences with phrase «real estate licensees understand»

Not exact matches

«As the regulatory body responsible for administering the Real Estate Services Act, we will be working on many fronts to make sure the requirements are well understood, that licensees comply with their new obligations, and that comprehensive monitoring and enforcement programs are put into place.»

This is particularly important for assistants with no real estate experience, but it can be very useful even for experienced licensees to understand your methods of working and the level of customer service you expect.

There was no evidence that licensees knew or should have known that elderly client did not understand the real estate transaction.

It's important to understand, because failing to disclose a stigma or disclosing it improperly is a frequent claim in lawsuits against real estate licensees.

It could be legally problematic for a Canadian regulator to compel a licensee to adhere to a professional code of ethics owned and promoted by a trade association, but I understand the sentiments and frustrations of real estate professionals.

A Florida federal court has considered whether a real estate licensee has a duty to understand the property's zoning before offering a prospective buyer price comparisons.

Real Property Taxation: Real estate licensees must have a basic understanding of this concept, yet it completely escapes the average politician charged with administering that tax, using the funds from that tax or even being able to account for that tax if grilled under sworn public testimony.

As a real estate licensee, Fred should ensure his clients understand which of his services are regulated under RESA, which are subject to the Business Practices and Consumer Protection Act, and that any funds he collects on behalf of the clients will be held by his brokerage in segregated accounts.

I also understand and agree that if accepted for membership, I will pay all dues and fees as are from time to time established, and that the total amount of dues for which I will be personally and individually liable and responsible, as Designated REALTOR ® of the firm or office named herein, shall be in such amount as established annually by the Board of Directors for myself, plus an amount times the number of real estate licensees or certified appraisers employed by or otherwise affiliated with my firm or office who are not themselves REALTOR ® members of the Association.

As a licensee and an agent of limited authority, a real estate licensee should have explicit authorization for handling deposits and a clear understanding of the purpose thereof.

This course provides real estate licensees with a foundational understanding of the special legal relationship that governs conduct between licensees, clients and customers.

The Real Estate Council of BC is working to ensure that licensees and real estate consumers are aware of the rules from the Superintendent, understand their impacts on business practices, and know how to comply with the new requiremeReal Estate Council of BC is working to ensure that licensees and real estate consumers are aware of the rules from the Superintendent, understand their impacts on business practices, and know how to comply with the new requireEstate Council of BC is working to ensure that licensees and real estate consumers are aware of the rules from the Superintendent, understand their impacts on business practices, and know how to comply with the new requiremereal estate consumers are aware of the rules from the Superintendent, understand their impacts on business practices, and know how to comply with the new requireestate consumers are aware of the rules from the Superintendent, understand their impacts on business practices, and know how to comply with the new requirements.

Seller understands that a licensed real estate broker or salesperson («licensee») working with a buyer may represent that buyer, and may be required to disclose to the buyer any information given to him by Seller.

The additional time before the rules become effective will mean that real estate licensees and consumers will have more opportunities to learn about the changes, and to understand how current real estate industry practices will be affected.

In providing trading services, whether those services are related to commercial or residential real estate, it is important for the brokerage and licensee and the party to whom the services are being provided, whether that is the seller / landlord, or the buyer / tenant, or both, to understand the nature of the relationship between them because the duties and obligations of the brokerage and the licensee are determined by that relationship.

Think Before You Act: Understand the Risks of Project Marketing As a real estate licensee, you know how to market and sell real estate.

In the spring of 2013 and again in 2014, the Council offered training seminars throughout the province to assist licensees in understanding the requirements of the Real Estate Services Act and the Council Rules when managing strata corporations with sections.

The scenarios explored in the PSM are intended to assist licensees to understand where there is or isn't a conflict of interest, to assess their current or future actions when providing strata management services, and to take appropriate steps to ensure they are in compliance with the Real Estate Services Act.