Clearly each State has their own set of rules - if you have an idea of where you might be moving, you can always contact each of those state's
Real Estate licensing authority and ask.
REALTORS ® shall only be obligated to discover and disclose adverse factors reasonably apparent to someone with expertise in those areas required by
their real estate licensing authority.
If the real estate professional (or their broker) you are dealing with is not a REALTOR ®, your only recourse may be the state
real estate licensing authority or the courts.
In the event the respondent named in any complaint alleging a violation of the Code of Ethics is involved in civil litigation or in any proceeding before the state
real estate licensing authority or any other state or federal regulatory or administrative agency in a matter arising out of the same facts and circumstances giving rise to the complaint alleging unethical conduct, the complaint may, at the discretion of the Grievance Committee, or on appeal, at the discretion of the Board of Directors, proceed to a hearing before a Hearing Panel of the Board's Professional Standards Committee.
«More than 50 percent of complaints nationwide that are filed with state
real estate licensing authorities are about issues that are not governed by the REALTOR ® Code of Ethics,» explains ORRA Standards Task Force 2014 Chairman Jeff Fagan, Watson Realty Corp. «We wanted to create a program that both educates ORRA members over and above compliance with the COE, and serves as a source of recognition for those who complete the program.»
The ARELLO ® Disciplinary Action Database is designed to assist
real estate licensing authorities in their processes for evaluating the honesty, trustworthiness, and competency of license applicants by providing them a mechanism to help determine whether an applicant for licensure has had disciplinary action imposed by a real estate license authority in another jurisdiction.
Landlord - Tenant laws for all 50 states, including links to
real estate licensing authorities, fair housing agencies and other helpful resources
So then,
the real estate licensing authorities have had it half - wrong from the get - go.
Not exact matches
Nick Confessore reports that John Sampson, the State Senate leader, performed legal work for Edul Ahmad, a Queens
real estate broker who was being investigated by state
authorities on allegations of fraud and predatory lending, and was disciplined for acting as a notary for the broker after his notary
license had expired, according to state documents.
Broker of record: The person registered with his or her state
licensing authority as the managing broker of a specific
real estate sales office.
In addition, Crosby is a past director of
real estate for the State of Illinois»
licensing authority, a position in which she oversaw nearly 80,000
real estate licensees.
Many of the countries in South America lack
real estate licensing laws, but the Cooperating Associations in these countries are lobbying their governing
authorities to institute changes.
But even with high tech advances and
licensing authorities tying our hands behind our backs,
real estate is still a «peoples» business».
The court did not raise a more basic point, namely that under the
real estate licensing laws of every state, a
real estate salesperson has no
authority to act independently of his broker.
Salesperson failed to establish that she was a
licensed real estate salesperson associated with a
licensed broker; salesperson's only recourse for compensation from the broker upon the theory that branch office «managing» salesperson had actual or apparent
authority fails where no actual
authority existed and there could be no reasonable reliance upon apparent
authority; 19 NYCRR 175.20 designed to protect public, not
real estate salespersons.
(**) No record of official sanctions involving unprofessional conduct is intended to mean that the Board / Association may consider judgments within the past three (3) years of violations of (1) civil rights laws; (2)
real estate license laws; (3) or other laws prohibiting unprofessional conduct against the applicant rendered by the courts or other lawful
authorities.
The Texas
Real Estate Commission, TREC, is the
licensing authority in Texas.
(2) A person who is providing trading services to or on behalf of an expropriating
authority, in relation to the expropriating
authority's acquisition of
real estate it is authorized to expropriate, is exempt from the requirement to be
licensed under Part 2 of the Act in respect of those services if all the following apply:
Major milestones include the passage of the International Persons Land Holding Act - 1993, which facilitated the holding of land by non-Bahamians and companies; The
Real Estate Brokers and Salespersons Act - 1995, giving BREA the
authority to
license and register all brokers and salespersons in the Bahamas and products for a disciplinary committee; Bi-lateral agreements with the US Association of Realtors and the Realtor Association of Greater Miami and the Beaches and the long awaited achievement of the Multiple Listing Service in 1998.
The Council has
authority under the
Real Estate Services Act, Regulation, Rules and Bylaws to investigate the conduct and competence of licensed real estate profession
Real Estate Services Act, Regulation, Rules and Bylaws to investigate the conduct and competence of licensed real estate professi
Estate Services Act, Regulation, Rules and Bylaws to investigate the conduct and competence of
licensed real estate profession
real estate professi
estate professionals.
Check with your state's
real estate regulatory
authority to verify the agent's
licensing.
79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents»
licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were
licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on
license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of
real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar /
real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their
authority; corporate and individual brokers»
licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained
This long history of service no doubt assisted the government in making decisions with respect to the level of
authority that the Council was to be given under the
Real Estate Services Act, including the shift to self - regulation, rulemaking ability, and the introduction of
licensing for strata managers.
The court looked to the relevant Connecticut
licensing statutes and determined that according to Connecticut law, «competent
real estate brokers who are duly
licensed and currently practicing in other states with
licensing requirements and reciprocity provisions similar to Connecticut's will be given preferential treatment in obtaining their Connecticut
licenses... an out - of - state broker may not simply come into Connecticut and do business as a
real estate broker under the putative
authority of his valid out - of - state broker's
license.»
The Foundation is independent of organized
real estate, government and
licensing authorities.