If Mr. Smith wishes to continue doing business using
his registered licensee name, he should choose c) Bob Smith Personal Real Estate Corporation as the personal real estate corporation name.
Not exact matches
You can check their
names on ASIC Connect's Professional
Registers to make sure they hold an AFS licence or are authorised to provide services on behalf of a
licensee.
b. the
name of the firm with which the
licensee is affiliated as that firm
name is
registered with (
name of real estate regulatory body, commission, board etc.) or the d / b / a (doing business as)
name it has
registered with the appropriate state / province agency, commonly recognized abbreviations are permitted;
c. the
name of the firm with which the
licensee is affiliated as that firm
name is
registered with (
name of real estate regulatory body, commission, board etc.) or the d / b / a (doing business as)
name it has
registered with the appropriate state / province agency, commonly recognized abbreviations are permitted; and
For a brokerage, its
licensee name is either the legal
name of the brokerage, or the trade
name of the brokerage if that trade
name has been approved by the Council and been
registered with the Registrar of Companies.
The
licensee is contributing half of the funds to purchase the property and has a one half interest in the property although his
name is not being
registered on title.
If the Council approves a team
name for a group of related
licensees, real estate advertising may also identify the group by its team
name (section 4 - 6 of the Rules); e.g. «The AV Team,» where «The AV Team» is neither the licensed brokerage nor a
registered trade
name.
Another example would be where Jie Wu uses the
name Jeffrey Wu for advertising purposes and has
registered this as his
licensee name with Council.
The
licensee name of the brokerage /
licensee / personal real estate corporation / team must be reflected as
registered by the Council.
Another example is if Jie Wu uses the
name Jeffrey Wu for advertising purposes and has
registered this as his
licensee name with Council.
Bob Smith Personal Real Estate Corporation (
licensee name of the controlling individual
registered with the Council + «personal real estate corporation»).
One of the claims made against both
licensees was that the Buyer's Representative and the Seller's representative had failed to
register their business
names with the Secretary of State and thus violated the state's consumer fraud statute.