Sentences with phrase «services on behalf of the brokerage»

However, a licensee must remember that he or she may only provide real estate services on behalf of the brokerage with which they are engaged.

Only managing brokers, associate brokers, or representatives who are engaged by and licensed to the brokerage may provide real estate services on behalf of the brokerage.

(3) The fact that a controlling individual is engaged by a personal real estate corporation to provide real estate services on behalf of a brokerage does not affect

10.6 (1) Despite section 7 (1)(b), (3) and (5) of the Act, a controlling individual may be engaged by a personal real estate corporation to provide real estate services on behalf of a brokerage, and may receive remuneration in relation to those real estate services from the personal real estate corporation, if all the following requirements are met:

Although an individual strata manager is usually assigned to provide services to the strata corporation, the strata manager is providing the services on behalf of the brokerage.

RESA also provides that a representative may only provide real estate services on behalf of the brokerage to which the representative is licensed.

In addition to a managing broker or an associate broker, a representative provides real estate services on behalf of a brokerage.

Revisit and amend any agreements with third parties to ensure that only licensees are providing real estate services on behalf of the brokerage.

Not exact matches

The products and services described above are provided solely on behalf of Fidelity Brokerage Serviservices described above are provided solely on behalf of Fidelity Brokerage ServicesServices LLC.

The products and services described are provided solely on behalf of Fidelity Brokerage Serviservices described are provided solely on behalf of Fidelity Brokerage ServicesServices LLC.

Through brokerage account, on the other hand, you have to hire the services of professionals to do the buying and selling of shares on your behalf.

Brokers or dealers executing a portfolio transaction on behalf of the Funds may receive a commission in excess of the amount of commission another broker or dealer would have charged for executing the transaction if the Adviser determines in good faith that such commission is reasonable in relation to the value of brokerage and research services provided to the Funds.

In Ontario, only mortgage brokers and agents licensed with the Financial Services Commission of Ontario (FSCO) can engage in syndicated mortgage transactions on behalf of a brokerage, and only licensed mortgage brokers (not agents) can sign the required investor / lender disclosure statement forms.

Successful representation of US - based and international clients in federal and state courts in a wide range of matters, including claims of breach of licensing, distribution, franchise, agency, brokerage, long - term supply and manufacturing services agreements; cross-border disputes, and trademark infringement actions on behalf of a fashion house.

However I have seen advertising where a brokerage that does provide a «mere listing» service takes it upon themselves to speak on behalf of competitor brokers, in terms of the willingness of competitor brokerages to generally be interested in an expired «mere posting» type listing.

Since the broker wasn't acting on behalf of a third party, the court ruled that he wasn't offering brokerage services and therefore wasn't entitled to any compensation.

Additionally, all money received which represents remuneration for real estate services, including money received from or on behalf of another brokerage, and whether or not the remuneration has already been earned, must be paid into the brokerage trust account.

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.

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.

Managing brokers should, therefore, be actively involved in the drafting of the description of services to be used in the contracts and in reviewing the contracts signed on behalf of the brokerage.

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.

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.

Current and former client files, and any confidential information of those clients, are accessible only to the licensees who currently represent, or in the past represented, those particular clients, and those support personnel in the brokerage who are involved in providing services to or on behalf of those clients.

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

These rental property management services, like all real estate services, must be provided in the name of and on behalf of a licensed brokerage.

The individual can not act as an independent contractor providing services to or on behalf of the brokerage.

The brokerage / team contract must state the team name, that the team members agree to work together on the team as one designated agent and identify which team members can sign a real estate service agreement (i.e. SDBA) on behalf of all other members on the team.

(a) must not provide real estate services other than on behalf of the brokerage in relation to which they are licensed, and

(a) brokerage, being a licensee on behalf of which other licensees must provide real estate services;

2.18 (1) Subject to subsection (2), an individual who is employed as a caretaker or manager by a strata corporation, or by a brokerage that provides strata management services to or on behalf of a strata corporation, is exempt from the requirement to be licensed under Part 2 of the Act in respect of collecting strata fees, contributions, levies or other amounts levied by, or due to, the strata corporation under the Strata Property Act.

present and sign (outside of witnessing) any documents relating to a real estate transaction including service agreements and brokerage agreements on behalf of the brokerage;

In this case, there was no written service agreement outlining remuneration or even confirming the brokerage was working on behalf of the buyer.

Joseph P. Day Realty Corp. v. Chera (308 A.D. 2d 148)- broker's complaint for commissions reinstated where questions of fact exist as to whether broker was the procuring cause of a commercial tenant and if there was an implied contract which arose from landlord's acceptance of the benefits of broker's services; broker must plead and prove a contract of employment, express or implied, and in the absence of an express contract, an implied contract may be established in some cases by the mere acceptance of the labors of the broker; broker failed to establish that it was a third party beneficiary of lease agreement between landlord and tenant where provisions in lease merely provided for indemnification between the parties and did not expressly set forth that one party would be obligated to pay the broker's commission; indemnification provisions in the lease agreement do provide evidence of implied contract of employment with landlord where landlord agreed to indemnify tenant against brokerage commission claims from all brokers including plaintiff and where, to the contrary, tenant's reciprocal indemnification excluded plaintiff; triable issues of fact exist as to whether broker was the procuring cause where broker introduced the parties, showed the space to tenant's representatives, was involved in weekly negotiations with the parties over the lease terms, conveyed offers on behalf of tenant to landlord and participated in the meeting with the landlord and tenant at which the lease terms were finalized

Our services on behalf of this client include portfolio management and strategy, transaction management / brokerage, lease administration and miscellaneous support services.

8 - 7.1 (1) A brokerage must maintain separate books, accounts and other records with respect to each strata corporation to or on behalf of whom the brokerage provides strata management services.

You service clients on behalf of your brokerage.

(2) By agreement between the brokerage and the client, the brokerage may designate one or more licensees to provide real estate services to or on behalf of a client as a designated agent, and in such a case, the duties referred to in section 3 - 3

(3) If trading services are provided by a licensee who has been designated to provide those services as a designated agent to or on behalf of only one party to a trade in real estate, the only remuneration that must be disclosed is the remuneration paid or payable to the licensee's related brokerage in relation to the services provided by that licensee to or on behalf of that party, and the disclosure must be made in accordance with subsection (2).

(10) Despite subsection (9), the brokerage may retain sufficient funds to pay outstanding and anticipated invoices related to expenses incurred on behalf of the strata corporation before the termination of the service agreement.

6 - 2 A brokerage must not provide real estate services to or on behalf of any person who is not a principal in relation to the real estate services unless the person is

(a) keep the managing broker informed of the real estate services being provided, and other activities being performed, by the associate broker or representative on behalf of the brokerage, and

3 - 3 Subject to sections 3 - 3.1 and 3 - 3.2, if a client engages a brokerage to provide real estate services to or on behalf of the client, the brokerage and its related licensees must do all of the following:

Another type of sole agency, «designated agency», occurs when the brokerage and the client agree that the brokerage will designate one or more licensees engaged by that brokerage to provide real estate services as sole agent to or on behalf of the client.

You can not provide any real estate services unless you are engaged by a brokerage, and any business that you conduct must be done in the name of and on behalf of the brokerage with which you are engaged.

168 DOS 98 Matter of DOS v. Briggs — due process; failure to appear at hearing; proper business practices; ex partehearing may proceed upon proof of proper service; licensee changed location of principal place of business without notice to DOS and operated a real estate brokerage business under an unlicensed name; real estate services rendered on behalf of an unlicensed entity are illegal; $ 500.00 fine, failure to timely pay fine will result in suspension

In conjunction with the above, the Rules require that: (1) a brokerage providing strata management services must establish in its service agreement the brokerage's scope of authority to sign cheques and make disbursements on behalf of its strata corporation clients [section 5 - 1 (5.1)(c)(i)-RSB-; and (2) the service agreement include a brokerage's authority to transfer amounts between brokerage trust accounts maintained for the strata corporation under section 7 - 9 (2) of the Rules [section 5 - 1 (5.1)(b)(i)-RSB-; Therefore, the Real Estate Council, when investigating complaints or conducting an audit regarding a brokerage, will look at service agreements to determine a brokerage's scope of authority relative to withdrawal of funds from trust accounts.

You may only provide services defined as real estate services in the name of and on behalf of the brokerage with which you are licensed and you may only receive related remuneration that is first paid into the trust of your brokerage — never directly.

Mr. Klatik did not keep his managing broker informed of the real estate services he provided and the activities being performed on behalf of the brokerage, which contravened section 3 - 2 (2)(a) of the Council Rules.

Section 7 of RESA establishes that individuals licensed to provide real estate services must provide those services in the name of, and on behalf of, their related brokerage.

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