2 - 11 In order to be licensed, an applicant for a new licence as a brokerage must satisfy the council that the applicant is in
sound financial circumstances.
If you are applying for licensing as a managing broker, the Council will perform a credit check with the appropriate credit bureau to ascertain that you are in «
sound financial circumstances.»
Section 10 [qualifications for obtaining licence] of the Real Estate Services Act requires that an applicant for a licence be of «good reputation» which includes, among other things, whether an applicant is in «
sound financial circumstances».
(j) information to enable the council to ascertain whether the sole proprietorship is in
sound financial circumstances, including
(g) information to enable the council to ascertain whether the corporation or partnership is in
sound financial circumstances, including
Section 4 - 5 (2)[materials that must accompany applications for new brokerage licences] of the Council Bylaws requires that a financial statement accompany each application for a brokerage's licence and section 2 - 11 [financial qualifications for brokerages] stipulates that brokerage applicants must be in
sound financial circumstances.
As a result, the Council performs a credit check with the appropriate credit bureau to ascertain whether an applicant is in «
sound financial circumstances».
Not exact matches
Even when the
financial markets are growing at a healthy rate, under financially
sound circumstances, investors always find reasons to worry.
With lenders offering increasingly complex mortgages, it's helpful to have a basic understanding of what «amortization» means and how mortgages can reamortize depending on their terms or your
circumstances, in order to make
sound financial decisions.
Be sure to run this by your tax adviser to ensure it's a
sound strategy for your particular
financial circumstances.
If trading
sounds more suited to your
financial goals and
circumstances, how do you begin?
A qualified and experienced
financial advisor / planner can be of great help in developing a
sound retirement plan for the individual, keeping in mind his / her unique
circumstances so that he / she can have the maximum possible funds available during retirement years.
I have helped hundreds of clients reach
sound and peaceful agreements in a wide range of
circumstances, including affluent clients dealing with the division of significant assets and business interests, as well as couples under
financial stress.