Sentences with phrase «termination of the agency relationship»

It was agreed that Lonsdale was a commercial agent for the purposes of the regulations and that, in the absence of a written agreement, he was entitled to compensation upon termination of the agency relationship.

SOP 1 - 9 says the duty of confidentiality exists during and after the termination of the agency relationship.

However, even when an agency agreement and, thus, the fiduciary relationship between broker and client has been terminated, some fiduciary duties persist thereafter - thus, for example, on termination of an agency relationship, brokers can not use confidential information acquired while representing a client for their own or a third party's benefit.

The duty of confidently is forever; it survives termination of the agency relationship.

Not exact matches

Although the regulations offer no formula for calculation, regs 6 and 7 state that an agent is entitled to compensation for: - the damage he suffers as a result of termination of the relationship; and - the damage is deemed to have occurred if the termination takes place in circumstances where: - the agent is deprived of commission which would have been due had proper performance of the agency continued while providing the principal with substantial benefits linked to the agent's activities; and / or - in circumstances which prevent the agent from amortising the costs and expenses incurred in the performance of the agency on the advice of the principal.

The REALTOR ® code of Ethics and Standards of Practice explicitly acknowledge a REALTOR's ® obligation to preserve the confidentiality of personal information provided by clients in the course of any agency or non-agency relationship — both during and after the termination of these business relationships.

Part of NAR's code of Ethics and Standards of Practice is the «obligation to preserve the confidentiality of personal information provided by clients in the course of any agency or non-agency relationship — both during and after the termination of these business relationships.»

The next section is Agency and Property Management and includes an introduction to the common law of agency, formation of the agency relationship, parties to an agency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaAgency and Property Management and includes an introduction to the common law of agency, formation of the agency relationship, parties to an agency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaagency, formation of the agency relationship, parties to an agency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaagency relationship, parties to an agency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaagency agreement, creation of an agency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaagency relationship, types of authority, types of agency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaagency, responsibilities of the parties and termination, agency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligaagency in the real estate industry, the relationship between property owner and property manager, and property manager duties and obligations.

The termination of the replacement industry member's agency relationship does not relieve them of their duty of confidentiality to the seller / buyer even after their agency relationship is severed.

Licensees in the next section will go over agency, parties to an agency agreement, creating of the agency relationship, types of authority, types of agency, the responsibilities of the parties and termination, termination of agency, agency and the law and agency specifically in the real estate industry.