Sentences with phrase «to dispose of real estate»

A licensee may not, except in writing, induce any person to acquire or dispose of real estate by promising or representing that the licensee or any other person will:
We have found a synergy in helping investors acquire, lease, manage and eventually dispose of real estate and are focusing on those business lines as our primary drivers in the coming years.
Assuming she is not married (since if married the property can pass to her spouse tax free), when she passes away, she will be a deemed to have disposed of the real estate on the date of her passing at the fair market value («FMV») of the real estate on that day.
«It gives corporation's off balance sheet treatment, yet they retain significant flexibility with respect to how they occupy or dispose of the real estate asset,» McDowell says.
(f) in the case of a disposition by a licensee or associate, an indication of whether the licensee or the associate is disposing of the real estate as an owner or as a tenant of the real estate;
providing real estate services to an associate who is directly or indirectly disposing of real estate.
Section 9 - 4 of the Council Rules provides an exemption from the application of the requirements of the Real Estate Services Act for individuals licensed to provide strata management services or rental property management services when acquiring or disposing of real estate for the use of the licensee or the spouse or family partner of the licensee.
As a licensee, you may only solicit names of persons who are interested in acquiring or disposing of real estate in the name of the brokerage with which you are licensed.
It also costs a lot to dispose of real estate.
Under RESA, the need for disclosure has been expanded to include disclosure when a licensee is disposing of real estate and disclosure when a licensee is assisting an associate in the acquisition or disposition of real estate.
This conflict may not exist under designated agency if the other party is able to obtain independent representation through their own designated agent, and if the client's confidential information has not been and will not be shared with the licensee who is acquiring, or disposing of the real estate or a licensee who is representing that licensee.
If a licensee acquires, directly or indirectly, or disposes of real estate, or if the licensee assists an associate in acquiring, directly or indirectly, or disposing of real estate, section 5 - 9 of the Rules requires that the licensee make a disclosure in writing to the opposite party before any agreement for the acquisition or disposition of the real estate is entered into.
A licensee who is providing trading services to another licensee in the brokerage who is acquiring or disposing of real estate, does not fall within the meaning of the definition of providing real estate services to an «associate» and therefore is not required to make the disclosure as required by section 5 - 9 of the Rules, as long as the licensee is not purchasing the property indirectly through another licensee in his office.
The need for disclosure arises whenever a licensee is disposing of real estate, regardless of whether the licensee has personally listed the property for sale.
An exemption exists for persons who provide referral services, as long as the person does not engage in any activities to solicit the names of persons who may be interested in acquiring or disposing of real estate, and the practice of making referrals is incidental to the person's main business.
(a) the person does not engage, for the purpose of making a referral, in activities to solicit the names of persons who may be interested in acquiring or disposing of real estate, and
Hampshire has over 60 years of hands - on experience in acquiring, developing, leasing, repositioning, managing, financing and disposing of real estate.
Investors should always review their capital gain taxes and depreciation recapture taxes with their tax advisor prior to selling or disposing of any real estate, business or other highly appreciated property (assets).
(c) an indication that the licensee is licensed under the Real Estate Services Act and, as applicable, that the licensee or an associate of the licensee to whom the licensee is providing trading services is acquiring or disposing of the real estate;
(2) A licensee who is providing trading services to a client who is disposing of real estate must disclose to all other parties to the trade, promptly but in any case before any agreement for the acquisition or disposition of the real estate is entered into, any material latent defect in the real estate that is known to the licensee.
(4) As an exception, disclosure to a party is not required under subsection (2) if the party has already received written disclosure of the material latent defect from the client who is disposing of the real estate.
5 - 3.1 Unless otherwise instructed by the licensee's client, a licensee who receives a signed offer to acquire or dispose of real estate must promptly communicate the offer to the relevant party to the trade in real estate.
(b) an associate of a licensee is to dispose of real estate and the licensee is providing trading services to the associate,
inducement representation means a representation or promise made by a licensee to a party to a trade in real estate, as an inducement for the party to acquire or dispose of real estate, that the licensee or any other person will
5 - 4 A licensee who has obtained a signed acceptance of an offer to acquire or dispose of real estate must promptly deliver a copy of the signed acceptance to
(2) As an example of indirect acquisition, subsection (1) applies if a licensee or associate intends to acquire real estate currently owned by another person through acquisition by a third party who is subsequently to dispose of the real estate to the licensee or associate.
(a) the person does not engage in activities to solicit the names of persons who may be interested in acquiring or disposing of real estate; and
they do not engage in activities to solicit the names of persons who may be interested in acquiring or disposing of real estate, and
The use of any inducements for a party to acquire or dispose of real estate is addressed in section 5 - 6 (1) of the Rules.
Firstly, through its website, it is engaging in activities to solicit the names of persons who may be interested in acquiring or disposing of real estate.
the unlicensed person does not solicit, for the purposes of making a referral, the names of persons who may want to acquire or dispose of real estate;
Section 5 - 13 (2) of the Rules sets out a licensee's positive obligation, when providing trading services to a client who is disposing of real estate to ``... disclose to all other parties to the trade, promptly but in any case before any agreement for the acquisition or disposition of the real estate is entered into, any material latent defect in the real estate that is known to the licensee».
This structure effectively allows you to dispose of real estate and exchange into a REIT on a tax - deferred basis.
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