A licensee must be licensed with a brokerage and can only
trade on behalf of that brokerage.
Your current licence to trade in real estate authorizes you to
trade on behalf of the brokerage with which you work for.
Your current licence to trade in real estate authorizes you to
trade on behalf of the brokerage with which you work for and in the class that you are licensed (i.e. salesperson, broker, etc.).
Not exact matches
Based
on the Uniform Gifts / Transfers to Minors Acts, this
brokerage account offers comprehensive
trading, mutual fund, and cash management features, allowing you to invest
on behalf of a minor.
Give - Up: A procedure whereby a
trade / transaction is executed by one party (i.e., a broker,
brokerage or clearing house)
on behalf of another party and the executed
trade / transaction is recorded as having been executed by that other party.
There are no exit fees whatsoever - Motley Fool Wealth Management would simply stop
trading on your
behalf, and you would take full control
of your
brokerage account.
AiX will use a chatbot to disrupt the traditional
brokerage model, executing
trades on behalf of traders and reducing commissions by up to 95 %.
Salesperson - According to the Real Estate
Trading Act, a salesperson is a person employed, appointed or authorized by a broker to
trade in real estate
on behalf of that
Brokerage.
As an Alberta real estate professional, you
trade in real estate
on behalf of your
brokerage.
(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).
Individual industry professionals can't
trade in real estate without being registered with a
brokerage, and they must
trade in the name
of and
on behalf of the
brokerage.
BROKER: Authorized to operate a
brokerage and permitted to
trade in real estate
on behalf of the
brokerage.
If operating under
brokerage agency, this conflict exists either when two different licensees engaged by the listing
brokerage work with the seller and the buyer respectively, or when one licensee (or a team
of licensees) engaged by the listing
brokerage to act
on behalf of the seller / landlord is the same licensee (or team
of licensees) who brings the buyer / tenant to the
trade, i.e. a double - ender).
Obtaining informed consent before acting is also necessary if a
brokerage or any
of its related licensees wishes to alter an existing relationship; for example, to move from acting
on behalf of only one party to a
trade to acting as a limited dual agent
on behalf of both parties.