Sentences with phrase «transactions on behalf of a brokerage»
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.
https://www.getsmarteraboutmoney.ca/ Not exact matches
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.
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.
The court dismissed the breach of contract claim, finding that «no provision of the Brokerage Agreement created an obligation» on behalf of Broker to furnish tax advice or structure the transaction in order to avoid capital gains taxes.
In transaction brokerage, the licensee acts as a neutral third - party assistant that provides help without acting on behalf of the customer.
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;
Eastern Consolidated Properties, Inc. v. Lucas (285 A.D. 2d 421)- Supreme Court's order to dismiss broker's complaint reversed; broker's complaint sufficiently alleges that certain defendants have the authority to act on behalf of all defendants in the underlying real estate transaction; upon procuring a buyer ready, willing and able to purchase on the seller's terms, the broker has earned its commission and a seller who frustrates the consummation of the transaction is liable nonetheless to the broker; no requirement that a brokerage commission be in writing (GOL 5 - 710 [a][10]-RRB-
Our services on behalf of this client include portfolio management and strategy, transaction management / brokerage, lease administration and miscellaneous support services.
David spent several years leading CREC's brokerage division where he completed more than $ 2 billion worth of investment sales transactions on behalf of a variety of private and institutional clients.
Based on the explicit language of the agreement, the court ruled that it should have been clear to the Buyers that the Brokerage was not acting on their behalf in this transaction.
The brokerage that receives money in connection with this transaction is authorized to pay such money to the Buyer's conveyancer, provided that such money is to be held in trust by the conveyancer as stakeholder pursuant to the provisions of the Real Estate Services Act, pending the completion of the transaction and not on behalf of any of the principals to the transaction, and should the sale not complete, the money should be returned to the brokerage as stakeholder.