Personal or sensitive data may be discussed with
your trusted licensed broker when they process your request for a Rig Quote:
Not exact matches
There are some
licensed brokers like Anyoption who can be
trusted and relied upon.
Last week it announced the suspension of the
licenses of four binary options
brokers — Leadtrade Ltd., TTCM Traders
Trust Capital Markets Ltd., Gametech (Cyprus) Ltd., and Dragon Options Ltd..
The Cyprus Securities and Exchange Commission (CySEC) has suspended the
licenses of four Cypriot investmenty firms (CIFs)-- binary options
brokers Leadtrade Ltd., TTCM Traders
Trust Capital Markets...
The Cyprus Securities and Exchange Commission (CySEC) said on Monday it has withdrawn the suspensions of
license of binary options
brokers Leadtrade Ltd. and TTCM Traders
Trust Capital...
Some professions have rules in place precluding your filing a bankruptcy, such as having a
broker's
license in which
trust accounts are managed.
Without the FCA
license, it looks like OctaFX rejoins the sea of weakly regulated forex
brokers, which do little to inspire
trust and confidence.
The principal
broker must oversee operations, maintain records, comply with
trust account rules, develop a written policy on agency, ensure advertising compliance, and ensure that only licensees perform real estate activities for which a
license is required.
When I first got my real estate
license and was interviewing
brokers (and
trust me, you interview the
broker, they don't interview you — but that's a topic for another column) one of them asked me where I saw myself in a year.
For instance, in Depugh v. Ohio Dept. of Commerce, 1998, the Ohio Court of Appeals upheld a one - month suspension of a
broker's
license after the
broker had waited a week — longer than the law allowed — to deposit a $ 1,000 check into a
trust account.
With respect to
trust accounts, the amended statute provides that real estate
brokers and
licensed real estate property managers may not commingle funds in a client
trust account, with the exception of compensation earned in connection with a real estate sale, purchase, or exchange transaction.2 Commingling is defined as «the mixing of funds from any source, including personal funds, with
trust funds... by a
licensed real estate property manager or principal real estate
broker.3 Licensees do not need to create a
trust account when acting only as a courier conveying a check payable to the seller from the purchaser.4
One of the biggest reasons a
broker's
license is required is because property managers must understand how to handle
trust funds.
Section 3 - 1 of the Rules also provides that the managing
broker is responsible to ensure that the
trust accounts and records of the brokerage are maintained in accordance with RESA, the Real Estate Services Regulation, Rules, and Bylaws, and that there is appropriate management and control of documents related to the
licensing requirements.
With respect to an individual applying for
licensing as a managing
broker, section 7 - 4 [other
trust account requirements] of the Rules requires at least one related managing
broker must be a signing authority on each
trust account maintained by a brokerage.
287 DOS 98 Matter of DOS v. Uqdah Realty & Management Corp. — deposits; jurisdiction; fraudulent practices; failure to pay judgment; vicarious liability; notary public; disclosure of agency relationship;
broker violated 19 NYCRR 175.1 when he deposited escrow funds into his operating account;
broker committed conversion when his operating account fell below deposit amount;
broker engaged in fraudulent practices when he illegally retained buyer's
trust funds and attempted to qualify prospective buyer for mortgage by falsely stating their employment;
broker failed to disclose his agency relationship to his client; failure to pay judgment; corporate real estate
broker vicariously liable and charged with actual knowledge of violation of law because of representative
broker's cognizant misconduct as corporate officer;
broker is not required to deposit a refundable commission in an escrow account unless contractually demanded; corporate
broker and representative
broker's
license revoked; restitution of deposit of $ 12,000 plus interest; notary public commission revoked based on misconduct as a real estate licensee
With access to more than 50 lending institutions, including big banks, credit unions and
trust companies our
licensed team of professional mortgage
brokers knows how to find you the best solution for your lifestyle.
McEachern earned her real estate
license in 1971 and purchased the former Family
Trust offices in Keswick and Sutton after earning her
broker's
license.
Accounts and Records Managing
brokers are responsible for ensuring that the
trust accounts and records of the brokerage are maintained in accordance with RESA, the Regulation, Rules, and Bylaws, and that there is appropriate management and control of documents related to the
licensing requirements (see section 3 - 1 of the Council Rules).
Only $ 149 / year (roughly the cost of 3 cups of gourmet coffee per month) hangs / activates your Florida sales or
broker - sales
license & elevates your professional
trusted status as an exclusive RealtyPRO ™ Associate with our referral company!