Sentences with phrase «under designated agency»

Under designated agency, it is the designated agent who has these duties while the brokerage, through its managing broker, has certain contractual duties; i.e. the brokerage must
As a result, these teams are not able to separate their agency relationships, whether under brokerage agency or under designated agency.
This precautionary measure may not be necessary under designated agency so long as the buyer is able to have their own independent representation and no confidential information of either party is shared with the other
The «AS LIMITED DUAL AGENT» column describes the duties that a brokerage under brokerage agency, or a designated agent under designated agency, would have to both clients if those clients have agreed that the brokerage or the designated agent, as the case may be, are able to act on their behalf as a limited dual agent in relation to the same trade.
Under designated agency, a brokerage and its clients agree that different licensees engaged by that brokerage may be designated to act as sole agents on behalf of clients whose interests may conflict.
Under designated agency, a brokerage, with the agreement of these buyers, may appoint different licensees as the designated agents to act on behalf of these buyers who are interested in purchasing the same property.
Disclosing Remuneration under Designated Agency The old saying about buying real estate is «location, location, location.»
Under designated agency, the agency relationship is only with the designated agent specified in the brokerage agreement, not with the brokerage, and not with any other licensees of the brokerage.
Despite the fiduciary obligations between the client and the designated agent established under designated agency, the broker still must comply with the Bylaws by adequately supervising the designated agents and ensuring the designated agents are compliant with the Act, Commission Bylaw and the brokerage's policies.
Under designated agency, the agency obligation of client confidentiality is owed at the level of the industry member acting as the designated agent.
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.
This typically does not occur under designated agency because each client has previously agreed with the brokerage appointing a different licensee to represent them (see Supervision Under Designated Agency).
In Alberta, some brokerages operate under designated agency where all buyers MUST sign a buyer brokerage agreement, not so if you are a common law brokerage but this is going to change next year, and it may lead to more brokerages going Designated Agency and moving from the common law concept.

Not exact matches

The recent inauguration of Forum of Spokespersons in Security and Response Agencies (FOSSRA) under his office has so far reduced to the barest minimum the inter-agency rivalry in information management and encouraged designated security spokespersons to be proactive and timely in providing updates on security situations.
To perform all duties as prescribed in the City Charter and any other duties prescribed under law; to receive Calendars and notices of meeting of all City Agencies required to refer matters to the Community Boards pursuant to the City Charter and to inform the Board members of such Calendars and notices; to attend any meetings required by the Mayor and / or the Borough President pursuant to the City Charter or to designate his / her representative or representatives to attend.
For research papers created under grants for which the authors are required by their funding agencies to make their research results publicly available (for example, from NIH, Howard Hughes Medical Institute, or Wellcome Trust), we allow posting of the accepted version of research content (Research Articles and Reports) to the funding body's archive or designated repository (such as PubMed Central) no sooner than six months after publication, provided that a link to the final version of the paper published in the Science Journal is included.
FWS released the first Mexican wolves in 1998, designating the animals as an «experimental population» under the ESA in order to give the agency more legal latitude in managing the animals.
The federal government designates approximately $ 2.25 billion annually towards teacher quality and professional development under Title II, some of which could be dedicated to developing teachers» skill in cultivating learning mindsets and skills.57 Title II under ESSA allows state and local educational agencies to allocate funds to train educators to help students develop the «skills essential for learning readiness and academic success.»
(A) designate a State agency as the sole State agency to administer the plan, or to supervise its administration by a local agency, except that (i) where under the State's law the State agency for the blind or other agency which provides assistance or services to the adult blind, is authorized to * provide vocational REHABILITATION services to such individuals, such agency may be designated as the sole State agency to administer the part of the plan * under which vocational REHABILITATION services are provided for the blind (or to supervise the administration of such part by a local agency) and a separate State agency may be designated as the sole State agency with respect to the rest of the State plan, and (ii) the Secretary, upon the request of a State, may authorize such agency to share funding and administrative responsibility with another agency of the State or with a local agency in order to permit such agencies to carry out a joint program to provide services to handicapped individuals, and may waive compliance with respect to vocational * REHABILITATION services furnished under such programs with the requirement of clause (4) of this subsection that the plan be in effect in all political subdivisions of that State;
(d) The Secretary is also authorized to make grants upon application approved by the State agency designated under section 101 to administer the State plan, to public or nonprofit agencies, institutions, or organizations to assist them in meeting the cost of planning REHABILITATION facilities and the services to be provided by such facilities.
(a) From each State's allotment under this part for any fiscal year, the Secretary shall pay to such State or, at the option of the State agency designated pursuant to section 101 (a)(1), to a public or nonprofit organization or agency, a portion of the cost of planning, preparing for, and initiating special programs under the State plan approved pursuant to section 101 to expand vocational REHABILITATION services, including programs to initiate or expand such services to individuals with the most severe handicaps, or of special programs under such State plan to initiate or expand services to classes of handicapped individuals who have unusual and difficult * problems in connection with their REHABILITATION, particularly handicapped individuals who are poor, and responsibility for whose treatment, education, * and REHABILITATION is shared by the State agency designated in section 101 with other agencies.
(B)(i) that such unit shall be located at an organizational level and shall have an organizational status within such State agency comparable to that of other major organizational units of such agency, or (ii) in the case of an agency described in clause (1)(B)(ii), either that such unit shall be so located and have such status, or that the director of such unit shall be the executive officer of such State agency; except that, in the case of a State which has designated only one State agency pursuant to clause (1) of this subsection, such State may, if it so desires, assign responsibility for the part of the plan under which vocational REHABILITATION services are provided for the blind to one organizational unit of such agency, and assign responsibility for the rest of the plan to another organizational unit of such agency, with the provisions of this clause applying separately to each of such units; provide for financial participation by the State, or if the State so elects, by the State and local agencies to meet the amount of the non - Federal share; provide that the plan shall be in effect in all political subdivisions, except that in the case of any activity which, in the judgment of the Secretary, is likely to assist in promoting the vocational REHABILITATION of substantially larger numbers of handicapped individuals or groups of handicapped individuals the Secretary may waive compliance with the requirement herein that the plan be in effect in all political subdivisions of the State to the extent and for such period as may be provided in accordance with regulations prescribed by him, but only if the non - Federal share of the * cost of such vocational REHABILITATION services is met from funds made available by a local agency (including, to the extent permitted by such regulations, funds contributed to such agency by a private agency, organization, or individual);
(2) In carrying out his responsibilities under this subsection, the Secretary, in the case of research, demonstrations, and related activities carried out under section 202, shall, after taking into consideration the views of State agencies designated pursuant to section 101, on an annual basis --
Pursuant to regulations prescribed by the President, and to the extent consistent with the other provisions of this ACT, where funds are provided for a single project by more than one Federal agency to an agency or organization assisted under this ACT, the Federal agency principally involved may be designated to ACT for all in administering the funds provided, and, in such cases, a single non - Federal share requirement may be established according to the proportion of funds advanced by each agency.
The term «local agency» means an agency of a unit of general local government or of an Indian tribal organization (or combination of such units or organizations) which has an agreement with the State agency designated pursuant to section 101 (a)(1) to conduct a vocational REHABILITATION program under the supervision of such State agency in accordance with the State plan approved under section 101.
(B) provide that the State agency so designated to administer or supervise the administration of the State plan, or (if there are two State agencies designated under subclause (A) of this clause) to supervise or administer the part of the State plan that does not relate to services for the blind, shall be (i) a State agency primarily concerned with vocational REHABILITATION, or vocational and other REHABILITATION, of handicapped individuals, (ii) the State agency administering or supervising the administration of education or vocational education in the State, or (iii) a State agency which includes at least two other major organizational units each of which administers one or more of the major public education, public health, public welfare, or labor programs of the State; provide, except in the case of agencies described in clause (1)(B)(i)-
(3) The Secretary may make a grant for a project pursuant to this subsection only on his determination that (A) the purpose of such project is to prepare handicapped individuals, especially those with the most severe handicaps, for gainful and suitable employment: (B) the individuals to receive training services under such project will include only those who have been determined to be suitable for and in need of such training services by the State agency or agencies designated as provided in section 101 (a)(1) of the * State in which the REHABILITATION facility is located; (C) the full range of training services will be made available to each such individual, to the extent of his need for such services; and (D) the project, including the * participating REHABILITATION facility and the training services provided, meet such other requirements as he may prescribe in regulations for carrying out the purposes of this subsection.
prohibits any public transportation agency from providing funds to the State safety oversight agency or an entity designated by the eligible State as the State safety oversight agency under paragraph (4).
Qualifying employment in a public service job is defined as any employment with a federal, state, or local government agency, entity, or organization or a not - for - profit organization that has been designated as tax - exempt by the Internal Revenue Service (IRS) under Section 501 (c)(3) of the Internal Revenue Code (IRC).
Qualifying employment is any employment with a federal, state, or local government agency, entity, or organization or a not - for - profit organization that has been designated as tax - exempt by the Internal Revenue Service (IRS) under Section 501 (c)(3) of the Internal Revenue Code (IRC).
Each entity has been designated by the Federal Government as a qualified debt relief agency that helps folks file bankruptcy under the bankruptcy code.
Subtitle D: State Energy and Environment Development Accounts -(Sec. 131) Requires the EPA Administrator to establish a program under which a state, through its State Energy Office or other state agency, may operate a State Energy and Environment Development (SEED) account to serve as a common state - level repository for managing emission allowances provided to states designated for renewable energy and energy efficiency purposes.
(Sec. 216) Requires agency heads, subject to exemptions, to procure water consuming products or services that are WaterSense labeled or designated under the Federal Energy Management Program.
The Pond Law Firm is a federally designated debt relief agency and our lawyers help people file for bankruptcy relief under the Bankruptcy Code.
Under Federal Law we are a Designated Debt Relief Agency.
We expect that in most cases, government agencies that run health plans or provide health care services would typically meet the definition of a «hybrid entity» under § 164.504 (a), so that such an agency would be required to designate the health care component or components that run the program or programs in question under § 164.504 (c)(3), and the rules would not apply to the remainder of the agency's operations, under § 164.504 (b).
(2) The designation of one or more licensees as a designated agent does not constitute dual agency under this section unless the licensee designated as the designated agent represents the parties referred to in paragraph (a), (b), (c) or (d) of the definition of «dual agency» as clients in respect of a trade in real estate.
My greatest concern would be for the liability of the dual agent (in the same office as the listing agent) deemed to have the knowledge and, in dual agency jurisdictions, unable to act under the umbrella of a transaction brokerage as a designated agent.
What they don't appear to love, or at least the results are murky at this point, is the form of designated agency they have been operating under in Nova Scotia since January of this year.
An important distinction between limited dual agency that arises in brokerage agency as compared to limited dual agency that arises in designated agency is that under brokerage agency dual agency occurs in «in - house» transactions involving more than one licensee.
A conflict of interest from concurrent representation arises only under the following circumstances in a brokerage practicing designated agency;
In that example, they would have the duties identified under the «TO CLIENT» column (either the BROKERAGE SOLE AGENCY or the DESIGNATED AGENCY column, as the case may be) with respect to the seller, and the duties identified under the «TO CUSTOMER NO AGENCY» column with respect to the buyer.
While most brokerages in BC practice designated agency, some continue to act under the system of brokerage agency.
For over a year, trading services licensees across BC have been working under the new system of designated agency, introduced by the British Columbia Real Estate Association and its member boards on July 1, 2012.
This change to section 3 - 3 recognizes that licensees and their clients may agree to modify or eliminate these duties, either under the new section 3 - 3.1, or, in the case of designated agency, under the new section 3 - 3.2.
With proper practice, including not sharing the confidential information of their respective clients, designated agents engaged by the same brokerage are able to avoid many of the conflicts that can arise under limited dual agency with respect to these types of «in - house» transactions.
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