Sentences with phrase «under the exemption cited»
Under case law, Freeman said, documents produced in the ordinary course of business generally do not fall under the exemption cited by the Cuomo administration.
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If, in this scenario, the resident manager was instructed to immediately remit any security deposits and rents to the brokerage for deposit into its trust accounts, and if he or she were not involved in negotiating and executing leases, no licence would be required under the exemption for resident caretakers cited above (Section 2.14 of the Real Estate Services Regulation).