Sentences with phrase «used by real estate licensees»

The Council is developing new mandatory forms which will be used by real estate licensees to make the required disclosures.

Not exact matches

The court found that if the Parent was merely using a negotiation tactic and the Parent wasn't performing any acts or services performed by real estate licensees, then no New Jersey laws would bar the Parent from receiving the Payment.

As a Compliance Officer at the Real Estate Council of BC, you will play an important role in public protection, using your investigative skills and experience to obtain evidence of potential misconduct by real estate licensees under the Real Estate Services Real Estate Council of BC, you will play an important role in public protection, using your investigative skills and experience to obtain evidence of potential misconduct by real estate licensees under the Real Estate ServiceEstate Council of BC, you will play an important role in public protection, using your investigative skills and experience to obtain evidence of potential misconduct by real estate licensees under the Real Estate Services real estate licensees under the Real Estate Serviceestate licensees under the Real Estate Services Real Estate ServiceEstate Services Act.

The Errors & Omissions assessment is used by the Real Estate Errors & Omissions Insurance Corporation to cover the costs of defending BC real estate licensees against claReal Estate Errors & Omissions Insurance Corporation to cover the costs of defending BC real estate licensees against cEstate Errors & Omissions Insurance Corporation to cover the costs of defending BC real estate licensees against clareal estate licensees against cestate licensees against claims.

Licensees will refresh their mathematics for real estate in the next section, including how math is used in real estate, general math concepts, calculations for valuation, appreciation and depreciation, calculations for transactions, lending calculations, followed by valuation, value, methods of estimating value, and the appraisal process.

Section 4 - 6 of the Rules requires that if real estate advertising identifies an individual licensee, this must be done by using the licensee name of the individual.

Misleading or untruthful advertising, including the use of the term «Realtor» ™ by a person not authorized to do so, or using any other trade name or insignia or membership in any real estate association or organization, of which the licensee is not a member;

(v) establishing or providing for the establishment of standard forms for use in providing real estate services, and requiring their use by licensees, and

If the office is used by related licensees to only complete paperwork and make telephone calls, and the office does not have any signage to indicate that it is a real estate office, it will not be required to obtain licensing under the Act.

To obtain credit for such a CE course (s), the licensee must submit a written request for CE credit using the CE Credit Request (Form REC 7.13) accompanied by a nonrefundable processing fee of fifty dollars ($ 50.00) per request, payable to the North Carolina Real Estate Commission.

The Commission's Bylaw mandates the use of certain real estate contracts and acknowledgements by licensees in their work with real estate consumers.

(b) if that person is a personal real estate corporation or a controlling individual of a personal real estate corporation, by using the licensee name of the personal real estate corporation only.

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

As used in this Code of Ethics, «client» means the person (s) or entity (ies) with whom a REALTOR ® or a REALTOR ®'s firm has an agency or legally recognized non-agency relationship; «customer» means a party to a real estate transaction who receives information, services, or benefits but has no contractual relationship with the REALTOR ® or the REALTOR ®'s firm; «prospect» means a purchaser, seller, tenant, or landlord who is not subject to a representation relationship with the REALTOR ® or REALTOR ®'s firm; «agent» means a real estate licensee (including brokers and sales associates) acting in an agency relationship as defined by state law or regulation; and «broker» means a real estate licensee (including brokers and sales associates) acting as an agent or in a legally recognized non-agency capacity.

Licensees entering into limited dual agency contracts with clients often do so by using the Limited Dual Agency Agreement made available by their real estate board.

(a) act in the best interests of the client; (b) act in accordance with the lawful instructions of the client; (c) act only within the scope of the authority given by the client; (d) advise the client to seek independent professional advice on matters outside of the expertise of the licensee; (e) maintain the confidentiality of information respecting the client; (f) without limiting the requirements of Division 2 [Disclosures] of Part 5 [Relationships with Principals and Parties], disclose to the client all known material information respecting the real estate services, and the real estate and the trade in real estate to which the services relate; (g) communicate all offers to the client in a timely, objective and unbiased manner; (h) use reasonable efforts to discover relevant facts respecting any real estate that the client is considering acquiring; (i) take reasonable steps to avoid any conflict of interest; (j) without limiting the requirements of Division 2 [Disclosures] of Part 5 [Relationships with Principals and Parties], if a conflict of interest does exist, promptly and fully disclose the conflict to the client.

The mailing address for delivery is used by the Council to provide notices required under the Real Estate Services Act, typically discipline notices, to licensees.

a.) defining a word or expression used but not defined in this Act; b.) exempting classes of persons from the requirement to be licensed in order to provide real estate services and establishing restrictions and conditions in relation to an exemption; b. 1) respecting a minimum rate of interest for a brokerage trust account; c.) conferring additional powers and imposing additional duties and restrictions on the real estate council and council members, including by prescribing matters respecting which the real estate council may or must make rules and bylaws; d.) imposing fees or assessments to be paid by licensees in relation to the issuing, reinstatement or amendment of a licence and, in relation to this,

You can find up - to - date licence information for all licensed real estate professionals and brokerages, including any current licence conditions, upcoming hearings or past disciplinary decisions against them, by using the Real Estate Council's Licensee Seareal estate professionals and brokerages, including any current licence conditions, upcoming hearings or past disciplinary decisions against them, by using the Real Estate Council's Licensee Sestate professionals and brokerages, including any current licence conditions, upcoming hearings or past disciplinary decisions against them, by using the Real Estate Council's Licensee SeaReal Estate Council's Licensee SEstate Council's Licensee Search.

However, by posting, uploading, inputting, providing or submitting your Submission you are granting St. Louis Real Estate Investors Association, Inc. ™ (STLREIA ™), its affiliated companies and necessary sub licensees permission to use your Submission in connection with the operation of their Internet businesses including, without limitation, the rights to: copy, distribute, transmit, publicly display, publicly perform, reproduce, edit, translate and reformat your Submission; and to publish your name in connection with your Submission.