A managing broker should meet regularly
with licensees and other employees of the brokerage to discuss relevant topics relating to real estate services and the brokerage's policies and procedures.
Earlier this fall we filed our Annual Report with the Ministry of Finance, and shared
it with licensees across the province.
Managing brokers should review the relevant sections of the Council Rules
with licensees to ensure all licensees are completely familiar with the requirements under RESA and the Council Rules.
Supervision 101: Keep in Touch, Stay Up - to - Date A managing broker should meet regularly
with licensees and other employees of the brokerage to discuss relevant topics relating to real estate services and the brokerage's policies and procedures.
We appreciate the opportunity to engage
with licensees across the province on these important new consumer protection rules, and also look forward to continuing to deliver education and guidance to support licensees to comply with their legislative requirements.
(iii) the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal
with licensees who are not acting under this section of the rules;
Make appointments
with licensees to discuss their range of services, background, knowledge, and fees or commission rates.
discloses in writing to the strata corporation before providing the services that, even though the individual is a licensee, they are not acting as a licensee in this case, the licensee is not regulated under the Real Estate Services Act in relation to the strata management services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal
with licensees who are not acting under this exemption;
discloses in writing to the strata corporation before providing services that the licensee is licensed but is not acting as a licensee, that the licensee is not regulated by RESA, and that the strata corporation is not entitled to the same protections under RESA as are strata corporations that deal
with licensees that are not exempted;
According to Jon Goodman, a real estate attorney in Colorado and one of the attorneys who handles the state's legal hotline, the U.S. Department of Housing and Urban Development is known to stop dealing
with licensees simply because they were implicated in mortgage fraud.
Compared
with licensees of less than a decade ago, today's rookies bring more business skills and a perception of real estate as a profession rather than a job.
«Rather than working
with licensees they don't know, we're concerned people may decide to complete real estate transactions without representation,» says BCREA CEO Robert Laing.
(But) if you are both trying to license something and compete
with your licensees, this is a difficult model and it remains to be seen if it can be successful or not.»
Ahad will discuss the new program, which is designed to connect lawyers and paralegals volunteering as a coach or advisor
with licensees looking for assistance with skills development, practice management, or substantial and procedural issues on particular files.
The decision will force patent owners to review their current sales and distribution strategies, including any arrangements
with licensees.
Epic should have anti poaching written into their contracts
with their licensees for Unreal Engine.
Under her leadership, the Marvel gaming business unit launched (in partnership
with its licensees) some of the most notable Marvel titles, such as Avengers Alliance, LEGO Marvel Super Heroes and War of Heroes.
Mark Rein told Develop today that the engine vendor will «work
with licensees directly to figure out the best fit for each situation».
A direct affiliation
with the Licensee may include, for example, (a) current employees whether on a permanent, temporary, contract, or visiting basis, but excluding employees at a foreign affiliate or constituent university and (b) individuals who are: (1) officially enrolled as a registered student at the Licensee's institution; (2) authorized to use the library network from within the library premises or from such other places where such persons work or study (including but not limited to offices and homes, halls of residence, and student dormitories) and who have been issued by the Licensee with a password or other authentication method for such use of the library network, but (3) excluding students at a foreign affiliate or constituent university; or (c) walk - in users who are permitted to use Licensee's library or information service and permitted to access the library network but only from computer terminals within the Licensee's library premises («Authorized Users»).
«Authorized Users» is defined as, and is limited to, those individuals with a current direct affiliation
with the Licensee.
For example, say you've gone into a deal
with a licensee and you get a royalty check for a thousand dollars, but from what you can tell, they're selling a lot more of the product out there!
Counsel for a university in a dispute
with licensee and in subsequent successful license negotiations involving patents related to the diagnosis and analysis of cells and tissue samples.
The professional agrees
with the licensee in writing that, outside of his, her or its partnership or association
with the licensee, the professional will practise his, her or its profession, trade or occupation independently of the partnership or association and from premises that are not used by the partnership or association for its business purposes.
[4] Each court had a different view of how to characterize the licensor's relationship
with its licensee.
(6) Licensees shall not agree to requests by participants in a parenting plan evaluation that information shared
with the licensee be concealed.
The prospective purchaser and seller entered a purchase agreement,
with the licensee acting as a dual agent.
A licensee's fiduciary responsibility is to see that his / her seller, and the seller only, benefits from the listing salesperson's efforts that rightly ``... requires the skill and a commitment to help...» the seller, you know, that person who contracted
with the licensee to work for him / her only on a one hundred percent basis.
In October 2008, the Buyer visited the properties
with another licensee and a contractor.
The brokerage would not start out, as it does today, as the sole agent for one of the parties,
with every licensee engaged by the brokerage taking on the same status, and then have to strip away many of its agency obligations (and simultaneously stop being able to provide the agency services it initially offered) to become an impartial dual agent in an «in - house» transaction.
They will tell you, and if you don't they will tell you as they really don't want to mess with compliance issues
with another licensee unless they need to.
This requirement is also the same with buyer clients who want to maintain their working relationship
with a licensee who decides to move to a new brokerage; those agreements are also between the client and brokerage.
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.
Discuss your objectives
with your licensee before deciding which type of Listing Contract will best suit your needs.
Q: After the new Rules come into effect on June 15, 2018, if I receive a «general enquiry» telephone call from a consumer who wishes to discuss the benefits of working
with a licensee, at what point during the call am I expected to make the disclosure required under section 5 - 10?
Q: Do I have to make a disclosure to a consumer who is already working
with a licensee once the new Rules take effect on June 15, 2018?
If you negotiate a smaller commission
with the Licensee, the licensee may want to exclude some services that he or she would normally provide.
If you are dealing with a consumer who is not accompanied by a licensee, you must make the disclosure required under section 5 - 10 — even if that consumer is currently in a client relationship
with a licensee.
Do they go
with the licensee?
Failing to disclose to an owner the licensee's intention or true position if the licensee, directly or indirectly through a third party, purchases for itself or acquires or intends to acquire any interest in or any option to purchase property which has been listed
with the licensee's office to sell or lease;
If the seller is working
with a licensee: Once the form has been provided to the seller by the seller's licensee, the seller's licensee must provide a copy (preferably one that has been signed by the seller) of the form to the buyer's licensee, and the managing broker for the seller's licensee.
If expensive defects are found, discuss
with your licensee what options are available to you.
When these situations arise, it is important to first attempt to resolve the issue
with the licensee and, if that fails, with the broker.
You are encouraged to discuss the above information
with the licensee delivering this pamphlet to you.
Buyers are advised to carefully consider the areas of concern they have, discuss
them with their licensee, and ensure the necessary inquiries are made to avoid purchasing a property they will not feel comfortable living in.
Clients should discuss
with their licensee any clauses they are not comfortable with as it is critical that clients are signing an agreement that they both understand and agree with.
In these situations through Cresa Ed can work
with the licensee on a referral basis, direct him or her to another specialist, or team with them to execute the assignment.
being available to communicate
with your licensee at all reasonable times.
Q: I have been working
with a licensee for six months trying to buy a home.
By entering into a brokerage or service agreement
with a licensee, you are signing a contract to work with a brokerage for a specific duration of time.
Q: I want to look at a couple of homes
with a licensee.