Common use of Conditions of Service Clause in Contracts

Conditions of Service. Firm Participant must at all times have an Individual Participant designated for each office. Firm Participant shall ensure that at all times Individual Participants for which Firm Participant is responsible under this Agreement satisfy the prerequisites for participation in the RMLS Service. The prerequisites are set out in the RMLS Policies; at present, they include a requirement that Individual Participants either (a) hold a real estate broker’s license, be actively engaged in real estate brokerage, and offer and receive offers of compensation from other brokerage firms; or (b) be licensed or certified by an appropriate regulatory agency to engage in the appraisal of real property. Individual Participants must maintain active membership in a REALTOR® association at all times during the term of this Agreement. Subscribers may enter and retrieve active listing information on the RMLS Service only if Firm Participant offers compensation to or accepts compensation from other principal brokers.

Appears in 4 contracts

Samples: Agreement, Participant Agreement, Participant Agreement

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Conditions of Service. Firm Participant must at all times have an Individual Participant designated for each office. Firm Participant shall ensure that at all times Individual Participants for which Firm Participant is responsible under this Agreement satisfy the prerequisites for participation in the RMLS MRED Service. The prerequisites are set out in the RMLS MRED Policies; at present, they include a requirement that Individual Participants either (a) hold a real estate broker’s license, be actively engaged in real estate brokerage, and offer and receive offers of compensation from other brokerage firms; or (b) be licensed or certified by an appropriate regulatory agency to engage in the appraisal of real property. Individual Participants must maintain active membership in a REALTOR® association at all times during the term of this Agreement. Subscribers may enter and retrieve active listing information on the RMLS MRED Service only if Firm Participant offers compensation to or accepts compensation from other principal brokers, unless permitted otherwise by MRED Policies.

Appears in 2 contracts

Samples: Participant Agreement, Participant Agreement

Conditions of Service. Firm Participant must at all times have an Individual Participant designated for each office. Firm Participant shall ensure that at all times Individual Participants for which Firm Participant is responsible under this Agreement satisfy the prerequisites for participation in the RMLS MARIS Service. The prerequisites are set out in the RMLS MARIS Policies; at present, they include a requirement that Individual Participants either (a) hold a real estate broker’s license, be actively engaged in real estate brokerage, and offer and receive offers of compensation from other brokerage firms; or (b) be licensed or certified by an appropriate regulatory agency to engage in the appraisal of real property. Individual Participants must maintain active membership in a REALTOR® association at all times during the term of this Agreement. Subscribers may enter and retrieve active listing information on the RMLS MARIS Service only if Firm Participant offers compensation to or accepts compensation from other principal brokers.

Appears in 1 contract

Samples: Participant Agreement

Conditions of Service. Firm Participant must at all times have an Individual Participant designated for each office. Firm Participant shall ensure that at all times Individual Participants for which Firm Participant is responsible under this Agreement satisfy the prerequisites for participation in the RMLS Service. The prerequisites are set out in the RMLS Policies; at present, they include a requirement that Individual Participants either (a) hold a real estate broker’s license, be actively engaged in real estate brokerage, and offer and receive offers of compensation from other brokerage firms; or (b) be licensed or certified by an appropriate regulatory agency to engage in the appraisal of real property. Individual Participants must maintain active membership in a REALTOR® association at all times during the term of this Agreement. Subscribers may enter and retrieve active listing information on the RMLS Service only if Firm Participant offers compensation to or accepts compensation from other principal brokers.brokers.‌

Appears in 1 contract

Samples: Participant Agreement

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Conditions of Service. Firm Participant must at all times have an Individual Participant designated for each office. Firm Participant shall ensure that at all times Individual Participants for which Firm Participant is responsible under this Agreement satisfy the prerequisites for participation in the RMLS NCRMLS Service. The prerequisites are set out in the RMLS NCRMLS Policies; at present, they include a requirement that Individual Participants either (a) hold a real estate broker’s license, be actively engaged in real estate brokerage, and offer and receive offers of compensation from other brokerage firms; or (b) be licensed or certified by an appropriate regulatory agency to engage in the appraisal of real property. Individual Participants must maintain active membership in a REALTOR® association at all times during the term of this Agreement. Subscribers may enter and retrieve active listing information on the RMLS NCRMLS Service only if Firm Participant offers compensation to or accepts compensation from other principal brokers.

Appears in 1 contract

Samples: Participant Agreement

Conditions of Service. Firm Participant must at all times have an Individual Participant designated for each office. Firm Participant shall ensure that at all times Individual Participants for which Firm Participant is responsible under this Agreement satisfy the prerequisites for participation in the RMLS CARMLS Service. The prerequisites are set out in the RMLS CARMLS Policies; at present, they include a requirement that Individual Participants either (a) hold a real estate broker’s license, be actively engaged in real estate brokerage, and offer and receive offers of compensation from other brokerage firms; or (b) be licensed or certified by an appropriate regulatory agency to engage in the appraisal of real property. Individual Participants must maintain active membership in a REALTOR® association at all times during the term of this Agreement. Subscribers may enter and retrieve active listing information on the RMLS CARMLS Service only if Firm Participant offers compensation to or accepts compensation from other principal brokers.

Appears in 1 contract

Samples: Participant Agreement

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