Maintenance of Listing Service. MLS agrees to maintain a multiple listing service for exclusive use of Participant and each Other Participant. MLS shall act as a real estate listing clearinghouse by receiving listings from Participant or any Other Participant, and disseminating a copy of each listing received to Participant and any Other Participant. New member firms shall voluntarily submit current listings with seller approval to the MLS within seven days of being given MLS access. Once membership is established Residential, Multi-Family (1-4 units) and Vacant Land listings, unless broker owned, must be submitted to the MLS within required time.
Appears in 5 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
