Common use of Transfer of License from Brokerage Firm Clause in Contracts

Transfer of License from Brokerage Firm. When a Licensee transfers Licensee's license from Brokerage Firm to another brokerage, Licensee shall first notify Broker, then immediately notify the California DRE that Licensee no longer works under Brokerage Firm and Broker shall no longer be responsible for the actions of the Licensee. Further, Licensee shall halt all real estate activity in the name of Brokerage Firm. Unless agreed elsewhere to the contrary, all referrals, are and remain the property of the Broker.

Appears in 3 contracts

Samples: Independent Contractor Agreement, Independent Contractor Agreement, Independent Contractor Agreement

AutoNDA by SimpleDocs

Transfer of License from Brokerage Firm. When a Licensee transfers Licensee's license from Brokerage Firm to another brokerage, Licensee shall first notify Broker, then immediately notify the California DRE BRE that Licensee no longer works under Brokerage Firm and Broker shall no longer be responsible for the actions of the Licensee. Further, Licensee shall halt all real estate activity in the name of Brokerage Firm. Unless agreed elsewhere to the contrary, all referrals, are and remain the property of the Broker.

Appears in 1 contract

Samples: Independent Contractor Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.