Common Contracts
1 similar Three-Way Agreement contracts
Three-Way AgreementThree-Way Agreement • April 16th, 2018
The term 'Three-Way Agreement' refers to the relationship between the NATIONAL ASSOCIATION OF REALTORS®, the state association, and the local associations of that state. The agreement requires that a REALTOR® member of any constituent local association must also be a member of the National and appropriate state association. This agreement further grants to state and local associations the right to use the term REALTOR® in their names and grants them the right to use the term REALTOR® within their territorial jurisdictions and to grant the right to use the term REALTOR® to such individuals as deemed qualified for membership. In turn, member associations agree to accept the charge of properly granting and regulating the use of the terms REALTOR®; to subscribe to the Code of Ethics of the National Association; and to uphold and enforce the Code within the association's jurisdiction. The local associations also agree to maintain membership in good standing in the state association of the s
