Brokerage Organization definition

Brokerage Organization means that individual or business entity which is not licensed but is acting as a Broker under § 2901(c) of this title and is the trade name under which the Broker operates. The individual or business entity shall have a Broker licensed under this chapter.
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Brokerage Organization means that individual or entity which is not licensed but is acting as a broker under § 2910 of this title.
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Brokerage Organization means that individual or entity which is not licensed but is acting as a broker
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Examples of Brokerage Organization in a sentence

  • The term Broker(s) when used in this Agreement shall include Broker of Record, Brokerage Organization, Broker Owner, Salesperson(s) and employees involved in this Agreement.

  • Notwithstanding any other provision of this Chapter, the employer of the Licensee is vicariously liable as the employer would be under the doctrine of respondeat superior whether the Licensee is employed by the Broker or Brokerage Organization as an employee or as an independent contractor.

  • The Broker may still choose to provide the CIS as a matter of Brokerage Organization policy.

  • Notice only to the designated Associate Broker or Salesperson is not considered notice to the Broker, or the rest of the Brokerage Organization.

  • For example; a Brokerage Organization may define a Service Level Agreement that limits the number of trades a client may execute in a given time frame.

  • The Salesperson or Broker paid by the Brokerage Organization may employ licensed or unlicensed staff or team members who shall be paid an hourly wage, salary, or commission according to their agreement with the employing Salesperson or Broker.

  • The compensation agreement may specify that the Brokerage Organization, Broker Owner, Broker of Record, Broker and Salespersons may cooperate with other licensees.

  • Notice only to the designated Broker or designated Salesperson is not considered notice to the Broker Owner, Broker of Record, or the rest of the Brokerage Organization.

  • The term Broker(s) when used in this Agreement shall include Broker of Record, Brokerage Organization, Broker Owner, SalespersonDesignated Agent(s) and employees involved in this Agreement.

  • All All sums deposited by Buyer prior to the time of final settlement shall be placed in a non-interest bearing escrow account with (Select Only One): Listing Brokerage Organization ("Escrow Listing Broker") OR Buyer’s Brokerage Organization (“Buyer’s Broker”).


More Definitions of Brokerage Organization

Brokerage Organization means that individual or business entity which is not licensed but is acting
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Related to Brokerage Organization

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Employee organization means any organization, union, or

  • Real estate brokerage activity means any activity that involves offering or providing real estate brokerage services to the public, including:

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.

  • Religious organization means a church, ecclesiastical corporation, or group, not organized for pecuniary profit, that gathers for mutual support and edification in piety or worship of a supreme deity.

  • Parent organization means the entity named in Item I. of the Policy Declarations.

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Community organization means an organization that provides

  • Student organization means a group, club or organization having students as its primary members or participants. It includes grade levels, classes, teams, activities or particular school events. A student organization does not have to be an official school organization to come within the terms of this definition.

  • Health care organization ’ means any person or en-

  • Managed care organization means an entity that (1) is under contract with the department to provide services to Medicaid recipients and (2) meets the definition of “health maintenance organization” as defined in Iowa Code section 514B.1.

  • Charitable organization means a charitable organization as described by Section 501(c)(3) of the Internal Revenue Code of 1986, as in effect from time to time.

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Financial organization means any bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, savings and loan association, credit union, cooperative bank, small loan company, sales finance company, investment company, or any type of insurance company.

  • Nonprofit organization means an organization that is exempt from federal income taxation pursuant to Section 501(a) of the Code and described in Section 501(c) of the Code and that has as one of its designated activities, as indicated on United States Internal Revenue Service form 1023 "recognition of exemption", an activity that is directly related to the purposes for which grants may be issued under Revised Code Sections 164.20 through 164.27 as described in divisions (A) and (B) of Revised Code Section 164.22

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Brokerage agreement means a written or oral agreement

  • Brokerage services means those activities identified in sections 543B.3 and 543B.6.

  • Tribal organization means the elected governing body of any Indian tribe or any legally established organization of Indians that is controlled by one or more such bodies or by a board of directors elected or selected by one or more such bodies (or elected by the Indian population to be served by such organization) and that includes the maximum participation of Indians in all phases of its activities; and

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • Pawnbroker means the same as that term is defined in Section 13-32a-102.

  • Fraternal organization means an organization, except a school fraternity, which is a

  • Eligible organization means a veterans, charitable, educational, religious, fraternal,

  • Educational organization means a nonprofit public or private elementary or