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
Sample 1

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.

  • All advertisements for personal promotion of Licensees shall include the complete Brokerage Organization name that has been registered with the Commission, and office phone number registered by the Broker with the Commission for that office location.

  • Any Licensee who advertises any real property for sale, lease, exchange, or transfer that is listed with a Broker shall include in legible print in the advertisement the complete Brokerage Organization name that has been registered with the Commission, and Brokerage Organization phone number registered by the Broker with the Commission for that office location.

  • Disclose information concerning a transaction among the Broker, Designated Associate Broker(s) or Designated Salesperson(s), and office staff working for the Brokerage Organization on that transaction.

  • Other income Other income is recognised in the statement of comprehensive income at the fair value of the consideration received or receivable, net of GST, when the significant risks and rewards of ownership have been transferred to the buyer or when the service has been performed.

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

  • The Common Law of Agency relative to brokerage relationships in Real Estate Services transactions established pursuant to this chapter is expressly abrogated for any Licensee functioning as a Broker, Associate Broker, or Salesperson, Licensee owner, or Brokerage Organization as defined in this chapter as a Statutory Agent.

  • The Licensee paid by the Broker or 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 Licensee.

  • Deferred overhead payments of Fixed and variable overheads have been classified under non current financial liabilities instead of other long term and current liabilities as per Previous GAAP.

  • Disclosure is necessary to defend the Licensee or Brokerage Organization against an action of wrongful conduct in an administrative or judicial proceeding or before a committee of a professional association.


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 a nonprofit organization that has a demonstrated capacity to train, develop, and organize parents and community leaders into a constituency that will hold the school and the school district accountable for achieving high academic standards; in addition to organizations with a geographic focus, "community organization" includes general parent organizations, organizations of special education or bilingual education parents, and school employee unions (Section 10 of the Act).

  • 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 a university or other institution of higher education or an organization of the type described in section 501(c)(3) of the Internal Revenue Code of 1954 (26 U.S.C. 501(c) and exempt from taxation under section 501(a) of the Internal Revenue Code (25 U.S.C. 501(a)) or any nonprofit scientific or educational organization qualified under a state nonprofit organization statute.

  • 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.

  • 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

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Managed Care Organization (MCO) means a contracted health delivery system providing capitated or prepaid health services, also known as a Prepaid Health Plan (PHP). An MCO is responsible for providing, arranging, and making reimbursement arrangements for covered services as governed by state and federal law. An MCO may be a Chemical Dependency Organization (CDO), Dental Care Organization (DCO), Mental Health Organization (MHO), or Physician Care Organization (PCO).