Exclusive Broker definition

Exclusive Broker means Conchart Commercial Inc., a M▇▇▇▇▇▇▇ Islands corporation.

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Exclusive Broker means a member of the RBD, or other RLS Broker who has been appointed in writing the exclusive or co-exclusive sales or rental agent of residential property by the Owner of such residential property, such as a Seller or Landlord.

Exclusive Broker means a person that brokers secondary mortgage loans solely to 1 licensee or registrant, is compensated solely by that licensee or registrant, and is indemnified by the licensee or registrant as provided in section 6. The actions or practices of an exclusive broker in brokering a secondary mortgage loan are the actions or practices of the licensee or registrant.

Examples of Exclusive Broker in a sentence

The sole remedy or recourse for any damages arising from such mistakes in information shall be against the Exclusive Broker or Exclusive Agent who listed such information.
The Participant VOW shall not display Exclusive Properties of Owners who have affirmatively directed their Exclusive Broker to withhold their Exclusive Property from display on the Internet.
Any Exclusive Listing displayed on a Participant VOW shall identify the name of the Exclusive Broker in a readily visible color, and reasonably prominent location, and in a typeface not smaller than the median typeface used in the display of Exclusive Listing data.
Each Participant, Exclusive Agent, and the Exclusive Broker, shall indemnify and hold REBNY, the RLS and the Residential Brokerage Division Board of Directors (the “RBD”) harmless against any and all loss, cost, expense or liability, including, without limitation, attorneys’ fees and disbursements, arising from any claim brought against REBNY, the RLS and/or RBD arising from or relating to the incompleteness, inaccuracy or other mistake in any Listing Information transmitted over the RLS.
The Exclusive Broker shall indicate when it inputs an Exclusive Listing to be transmitted over the RLS that an Owner has elected not to permit display of the Exclusive Listing on the Internet or has elected not to permit display of the address of the Exclusive Listing on the Internet.
If the Exclusive Broker and/or the Exclusive Agent fail to correct the information regarding the commission to be received by the Co-Broker before the earlier of the first showing of the Exclusive Property to the Co-Broker, or the first offer submitted by that Co-Broker (if there has not been a showing), as applicable, the Exclusive Broker must absorb the full amount of the liability relating to the incorrect information.
Notwithstanding the foregoing an Exclusive Broker, Exclusive Agent and/or Participant may make statistical information derived from the contents of the RLS available to prospective Buyers/Tenants, and/or Owners in connection with the marketing of the Exclusive Broker and/or Participant’s brokerage services.
The Exclusive Broker shall be responsible for the payment of any penalties issued pursuant to any violation of these Rules and Regulations committed by any Participant associated with the Exclusive Broker.
If an Exclusive Broker and/or Participant is suspected of having engaged in a pattern or practice of encouraging Owners to withhold Pocket Listings from the RLS, a complaint by another Participant can be filed against them and a hearing pursuant to Article VI, Section 2 of these Rules and Regulations shall be convened to decide the merits of the complaint.
This statement should be directed to the Exclusive Agent and the Exclusive Broker.

More Definitions of Exclusive Broker

Exclusive Broker means Conchart Commercial Inc., a Marshall Islands corporation.

Exclusive Broker. As defined in Section III(M)(i).