MLS System definition

MLS System means the aggregate of all hardware and telecommunications systems that SCAOR maintains in order to make access to the MLS Database available to Subscriber.

MLS System means the co-operative selling system operated and promoted by the Association in conjunction with the MLS® Marks. The MLS® System includes an inventory of listings of participating REALTORS®, and ensures a certain level of accuracy of information, professionalism and co-operation amongst REALTORS® to effect the purchase and Trade of real estate.

MLS System means the aggregate of all hardware and telecommunications systems that SCAOR maintains (or that SCAOR’s contractors maintain on its behalf) in order to make access to the MLS Database available to Participant.

Examples of MLS System in a sentence

• The parties acknowledge that among the services offered by NTREIS is a computer-based electronic on-line information system (the "On-Line MLS System") designed to provide, and which provides, MLS Participants with access to current and historical information and data, and compilations of such information and data, about residential and commercial real estate listings and leases (the "MLS Database").

• The parties recognize that NTREIS owns and claims all rights, titles, and interests (including but not limited to rights of copyright) in and to the MLS Database and each and every item of information and data, and each and every compilation of information and data, which is at present and which shall be at any time and from time-to-time hereafter a part of the On-Line MLS System and MLS Database; and access thereto and use thereof is strictly limited and regulated by the MLS Rules and Regulations.

• The parties agree that only NTREIS possesses the exclusive, non-transferable right and license to operate, administer, and manage the ordinary and customary day-to-day operations, activities and services of the MLS, including but not limited to, the On-Line MLS System.

• To maintain the confidentiality of all user IDs, passwords, the MLS Database, and the MLS System, Subscriber shall take the greater of reasonable care or the care it takes to protect its own confidential information.

• A capitalisation rate is applied to the more uncertain future income, discounted to a present value.As a result of the level of judgement used in arriving at the market valuations, the amounts which may ultimately be realised in respect of any given property may differ from the valuations shown on the statement of financial position.

More Definitions of MLS System

MLS System means the computerized software system that Client uses to provide access to Client’s Content and services to its Participant Users.

MLS System means the MLS® Database and the distribution of such information through the PropTx suite of Commercial Internet Services;

MLS System. The aggregate of all hardware and telecommunications systems that MLS maintains, or that MLS contractors maintain on its behalf, in order to make access to the MLS Database available to Firm Participant.

MLS System is the software that SWMLS maintains and uses to make access to its MLS database available to its Members and other authorized users.

MLS System means the Multiple Listing Service® owned and controlled by MREB or in which MREB has an ownership interest, operated under CREA’s MLS® trademark;

MLS System means the ODS platform or software used to provide multiple listing services.

MLS System means the aggregate of all hardware and telecommunications systems that MLS maintains in order to make access to the MLS Database available to Member Firm.