The most whole quantity that might be paid in respect of claims referring to the responsible brokerage, after the date one of many events referred to in subsection , or occurs, is the prescribed amount. A dedication by the superintendent that a licensee has brought on compensable loss isn’t, for the purposes of Part four, a willpower that the licensee has committed wrongful taking. If the particular person is a licensee, restrictions or situations on the licence. An undertaking given by a licensee or an unlicensed individual under this section is binding on the licensee or unlicensed individual. Cease or refrain from doing anything that the licensee or the unlicensed individual is prohibited from doing beneath this Act.
BPOA and/or Board will NOT call licensees asking for cost over the cellphone. Real estate salespeople and brokers should log into their private on-line account to perform this operate. If approved, any …
