61J Advertising.

Similar documents
RULES OF THE TENNESSEE REAL ESTATE COMMISSION CHAPTER RULES OF CONDUCT TABLE OF CONTENTS

REAL ESTATE PROFESSIONALS ERRORS AND OMISSIONS INSURANCE APPLICATION

Virtual Office Websites (VOWs) (Revised 2016)

Professional Standards Manual. Trading Services

REAL ESTATE PROFESSIONALS ERRORS AND OMISSIONS INSURANCE APPLICATION

VIRTUAL OFFICE WEBSITE (VOW) POLICY

ADMINISTRATIVE RULES OF THE VERMONT REAL ESTATE COMMISSION

IDX and VOW Rules and Regulations

Policy governing use of MLS data in connection with Internet brokerage services offered by MLS Participants ( Virtual Office Websites )

Broker Compliance Evaluation. Manual

Broker. Opening a Real Estate Office. Chapter 2. Copyright Gold Coast Schools 1

ROGER K. SHERRILL, R.E. TUTOR, ALL TRUE NEVADA LAW

ATLANTA COMMERCIAL BOARD OF REALTORS, INC. EXCLUSIVE LISTING AGREEMENT FOR SALE OF REAL PROPERTY

DULUTH AREA ASSOCIATION OF REALTORS, INC. AND MINNESOTA ARROWHEAD MLS MULTIPLE LISTING SERVICES RULES AND REGULATIONS RELATING TO IDX AND VOWS

INDEPENDENT CONTRACTOR AGREEMENT (Between Broker and Licensee)

The Georgia Brokerage Relationships in Real Estate Transactions Act

Real Estate Brokerage Laws and Customs: Vermont

TEXAS ASSOCIATION OF REALTORS INDEPENDENT CONTRACTOR AGREEMENT FOR SALES ASSOCIATE. Robyn Jones Homes, LLC

Published by the Real Estate Council of Ontario. Copyright September 2011 RECO. Advertising Guidelines

KREC HOTLINE FAQs ADVERTISING REQUIREMENTS

Texas Real Estate Commission Chapter 535, GENERAL PROVISIONS Rules Adopted at the November 15, 2010 Commission Meeting

Illinois Real Estate License Act - Administrative Rules

a. a person offering or selling a security as defined in Section 2 of Title 71 of the Oklahoma Statutes if:

QUESTIONS AND ANSWERS REGARDING DISCLOSURE OF AGENCY

ILLINOIS CREDIT REPAIR LAWS

20 CSR Place of Business CSR Broker Supervision and Improper Use of License and Office...3

R162-2c-201. Licensing and Registration Procedures.

The Mortgage Brokerages and Mortgage Administrators Act

A DVERTISING GUIDELINES R EAL ESTATE COUNCIL OF A LBERTA. Suite 350, 4954 Richard Road SW, Calgary, AB T3E 6L1.

ADVERTISING CHECKLIST for REAL ESTATE BROKERS and BRANCH OFFICE MANAGERS and REAL ESTATE AGENTS

MLS, INC. Definitions

Model Brokerage Policies and Procedures

DEPARTMENT OF REGULATORY AGENCIES DIVISION OF REAL ESTATE REAL ESTATE COMMISSION 4 CCR 725-1

SOUTH CAROLINA. EXCLUSIVE RIGH`T TO REPRESENT BUYER Buyer Agency Agreement [Consult "Guidelines" (Form 201G) for guidance in completing this form]

Consumer Collection Agencies

Virtual Office Websites ( VOWs )

ARCHIVE. Table of Contents Rules Pursuant to the Idaho Residential Mortgage Practices Act

CERTIFIED PUBLIC ACCOUNTANT LICENSING ACT

SENATE STAFF ANALYSIS AND ECONOMIC IMPACT STATEMENT

MODEL POLICY CONCERNING SOLICITATIONS SENT BY

211 CMR: DIVISION OF INSURANCE 211 CMR : INSURANCE SALES BY BANKS AND CREDIT UNIONS

254 CMR: BOARD OF REGISTRATION OF REAL ESTATE BROKERS AND SALESMEN 254 CMR 3.00: PROFESSIONAL STANDARDS OF PRACTICE. Section

NEW YORK CITY TAXI AND LIMOUSINE COMMISSION. Notice of Public Hearing and Opportunity to Comment on Proposed Rules

Effective 4/9/10 NY v4 VIRTUAL OFFICE WEBSITE AGREEMENT

Real Estate Agents Act (Professional Conduct and Client Care) Rules 2012

Nebraska Loan Broker Act Chapter 45, Article 1, Section f to

TEXAS MORTGAGE BROKER LICENSE ACT

Title 09 DEPARTMENT OF LABOR, LICENSING, AND REGULATION. Real Estate Empower, Inc.

Part 1: Principal Broker Supervisory Duties and Best Practices (2 hours)

KAWASAKI MOTORS CORP., U.S.A. WEBSITE LINKING AGREEMENT

USE OF THE WORDS INSURANCE, ASSURANCE AND SIMILAR WORDS IN NAMES OF INSURANCE AGENCIES AND ADJUSTERS SECTION 31 OF THE FINANCIAL INSTITUTIONS ACT

RULES AND REGULATIONS FOR VEHICLE SERVICE CONTRACTS

LOUISIANA REVISED STATUTES TITLE 9. CIVIL CODE BOOK III OF THE DIFFERENT MODES OF ACQUIRING THE OWNERSHIP OF THINGS CODE TITLE VII SALE

INDEPENDENT CONTRACTOR AGREEMENT (Between Broker and Associate-Licensee) (C.A.R. Form ICA, Revised 2/15)

16 SB 158/AP. Senate Bill 158 By: Senators Burke of the 11th, Kirk of the 13th, Watson of the 1st, Hill of the 6th and McKoon of the 29th

The Credit Reporting Act

WHAT WE HEARD Feedback from the Public Consultation on the legislation that regulates The Real Estate Industry in Newfoundland and Labrador

LICENSE LAW AND COMMISSION RULES PRACTICE EXAM

DIVISION OF CORPORATIONS, BUSINESS AND PROFESSIONAL LICENSING

HOUSE BILL No page 2

Greenwich Insurance Company

Title 9-A: MAINE CONSUMER CREDIT CODE

AGREEMENT AND TERMS OF USE

Prepared By: The Professional Staff of the Committee on Banking and Insurance REVISED:

Q: Can my broker have different advertising requirements than those found in the advertising regulations?

VIRTUAL OFFICE WEBSITE LICENSE AGREEMENT

Chapter EDITION. Accountants; Tax Consultants and Preparers

Core B: Legal Issues in Real Estate Today Sample Exam

Division of Professional Regulation. Real Estate Frequently Asked Questions INTRODUCTION

CREDIT REPAIR ORGANIZATIONS ACT 15 U.S.C et. seq.

Division of Real Estate. Real Estate Frequently Asked Questions INTRODUCTION

REGULATION CONCERNING GOOD-FAITH TEMPORARY REGISTRATION FOR MORTGAGE BROKERS. [Eff. 09/30/2007]

Arkansas State Board of Public Accountancy

Suggested National Do-Not-Call Registry Policy

RULE. Office of the Governor Real Estate Appraisers Board. Appraisal Management Companies (LAC 46:LXVII.Chapters )

MRMLS LISTING INFORMATION LICENSE AGREEMENT

Frequently Asked Questions Short Sale Negotiators & Foreclosure Consultants

Comparison of Newly Adopted Rhode Island Rules of Professional Conduct with ABA Model Rules RHODE ISLAND

Electronic Security Association, Inc. Code of Ethics and Standards of Conduct Amended May 14, 2010 by Executive Committee

GENERAL INFORMATION. Telephone Number: Fax Number: Address: Web Address:

CREDIT REPAIR SERVICES (California Civil Code et seq.; 15 U.S.C.A et seq.)

ADVERTISING GUIDELINES

CODE OF CONDUCT FOR AGENTS AND SALES REPRESENTATIVES 2011

Governing Real Estate Licenses

Division of Real Estate: Broker Management CE Course Curriculum

NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES PROPOSED 23 NYCRR DEBT COLLECTION

Client Rebate Agreement

F-3) LICENSEE MUST RESPOND TO COMPLAINT OR AUDIT NOTICE IN WRITING.

INTERNET DISPLAY GUIDELINES

STATE OF ILLINOIS DEPARTMENT OF FINANCIAL & PROFESSIONAL REGULATION DIVISION OF FINANCIAL INSTITUTIONS

DEPARTMENT OF LAW. Collection Agency Board COLORADO COLLECTION AGENCY BOARD RULES 4 CCR Scope of Rules

Bonita Springs Estero Association of REALTORS Policy: Member s Use of Social Media in the Real Estate Business

Crawford Chondon &Partners LLP. Is your Business Ready for Canada s Anti Spam Law?

1. TYPE OF PROPERTY: Residential (improved and unimproved) Commercial (improved and unimproved) Other (a) General Location: (b) Other:

Case 0:15-cv WJZ Document 6-2 Entered on FLSD Docket 03/03/2015 Page 1 of 21

The 2012 Florida Statutes

SOFTWARE LICENSE AND NON-DISCLOSURE AGREEMENT

Title 10: COMMERCE AND TRADE

The P.A. MANUAL. Your key to working with licensed and unlicensed real estate personal assistants ILLINOIS ASSOCIATION OF REALTORS

LOT IH-35, Round Rock.980 Acre: $554, LOT IH-35, Round Rock, TX.980 Acre: $554,955.00

Transcription:

61J2-10.025 Advertising. (1) All advertising must be in a manner in which reasonable persons would know they are dealing with a real estate licensee. All real estate advertisements must include the licensed name of the brokerage firm. No real estate advertisement placed or caused to be placed by a licensee shall be fraudulent, false, deceptive or misleading. (2) When the licensee s personal name appears in the advertisement, at the very least the licensee s last name must be used in the manner in which it is registered with the Commission. (3)(a) When advertising on a site on the Internet, the brokerage firm name as required in subsection (1) above shall be placed adjacent to or immediately above or below the point of contact information. Point of contact information refers to any means by which to contact the brokerage firm or individual licensee including mailing address(es), physical street address(es), e-mail address(es), telephone number(s) or facsimile telephone number(s). (b) The remaining requirements of subsections (1) and (2) apply to advertising on a site on the Internet. Specific Authority 120.53, 475.05, 475.25(1)(c) FS. Law Implemented 475.01, 475.25, 475.42, 475.421, 475.4511 FS. History New 1-1-80, Amended 2-17-81, 3-14-85, Formerly 21V-10.25, Amended 12-29-91, 7-20-93, Formerly 21V-10.025, Amended 4-18-99, 7-4-06, 2-5-07.

Team Advertising Research As of March 1, 2016 There are currently six jurisdictions that have some kind of statute and/or rule that directly address Team Advertising. They are: British Columbia Colorado Louisiana Maine Maryland Oregon Below is by jurisdiction and their statute/rule regarding teams: British Columbia: (VI) Teams and Agency Some licensees operate as teams. Whether under designated agency or brokerage agency, members of these teams typically share information with respect to the various persons to whom they provide real estate services. That is the essence of the team concept. As a result, these teams are not able to separate their agency relationships, whether under brokerage agency or under designated agency. For example, if John Smith and Wendy Chang are a team, John cannot act as designated agent for the seller and Wendy as designated agent for the buyer in relation to the same trade. The team may be able to treat one or the other as a customer so long as an agency relationship hasn t already been established with that person. Otherwise, the team will have to seek the consent of both clients to act as limited dual agents. Colorado: Rule E. Separate Accounts Records Accountings - Investigations E-8. Advertising (a) Names 1. Pursuant to C.R.S. 12-61-103(10), no broker shall be licensed to conduct real estate brokerage services under more than one brokerage firm, and no broker or brokerage firm shall conduct or promote a real estate brokerage business except in the name under which that broker or brokerage firm is licensed. However, a brokerage firm may use a trade name in addition to or instead of the brokerage firm s legal name with the permission of the owner of such trade name. The trade name must be filed with the Commission. 2. No broker shall advertise so as to mislead the public concerning the identity of the broker or the broker s brokerage firm.

Page 2 Colorado continued: 3. All advertising must be done clearly and conspicuously in the name of the broker s brokerage firm. A broker who advertises property owned by the broker which is not listed for sale or lease with the broker s brokerage firm, is exempt from advertising the broker s property in the broker s brokerage firm s name. 4. A brokerage firm may use a trademark in conjunction with the brokerage firm s legal name or trade name with permission of the owner of such trademark. 5. A brokerage firm that uses a trade name or trademark owned by a third party is required to use the following legend, which must appear in a clear and conspicuous manner so as to attract the attention of the public: Each (insert general trade name) brokerage business is independently owned and operated. Upon written request, this legend may be modified with consent of the Commission. 6. No brokerage firm shall use more than one trade name, however upon written request and with the consent of the Commission, a brokerage firm may use more than one trademark. Use of the trademark(s) is only acceptable if the brokerage firm has obtained permission of the registrant of such trademark. 7. No broker or brokerage firm will use a professional designation in advertising unless the broker or brokerage firm is in good standing and the designation is easily verifiable by the public and the Commission. A broker or brokerage firm that advertises an award, membership or achievement must be able to provide verification of the validity of such claims. (b) Teams 1. Brokers who form a team shall not advertise in a manner that misleads the public as to the identity of the team s brokerage firm. Teams are prohibited from using the following terms in the team s name: (i) Realty, (ii) Real estate, (iii) Realtors, (iv) Company, (v) Corporation, (vi) CORP., (vii) INC., (viii) LLC, (ix) LP or LLP (x) Or any other term that would imply a separate entity from the brokerage firm with which the team brokers are licensed. 2. All team advertising must include the legal name or trade name of the brokerage firm. 3. If requested by a consumer, the Commission, another brokerage firm or a broker, the brokerage firm will provide the names of the brokers that belong to any team advertising as being licensed with the brokerage firm. 4. Brokers may not allow the use of the team name to other brokers outside the team s brokerage firm.

Page 3 Colorado continued: (c) Internet 1. The broker is responsible for ensuring that all advertising is accurate and complies with copyright laws. 2. When a broker owns a website or controls its content, every viewable page must include the broker s name, or if applicable the team name and the broker s brokerage firm name. Any expired listings must be removed from the broker s website within three days of the listing expiring. 3. If a broker authorizes a third party to advertise on behalf of the broker, the broker is responsible for ensuring that the information provided to such third party is accurate. The broker must submit a written request to the third party to have an expired listing removed from the website within three days of the listing expiring. 4. A broker, who communicates through email, chat, instant messages, newsgroups, discussion lists, bulletin boards, blogs or other similar means for purposes of advertising the broker s real estate brokerage services must use the broker s name, or if applicable the team name, and the name of the broker s brokerage firm. However, once a broker has disclosed the broker s name and the broker s brokerage firm to a specific client or customer, the broker is not required to continue to make the same disclosure to the specific client or customer. 5. When it is not reasonable for a broker to disclose the broker s name, or if applicable the team name, and brokerage firm name in electronic advertising because space is limited (i.e. Twitter, Facebook, Youtube, banner advertisements, etc.), the broker will disclose clearly and conspicuously on the broker s webpage to which the advertising links, within the first click of the mouse. Louisiana: Chapter 19. Real Estate Teams and Groups 1901. Definitions A. For the purpose of this Chapter, team or group shall mean a collective name used by two or more real estate licensees, who represent themselves to the public as a part of one entity that performs real estate license activities under the supervision of the same sponsoring broker. 1903. Sponsorship A. Team or group members shall be sponsored by the same broker and, if applicable, shall conduct all real estate license activity from the office or branch office where their individual license is held. B. Licensees shall not form a team or group without written approval from the sponsoring broker. C. The sponsoring broker shall designate a member of each approved team or group as the Page 4

Louisiana continued: contact member responsible for all communications between the broker and the team. 1905. Team or Group Names A. Team or group names shall not contain terms that could lead the public to believe that the team or group is offering real estate brokerage services independent of the sponsoring broker. These terms shall include, but are not limited to: 1. real estate; 2. brokerage or real estate brokerage; 3. realty; 4. company. 1907. Team or Group Leaders A. The sponsoring broker shall be responsible for all license activity of team or group members sponsored by the broker. B. The designated contact member of each team or group shall maintain a current list of all team or group members, which shall be provided to the sponsoring broker upon formation of the team or group and immediately upon any change thereafter. C. A current record of all team or group names, and the members thereof, shall be maintained by the sponsoring broker in a manner that can be made readily available to the LREC upon request, including record inspections. 1909. Team Advertising A. A team or group name shall not be used in advertising without the written approval of the sponsoring broker. B. The term "team" or "group" may be used to advertise real estate license activities provided that: 1. the use of the term does not constitute the unlawful use of a trade name and is not deceptively similar to a name under which any other person or entity is lawfully doing business; 2. the team or group is composed of more than one licensee; 3. the advertising complies with all other applicable provisions of this Chapter and LAC 46:LXVII.Chapter 25 of these rules and regulations. C. An unlicensed person shall not be named, acknowledged, referred to, or otherwise included in any team or group advertising.

Page 5 Louisiana continued: 1911. Disputes A. The commission shall not intervene or become otherwise involved in team or group disputes, including those pertaining to financial obligations that are the result of a business relationship between a team or group, team or group member, branch manager, sponsoring broker, or any combination thereof, including the payment of commissions and dues to professional organizations. Such disputes shall be settled by the respective parties or by a court of competent jurisdiction. Chapter 25. Advertising; Disclosures; Representations 2501. Disclosures and Representations E. A group or team name may be used in an advertisement only with the approval of the sponsoring broker. Any person listed as a group or team member in the advertisement must be a licensee sponsored by the sponsoring broker. G. If allowed by the sponsoring broker, the salesperson or associate broker may include in the advertisement: 3. a group or team name, as long as the advertising complies with all other applicable provisions of this Chapter and LAC 46:LXVII.Chapter 19 of these rules and regulations; and 4. a slogan that may not be construed as that of a company name. Maine: 1. Advertising 4-A. Advertising by Real Estate Brokerage Agencies Real estate brokerage advertisements must contain the trade name as licensed by the Commission of the real estate brokerage agency that placed the advertisement. The trade name of the agency must be prominently displayed or presented. In an advertisement that appears on or is sent via the Internet, the trade name of the agency that placed the advertisement must prominently appear or be readily accessible. In addition, the designated broker may authorize an advertisement that includes the name, telephone number, slogan, logotype or photo of an affiliated licensee or group or team of affiliated licensees as part of the brokerage services being offered by the real estate brokerage agency. The affiliated licensee or group or

team of affiliated licensees may not independently engage in real estate brokerage. Page 6 Maryland: PART V. PROVISION OF REAL ESTATE BROKERAGE SERVICES THROUGH A TEAM Md. BUSINESS OCCUPATIONS AND PROFESSIONS Code Ann. 17-548 (2014) 17-548. Conducting of real estate brokerage activities Team members must conduct all real estate brokerage activities from the office or branch office where their licenses are displayed as provided in 17-317 of this title. *Oregon: OAR 863-015-0125(11): (11) A licensee may use the term team or group to advertise if: (a) The use of the term does not constitute the unlawful use of a trade name and is not deceptively similar to a name under which any other person is lawfully doing business; (b) The team or group includes at least one real estate licensee; (c) The licensee members of the team or group are associated with the same principal broker or property manager; (d) The licensee members of the team or group use each licensee s licensed name as required under section (3) of this rule; (e) If any non-licensed individuals are named in the advertising, the advertising must clearly state which individuals are real estate licensees and which ones are not; and (f) The advertising complies with all other applicable provisions of ORS chapter 696 and its implementing rules. * The following are comments from Oregon: Comment: Complaints that we receive regarding the use of these terms have much to do with the prominence of the Team or Group name in relationship to the registered business name by which the licensee is associated. i.e. a yard sign which advertises a Team or Group name where the registered business name is less than 1/3 of the overall signage. Our laws describe this notice to the public as Prominently displayed, immediately noticeable, and conspicuous in all advertising. The ambiguity of these words and their interpretation may possibly lead some to have a difference of opinion in determining whether an licensee is within compliance or not, leading to complaints that at times end in closed cases with no action taken.