Any Agreement Between Two Or More Brokers In Competition With One Another To Fix
LIMITATION PERIOD – The law deals with the period within which certain actions must be brought before the courts. PROVISION – The compensation paid to a real estate agent (usually by the seller) for services provided in connection with the sale or exchange of real estate. RENTAL ACCORDING TO AUTHORIZATION – A rental agreement in which a person is in possession of real estate with the permission of the owner for an indefinite or uncertain period, for example. B if a landlord allows a tenant to occupy a property until the sale. TOTAL RENTAL RELATIONSHIP – A special rental relationship between a legitimately married husband and a legitimately married wife, who transfers all ownership of the property into the marital unit, both spouses having an equal and unshared interest in the entire property. INDUSTRIAL PARK – An industrially divided area, which contains sites for many different industries and which is developed and managed as a unit, usually with rules for services common to users. FIXTURE – An item that was once a personal property, but has been attached to the property to become real estate (for example.B. ovens, libraries, sanitary facilities, etc.). When it is established that it is a device, the item is used with the property, although it is not mentioned in the deed. Real estate professionals can limit their exposure to cartel infringement claims by avoiding the behaviors described above as illegal.
In addition, real estate professionals should be aware that the outcome of legal proceedings in general and anti-dominance proceedings in particular does not necessarily depend on the actual facts with regard to allegedly unlawful conduct. On the contrary, the outcome of trials depends entirely on what the judge or jury considers to be the relevant date based on the evidence presented at the hearing. In addition, price agreements or other antitrust conspiracies are rarely created or proven by direct evidence of an agreement. B as a document signed by all parties to the conspiracy. On the contrary, antitrust conspiracies are most often supported by conclusions drawn from competitors` actions, such as.B. private discussions about prices and the subsequent uniformity of prices charged by participants in those discussions. That is why anti-dominant compliance programs aim to avoid conduct that gives the impression of being conspiratorial and to avoid conduct that complements or actually advances that conspiracy. LINE OF CREDIT – A maximum amount of money that a bank lends to one of its most reliable and creditworthy customers, without the need to provide a formal loan. RENTAL AGREEMENT – A written or oral agreement that sets out or modifies the conditions, rules, rules or other provisions relating to the use and occupation of a residential unit and premises; a housing rental contract.
PAYS LEASEBACK – A creative financing tool that is often used with raw land, which a developer wants to improve, where the developer sells the land to an investor who leases the country to the developer as part of a long-term net lease and subordinates his ownership with fees to the lender who provides the development finance. 1) Pricing. In order to avoid any susceptibility to anti-cartel and abuse of a dominant position to price imposition, for example.B. two or more brokers or companies that have agreed to calculate the same commission rate should be real estate companies: – unilaterally set their fees without consultation or discussion with persons related to other competing companies; – ensure that the company`s brokers or sellers, when talking about fees to actual or potential customers, use words that show the auditor that the services have been evaluated independently of one another and that they reasonably avoid words suggesting the different. Sellers who make these statements are seriously endangering themselves and their businesses. Brokers and sellers must learn to explain and, where appropriate, defend their company`s prices and other competitive decisions in terms consistent with competition and not conspiracy. If the company cannot or will not reduce its commission at the request of a customer, the company`s sellers should be willing to draw attention to the value of the services that the customer receives for the fees collected, as well as how these services will most likely lead to a fairly priced transaction in the shortest possible time. . .