Conditions out-of Conduct to own Mls Members* (Section 16)
Part fifteen Arbitration of Issues
*Just embrace Section fifteen in the event the association’s Multiple listing service try offered to nonmember professionals (or even qualified individuals who do not keep Real estate agent membership anywhere). If then followed, that it part might not be altered.
From the to get and you can left an associate, for each fellow member agrees so you can arbitrate issues of contractual items and you may questions, and particular non-contractual issues and issues discussed into the Amount of Practice 17-cuatro of your own Password out-of Ethics having Multiple listing service participants in almost any organizations occurring from their relationship because the Mls people susceptible to the following certification:
a) In the event the all of the disputants is actually members of the same organization from Realtors otherwise keeps their prominent bar or nightclub inside same association’s territorial legislation, they should arbitrate pursuant on procedures of that association off REALTORS.
b) In case your disputants is actually members of other connections from Realtors or if its dominating office is situated in territorial jurisdiction of various connections off Realtors, it are nevertheless compelled to arbitrate in accordance with the methods out of the fresh _____ (state organization regarding Real estate professionals). (Revised )
Interboard Arbitration Methods: Arbitration will be held according to people existing interboard contract or, instead, in accordance with the interboard arbitration strategies regarding the Password away from Integrity and you can Arbitration Tips guide of your own National Connection Away from Real estate professionals. Little here should preclude people away from agreeing so you’re able to arbitrate brand new disagreement just before a specific connection off Realtors. (Amended ) Meters