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Article X - Dues and Assessments - Section 1

Posted by PRO Thu, 20 Aug 2009 22:55:00 GMT

Section 1. APPLICATION FEE. The Board of Directors may adopt a non-refundable application fee for each class of membership in reasonable amount, not exceeding three (3) times the amount of the annual dues for such membership, which shall be required to accompany each application for such membership and which shall become the property of the Association upon final approval of the application.

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Article X - Dues and Assessments - Section 2 - A

Posted by PRO Thu, 20 Aug 2009 22:57:00 GMT

Section 2. DUES. Annual non-refundable dues of Members shall be as follows:

A. All categories of Membership. Annual dues for all membership classifications except Institute Affiliate members, shall be determined each year by the Board of Directors; such dues to be effective for the ensuing year only.

The Institutes, Societies and Councils of the National Association shall be responsible for collecting and remitting dues to the National Association for Institute Affiliate Members ($75.00). The National Association shall credit $25.00 to the account of this association for each Institute Affiliate Member whose office address is within the assigned territorial jurisdiction of that association, provided, however, if the office location is also within the territorial jurisdiction of a Commercial Overlay Board, the $25.00 amount will be credited to the Commercial Overlay Board, unless the Institute Affiliate Member directs that the dues be distributed to this Association. The National Association shall also credit $25.00 to the account of the state association for each Institute Affiliate Member whose office address is located within the territorial jurisdiction of the state association. No additional entrance, initiation fees or dues for Institute Affiliate Members shall be assessed, but service packages may be provided to which Institute Affiliate Members may voluntarily subscribe.

 

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Article X - Dues and Assessments - Section 2 - B

Posted by PRO Thu, 27 Oct 2011 12:08:00 GMT

B. REALTOR® Members. The annual dues of each Designated REALTOR® member shall be an amount set by the Directors plus an additional amount equal to such amount of annual dues times the number of real estate salespersons and licensed, registered, or certified appraisers who (1) are employed by or affiliated as independent contractors, or who are otherwise directly or indirectly licensed with such REALTOR® member, and (2) are not REALTOR® Members of any Association in the state or a state contiguous thereto or Institute Affiliate Members of the Association. Designated REALTOR® members shall report all new licensees or certified, registered, or licensed appraisers employed by or affiliated as independent contractors to the Association within thirty days of such affiliation. Failure to report affiliated licensees or appraisers is a breach of membership duty.

In calculating the dues payable to the Association by a Designated REALTOR® Member, non-member licensees as defined in Section 2 of this article shall not be included in the computation of dues if the Designated REALTOR® has paid dues based on said non-member licensees in another Association in the state, or a state contiguous thereto, provided the Designated REALTOR® notifies the Association in writing of the identity of the Association to which dues have been remitted. In the case of a Designated REALTOR® Member in a firm, partnership, or corporation whose business activity is substantially all commercial, any assessments for non-member licensees shall be limited to licensees affiliated with the Designated REALTOR® (as defined in (1) and (2) of this paragraph) in the office where the Designated REALTOR® holds membership, and any other offices of the firm located within the jurisdiction of this Association.

For the purpose of this Section, a REALTOR® member of a Member Association shall be held to be any Member who has a place or places of business within the state or a state contiguous thereto and who, as a principal, partner, corporate officer, or branch office manager of a real estate firm, partnership, or corporation is actively engaged in the real estate profession as defined in Article III, Section 1, of the Constitution of the NATIONAL ASSOCIATION OF REALTORS®. An individual shall be deemed to be licensed with a REALTOR® if the license of the individual is held by the REALTOR®, or by any broker who is licensed or affiliated with the REALTOR®, or by an entity in which the REALTOR® has a direct or indirect ownership interest and which is engaged in other aspects of the real estate business (except as provided for in Section 2. A. hereof) provided that such licensee is not otherwise included in the computation of dues payable by the principal, partner, or corporate officer of the entity.

A REALTOR® with a direct or indirect ownership interest in an entity engaged exclusively in soliciting and/or referring clients and customers to the REALTOR® for consideration on a substantially exclusive basis shall annually file with the association on a form approved by the association a list of the licensees affiliated with that entity and shall certify that all of the licensees affiliated with the entity are solely engaged in referring clients and customers and are not engaged in listing, selling, leasing, renting, managing, counseling or appraising real property. The individuals disclosed on such form shall not be deemed to be licensed with the REALTOR® filing the form for purposes of this Section and shall not be included in calculating the annual dues of the Designated REALTOR®.

The exemption for any licensee included on the certification form shall automatically be revoked upon the individual being engaged in real estate licensed activities (listing, selling, leasing, renting, managing, counseling, or appraising real property) other than referrals, and dues for the current fiscal year shall be payable.

Membership dues shall be prorated for any licensee included on a certification form submitted to the association who during the same calendar year applies for REALTOR® membership in the association. However, membership dues shall not be prorated if the licensee held REALTOR® membership during the preceding calendar year.



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Article X - Dues and Assessments - Section 2 - C

Posted by PRO Thu, 20 Aug 2009 23:15:00 GMT

C. Institute Affiliate Members. The annual dues of each Institute Affiliate Member shall be as established in Article II of the Bylaws of the NATIONAL ASSOCIATION OF REALTORS®.

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Article X - Dues and Assessments - Section 3 - A

Posted by PRO Thu, 20 Aug 2009 23:17:00 GMT

Section 3. DUES PAYABLE

A. Dues for all members shall be payable annually in advance on the first day of December. Dues for new members shall be prorated monthly and shall be computed from the date of application and granting of provisional membership.

 

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Article X - Dues and Assessments - Section 3 - B

Posted by PRO Thu, 20 Aug 2009 23:20:00 GMT

B. In the event a sales licensee or licensed, registered, or certified appraiser who holds REALTOR® membership is dropped for nonpayment of Association dues, and the licensee remains with the Designated REALTOR® firm, the dues obligation of the “Designated” REALTOR® (as set forth in Article X, Section 2B(1) will be increased to reflect the addition of a non-member licensee. Dues shall be calculated from the first day of the current fiscal year and payable within ten (10) days of the notice of termination.

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Article X - Dues and Assessments - Section 4

Posted by PRO Thu, 20 Aug 2009 23:23:00 GMT

Section 4. NON-PAYMENT OF DUES, FEES, FINES, ASSESSMENTS, AND OTHER FINANCIAL OBLIGATIONS. Any member failing to pay any dues, fees, fines, assessments, reinstatement fees, transfer fees, or other charges excluding those payable to MLS, for thirty (30) days after the due date thereof shall be notified of his delinquency. Failure to pay within ten (10) days immediately following such notice shall automatically suspend such delinquent member. All Association services, excluding those provided by MLS, to a suspended member shall cease during the time of such suspension. Following such suspension, such delinquent member shall have fifteen (15) days in which to become reinstated by payment in full of all sums due plus a reinstatement fee in an amount determined by the Board of Directors. Failure to pay within the fifteen (15) day period shall automatically terminate the membership of such delinquent member and all rights hereunder and the suspended member shall be notified of such termination. A former member who has resigned or had his membership terminated may apply for reinstatement in the manner prescribed for new applicants for membership, after making payment in full of all past due accounts as of the date of termination, however, such former member shall not be required to attend orientation if he had been a member of the Association within the prior twelve (12) month period.

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Article X - Dues and Assessments - Section 5

Posted by PRO Thu, 20 Aug 2009 23:27:00 GMT

Section 5. The dues of the REALTOR® Members who are Life Members of the Association or REALTOR® Emeriti (as recognized by the National Association), Past Presidents of the National Association or recipients of the Distinguished Service Award shall be as determined by the Board of Directors.

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Article X - Dues and Assessments - Section 6

Posted by PRO Thu, 24 Sep 2009 01:29:00 GMT

The board of directors by majority vote may implement assessments.

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