Failure to place a property in Released status

Compliance Guidelines:

SECTION 5: SERIOUS VIOLATIONS
7. – Failure to place a property in Released status when a listing agreement has been terminated by the broker and seller(s);

Fines for Serious Violations are as follows:
• First Infraction: Warning notification
• Second Infraction: $250.00 fine
• Third Infraction: $500.00 fine; and referral to MLS Board of Directors for review and discipline if applicable.

Governing Documents

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