(c) The Participant will keep all forms signed via the Seller`s Opt-out for at least one year from the date of their signature or one year from the date on which the advertisement is withdrawn from the market, whichever is higher. Boards of directors and multiple registration services may refuse to sell or rent key boxes, terminate existing key leases, and refuse to activate or reactivate keys held by a person convicted of a felony or misdemeanour if, as determined by the board of directors or MLS, the offense involves the real estate business or employs customers. Vulnerable clients or other real estate professionals. Boards of directors or multiple registration services may suspend the right of holders of lock key box keys to use key box keys after their arrest and before their conviction for a crime or misdemeanour that, according to the decision of the commission or mlS, concerns real estate activity or endangers customers, clients or other real estate professionals. However, any printed or unprinted form of advertising or any other form of public presentation based, in whole or in part, on information provided by the Service must clearly demonstrate the period during which such claims are substantiated and include the following or substantially similar notice: (h) MlS information available on a VOW must be updated at least every three (3) days. Section 1.14 Lists of Blocked or Excluded Participants If a Participant in the Service is suspended or expelled from the Service for failing to comply with a membership obligation (for example, violation of the Code of Ethics, the Association Council, the MLS Bylaws, MLS Rules and Regulations or any other membership obligation, other than non-payment of fees, reasonable fees or charges), all offers, which are currently subject to the Service, at the option of the suspended or excluded Participant, will be retained in the Service until sale, withdrawal or expiration, and may not be renewed or extended by the Service beyond the date of termination of the registration contract in effect at the time of suspension or exclusion of designation. If a Participant has been suspended or excluded from the Board or the Service (or both) because it has not paid the relevant fees, charges or charges, an MLS of the Board will have no obligation to provide MLS Services, including the continued inclusion of the suspended or excluded Participant`s entries in the compilation of the Services of the current Registration Information. Prior to any deletion of the entries of a suspended or excluded participant from the Service, the suspended or excluded participant must be informed in writing of the planned deletion so that the suspended or excluded participant can inform its customers. Section 12.1 Display Participants and persons associated with such Participants as Licensees may only display the Compilation of Multiple Listing Services to potential buyers in the course of their normal business activities by attempting to find buyers who are ready, willing and competent for the properties described in this compilation of Multiple Listing Services. This does not prevent the listing broker from offering mlS participant compensation other than the remuneration specified in its announcements published by the Service, provided that the listing broker notifies the other broker in writing of the submission of an offer to purchase and provided that the change in the specified remuneration is not the result of an agreement between all participants or other participants in the service. Any offer of replacement compensation must be expressed either as a percentage of the gross selling price or as a lump sum of dollars. g) Participants and subscribers indicate on their websites that the information provided is intended for the personal and non-commercial use of the consumer and may not be used for purposes other than the identification of potential real estate that consumers may be interested in purchasing. MLS Information may not be transmitted, in whole or in part, electronically or otherwise to any service outside or within the Internet, unless such transmission is authorized and controlled by NJMLS, Inc.
The Participant must request this electronic transmission in writing to the Director of the NJMLS in a form acceptable to the NJMLS. If a participant does not receive written authorization for this transfer and a transfer takes place, he or she will be fined up to $1,000 per day for a total not exceeding $5,000. 10. The buyer acknowledges receipt of consumer information about real estate relationships in New Jersey. “These properties have been listed and sold by various NJMLS participants based on information from the New Jersey Multiple Listing Service, Inc. for the period (date) to (date).” (l) Offers, including real estate addresses, may be included in IDX postings, unless a seller has requested its listing broker to refuse its listing or the listing real estate address of any posting on the Internet (including, but not limited to, publicly available websites or VOW) or other electronic forms of posting or distribution. . . .