NOTICE: READ THIS INSTRUCTIONS CAREFULLY BEFORE FILLING OUT THE REQUEST!
When to use this Form to make a request? This form can be used to request broker’s approval for MLS FEE WAIVER FOR INDIVIDUAL LICENSEE NOT UTILIZING ANY MLS SERVICES. Licensee acknowledges that utilization of the NTREIS MLS is further defined, but not limited to, the following actions:
Use of any NTREIS MLS system (on‐line or off‐line) and/or
Offering NTREIS benefits to real property owners.
The approval is not guaranteed and each case will be examined thoroughly by Summit Compliance Team to determine the risks associated with requesting such waiver. Risks are defined as:
State and Federal Regulatory Compliance Risk including NAR rules
Upon approval of the waiver if Licensee (Agent requesting the waiver) utilizes the NTREIS MLS at any time, Licensee agrees to pay an additional individual subscription fee for the current quarter and any other calendar quarter in which the Individual accessed the MLS. The Licensee is further subject to a fine of $50 per day for each individual using the NTREIS MLS, plus any additional fines, dues and payments that may be established by the NTREIS MLS Provider Association.
All Fees are not refundable including the Waiver Application Request (This Form). Approval only valid for 3 months (Quarterly)
Licensee must resubmit and be approved 30 days prior to the quarter ends to receive waiver for following quarter.