Common use of LISTINGS OF SUSPENDED PARTICIPANTS Clause in Contracts

LISTINGS OF SUSPENDED PARTICIPANTS. When a Participant of the Association is suspended from the MLS for failing to abide by a membership duty (i.e., violation of the Code of Ethics, Association Bylaws, MLS Rules and Regulations, or other membership obligation except failure to pay appropriate dues, fees or charges), all listings currently filed with the MLS by the suspended Participant shall, at the Participant's option, be retained in the Association until sold, withdrawn or expired, and shall not be renewed or extended by the MLS beyond the termination date of the listing agreement in effect when the suspension became effective. If a Participant or subscriber has been suspended from the Association or MLS (or both) for failure to pay appropriate dues, fees or charges, the Association will not be obligated to provide any MLS services to the suspended Participant or subscriber, including continued inclusion of a suspended Participant's listings in the MLS compilation of current listing information. Prior to any removal of a suspended Participant's listings from the MLS, the suspended Participant should be advised in writing of the intended removal so that the suspended Participant may advise his clients.

LISTINGS OF SUSPENDED PARTICIPANTS. When a Participant participant of the Association service is suspended from the MLS for failing to abide by a membership duty (i.e., violation of the Code of Ethics, Association Bylawsassociation bylaws, MLS Rules bylaws, MLS rules and Regulationsregulations, or other membership obligation except failure to pay appropriate dues, fees fees, or charges), all listings currently filed with the MLS by the suspended Participant participant shall, at the Participant's participant’s option, be retained re- tained in the Association service until sold, withdrawn or expired, and shall not be renewed or extended by the MLS beyond the termination date of the listing agreement in effect ef- fect when the suspension became effective. If a Participant or subscriber participant has been suspended from the Association association (except where MLS participation without association mem- bership is permitted by law) or MLS (or both) for failure to pay appropriate dues, fees fees, or charges, the Association will an association MLS is not be obligated to provide any MLS services to the suspended Participant or subscriberservices, including continued inclusion of a the suspended Participant's participant’s listings in the MLS compilation of current listing information. Prior to any removal of a suspended Participant's participant’s listings from the MLS, the suspended Participant participant should be advised advised, in writing writing, of the intended removal so that the suspended Participant participant may advise his clients.

LISTINGS OF SUSPENDED PARTICIPANTS. When a Participant participant of the Association service is suspended from the MLS for failing to abide by a membership duty (i.e., violation of the Code of Ethics, Association Bylawsassociation bylaws, MLS Rules bylaws, MLS rules and Regulationsregulations, or other membership obligation except failure to pay appropriate dues, fees fees, or charges), all listings currently filed with the MLS by the suspended Participant participant shall, at the Participant's participant’s option, be retained in the Association service until sold, withdrawn or expired, and shall not be renewed or extended by the MLS beyond the termination date of the listing agreement in effect when the suspension became effective. If a Participant or subscriber participant has been suspended from the Association association (except where MLS participation without association membership is permitted by law) or MLS (or both) for failure to pay appropriate dues, fees fees, or charges, the Association will an association MLS is not be obligated to provide any MLS services to the suspended Participant or subscriberservices, including continued inclusion of a the suspended Participant's participant’s listings in the MLS compilation of current listing information. Prior to any removal of a suspended Participant's participant’s listings from the MLS, the suspended Participant participant should be advised advised, in writing writing, of the intended removal so that the suspended Participant participant may advise his clients. M 18 Although the Multiple Listing Service does not control commission rates, each listing submitted to the service must include a commission offered to the cooperating broker. Any listing submitted to the service with no commission offered to the cooperating broker will be found to be in violation.

LISTINGS OF SUSPENDED PARTICIPANTS. When a Participant participant of the Association service is suspended from the MLS for failing to abide by a membership duty (i.e., violation of the Code of Ethics, Association Bylawsassociation bylaws, MLS Rules bylaws, MLS rules and Regulationsregulations, or other membership obligation except failure to pay appropriate dues, fees fees, or charges), all listings currently filed with the MLS by the suspended Participant participant shall, at the Participant's participant’s option, be retained in the Association service until sold, withdrawn or expired, and shall not be renewed or extended by the MLS beyond the termination date of the listing agreement in effect when the suspension became effective. If a Participant or subscriber participant has been suspended from the Association association (except where MLS participation without association membership is permitted by law) or MLS (or both) for failure to pay appropriate dues, fees fees, or charges, the Association will an association MLS is not be obligated to provide any MLS services to the suspended Participant or subscriberservices, including continued inclusion of a the suspended Participant's participant’s listings in the MLS compilation of current listing information. Prior to any removal of a suspended Participant's participant’s listings from the MLS, the suspended Participant participant should be advised advised, in writing writing, of the intended removal so that the suspended Participant participant may advise his clients.