Common use of Multiple Listing Service Clause in Contracts

Multiple Listing Service. (MLS). A service or entity as defined in California Civil Code, Section 1087, and collects and disseminates information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Service may also include, without limitation, the provision of data processing, technical support, consulting and other information technology services to real estate brokers and appraisers in connection with the sale and appraisal of real property. MLS Data. The compilation of data and content relating to real estate entered into the MLS database by the MLS Participants and Subscribers of the Bay East Association of REALTORS® MLS (BEAR), the Contra Costa Association of REALTORS® MLS (CCAR), and East Bay Regional Data, Inc. (EBRDI) and protected under copyright law. Participant. A Broker Participant (often the Designated Broker for a firm) is defined as any individual broker who applies and is accepted by the MLS and meets the requirements listed in the Association’s MLS Rules and Regulations. Receiving Party. A Participant, Subscriber or their Consultant or any one of them acting in accordance with the Association’s MLS IDX Rules and Regulations.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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