Substantive contact definition
Substantive contact means contact in which a discussion or dialogue between the consumer and the associatedsupervised licensee or broker‑in‑charge moves from casual introductory talk to a meaningful conversation regarding the selling or buying motives or objectives of the seller or buyer, financial qualifications, and other confidential information that if disclosed could harm the consumer’s bargaining position.
Substantive contact means any contact to or from a Regulatory Authority that is not an Administrative Contact.
Substantive contact means contact in which a discussion or dialogue between the consumer and the associated licensee moves from casual introductory talk to a meaningful conversation regarding the selling or buying motives or objectives of the seller or buyer, financial qualifications and other confidential information that if
More Definitions of Substantive contact
Substantive contact means that point in any conversation where confidential information is solicited or received. This includes any specific financial qualifications of the consumer or the motives or objectives in which the consumer may divulge any confidential, personal, or financial information, which, if disclosed to the other party to the transaction, could harm the party's bargaining position. This includes any electronic contact, electronic mail, or any other form of electronic transmission. Added by Acts 1997, No. 31, § 1, eff. March 1, 1998. Amended by Acts 1999, No. 452, §1, Acts 2010, No. 247, §1