Common use of Board of Realtors Clause in Contracts

Board of Realtors. If Broker (now or in the future) belongs to any Board of Realtors which requires that (as a condition of Broker’s membership) all of those associated with Broker must belong, then Associate agrees to immediately apply for and maintain membership and pay (when due) all dues or other charges levied by such Board. In the event of Associate’s failure to do so, Broker may terminate this Agreement and/or deduct required dues or charges from the next commission or other monies due Associate.

Board of Realtors. If Broker (now or in the future) belongs to any Board of Realtors which requires that (as a condition of Broker’s 's membership) all of those associated with Broker must belong, then Associate agrees to immediately apply for and maintain membership and pay (when due) all dues or other charges levied by such Board. In the event of Associate’s 's failure to do so, Broker may terminate this Agreement and/or deduct required dues or charges from the next commission or other monies due Associate.