Annually, NAR requires the Designated REALTOR® of each firm to disclose the names of all licensees and officers in the corporation, LLC or partners in a partnership. The Association's Bylaws, Article VI, Section 14 states:
Section 14. Certification by REALTOR®. "Designated" REALTOR® Members of the Association shall certify during the month of February in such manner as is specified in its Policy Manual, a complete listing of all individuals licensed or certified in the REALTOR'S® office(s) and shall designate a primary Association for each individual who holds membership. Designated REALTORS® shall also identify any non-member licensees in the REALTOR®'s office(s) and if Designated REALTOR® dues have been paid to another Board or Association based on said non-member licensee(s), the Designated REALTOR® shall identify the Board or Association to which dues have been remitted. These declarations shall be used for purposes of calculating dues under Article X, Section 2 (a) of the Bylaws. Designated REALTOR® Members shall also notify the Association of any additional individual(s) licensed or certified with the firm(s) within three (3) business days of the date of affiliation or severance of the individual. Designated REALTORS® may be assessed a fine, as established by the Board of Directors for failure to comply with this section.
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