Section 12.2.13 Resale, Return and Transfer of Lockboxes
CVR MLS owned Lockboxes may be not be sold between CVR MLS Participants and Subscribers, if an Authorized User discontinues participation in CVR MLS and/or the Lockbox System, whether voluntary or involuntary, such registered lockboxes shall either be transferred to a CVR MLS Authorized User or returned to CVR MLS.
CVR MLS reserves the right to request the return of any CVR MLS owned Lockbox from an Authorized User, if it has been determined that the lockbox is not in current use on an active CVR MLS listing. Requests for returns of such Lockboxes must be completed within ten (10) days. Failure to return a lockbox under this Section shall be deemed a lockbox violation and subject to fines set forth in Section 12.2.8
ARTICLE 12: SENTRILOCK® LOCKBOX SERVICES AUTHORIZED USER RULES
- Section 12.1 Definitions
- Section 12.2 SentriLock Lockbox Services
- Section 12.2.1 Lockbox Ownership
- Section 12.2.2 Authorization to Use
- Section 12.2.3 Use Restrictions
- Section 12.2.4 Refusal to Issue Lockbox Services and Other Actions
- Section 12.2.5 Security of Lockbox Key and Property Key
- Section 12.2.6 Lockbox Access to Non-CVR MLS Agents
- Section 12.2.7 Violations Related to Ethics Complaints and Arbitration Requests
- Section 12.2.8 Fines and Penalties
- Section 12.2.9 Authorized User Responsibilities
- Section 12.2.10 Action to Enforce
- Section 12.2.11 Authorization Requirement
- Section 12.2.12 Costs and Fees
- Section 12.2.13 Resale, Return and Transfer of Lockboxes
- Section 12.2.14 Proper Use of Lockbox System