Section 12.2.12 Costs and Fees
SentriLock shall assess, and the Authorized User agrees to pay, an annual fee (“User Fee”) for use of the SentriLock Lockbox System. If Authorized User fails to pay the User Fee by the due date, SentriLock may assess a late penalty and/or reactivation fee, and de-activate Authorized User’s service until the fees and late penalty are paid in full.
Authorized User shall be responsible for the replacement cost of any lockbox resulting from failure of care and/or in relation to a violation of any CVR MLS rule, including boxes that are lost, intentionally destroyed, or disposed of. Invoices issued to agents under this Section shall be considered compliance matters subject to Article 9 of these CVR MLS Rules and Regulations
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 Designated REALTOR® and 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