Section 12.2.13 Resale, Return and Transfer of Lockboxes

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, the 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 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 Lockboxes must be completed within ten (10) business 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

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