Section 12.2.1 Lockbox Ownership
When Lockbox ownership is transferred between Participants and/or Subscribers, the Lockbox purchaser must notify CVR MLS or SCAR, (as appropriate) of the change in ownership. The purchaser of the Lockbox must supply CVR MLS or SCAR with a copy of the “Bill of Sale” from the titled Lockbox owner indicating the Lockbox serial number and shackle code.
ARTICLE 12: SUPRA Lockbox and Keyholder Rules- Section 12.1 Definitions
- Section 12.2 SUPRA Lockbox and Key Services
- Section 12.2.1 Lockbox Ownership
- Section 12.2.2 License to Use
- Section 12.2.3 Use Restrictions
- Section 12.2.4 Refusal to Issue Key and Other Actions
- Section 12.2.5 Security of Lockbox Key and Property Key
- Section 12.2.6 Lost or Stolen Key
- Section 12.2.7 Audit and Inspection
- Section 12.2.8 Violations Related to Ethics Complaints and Arbitration Requests
- Section 12.2.9 Fines and Penalties
- Section 12.2.10 Designated REALTOR® and Key Holder Responsibilities
- Section 12.2.11 PIN and Shackle Code Requests
- Section 12.2.12 Action to Enforce
- Section 12.2.13 Authorization Requirement
- Section 12.2.14 Costs and Fees
- Section 12.2.15 Resale of Lockboxes
- Section 12.2.16 Proper Use of Key System
- Section 12.2.17 Multiple Keys