Section 12.2.4 Refusal to Issue Key and Other Actions

a.)CVR MLS may (i) refuse to issue a Key to any person, (ii) terminate or suspend the Holder’s use of a Key or the Lockbox System, (iii) refuse to activate or reactivate any Key, (iv) refuse to sell or lease any Lockboxes or Keys, (v) subject the Holder and/or DR to such fines and other penalties as determined by Bylaws, Rules & Regulations and policies of CVR MLS, as a result of any one or more of the following events:

1. Termination of Holder’s affiliation with an eligible Participant
2. Failure of Holder to pay all fees set forth in this document or other fees assessed against Holder pursuant to the CVR MLS Rules & Regulations, and policies;
3. Failure of Holder to comply with any of the terms and conditions set forth herein, including but not limited to, the provisions for security in Section 12.2.5, or the CVR MLS Bylaws, Rules & Regulations and policies; or
4. If Holder or DR is convicted of any felony or a misdemeanor relating to the real estate business or poses a potential risk to clients, customers, or other real estate professionals.

b.)CVR MLS may summarily suspend a Holder’s use of a Key or the Lockbox System if Holder or DR is arrested for any felony or a misdemeanor relating to the real estate business or poses a potential risk to clients, customers, or other real estate professionals. In the exercising this right, CVR MLS shall afford such due process as it deems in its discretion, fair and feasible in light of the circumstances. CVR MLS shall seek to minimize any period of suspension prior to an opportunity for a hearing on the issue of whether the Holder engaged in the conduct for which Holder was arrested and whether such conduct relates to the real estate business or poses a potential risk to clients, customers or other real estate professionals.

c.)CVR MLS may consider the following factors, along with any other relevant information, in determining any action taken with respect to items a and b. above:

1. the nature and seriousness of the crime;
2. the relationship of the crime to the purposes for limiting Lockbox access;
3. the extent to which access (or continued access) to Lockboxes might afford opportunities to engage in criminal activity;
4. the extent and nature of any prior convictions;
5. the time since criminal activity was engaged in;
6. evidence of rehabilitation while incarcerated or following release; and
7. evidence of present fitness to hold a Key.

ARTICLE 12: SUPRA Lockbox and Keyholder Rules

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