Article 8: SERVICE FEES AND CHARGES

Section 8.1 Firm Application Fee

A firm application fee is required for all new firms and branch office applications.

Section 8.2 Quarterly Fee

Quarterly service fees are assessed, in advance, for each Participant, Subscriber and Administrative User access subscription. Service fees are due upon posting to the User’s online account. If service fees are not paid by 5:00 PM on the last day of the month in which the fees are posted, User service access will be terminated.

Section 8.3 Re-Application Fee

A re-application fee will be assessed for any Participant or Subscriber who re-applies for CVR MLS access following termination. If a terminated Participant re-applies for re-activation of CVR MLS access, a new firm fee will be required in addition to the Participants re-activation fee.

Section 8.4 Additional Fees

Other fees and charges for CVR MLS access and services may apply. Fees and charges are established by the CVR MLS Board of Directors and published in the CVR MLS Schedule of Fees and Charges.

Section 8.7 Unpaid Fines

If a Participant or Subscribers MLS access is terminated (whether voluntary or involuntary) and there are outstanding fines owed by the Participant or Subscriber, all fines must be paid in full before an application to restore MLS access will be processed.

Section 8.5 Fee Increases

Service fees may be increased from time-to-time at the sole discretion of the CVR MLS Board of Directors.

Section 8.6 Voluntary Service Termination

A Participant’s or Subscriber’s voluntary termination of CVR MLS access shall become effective when written notice is received by CVR MLS.

Section 8.8 Listings of Terminated Subscribers

If a Subscribers CVR MLS service access is terminated for failure to pay applicable fees, fines or charges and the Subscriber has active Listings in the system, the Participant holding the terminated Subscribers license shall within ten (10) days of notification of termination of the Subscriber service designate a new Subscriber for the active Listings. In the event the Principal Broker Participant does not designate a new Subscriber, the active Listings will be placed in the name of the Participant.

Section 8.9 Listings of Terminated Participants

If a Participant has been terminated from membership with one of the REALTOR® Associations affiliated CVR MLS and/or failure to pay appropriate dues, fees, fines or charges, CVR MLS is not obligated to provide MLS services, including continued inclusion of the Terminated Participant’s Listings in the MLS compilation of current Listing information. Prior to any removal of a Terminated Participant’s Listings from the MLS, the terminated Participant will receive ten (10) days written notice of the intended removal so that the terminated Participant may advise his clients.

In the event a Participant services are terminated, access for all access for Subscribers affiliated with the terminated Participant will be terminated.

Section 8.10 Listings of Suspended Participants

When a CVR MLS Participant is suspended from CVR MLS for failing to abide by a membership duty (i.e., violation of the Code of Ethics, association bylaws, MLS bylaws, MLS rules and regulations, or other membership obligation except failure to pay appropriate dues, fees, or charges), all Listings currently filed with the MLS by the suspended Participant shall, at the Participant’s option, be retained in the service until sold, withdrawn or expired, and shall not be renewed or extended by CVR MLS beyond the termination date of the Listing agreement in effect when the suspension became effective. Participants whose MLS access is suspended are not entitled to refund or credit of service fees for the period of time they do not have access to the CVR MLS system.

Section 8.11 Listings of Suspended Subscribers

When a CVR MLS Subscriber is suspended from CVR MLS for failure to abide by a membership duty (i.e., violation of the Code of Ethics, association bylaws, MLS bylaws, MLS rules and regulations, or other membership obligation except failure to pay appropriate dues, fees, or charges), the affiliated Principal Broker/Participant shall receive ten (10) days notice to designate an active Subscriber as the Listing agent for all listings in the name of the Suspended Subscriber. In the event the Principal Broker/Participant does not designate a new Subscriber, the active Listings will be placed in the name of the Participant. Subscribers whose MLS access is suspended are not entitled to refund or credit of service fees for the period of time they do not have access to the CVR MLS system.

Section 8.12 Listings of Expelled Participants

When a CVR MLS Participant is expelled from the MLS for failing to abide by a membership duty (i.e., violation of the Code of Ethics, association bylaws, MLS bylaws, MLS rules and regulations, or other membership obligations except failure to pay appropriate dues, fees, or charges), all Listings currently filed with the MLS by the expelled Participant shall, at the Participant’s option, be retained in the service until sold, withdrawn, or expired, and shall not be renewed or extended by CVR MLS beyond the termination date of the Listing Agreement in effect when the expulsion became effective. If a Participant has been expelled from the association (except where MLS participation without association membership is permitted by law) or MLS (or both) for failure to pay appropriate dues, fees, or charges, an association MLS is not obligated to provide MLS services, including continued inclusion of the expelled Participant’s Listings in the MLS compilation of current Listing information. Prior to any removal of an expelled Participant’s Listings from the MLS, the expelled Participant will receive ten (10) days written notice of the intended removal so that the expelled Participant may advise his clients.