Section 6.1.2: Process for Obtaining and Maintaining Waivers

The Participant must at all times provide to Shareholder or subscriber association up-to-date information on all licensees, whether they are subscribers or fee-waived licensees, in each participating office. Each Shareholder or subscribing association will maintain a process for administering subscription waivers; such process must be compliant with these rules and NAR policy.  Upon request from Triad MLS, Shareholder or subscriber association will provide Triad MLS status information regarding fee-waived licensees (i.e., whether a particular licensee is subject to a waiver or is an active subscriber).

In order to obtain and maintain a waiver for any licensee, the Participant and licensee must continue to satisfy the requirements of Section 6.1.1.

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