Section 7.1: Compliance With Rules

Compliance With Rules

The following action may be taken for noncompliance with the rules:

 (A)      For Shareholder/Subscriber Associations for failure to pay any service charges, fees or fines as provided under Section 6 (B) and provided that at least ten days’ notice has been given by registered mail with return receipt requested, the service to the Shareholder or to those Associations of REALTORS® who subscribe to the Service shall be suspended and a 1 ½% service charge added to the unpaid balance until the service changes or fees are paid in full.

(B)       For Participants or subscribers/users for failure to comply with any other rule, the provisions of Sections 9 and 9.1 shall apply.

(C)       At no time may any Shareholder or any Participant sign any agreement, contract, license, etc., which in any way allows access to any person(s) who downloads the data for the purpose of manipulating the raw data into any other form other than those specifically licensed by the Board of Directors of the Triad Multiple Listing Service, Inc.

Note: Generally, warning, censure, and the imposition of a moderate fine are sufficient to constitute a deterrent to violation of the rules and regulations of the multiple listing service. Suspension or termination is an extreme sanction to be used in cases of extreme or repeated violation of the rules and regulations of the service. Triad MLS’s fines are established in Compliance Fee Schedule.


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