Late notice of licensee change
Failing to notice within 72 hours (excepting weekends, holidays and postal holidays) when a licensee who is waived should no longer be waived, including unlicensed personnel who become actively licensed (whether by the NCREC or NCAB).
Automatic Fine - No Courtesy Notice of
$100 or back MLS fees, whichever is more
Late Status Change of Listing
Failure to report a property as pending, the cancellation or resolution of a pending listing, a sold listing or the cancellation of a contingency status to the MLS within 72 hours (excepting weekends, holidays and postal holidays) (BOM 02/07/19) ...
Section 1.4 Change of Status of Listing:
Any change in the listed price or other change in the original listing agreement shall be made only when authorized in writing by the seller and shall be entered into the Service computer within 72 hours (excepting weekends, holidays and postal ...
Failing to change an ascertainable field after being notified to do so
First Notice Courtesy Notice Second Notice $25 Third Notice $50 Fourth Notice $100 and loss of MLS privileges until data is corrected
Section 11.4 Disclaimer of Liability; Copyright Notice.( NAR Section 19.17)
In any display or disclosure of MLS Listing Information (as that term is defined in Section 16.1(d) of these Rules), including oral disclosure and display on a VOW, a Participant shall include a notice indicating that the MLS Listing Information is ...
Exhibit 2: Data Compliance Assurance Policy
Fines are levied per field, not per listing. Upon notice, the MLS Subscriber/ Participant Member has 72 hours (excepting weekends, holidays and postal holidays) by which to correct the data. Staff is authorized to waive compliance on a temporary ...