the second check box indicates that the buyer has not received the certificate and provides a blank to fill with how many days after the effective date the seller has to provide it. under this option, the buyer may cancel the contract before the sixth day after receiving the certificate by hand-delivering or mailing written notice of cancellation to the seller by certified mail, return receipt requested. the third check box allows for the buyer and seller to agree to waive the resale certificate requirement if the seller provides an affidavit that the information was requested from the association and the association failed to provide the certificate.

an advertisement cannot in any way imply that a sales agent is the person responsible for the operation of a real estate brokerage. a license holder shall not use the license holder’s expertise to the disadvantage of a person with whom the license holder deals. if the license holder is an agent of the buyer, the license holder owes a fiduciary duty to the buyer. a sales agent may not accept compensation for a real estate transaction from anyone other than the broker the sales agent was associated with at the time the commission was earned and may not pay a commission to a person except through the sales agent’s sponsoring broker. a name used in advertising by an associated broker that is not the associated broker’s licensed name must be registered as a team name by the broker he or she is associated with and meet all the requirements for a team name. [trela § 1101.558] yes, if the assumed business name of the associated broker meets the requirements for a team name since a team name must be used when the associated broker is associating with another broker. [rule 535.155(b)(1)]  a broker is not required to directly supervise sponsored sales agents; this responsibility may be delegated to another person with the required level of experience and expertise to provide proper supervision under the law.