I hereby apply for REALTOR Membership in the Stillwater Board of REALTORS ("SBOR").
Application Fees and Dues: I agree to pay the prorated amount determined by SBOR before my application is approved. I understand that membership brings certain privileges and obligations that require compliance, including the following: I will attend orientation within 30 days of SBOR confirming my membership. Failure to meet this requirement may result in having my membership terminated. Membership in SBOR necessarily means that I am also a member of the Oklahoma Association of REALTORS and National Association of REALTORS and I agree to abide by the Code of Ethics of the National Association, which includes the duty to arbitrate, as well as the Constitution, Bylaws and Rules and Regulations of SBOR, the Oklahoma Association and the National Association. Further, I agree to satisfactorily complete the periodic Code of Ethics training and a reasonable and non-discriminatory written examination on such Code, Constitutions, Bylaws and Rules and Regulations. I acknowledge that as a member of SBOR, I will be licensed to use the REALTOR* trademarksto indicate such membership, and I agree to abide by the rules governing use of those trademarks.I understand that REALTOR® is a federally registered trademark of the National Association and use of this designation is subject to rules promulgated by the National Association. Upon termination of my membership in SBOR for any reason, my license to use the term REALTOR® is automatically revoked and I will immediately discontinue use of the term REALTOR® and all REALTOR® trademarks. I agree as a condition of participation in the SBOR MLS to abide by all relevant MLS Rules and Regulations and other obligations of participation, including payment of fees. I understand that a violation of the Code of Ethics may result in suspension or termination of MLS rights and privileges and that I may be assessed an administrative processing fee not to exceed $500 which may be in addition to any discipline, including fines, that may be imposed. Membership is final only upon approval by the Board of Directors and may be revoked should completion of any membership requirement, such as orientation, not be completed within the timeframe established in SBOR's bylaws. NOTE: The duty to submit to an ethics complaint continues in effect even after membership lapses or is terminated. Any ensuing discipline will be held in abeyance until such time as the respondent rejoins an association of REALTORS (see Code of Ethics and Arbitration Manual, Section 20e). The duty to submit to arbitration continues in effect even after membership lapses or is terminated, provided the dispute arose while the former member was a REALTOR®.