MLS
Dues Billing Policy
Quarterly Fee: $ 78.00 (as of April 1, 2005)
Billing Date: On or before the 15th day of the last month of
the quarter, statements will be prepared and distributed to the
MLS Participants in good standing with the SRCMLS for the following
quarter.
Billing Statement:
Each billing statement will contain the name and address of
the Participant in the SRCMLS along with the invoice number,
due date and total amount due. The total amount due is based
on the total number of subscribers registered with the participant
times the current dues dollar amount. The participant is responsible
for all dues & fees.
Due Date:
Billing statements are due and payable by the date noticed
on the billing statement. (revised 02/02)
Suspension of Service/Late Fees
Billing statements will also contain the date in which SRCMLS
will interrupt service due to non-payment of fees. Payments
not received as of this date will have their service interrupted.
Payments received after this date will be considered past due
and subject to the 10% late fee. (02/02)
On the 1st day of the following month (2nd month of the quarter),
should payment not have been received, the staff is instructed
to suspend the membership and should the participant and/or
subscriber wish to reinstate his/her membership, MLS dues for
the current quarter along with the late fee of 15% must be
paid in full prior to activation o service. (11/03).
On the 1st day of the following month (3rd month of the quarter),
should the participant and/or subscriber wish to reinstate
his/her membership, MLS dues for the current quarter along
with the late fee of 20% must be paid in full prior to activation
o service. (11/03).
As of the 1st day of the following quarter, should the participant
and/or subscriber wish to reinstate his/her membership, current
MLS dues must be paid along with a reinstate fee of $25.00
per person. (11/03)
At the end of one year of suspended membership due to non-payment
of MLS dues, should the participant and/or subscriber wish
to reinstate his/her membership, current MLS dues must be paid
along with a new application fee for the participant and/or
subscriber. (11/03)
Regional MLS Billing:
By the 14th day of each month, all unpaid
members of the SRCMLS have been inactivated in the MLS system.
On the 15th of each month, MRMLS – the regional MLS the
SRCMLS has contracted with for on-line MLS services, processes
their billing report of active members and bills the local organizations
accordingly. The local organization is responsible for payment
of all active members in the system in accordance with the due
date as established by the regional MLS.
Billing:
The MLS Dues Billing Policy applies to participants. All Participants
will be billed quarterly unless participants wishing to be
billed monthly have contacted the Assistant Executive Vice
President for confirmation.
COPYRIGHT© 2003 SOUTHWEST RIVERSIDE COUNTY MULTIPLE LISTING
SERVICE
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mls_duespolicy.pdf