I understand that by signing this form, I agree that I am applying for a REALTOR® Membership in the above named Board and agree to pay my dues to I-85 North Board of REALTORS®.My dues will be returned to me in the event I am not elected. In the event of my election, I agree to abide by the Code of Ethics of the National Association of REALTORS®, which includes the duty to arbitrate, and the Constitution, Bylaws, Rules and Regulations of the I-85 North Board of REALTORS®, the Georgia Association of REALTORS® and the National Association of REALTORS®. I further agree to satisfactorily complete a reasonable and non-discriminatory written examination on such Code, Constitutions, Bylaws, Rules and Regulation if required. I understand membership brings certain privileges and obligations that require compliance. Membership is final only upon approval by the Board of Directors and may be revoked should completion of requirements, such as orientation, not be completed within the timeframe established in the Association’s bylaws. I understand that I will be required to complete Code of Ethics training as specified in the Association’s bylaws as a continued condition of membership. NOTE: Applicant acknowledges that if accepted as a member and he/she subsequently resigns from the Board or otherwise causes membership to terminate with an ethics complaint pending, the Board of Directors may condition renewal of membership upon applicant’s certification that he/she will submit to pending ethics proceeding and will abide by the decision of the hearing panel. If applicant resigns or otherwise causes membership to terminate, the duty to submit to arbitration continues in effect even after membership lapses or is terminated, provided the dispute arose while applicant was a REALTOR®.
I hereby certify that the foregoing information furnished by me is true and correct, and I agree that failure to provide complete and accurate information as requested, or any misstatement of fact, shall be grounds for revocation of my membership if granted. I further agree that, if accepted for membership in the Board, I shall pay in a timely fashion the fees and dues as from time to time established by the Board of Directors. NOTE: Payments to I-85 North Board of REALTORS® are not deductible as charitable contributions. Such payments may, however, be deductible as an ordinary and necessary business expense. Dues and fees cannot be refunded.
For 2018 with dues at $120 per member, NAR computes 43 percent or $52 to be nondeductible for the member's income tax purposes due to NAR lobbying efforts. Please note that the entire $35 Consumer Advertising Campaign special assessment qualifies as fully deductible. GAR has estimated that $10.14 (10.34%) is the nondeductible portion of 2018 GAR dues. In addition, contributions (including member dues) to NAR are not tax deductible as charitable contributions. However, they may be tax deductible under other provisions of the Internal Revenue Code.
Compliance with the Tax Reform Act of 1993 requires that the portion of dues attributable to lobbying and political activities at the State and Federal levels of government be considered nondeductible for income tax purposes. This nondeductible portion must be disclosed to members on their dues invoice each year.All REALTOR® Members are required to complete a REALTOR® Code of Ethics course during the four year period that ends December 31, 2018. Failure to complete the course by that date will result in suspension until course completion, regardless of the status of dues payment. Suspension of services includes all board, state association and NAR dues-based services.
By signing below, I consent that the REALTOR® Associations (local, state, national) and their subsidiaries, if any (e.g., MLS, Foundation) may contact me at the specified address, telephone numbers, fax numbers, email address or other means of communication available. This consent applies to changes in contact information that may be provided by me to the Association(s) in the future. This consent recognizes that certain state and federal laws may place limits on communications that I am waiving to receive all communications as part of my membership.