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Learn about the new Penalty Policy and increase your knowledge of the rules.

New Penalty Policy

The new Penalty Policy is a transition to a flat fine based penalty system. Our new penalty policy features flat automatic fines instead of a confusing level system. Before, most non-lockbox violations were assessed on a progressive level system but now flat fines are based on the seriousness of the violation.

Summary of changes:
  • The penalty policy for non-lockbox violations has been changed to a flat fee system
  • Lockbox violations will remain on a separate system, see Penalty Policy
  • Starting 3/9/2015, the issuing of monetary fines will be suspended for non-lockbox violations for a minimum of 4 weeks while we educate Subscribers on the new policy
  • Enforcement will start on July 9, 2015.
  • To better prepare Subscribers for enforcement, from July 9, 2015 through December 31, 2015, all non-lockbox penalties will be assessed at 50% of the listed amounts.

Do you know the rules?

Fines can be found in the Penalty Policy, the links below point to the rule.

Failure to provide a photo within 4 days - $50 (Rule 8.24)

Incorrect Sales Price - $500 (Rule 10.11)

Incorrect Listing Status - $100 (Rule 10.7 & 10.12)

Contact Information in Media - $200 (Rule 8.23)
Please note that Stacy Long and Wild Places Realty are fictitious

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