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A Registered IREAB Advisor is
someone who is an exceptional
professional and will be
provided with constant extended
education and privileged
information regarding
International Real Estate
Opportunities. Ultimately,
IREAB Advisors are considered to
be the leading authority on the
topic of International Real
Estate as an investment,
acquisition or for personal use
for a 2nd home, a vacation home
or for a retirement home.
Only Registered IREAB Advisors are provided with
access to the world’s largest
International Real Estate
Referral Program. IREAB
Advisors do NOT need to have a
Real Estate License. Real
Estate closings will be executed
outside the United States via
title companies, trust
companies, real estate
attorneys, etc.
IREAB reserves the right to not
accept any candidate as an IREAB
Advisor if the candidate does
not meet the necessary IREAB
requisites. IREAB Advisor
Applications are reviewed by a
committee of IREAB Chairmen
every Wednesday of every week.
Your credit card will not be
charged nor will your check be
deposited until IREAB reviews
and provides admission and
acceptance of your application
to become a Registered IREAB
Advisor.
Note: $500.00 fee is an Annual
Membership Fee. IREAB uses
membership fees to organize
information into marketing
material, to advertise IREAB in
national and international ad
campaigns and to pay for new
Advisor’s business cards. The
fee is non-refundable if you are
approved to become a registered
IREAB Advisor.
Terms & Conditions
IMPORTANT: TERMS AND CONDITIONS
BELOW ("TERMS") CONSTITUTE THE
SPECS UNDER WHICH IREAB
(“COMPANY”) IS WILLING TO OFFER
YOUR PARTICIPATION IN THE
COMPANY’S IREAB ADVISOR REFERRAL
PROGRAM (“PROGRAM”). YOUR
SUBMISSION OF THIS APPLICATION
CONSTITUTES YOUR ACCEPTANCE OF
ALL TERMS AND CONDITIONS
SPECIFIED ON THIS AGREEMENT. IF
YOU DO NOT AGREE TO ACCEPT THESE
TERMS, DO NOT SIGN NOR SUBMIT
THIS APPLCIATION.
1. Application Form.
You may be eligible to partipate
in IREAB’s Referral program by
submitting a Registered IREAB
Advisory Program Application for
review of admissions into the
program.
2. Eligibility.
You may not participate in the
Program if your employer has a
policy which prohibits
Employees/Real Estate Agents
from receiving compensation from
contractors and vendors. It is
solely your responsibility to
abide by any such policies, and
the Company shall have no
responsibility with respect to
your breach of any such policy.
3. Qualified
Referrals. In order
for you to be eligible to
receive a referral fee in the
amount of 50% of the total
commission obtained by Company,
the potential customer
identified must be a Qualified
Referral. A “Qualified Referral”
is a business or individual
entity (i) which is not already
a customer/referral of the
Company, (ii) which has not been
contacted by the Company’s sales
or business development
personnel within the past twelve
(12) months and (iii) which is
not already in the Company’s
sales/referral candidate
database. Referral Contracts
negotiated between IREAB and
developers are variable. The
minimum contracts
are: $5,000 cash payout, or 2.5%
commission payout. Regardless
of the payouts and commissions
received for a successful
referral, IREAB will split 50%
with any Registered IREAB
Advisor who procures a sale from
their referral efforts. Proof
of total payout will be provided
to you (as an IREAB Advisor)
after a sale has been procured
by your direct referral (buyer,
investor, etc.).
4. Acknowledgment and
Sales Process. Upon
review of your application and
admissions into the IREAB
Advisor Referral Program, the
Company will print and mail you
500 business cards and submit
your name into the IREAB Advisor
Registry. IREAB Advisors must
use their own personal Email
Address for communications. The
company will also begin to
attempt to contact Qualified
Referrals as soon as practicable
after receipt of the information
you provide.
5. Qualified Sales.
You will be eligible to
receive an Affiliate Referral
Fee only with respect to a
Qualified Sale of Services to a
Qualified Referral. A
“Qualified Sale” is any executed
by both Company and the
Qualified Referral within the
six (6) months of the date of
Company’s receipt of the
applicable Referral.
6. Notice of
Qualified Sales. The
Company will use its reasonable
efforts to notify you via e-mail
as soon as practicable of the
completion of any Qualified Sale
to a Qualified Referral provided
by you. In order to receive a
Referral Fee, you must reply to
the email message or otherwise
contact the Company
acknowledging the receipt of the
notification and confirming the
mailing address to which the
Referral Fee will be sent
(within 10 business days of date
of notice). Should the e-mail
address you provided no longer
be valid, the Company will make
a good faith attempt to contact
you by another contact method
(phone, fax, mail) if the
appropriate contact information
is available to the Company. No
more than two (2) attempts,
including the original e-mail
notification, will be made to
contact you regarding the
completion of a Qualified Sale.
7. Payment of
Referral Fees.
Referral Fees will be mailed to
the physical address provided by
you within two (2) weeks of the
receipt by Company of your
confirmation of receipt of the
notice of a Qualified Sale.
Please note that commissions are
not forwarded until title is
passed to your referral.
Payment shall not be made until
you provide Company with either
personal or company taxpayer
identification number in order
to generate 1099-Misc
documentation (see “Taxation”
below). The Company is not
responsible for any delay in the
delivery of the Referral Fee
resulting from the U.S. Postal
Service or any common carrier.
The Company is not obligated to
notify you in the event that no
Qualified Sale is completed with
respect to any Qualified
Referral provided by you. The
Company will hold unclaimed
payments for a period of one (1)
calendar year from the date of
the first attempt to notify you
of a completed Qualified Sale.
Thereafter, the Company will
deem its obligation to you
satisfied.
8. Taxation.
Affiliates receiving distributed
amounts exceeding $500 in any
given fiscal year shall receive
a 1099-Misc IRS form from
Company. You are solely
responsible for all taxes due on
any Referral Fees paid to you
under the Program.
9. Limitation of
Liability. IN NO EVENT
SHALL THE COMPANY, ITS OFFICERS,
DIRECTORS, EMPLOYEES,
CONTRACTORS, SUPPLIERS,
LICENSORS, SUBSIDIARIES, OR
AGENTS BE LIABLE TO YOU FOR ANY
DIRECT, INDIRECT, PUNITIVE,
INCIDENTAL, SPECIAL OR
CONSEQUENTIAL DAMAGES WHATSOEVER
ARISING OUT OF OR IN ANY WAY
CONNECTED WITH YOUR
PARTICIPATION IN THE PROGRAM,
WHETHER BASED ON CONTRACT, TORT,
NEGLIGENCE, STRICT LIABILITY OR
OTHERWISE, EVEN IF THE COMPANY
OR ANY OF ITS AUTHORIZED AGENTS
HAVE BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES.
BECAUSE SOME
STATES/JURISDICTIONS DO NOT
ALLOW THE EXCLUSION OR
LIMITATION OF LIABILITY FOR
CONSEQUENTIAL OR INCIDENTAL
DAMAGES, THE ABOVE LIMITATION
MAY NOT APPLY TO YOU. IF YOU ARE
DISSATISFIED WITH ANY PORTION OF
THE PROGRAM, OR WITH ANY OF
THESE TERMS, YOUR SOLE AND
EXCLUSIVE REMEDY IS TO
DISCONTINUE PARTICIPATION IN THE
PROGRAM.
10. General.
This agreement is governed by
the laws of the State of
Florida, without reference to
principles regarding conflict of
laws. You hereby irrevocably
consent to the exclusive
jurisdiction and venue of courts
in Flagler County, Florida in
all disputes arising out of or
relating to your participation
in the Program. You agree that
no joint venture, partnership,
employment, or agency
relationship exists between you
and the Company as a result of
this agreement or your
participation in the Program.
You agree to indemnify and hold
the Company, its subsidiaries,
officers and employees, harmless
from any claim, demand, or
damage, including reasonable
attorneys' fees, asserted by any
third party due to or arising
out of your participation in the
Program. If any part of this
agreement is determined to be
invalid or unenforceable
pursuant to applicable law
including, but not limited to,
the liability limitations set
forth above, then the invalid or
unenforceable provision will be
deemed superseded by a valid,
enforceable provision that most
closely matches the intent of
the original provision and the
remainder of the agreement shall
continue in effect. Unless
otherwise specified herein,
these Terms constitute the
entire agreement between you and
the Company with respect to your
participation in the Program,
and it supersedes all prior or
contemporaneous communications
and proposals, whether
electronic, oral or written,
between you and the Company with
respect to the Program. A
printed version of this
agreement and of any notice
given in electronic form shall
be admissible in judicial or
administrative proceedings based
upon or relating to this
agreement to the same extent and
subject to the same conditions
as other business documents and
records originally generated and
maintained in printed form.
11. Changes to Terms.
Company reserves the right, at
its sole discretion, to change,
modify, add or remove any
portion of the Terms and
Conditions, in whole or in part,
at any time. Company will make
efforts to communicate any
changes to the Program Terms and
Conditions to all Affiliates.
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