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Real Estate Nonsolicitation Ordinance

Missouri Real Estate Nonsolicitation Ordinance

Name: Missouri Real Estate Nonsolicitation Ordinance
Brand: US Legal Forms
Rating: 4.73 (436 reviews)

Category:

Government - Ordinances and Codes

State:

Multi-State

Control #:

US-M-9682

Format:

Instant download

Description

This is a sample of Municipal Codes when dealing with a real estate non-solicitation ordinance. This may be used across the United States. The Missouri Real Estate Nonsolicitation Ordinance is a legal regulation that aims to protect real estate agents and brokerages from unauthorized solicitation by former agents. This ordinance prohibits former agents from directly soliciting clients or customers they had worked with during their affiliation with a particular brokerage. A primary purpose of this ordinance is to prevent former agents from taking advantage of their previous relationships and poaching clients or customers from their former brokerage. By implementing the Missouri Real Estate Nonsolicitation Ordinance, the state seeks to maintain fair competition within the real estate industry and safeguard the interests of brokerages and their agents. It is important to note that there may be different variations or versions of the Missouri Real Estate Nonsolicitation Ordinance, as this type of regulation can be enacted at various levels such as state, county, or city. Additionally, individual brokerages may impose their own non-solicitation clauses in agents' employment contracts, which could further restrict their ability to solicit clients upon leaving the company. The Missouri Real Estate Nonsolicitation Ordinance typically outlines the timeframe during which the restriction on solicitation remains in effect, as well as the specific actions that are considered solicitation. This may include, but is not limited to, contacting or communicating with former clients for the purpose of offering real estate services, whether it is through phone calls, emails, texts, or any other form of direct or indirect communication. Violation of the Missouri Real Estate Nonsolicitation Ordinance can result in legal consequences, such as monetary penalties or injunctions preventing the former agent from soliciting clients for a certain period. To ensure compliance, real estate agents should familiarize themselves with the specific regulations applicable to their area and read their employment contracts thoroughly to understand any additional non-solicitation provisions imposed by their brokerage. In conclusion, the Missouri Real Estate Nonsolicitation Ordinance is a crucial legal framework aimed at preserving the relationship between brokers, agents, and their clients. By preventing unauthorized solicitation, this ordinance fosters fair competition and protects the integrity of the real estate industry in Missouri.

The Missouri Real Estate Nonsolicitation Ordinance is a legal regulation that aims to protect real estate agents and brokerages from unauthorized solicitation by former agents. This ordinance prohibits former agents from directly soliciting clients or customers they had worked with during their affiliation with a particular brokerage. A primary purpose of this ordinance is to prevent former agents from taking advantage of their previous relationships and poaching clients or customers from their former brokerage. By implementing the Missouri Real Estate Nonsolicitation Ordinance, the state seeks to maintain fair competition within the real estate industry and safeguard the interests of brokerages and their agents. It is important to note that there may be different variations or versions of the Missouri Real Estate Nonsolicitation Ordinance, as this type of regulation can be enacted at various levels such as state, county, or city. Additionally, individual brokerages may impose their own non-solicitation clauses in agents' employment contracts, which could further restrict their ability to solicit clients upon leaving the company. The Missouri Real Estate Nonsolicitation Ordinance typically outlines the timeframe during which the restriction on solicitation remains in effect, as well as the specific actions that are considered solicitation. This may include, but is not limited to, contacting or communicating with former clients for the purpose of offering real estate services, whether it is through phone calls, emails, texts, or any other form of direct or indirect communication. Violation of the Missouri Real Estate Nonsolicitation Ordinance can result in legal consequences, such as monetary penalties or injunctions preventing the former agent from soliciting clients for a certain period. To ensure compliance, real estate agents should familiarize themselves with the specific regulations applicable to their area and read their employment contracts thoroughly to understand any additional non-solicitation provisions imposed by their brokerage. In conclusion, the Missouri Real Estate Nonsolicitation Ordinance is a crucial legal framework aimed at preserving the relationship between brokers, agents, and their clients. By preventing unauthorized solicitation, this ordinance fosters fair competition and protects the integrity of the real estate industry in Missouri.

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This might look something like this: ?During the term of this Agreement and for a one (1) year term thereafter, (Contractor Name) shall not solicit or encourage any employee, vendor, independent contractor, or client of (Company Name) to leave or terminate their relationship with (Company Name) for any reason.?

Non-Compete Agreement (NCA): A contract where an employee agrees to not compete with a company for a certain period of time after employment. Non-Solicitation Agreement (NSA): A contract where an employee agrees not to solicit the company's clients, employees, or other individuals with whom the employee worked.

However, a non-solicitation agreement is generally less restrictive than a non-compete agreement and allows a former employee to continue working in the same industry but prevents them from soliciting a former employer's customers.

Courts often will not enforce non-competes if the duration of the non-compete is too long, if the geographic scope where the employee is prevented from working is too wide, or if the types of work being prohibited are too broad.

Enforcing a Nonsolicitation Agreement If a nonsolicitation agreement is breached, you can sue for enforcement and seek an injunction to get the other party to stop what they are doing, such as contacting your customers or employees. You can also sue for damages your company experiences because of the breach.

(Employee Name) will not solicit, divert, contact, or call upon customers of (Company Name) with the intent of doing business. (Employee Name) will not solicit a customer for a competing company and will not encourage a customer to discontinue business with (Company Name).

Non-solicitation ? where you agree not to approach customers (and possibly prospective customers) of your former employer in order to do business with them. Non-dealing ? just as with the non-solicitation clause, this prevents you dealing with customers or prospective customers of your former employer.

Such non-solicitation agreements are allowed under Missouri law because an employer may have a legitimate protectable interest in customer contacts. Healthcare Svcs. of the Ozarks v. Copeland, 198 S.W.

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Missouri Real Estate Nonsolicitation Ordinance

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How to fill out Missouri Real Estate Nonsolicitation Ordinance?

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What is an example of a non-solicitation clause?

What is the difference between a non-compete and a non-solicitation?

Is non solicit the same as non-compete?

What makes a non-compete not enforceable?

How do you enforce a non-solicitation agreement?

What is an example of a non-compete non-solicitation clause?

What is the difference between non-solicitation and non dealing?

Are non-solicitation agreements enforceable in Missouri?

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What does 'nonsolicitation' mean?

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Can a Real Estate Nonsolicitation Ordinance be challenged or modified?

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