Legal Blog - Lockboxes

 
  • Oct 31, 2016

    What are the advantages/disadvantages of using combo boxes?

    Since combo boxes are not regulated, their use is unchecked, whereas lockbox rules violations can be brought to the attention of the Board and compliance can be enforced through NVARs Grievance Procedures.
  • Sep 30, 2016

    Why do we require CBS Codes?

    We believe that the extra precautions that require Affiliate members to use a CBS code are an inconvenient but necessary part of our responsibilities for providing lockbox services.
  • Sep 27, 2016

    Lockbox Security Violations

    The rules state the the Card Holder will be granted a revocable license to use the SentriCard in connection with the Holder's normal and customary activities while acting as a real estate agent or appraiser on the terms and conditions set forth in the referenced User Agreement.
  • Sep 23, 2016

    Not the Lockbox of Choice

    When someone enters a property through a lockbox, there is a record of the visit. Each SentriCard® is assigned to one agent and thus the owner can trace who has entered his or her property.
  • Sep 20, 2016

    Combo Boxes - Not the Lockbox of Choice

    Since combo boxes are not regulated, their use is unchecked, whereas lockbox rules violations can be brought to the attention of the Board and compliance can be enforced through NVARs Grievance Procedures.
  • Sep 16, 2016

    Follow Listing Agreement Rules And Our Code

    The NVAR listing agreement specifically provides that you, the agent, will use a lockbox, not a combination box on your listing