When you submit your folders & documents for review to the Compliance Team and they change the status of your folder to:

RETURNED TO AGENT – requires action from you!  Folders are returned for the following:
-Listing Agreement – missing Phil’s initials on the arbitration line or dispute resolution section.
-Executed Contract – missing seller or buyer initials or signatures.
-Executed Lease – missing tenant or landlord initials or signatures.
-CDA – missing your signature or all boxes are not filled in.
-Property Record – missing from Listing Docs or Initial/Offer Docs folder.
-Commission Rebate/Waiver Authorization form – missing or not signed by Phil.
-MLS Status Change form – missing Phil’s signature.
*If your folder is returned please review the notes ASAP.  A folder that is in RETURNED TO AGENT status will hold up your CDA from being processed.

NOTATIONS/FYI/INFO – Compliance is providing feedback on your documents – no action needed.

WARNING/CHANGES:  SEE IMPORTANT NOTES – requires action from you.  Folders are changed to this status for the following – these are just some examples – please read the notes:
-Addenda not signed by both parties,.
-ABA Disclosure – not signed by seller or buyer (this is a RESPA compliance issue)
-Dalton Wade Brokerage Documents – missing or not signed by the seller or buyer.
-Lead Paint Disclosure – missing initials, signatures, not filled out.

The Compliance Team will always provide notes for folders being returned or if a warning is issued.  You can review the notes 1 of 2 ways.

1. Open your loop

-Click on the blue notes icon in upper right corner: