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An agency shop is a form of union security agreement where the employer may hire union or non-union workers, and employees need not join the union in order to remain employed. [1] However, the non-union worker must pay a fee to cover collective bargaining costs. [ 1 ]
An agency cost is an economic concept that refers to the costs associated with the relationship between a "principal" (an organization, person or group of persons), and an "agent". The agent is given powers to make decisions on behalf of the principal.
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
The fee compensates the agent for time spent answering questions and helping you through the process. An agent is also able to utilize their skills and contacts to negotiate, find properties and ...
Communications Workers of America v. Beck, 487 U.S. 735 (1988), is a decision by the United States Supreme Court which held that, in a union security agreement, unions are authorized by statute to collect from non-members only those fees and dues necessary to perform its duties as a collective bargaining representative. [1]
Inventory fee - To cover the costs of inspecting the property and drawing up an inventory. This is usually conducted at the start of a tenancy. It is no longer common practice for the tenant to be charged a fee for the inventory. Tenancy extension/renewal fee - A renewal fee can be charged if the tenant extends their tenancy beyond the initial ...
It is common practice to have a protecting agency fee as much as 50% of the full agency fee. [4] The principal may also choose to pay his port disbursement invoices through the protecting agent by placing him in funds and the latter shall release such funds to the shipping agent only after checking for the relevant items correctness.
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