DisplayKEY
Pocket Guide
iv
Rules and
regulations
relating to use
of the service
1.
Possession of Key:
Each Keyholder (as defined in the
Agreement entered into by your Organization) is responsible
for the key issued to him or her. If a key is lost or requires
replacement for any reason, the replacement cost for the key
shall be the replacement price in the Keyholder Agreement.
2.
Current Update Code:
The key has an update code that
expires daily to prohibit further use of the key until a new
current update code is obtained from Supra or your
Organization and entered into the key. Update codes shall be
issued only to Keyholders in good standing with the
Organization. A Keyholder is in good standing if he/she is in
full compliance with all obligations in the Keyholder
Agreement, including, without limitation, the terms of these
Rules and Regulations.
3.
Security of Equipment:
It is necessary to maintain the
security of each key and the Personal Identification Number
("PIN") of each key to prevent the use of the key by
unauthorized persons. Each party in possession of a key,
whether such key is being actively used or not, shall abide by
the following conditions:
a. To keep the key in such party's possession or in a safe
place at all times;
b. Not to allow the PIN for the key to be displayed on or
attached to the key for any purpose whatsoever or to be
disclosed to any third party;
c. Not to lend or otherwise transfer the key to any other
person or entity, or permit any other person or entity to
use the key for any purpose whatsoever, whether or not
such other person or entity is a real estate broker or
salesperson;
d. Not to duplicate the key or allow any other person to do
so;
e. Not to assign, transfer or pledge the key;
f. Not to destroy, alter, modify, disassemble or tamper with
the key or knowingly or unknowingly allow anyone else to
do so;
g. To notify your Organization immediately in writing, and in
any event within 48 hours, of a loss or theft of the key or
any keyboxes, and of all circumstances surrounding such
loss or theft;
h. To complete and deliver to your Organization a stolen key
affidavit prior to and as a condition of the issuance of a
replacement key;
i. To follow all additional security procedures as specified by
your Organization; and
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