The Green Sheet 1/7/2022

The Green Sheet | Friday, January 7, 2022

Weekly Headlines

GAR Annual Meeting: Friday, January 14th via Zoom

Please join us virtually at 9:00am on Friday, January 14th for a review of 2021 and a look ahead at 2022 plans for GAR and GMLS. The 2022 GAR Officers and Directors will be inducted, and a proposed Bylaw amendment will be called for a vote. The event will include presentations from CTR President, Tammy Felenstein; Town of Greenwich First Selectman, Fred Camillo; and Chief Economist and SVP of Research at NAR, Dr. Lawrence Yun. The meeting will conclude with reports from Committee Chairs and the announcement of the 2021 REALTOR® of the Year award recipient. Registration is required. All attendees will be entered for a chance to win complimentary 2023 GAR Dues.

Notice of Proposed Amendment to the Greenwich Association of REALTORS® Bylaws

The Board of Directors of the Greenwich Association of REALTORS® propose the following amendment to the Bylaws: To be inserted in Article XI- Government, Section 2. Board of Directors., following (e) Divisions of the Association:

(f) Director Emeritus. In addition to the elected Directors described above in this Section 2, there shall also be a category of board member known as a Director Emeritus. The Board of Directors shall have the authority to elect one or more persons as a Director Emeritus to serve at the pleasure of the Board of Directors. Any elected Director who has completed their terms of office as an elected director, and is willing to serve, shall be eligible to be elected as a Director Emeritus. A Director Emeritus shall not be subject to the qualification restrictions applicable to the elected Directors. Each Director Emeritus shall serve in an advisory capacity to the Board of Directors and shall be entitled to receive written notices and other information provided to the Board of Directors and to attend and participate in all Board of Directors’ meetings; provided, however, a Director Emeritus shall not be entitled to vote on any matters brought to the Board of Directors for a vote and a Director Emeritus shall not be counted in determining whether a quorum is present.

A summary and rationale for the proposal will be presented at the GAR Annual Meeting on Friday, January 14th. In accordance with the Bylaws, this notice has been provided at least one week prior to such meeting. An affirmative vote of not less than two-thirds (⅔) of the voting Members of the Association present in person (virtually) or by proxy is required for adoption. The vote will be conducted during the annual meeting via polling on Zoom. If you are unable to attend the meeting virtually, please submit your vote by proxy online.

CTR has provided a 5th round of FAQs related to Teams Compliance effective Jan. 1, 2022

Additional guidance issued by the Department of Consumer Protection and answers to all FAQs can be found in the GAR/GMLS Forum.