Disclaimer, Terms and Conditions
COCAR will only send dues/invoice statements electronically (via email). Please make sure we have your most current information on file. All dues should be paid annually in advance, on or before January 1, 2016. Dues paid are non-refundable. All dues shall be delinquent each year after January 15, at which time a $25.00 late penalty shall be applied to the delinquent dues. If dues are not paid by January 31, membership will be terminated and an additional $75.00 reinstatement fee will apply. After ten (10) days, written notice by certified mail, return receipt requested, any Member delinquent in the payment of dues and late penalty may be terminated.
MANDATORY TAX NOTICE:
Dues payments to the REALTOR® Association are not deductible as charitable contributions for federal income tax purposes. Dues payments may, however, be deductible as an ordinary and necessary business expense except that portion used for lobbying activities which has been determined to be $50.00 of the National dues and $10.72 of the State dues. The entire $35 assessment related to NAR’s public awareness campaign qualifies as deductible dues.
SPECIAL ASSESSMENT NOTICE:
Your dues include a $10 special assessment by the Oklahoma Association of REALTORS® of all REALTOR® and REALTOR®-ASSOCIATE members to replenish the OAR Public and Legislative Awareness Fund. The fund’s purpose is to fund lobbying, consulting and other expenses on issues consistent with OAR’s Legislative Policy Agenda. Additionally, your 2016 dues includes a $35 mandatory assessment by the National Association of REALTORS® of all REALTOR and REALTOR-ASSOCIATE members to fund a nationwide public awareness campaign that includes TV network and cable ads highlighting the value a REALTOR® brings to a transaction and stressing the importance of using a REALTOR®.
Your dues also include a $5 Professional Standards assessment by the Oklahoma Association of REALTORS® of all REALTOR® and REALTOR®-ASSOCIATE members to help offset the cost of providing the NAR core standards requirement that every association will maintain a viable professional standards process to enforce the Code of Ethics and provide arbitration and mediation as member services through the state association for the locals.
RPAC Contributions are personal contributions (not corporate - corporate checks can not be accepted) from people associated with COCAR or NAR (including family members). Contributions are not deductible for income tax purposes. Contributions to RPAC are voluntary and are used for political purposes. The amount suggested is merely a guideline and you may contribute more or less than the suggested amount. You may refuse to contribute without reprisal and the National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. 70% of each contribution is used by your state PAC to support state and local political candidates. Until your state PAC reaches its RPAC goal, 30% is sent to National RPAC to support federal candidates and is charges against your limits under 2 U.S.C. 441a; after the state PAC reaches its RPAC goal it may elect to retain your entire contribution for use in supporting state and local candidates. Accepting only Personal Checks should be made out to: RPAC-OK
CORPORATE ALLY NOTICE:
CORPORATE Ally Contributions may be accepted from any corporation, regardless of affiliation with any REALTOR® organization. The CORPORATE ALLY program is organized as a soft-money Super-PAC. Any direct or indirect expenses your firm incurs to solicit or encourage friachisees, subsidiaries, or affiliates to contribute to the Corporate Ally Program for use for condidates constitute in-lind contributions to the NAR Congressional Fund should be determined, recorded and provided to NAR for reporting to the Federal Election Commission. Accepting only Corporate Checks should be made out to: NAR Congressional Fund
* I freely and voluntarily give the above RPAC Contribution amount from my personal property. I have not directly or indirectly, been compensated or reimbursed for the contribution included with my dues.may be accepted from any corporation, regardless of affiliation with any REALTOR® organization