Tags Posts tagged with "Real Estate and Business Brokers Act"

Real Estate and Business Brokers Act

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In November 2019, the Ontario government introduced the Trust in Real Estate Services Act, 2019, a bill proposing changes to the Real Estate and Business Brokers Act, 2002 (REBBA).

OREA director David Oikle, left, and president Sean Morrison announce that the Trust in Real Estate Service Act has passed.

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The mood was jubilant at the Ontario Real Estate Association’s REALiTY Conference last week when OREA president Sean Morrison announced that the Ontario Government has passed the Trust in Real Estate Service Act.

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The long-awaited changes to the real estate agent and brokerage community in Ontario just had its initial release, mostly to positive reviews from the industry.

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The rights of real estate salespeople and brokers in Ontario to transact short-term rental accommodations have been affirmed after the Real Estate Council of Ontario issued a bulletin last week.

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RECO believes REBBA and the code have served Ontario consumers well, but the legislation could be updated to better protect consumers and maintain strong public trust in the profession.

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By challenging our conventions and taking a new road altogether, we accomplished some big things for our members, home buyers and sellers.

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The Ontario Real Estate Association was at the forefront of some big issues affecting Ontario Realtors, the real estate industry and most importantly, Ontario’s homeowners and those wishing to join their ranks.

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Let’s dispel the myth about registrant complaints: we assess every complaint we receive, and we provide the same investigative effort regardless of who contacts us.

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In most cases, lockbox rule violations can be chalked up to laziness, carelessness or simply bad judgment rather than any malicious intent.

Scene in the Northwest: Portrait of John Henry Lefroy, a painting by Paul Kane.

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The histories of Ontario Land Surveyors and Ontario Realtors took similar paths in the early 1920s. The history of the Association of Ontario Land Surveyors began in 1892.