Tags Posts tagged with "Trust in Real Estate Services Act"

Trust in Real Estate Services 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).

Tim Hudak is CEO of the Ontario Real Estate Association.

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TRESA will modernize Ontario’s outdated real estate rules while strengthening consumer protection and fixing the broken real estate discipline system.

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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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Nearly 20 years after it was passed, the act governing Ontario’s real estate industry is getting an update. The government introduced the Trust in Real Estate Services Act, 2019 in the Ontario legislature on Tuesday.