Listing Agreements: Schedule “A”

An issue that has arisen recently is the matter of referencing certain matters in a Listing Agreement. RECO said that you should have a Schedule “A”. OREA prepared a Schedule …

Buyer: Notice of Revocation

With the new TRESA legislation, we now have lots of new Forms. Here’s Form 108 Notice of Revocation: “Pursuant to the following term of the Agreement of Purchase and Sale …

Buyer and Offer Transparency

The new TRESA legislation permits Offer contents to be shared in whole or in part. Assuming that the Buyer is not pleased with this disclosure of their Offer contents, then …

Creation of Implied Agency

Question: Can a buyer client create an Implied Relationship? Answer: With your question, right at the outset you referred to the buyer as a “client”. So, that’s it right from …

Working with a Realtor FORM

This document which was initially intended to explain agency has now been eliminated in its entirety. It was helpful in documenting the time when agency actually commenced. The Consumer selected …

HST Included with Commission

The Listing agreement contains the following reference in Paragraph 2 dealing with the commission: “All amounts set out as commission are to be paid plus applicable taxes on such commission.” …

How Long have You been Licenced?

The correct answer is “zero”. You have never, ever been licenced in Ontario to practice real estate. You may have a driver’s licence, a fishing licence or a hunting licence, …