This is a very serious offence. In this case, a deal fell apart, and the Agent involved actually signed the Mutual Release on behalf of his Buyer client. The Buyer …
Agent’s Negligence: Breach Real Estate and Business Brokers Act, 2002
Another source of laws involving real estate Agents is the Real Estate and Business Brokers Act, 2002. Some of its provisions offer an important grounding for negligence claims. Disclosure of …
RECO Discipline
Just take ALL Courses over again start to finish Real Estate Council of Ontario IN THE MATTER OF A DISCIPLINE HEARING HELD PURSUANT TO THE REAL ESTATE AND BUSINESS BROKERS …
Agent Fails to Pay Referral Fee
Steve acted for his two buyers, Albert and Jane. He had a loyalty agreement signed, better known as a Buyer Representation Agreement or BRA for short. The BRA ran from …
Agent Misses the Parking Pad Agreement
This situation was simple enough. Bob acted for Bill in the sale of his property. There was a mutual driveway. It was not quite wide enough to park Bill’s car …
Agent Fails to Pay Referral Fee
Steve acted for his two buyers, Albert and Jane. He had a loyalty agreement signed, better known as a Buyer Representation Agreement or BRA for short. The BRA ran from …
RECO Fine: $500/minute
$500 Per Minute Fine for Breaking and Entering Relatively, that’s a very light fine for breaking and entering which is a Criminal Offence. In this case, it was a RECO …
Agent Says “You Can’t Keep Me Out – If Necessary I’ll Break In”
This is a RECO Discipline case, and as crazy as it may sound it’s true. You just can’t make this stuff up. The Buyer’s agent was obviously anxious. He had …
Agent Fails to Disclose “Marihuana Grow House” to Own Client
This is difficult to believe but it’s true. This matter came on for consideration by the Discipline Committee of RECO. The Buyer was illiterate. He could not speak, read or …
Agent Who Steals Gets Licence Restored by LAT
The agent in this case stole batteries and $200 to $300 in cash. He was caught on video. The Real Estate Council of Ontario (RECO) revoked his licence to practice. …