So, what are the rules related to grow houses? Does the agent have to disclose them? What about the advertising and the listing? 1. At all relevant times Wilma Jones …
Agent Fails to check Renovations Carried out With Permits
This a brief summary of a RECO Discipline case. SUMMARY OF AGREEMENTS It is agreed that Fred Flintstone acted unprofessionally when he: 1. Failed to take reasonable steps to verify …
Competitive Offers: Are you in Competition?
This seems straightforward, but really it’s not. The issue is set out in the Code of Ethics published under the Real Estate and Business Brokers Act, 2002. Reference is made, …
The Evolving Duties and Responsibilities of “Agents”
There are five primary sources of new legal requirements for real estate agents: Statutory laws, Regulatory laws, Changes to the local MLS rules and regulations, Discipline cases published by RECO, …
Agent with Conflict of Interest Fails to Protect Client
This is a rather unusual case in which the Agent really sought to acquire the property for himself. The vendor, John Smith was under severe financial pressure and had been …
Agent Steals Jewellery from House
We just looked at a situation where an agent gained unauthorized access to a house. That was technically breaking and entering. However, in that case, the overzealous agent just wanted …
Agent Fails to Protect Client about Lack of Potable Water
In this case, an agent failed to protect his clients and was assessed a $10,000.00 fine and the brokerage with whom he was affiliated a $5,000.00 fine for failing to …
Agent Enters House without Permission ~ Penalty
The Real Estate Council of Ontario (RECO) considered the case of entry into a house without permission. The Criminal Code covers the same topic, and it’s called “breaking and entering”. …
Agent Disciplined ~ Failed to Require “Home Inspection”
The Court of Queen’s Bench in New Brunswick was called upon to review a discipline decision of the New Brunswick Real Estate Association. Brent Sawler acted on behalf of Todd and …
Failure to Cancel Listing ~ Agent Discipline
The Real Estate Council of Ontario (RECO) had to deal with the issue of the cancellation of a listing agreement. The agent apparently indicated that the listing agreement could be …