MINISTRY  OVERALL  RESPONSE

Auditor General’s November 2022 Report on RECO This is the response from the Ministry: “The Ministry of Public and Business Service Delivery (Ministry) would like to thank the Auditor General …

RECO    OVERALL    RESPONSE

Auditor General’s November 2022 Report on RECO This is the RECO response to the overall Report: “The Real Estate Council of Ontario (RECO) appreciates the work done by the Office …

Disclosure Issues for Realtors

There are basic rules that apply to realtors concerning disclosure. Everyone who is permitted to trade in real estate under the Real Estate and Business Brokers Act, 2002 is subject …

Suicide Disclosure

Question: Does a suicide in the unit have to be disclosed by the seller? Or is it a buyer beware type of situation? Answer: The law does not require the …

Real Estate Agents ~ Tricky Moves

So, you thought you had an agent? Only one little problem, your agent takes all your secrets and immediately tells the other side. And, it’s legal. At least, that’s what …

Legal Obligations of Agents

Oftentimes, it is difficult to determine precisely the legal obligations owed by an agent. You have to be aware that real estate brokers and sales representatives are regulated under the …