OREA on 6 November 2024 advised:
“Following their most recent review and careful deliberation, the Committee has decided to discontinue the following Forms, effective immediately:
- Form 216 Seller Self-Represented Party Acknowledgement and Consent
- Form 217 Schedule _____ Seller Self-Represented Party Acknowledgement and Consent
- Form 256 Landlord Self-Represented Party Acknowledgement and Consent
- Form 257 Schedule _____ Landlord Self-Represented Party Acknowledgement and Consent
- Form 311 Buyer Self-Represented Party Acknowledgement and Consent
- Form 312 Schedule _____ Buyer Self-Represented Party Acknowledgement and Consent
- Form 355 Tenant Self-Represented Party Acknowledgement and Consent
- Form 357 Schedule _____ Tenant Self-Represented Party Acknowledgement and Consent
- Form 562 Seller Self-Represented Party Acknowledgement and Consent – Commercial
- Form 563 Schedule _____ Seller Self-Represented Party Acknowledgement and Consent – Commercial
- Form 566 Landlord Self-Represented Party Acknowledgement and Consent – Commercial
- Form 567 Schedule _____ Landlord Self-Represented Party Acknowledgement and Consent – Commercial
- Form 577 Buyer Self-Represented Party Acknowledgement and Consent – Commercial
- Form 578 Schedule _____ Buyer Self-Represented Party Acknowledgement and Consent – Commercial
- Form 587 Tenant Self-Represented Party Acknowledgement and Consent – Commercial
- Form 588 Schedule _____ Tenant Self-Represented Party Acknowledgement and Consent – Commercial
Comment
They all dealt with Acknowledgements by Self-represented Parties.
Who makes these decisions for OREA? First, to produce them and then to drop them? This is completely amateurish.
The “RECO Information and Disclosure to Self-represented Party” already contains an Acknowledgement. The SRP will already sign this document. All OREA had to do was read this. They didn’t have to dream up a document that was an Acknowledgement just so they would have one more Form. In fact, they drafted up 16 more Forms, all of which were unnecessary duplications.
Now, they are all gone!
By the way, the Act came into force on 1 December 2024, so waiting over 11 months to deal with this correctly appears somewhat absurd.
Brian Madigan LL.B., Broker