TRESA: Short Forms

Remember, there are some new short forms:

TRESA                 Trust in Real Estate Services Act

RA                       representation agreement

BRA                     brokerage representation agreement

BRA                     buyer representation agreement

DRA                     designated representation agreement

SRA                     Seller representation agreements (includes Listings)

DA                       designated representative

                                                RA

          BRA                                                                     DRA

 BRA and SRA                                                        BRA and SRA

Comment

You will have to get used to the new terminology and remember how it all fits together. And, yes there are now two BRA’s!

Brian Madigan LL.B., Broker

www.OntarioRealEstateSource.com