by Tony Palermo | May 17, 2016 | Featured, News
While the Competition Tribunal has partially granted the Commissioner of Competition’s application against the Toronto Real Estate Board (TREB), it remains to be seen what the specific terms of the ruling will be. The tribunal asked both parties to submit suggested...
by Tony Palermo | Apr 11, 2016 | Featured, News
Significant deficiencies in how some salespeople and brokerages in the Vancouver area are handling their obligations under Canada’s anti-money laundering law has prompted Canada’s financial intelligence unit to increase the number of examinations it performs in the...
by Tony Palermo | Mar 21, 2016 | Featured, News
The suspension of Exit Realty on the Rock’s real estate licence on Feb. 4, which forced the St. John’s, Nfld. company into receivership, and the ensuing investigation by both the provincial Office of the Superintendent of Real Estate and Royal Newfoundland...
by Tony Palermo | Feb 9, 2016 | Featured, News
The Newfoundland and Labrador Association of Realtors (NLAR) were told by a lawyer for the Bank of Montreal (BMO) late Friday afternoon that Exit Realty on the Rock has entered into receivership and that PricewaterhouseCoopers has been engaged as the receiver. A...
by Tony Palermo | Feb 5, 2016 | Featured, News
Exit Realty on the Rock has had its licence suspended by Newfoundland and Labrador’s Superintendent of Real Estate Agents and Salespersons. A Service NL news release says that because the matter still under investigation, no additional information is being released...
