by Shaneka Shaw Taylor | Oct 23, 2020 | Featured, Legal Issues
One of the most significant pieces of law affecting Realtors in Ontario received Royal Assent in March: the Trust in Real Estate Services Act, 2020 (TRESA), repealing and replacing the Real Estate Business and Brokers Act, 2002 (REBBA). This new legislation permits...
by REM Editorial Team | Oct 5, 2020 | News
After years of lobbying for the right to incorporate, Realtors in Ontario will now be permitted to operate their business through a personal real estate corporation (PREC). “Today is a historic day for Ontario’s 80,000 Realtors. We are thrilled that our members can...
by Joseph Richer | Mar 23, 2020 | Columnists, Featured
In November 2019, the Ontario government introduced the Trust in Real Estate Services Act, 2019, a bill proposing changes to the Real Estate and Business Brokers Act, 2002 (REBBA), Ontario’s real estate consumer protection legislation, administered by the Real Estate...
by REM Editorial Team | Mar 2, 2020 | Featured, News
The mood was jubilant at the Ontario Real Estate Association’s REALiTY Conference last week when OREA president Sean Morrison announced that the Ontario Government has passed the Trust in Real Estate Service Act, 2019 (TRESA). “This is a huge win for our Realtor...
by Mark Weisleder - Senior Partner, RealEstateLawyers.ca LLP | Nov 25, 2019 | Columnists
The long-awaited changes to the real estate agent and brokerage community in Ontario just had its initial release, mostly to positive reviews from the industry. The draft bill to change the Real Estate and Business Brokers Act, 2002 has not yet been approved and...