by REM Editorial Team | Oct 30, 2024 | Boards & Associations, News
The Ontario Real Estate Association (OREA) is proposing reforms for the third and final phase of the Trust in Real Estate Services Act (TRESA), including additional education for new Realtors, expanded regulatory oversight and stricter disclosure rules. In a white...
by Paul Baron | Dec 22, 2023 | Guest Columns
The passage of the Trust in Real Estate Services Act, 2020 (TRESA) has made Ontario a leader in North America when it comes to professional standards, consumer protection and modern tools for real estate professionals. The Toronto Regional Real Estate Board (TRREB)...
by Mario Toneguzzi | Nov 30, 2023 | Legal Issues, News
Phase two of the new regulations under the Trust in Real Estate Services Act (TRESA) comes into effect on December 1 in Ontario. TRESA replaces the Real Estate and Business Brokers Act (REBBA) and impacts how nearly 100,000 realtors will conduct business in the...
by Jordana Springgay | Dec 1, 2022 | News
QUICK HITS Ontario’s auditor general found RECO to be ineffective in regulating the province’s real estate industry and protecting consumers. The report highlights several key findings, including RECO’s failure to track complaints and follow...
