by Courtney Zwicker | Nov 17, 2025 | Boards & Associations, Legal Issues
New revelations have come to light that fill gaps in what may be 2025’s biggest Canadian real estate story, the $10-million iPro Realty Ltd. trust account scandal. Equally studied and scrutinized as the trust fund fraud itself has been the handling of it by the Real...
by Courtney Zwicker | Nov 14, 2025 | Boards & Associations, News
The Ontario government is preparing to “assume control” of the Real Estate Council of Ontario (RECO) after reviewing a scathing report into the industry watchdog’s handling of the iPro Realty Ltd. fraud scandal. On Thursday, Public and Business Service Delivery and...
by REM Editorial Team | Nov 3, 2025 | Legal Issues, News
Paul Poliszot, 2021 (supplied) The Real Estate Council of Ontario (RECO) has issued an order to freeze the bank accounts of Oakville, Ont.-based Rexig Realty Investment Group. The regulator has also issued a proposal to revoke the registrations of both the...
by James R.G. Cook | Oct 10, 2025 | Legal Issues, News
QUICK HITS Buyer refused $1.8-million farm purchase, alleging unlicensed gas wells breached environmental warranty in APS. The court ruled the warranty covered environmental matters, not gas wells; seller was entitled to $250,000 deposit plus damages. Real estate...
by Courtney Zwicker | Oct 2, 2025 | News
Real Estate Council of Ontario (RECO) says the insurance program manager handling the iPro Realty Ltd. matter is working toward processing the “significant volume” of agent commission protection claims within months. An update released by RECO on Wednesday offers a...
