Real estate contracts tend to be pretty lengthy and have lots of very specific terms. Good news, there’s now a guide that spells it all out in plain language. Let’s review!
Under new legislation, the closed blind bidding process for real estate is a bit more open. Well, it could be, but might not be, and if it is, it may not stay that way.
Clients, customers, consumers…no wonder people were confused. The new real estate legislation in Ontario gets rid of the customer designation and that’s a very good thing.
In 2002, the Euro currency was introduced, as well as the Real Estate and Business Brokers Act legislation that spelled out the rules for real estate transactions in Ontario. It’s being updated and here’s what is changing.