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Regulatory Resources Index

Regulatory Resources Index

Use the index below to browse all of BCFSA’s regulatory resources. Within each topic you will find regulatory resources.

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  • This information will assist you in understanding your advertising obligations and make you familiar with associated advertising legislation.

  • This information will help you understand the different types of agency and your requirements under the Real Estate Services Rules.

  • These guidelines help real estate professionals understand and comply with their professional obligation to report suspected money laundering and terrorist financing activities.

  • This information will explain what assignments are, required disclosures which must be made under RESA, and the use of CSAIR in assignments of contracts involving developers under REDMA.

  • This information will explain the federal and provincial cannabis legislation and how it impacts real estate professionals through RESA.

  • This information will explain your obligations in replying to all requests made by BCFSA, and when and how you need to proactively notify BCFSA of information.

  • This information will assist you in understanding how brokerage models influence how confidential information can be shared.

  • This information will assist strata and rental real estate professionals in understanding what sources of conflicts exist and duties they owe to their clients.

  • This information will assist trading services real estate professionals in understanding what sources of conflicts exist and duties they owe to their clients.

  • This guideline will help you anticipate and address conflicts of interest when acting for multiple clients with competing interests in the same real estate transaction.

  • This information will assist you in understanding what the corporate registry is and what information can be found within it.

  • This information outlines your obligations when it comes to accepting deposits from clients and delivering them to your brokerage, brokerage stakeholder provisions, and what to do if a deposit is not received per the terms of a contract.

  • This information will outline the timing and form that each mandatory disclosure under the Real Estate Services Rules must follow.

  • This information explains what real estate documents must be retained by your brokerage, where the brokerage must hold them, and the requirements to deliver those documents promptly.

  • This information will outline the basic duties owed to all clients under the Real Estate Services Rules and how to address modification of those duties when necessary.

  • This information will assist you in understanding the provisions of the Home Buyer Rescission Period (“HBRP”) Regulation and the Property Law Act (“PLA”)

  • This information will assist you in understanding how the Homeowner Protection Act impacts your conduct when working with owner builders and properties with new home warranties in place.

  • This information will assist you in understanding the requirements under the Land Owner Transparency Act and what can be found in the Land Owner Transparency Registry.

  • This information will help real estate professionals understand what the Land Title Survey Authority is and what types of information can be found there.

  • This information explains the requirements under the Real Estate Services Rules to report misconduct, to your managing broker so that it can be addressed.

  • This information will assist you in understanding the licensing exemptions that exist under the Real Estate Services Regulation

  • This information will assist you in complying with legislation that governs the sale and lease of manufactured homes.

  • This information will outline your obligations under the Real Estate Services Rules concerning how and when to disclose material latent defects while representing a seller.

  • This information will outline restrictions related to personal offices and how records and trust funds must be handled.

  • This information will explain your obligations when it comes to registering a Personal Real Estate Corporation with BCFSA.

  • This information will outline your obligations when representing clients in the purchase, sale, assignment and marketing of a pre sale property.

  • This information will explain how PIPA and RESA requirements impact rental property management services and strata management services.

  • As a real estate professional representing a seller or landlord, you must disclose to all parties to a trade any material latent defect that is known to you, before any agreement for a purchase or lease is entered into, such as radon levels that exceed 200 Bq/m3.

  • This information will outline what brokerage records must be retained in relation to referral fees, and how to appropriately accept and pay them out.

  • This information will outline how remuneration must be disclosed to clients, paid out to real estate professionals, or assigned.

  • This information will assist you in understanding your obligations during the sale of a business.

  • This information will explain the varying types of mandatory and optional service agreements real estate professionals may enter into, and also legislation around electronic signatures.

  • This information will identify the varying ways in which residential tenancies can impact trading services, rental property management and strata management.

  • This information will outline a real estate professional’s obligations when it comes to dealing with monies that must be deposited into a brokerage trust account and when exceptions to the legislation exist. This information also outlines a brokerage’s stakeholder obligations and when they apply.

  • This information outlines the services that unlicensed assistants are permitted to provide in relation to rental property management services, strata management services and trading services

  • This guideline will help you understand when and how to use the exemption to the prohibition on dual agency.