Recent Regulation Regarding Assignments #488

An open, upward facing book stacked on top of two other books titled 'rules' and 'regulations'

In May 2016, in response to public concern over the flipping of single family residential properties in a surprisingly robust residential market, the provincial government amended the Real Estate Services Regulation concerning the assignment of Contracts of Purchase and Sale (CPS).1 The amendment is designed to ensure that buyers and sellers are properly advised about