Standard Forms

BCREA Launches Privacy Notice and Consent Form Video for Consumers

The British Columbia Real Estate Association (BCREA) has created a new video to help consumers better understand the Privacy Notice and Consent form, and how REALTORS® protect consumer privacy and personal information during and after real estate transactions. You can show this video to consumers when discussing the Privacy Notice and Consent form, or at

Revised Council Disclosure Forms Better Meet Consumer Needs

Recent changes to three Real Estate Council of BC mandatory disclosure forms are a significant improvement on previous versions, which were launched as part of the June 2018 Rule changes. The revised forms, which came into effect September 30, 2019, include the Disclosure of Representation in Trading Services, Disclosure of Risks to Unrepresented Parties and Disclosure to Sellers of

Privacy Notice and Consent Form Resources

Learn more about working with the recently updated Privacy Notice and Consent form The British Columbia Real Estate Association (BCREA) recently updated the Privacy Notice and Consent form, which explains to consumers how you’ll use and disclose their information. To learn more about the changes and working with the updated form, check out this short video

New WEBForms® Platform to Launch in July

CREA ready for early rollout in BC Good news from the Canadian Real Estate Association (CREA)—the new WEBForms® platform will be available in BC as early as mid-July. CREA will reach out to BC REALTORS® who are using WEBForms® about a week before the launch date with some training materials and to announce the exact

Standard Forms Reminder

Changes coming June 13 On June 13, changes to the Assignment of Contract of Purchase and Sale – New Development and Non-Developer and the Privacy Notice and Consent forms will come into effect. While none of the changes will have a significant impact on practice, it’s important for REALTORS® to familiarize themselves with the changes

It’s Time to Say Goodbye: Ending an Agency Agreement Before It Expires

Relationships change – whether it’s between friends, family or a REALTOR® and a client. Sometimes, relationships come to a natural conclusion, like when a REALTOR® helps a client buy a home, meaning that terms of the Exclusive Buyer’s Agency Agreement have been met. The British Columbia Real Estate Association (BCREA) provides REALTORS® and their clients

Changes to Improve Transparency Within Real Estate Transactions

In an effort to make BC’s real estate industry more transparent, the Office of the Superintendent of Real Estate (OSRE) has introduced additional disclosure statement requirements regarding assignments of strata purchase agreements. While these changes are targeted at developers who market strata lots in developments properties, it’s important for REALTORS® who are involved in the

New Updates to Property Disclosure Statement Form

As of October 29, 2018, updated versions of the Property Disclosure Statement Strata/Residential/Land and Building/Addendum Land and Building/Land forms are in effect. These standard forms have been updated to reflect the legalization of cannabis and are now available on WEBForms®. Update 1: Change to question in Clause 4a When completing the form, a REALTOR® should