New BCREA Course Unveils the Essentials of Real Estate Disclosures

Feb 01, 2024

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Posted by
Ivonne García
Editorial and Content Specialist

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Explore the fundamental aspects of real estate disclosures in BCREA’s new course Introduction to Disclosures in Real Estate. Aimed at new REALTORS® embarking on their real estate journeys, this course covers the intricacies of mandatory disclosure requirements set forth by common law, statute law, and professional sector standards.

(BCREA Access Login required)

Introduction to Disclosures in Real Estate delves into disclosure obligations when establishing agency relationships, navigating conflicts of interest, dealing with unrepresented parties, and managing dual agency scenarios. At the same time, the course extends to mandatory property disclosures, advertising considerations, and the disclosure of remuneration.

This self-paced online course is worth three Professional Development Program hours. By the end of it, learners will understand their disclosure obligations when working with buyers and sellers and will be able to name the mandatory disclosure forms required by the BC Financial Services Authority and the standard forms provided by BCREA to assist REALTORS® in making disclosures.

While this new course briefly addresses disclosures under the Real Estate Development Marketing Act, it primarily caters to new REALTORS® who are less likely to represent developers. However, if you want to learn more about disclosures or work in property management, an advanced course, Disclosures in Real Estate, is recommended for a more comprehensive exploration.

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