BCREA Creates Notice & Acknowledgement Form for Use During COVID-19 Pandemic

The British Columbia Real Estate Association (BCREA) has created a new Standard Form, the Notice & Acknowledgement form, for use by REALTORS® during the COVID-19 pandemic. It is now available on WEBForms®.

With the practice of real estate having changed since the outbreak of COVID-19, your clients may have many questions and concerns over how operating in the COVID-19 environment affects a transaction. The Notice & Acknowledgement form is intended to help protect their interests by helping them make informed decisions.
 
Used at the beginning of a transaction, the form:

• Provides a notice of certain changes to real estate practice due to COVID-19,
• supports client safety, and
• provides a recommendation to seek legal advice.

We have created a guide for Realtors to further understand the purpose of the form. The guide elaborates on the three key purposes of the form and highlights who should use the form and when.

The Notice & Acknowledgement form is now available through WEBForms®, under BCREA Standard Forms (REALTOR Link® username and password required for access).
 
For more information and resources related to real estate practice during the COVID-19 pandemic, visit the BCREA COVID-19 resources page.

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