A REALTOR®’s conduct is subject to review by a variety of bodies. As agents, their conduct is subject to review by the courts where it is alleged that conduct was negligent, breached contractual requirements or was in breach of their fiduciary duties. As licensees, their conduct is subject to review by the Real Estate Council …
Vancouver, BC – April 30, 2018. BCREA today released the following statement: As the organization representing REALTORS® in BC for more than 40 years, the British Columbia Real Estate Association (BCREA) strongly disapproves of any unethical activities that reduce housing affordability, take advantage of consumers or undermine transparency. “Such practices don’t reflect the standards that …
By Gerry NeelyB.A. LL.B. The extent to which the CREA Code of Ethics and Standards of Business Practice are factors in a judge’s decision involving the liability of licensees is illustrated by the following case. A husband and wife listed their home for sale with an agent because the wife had a serious medical problem …
By Gerry NeelyB.A. LL.B. Have you ever wondered what your remedy would be if your Board imposed a penalty upon you that you thought was unfair because, in your opinion, it was based upon a wrong interpretation of the facts of the complaint made against you. Could you apply to a Judge to have him …
By Gerry NeelyB.A. LL.B. Despite the creative lending practices of a few financial institutions, such as the Crown Trust and the Canadian Commercial Bank, licensees rightly perceive that the majority of mortgage lending institutions insist that the borrower must meet fairly tough financial and market value requirements before a mortgage loan will be approved. Some …
The British Columbia Real Estate Association acknowledges that our head office is located on the unceded traditional territories of the Coast Salish Nations of Sḵwx̱wú7mesh (Squamish), səl̓ilwətaɁɬ (Tsleil-Waututh), and xwməθkwəy̓əm (Musqueam). We also acknowledge the other 195 First Nations in British Columbia, as these are the lands we each call home.
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