Licensees must be aware of the challenges that exist when representing someone who claims to have the legal right to act on behalf of a property owner on the basis of a power of attorney. Is the power of attorney valid? Was it properly executed? Does it empower the attorney to deal with real property? …
By Gerry Neely B.A. LL.B A licensee recently wrote to inquire about share purchase agreements, presumably with reference to the Contract of Purchase and Sale. The question was: what terminology is best and what additional clauses should be included where shares of a limited company are the subject of the contract? With rare exception, and …
By Gerry NeelyB.A. LL.B. If a licensee is asked by a third party to list a property, the first response would be to ask to see that person’s authority to act on behalf of the owner. Before the proclamation of the Representation Agreement Act on February 28, 2000, the licensee could have received proof of that person’s …
By Gerry NeelyB.A. LL.B. A representation agreement (RA) will be the principal document used to appoint someone you trust to make your medical, personal care, financial and legal decisions. There are two types of RAs. The first is a simple representation agreement (SRA) which gives the representative the authority to make routine legal and financial …
By Gerry NeelyB.A. LL.B. The contents of the representation agreement are yours to decide. With respect to personal, medical and health care decisions, speak to your family, friends and medical professionals. It is particularly important that you speak with your doctor if you have a chronic medical problem. State whether and under what circumstances you …
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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