Licensing Application

Technology Providers’ Licensing Application for BCREA Standard Forms and Clauses

Technology Providers’ Licensing Application

Thank you for your interest in licensing BCREA Standard Forms.

BCREA will consider provincial licensing of BCREA Standard Forms and Clauses that are solely owned by BCREA, and/or forms that are jointly owned by BCREA and the Canadian Bar Association BC Branch (CBABC) (collectively, “BCREA Resources”) to Technology Providers, where the Application by the Technology Provider is supported by all member boards and all of BCREA’s criteria for licensing BCREA Resources have been met by the Technology Provider (“Applicant”). BCREA licences will be granted on a calendar year basis.

The rights granted pursuant to any licence agreement from BCREA will not grant the Applicant rights (or guarantee that the Applicant will be able to obtain rights) for the use of any member board forms or data. Even where the eight member boards support licensing, that by supporting the application, it does not mean that any of them or any brokerage or REALTOR® must enter into any agreements with, and/or use the services provided by the Applicant.

Completed Applications need to be submitted electronically and any questions should be sent to:

Sharon Brown, Senior Professional Services Coordinator

Email: [email protected]

Office: 604-742-2792

BCREA will follow its Process to Licence To Technology Providers.

BCREA will endeavor to review and consider an application from an Applicant within 90 – 120 days after the last of the pre-condition steps has occurred, so long as the Application is complete and includes all required information and documents.

Nature of Application

Nature of Application(Required)
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Nature of Application(Required)
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BCREA Standard Forms, solely owned or jointly forms requested for licensing:(Required)

BCREA Owned Forms

  • Addendum to Property Disclosure Statement
  • Amendment of Authority to Lease
  • Amendment of Buyer’s Agency Exclusive Contract
  • Amendment of Exclusive Authority to Lease
  • Amendment of Exclusive Listing Contract
  • Amendment of Multiple Listing Contract
  • Authority to Lease – Commercial
  • Authority to Lease – Residential
  • Buyer Agency Acknowledgment
  • Buyer’s Acknowledgment of Information – Recommended Conditions
  • Buyer’s Agency Exclusive Contract
  • Buyer’s Agency Exclusive Contract (Large Print)
  • Cancellation of Buyer’s Agency Exclusive Contract
  • Co-Listing Form – Joint Representation
  • Co-Listing Form – Separate Representation
  • Contract of Purchase and Sale Residential
  • Deposit: Lease Deposit Held by Other Brokerage
  • Deposit: Lease Deposit Not Held by Brokerage
  • Deposit: Purchase Deposit Held by Other Brokerage
  • Deposit: Purchase Deposit Not Held by Brokerage
  • Disclosure of Referral Payment
  • Exclusive Authority to Lease – Commercial
  • Exclusive Listing Contract (Not A Multiple Listing Contract)
  • Fee Agreement Buyer Pays (Buyer and Seller Not Represented)
  • Fee Agreement Seller Pays (Buyer and Seller Not Represented)
  • Fee Agreement Seller Pays (Buyer Represented Seller Not Represented)
  • Fee for Service Retainer Agreement
  • General Release and Authorization to Pay Deposit Funds
  • Homeowner’s Association (HOA) Schedule to Property Disclosure Statement – First Nations
  • Leasehold Properties
  • Landlord’s Fee Agreement (Tenant and Landlord Not Represented)
  • Landlord’s Fee Agreement (Tenant Represented Landlord Not Represented)
  • Lease Report and Payout Instructions
  • Limited Dual Agency Agreement (Consent to Designated Agent Acting for Both Buyer/Tenant and Seller/Landlord and to Limiting the Scope of the Agency Relationship)
  • Limited Dual Agency Agreement (Consent to Designated Agent Acting for Competing
  • Buyers/Tenants and to Limiting the Scope of the Agency Relationship)
  • Lockbox Acknowledgment, Consent, Release and Indemnity
  • Multiple Listing Contract
  • Multiple Listing Contract (Large Print)
  • Notice of Condition Waiver/Declaration of Fulfillment (Contract of Purchase and Sale)
  • Notice of Condition Waiver/Declaration of Fulfillment (Contract of Purchase and Sale) Schedule
  • Notice of Condition Waiver/Declaration of Fulfillment (Offer to Lease)
  • Notice of Condition Waiver/Declaration of Fulfillment (Offer to Lease) Schedule
  • Notice of Rescission Residential Real Property
  • Offer to Lease
  • Offer to Lease Addendum
  • Privacy Notice and Consent
  • Property Disclosure Statement First Nations Leasehold Properties
  • Property Disclosure Statement Land Only
  • Property Disclosure Statement Residential
  • Property Disclosure Statement Rural Premises – Addendum, Land and Building
  • Property Disclosure Statement Rural Premises – Land and Building
  • Property Disclosure Statement Strata Title Properties – Bare Land Strata
  • Property Disclosure Statement Strata Title Properties (Non-Bare Land Stratas)
  • Seller’s Disclosure of Material Latent Defects
  • Tenant Occupied Property – Buyer’s Notice to Seller for Vacant Possession
  • Tenant’s Fee Agreement (Landlord Represented Tenant Not Represented)
  • Tenant’s Fee Agreement (Tenant and Landlord Not Represented)

Jointly Owned Forms

  • Assignment of Contract of Purchase and Sale Addendum
  • Assignment of Contract of Purchase and Sale New Development
  • Assignment of Contract of Purchase and Sale Non-Developer
  • Contract of Purchase and Sale Addendum/Amendment
  • Contract of Purchase and Sale Business Assets
  • Contract of Purchase and Sale Business Assets Schedule
  • Contract of Purchase and Sale for Commercial Real Estate
  • Contract of Purchase and Sale for Commercial Real Estate Schedule
  • Contract of Purchase and Sale of a Leasehold Interest in First Nations Reserve Lands (Third Party Approval Not Required)
  • Contract of Purchase and Sale of a Leasehold Interest in First Nations Reserve Lands (Third Party Approval Required)
  • Contract of Purchase and Sale of a Manufactured Home on a Rental Site
  • Contract of Purchase and Sale of a Manufactured Home on a Rental Site Addendum
  • Tenant’s Agency Exclusive Contract
BCREA Clauses, solely owned, requested for licensing:

Empty House Tax

  • Empty Homes Tax – Annual Declaration
  • Empty Homes Tax – Basic Clause
  • Empty Homes Tax – Holdback Pending Appeal to Vacancy Tax Review Officer Regarding the City’s Decision
  • Empty Homes Tax – Holdback Pending Appeal to Vacancy Tax Review Panel Regarding the City’s Decision
  • Empty Homes Tax – Holdback Pending Determination if Property Subject to EHT
  • Empty Homes Tax – Homes Used for Work Purposes – Exemption
  • Empty Homes Tax – Major Renovations – Exemption
  • Empty Homes Tax – Mutual Condition
  • Empty Homes Tax – No Tax Notice Issued by City
  • Empty Homes Tax – Owner Deceased – Exemption
  • Empty Homes Tax – Owner’s Illness – Exemption
  • Empty Homes Tax – Seller Warrants Property NOT Subject to EHT
  • Empty Homes Tax – Seller Warrants Property Subject to EHT
  • Empty Homes Tax – Strata Rental Restrictions – Exemption
  • Empty Homes Tax – Vacant Property (Buyer pays)
  • Empty Homes Tax – Vacant Property (Seller and Buyer Paying Pro Rata Share)
  • Empty Homes Tax – Vacant Property (Seller Pays)
  • Empty Homes Tax – Vacant Property – Land Assembly (Buyer pays)
  • Empty Homes Tax Declaration – Not Yet Issued by City and Won’t be by Completion Date with PSD to be Filed by Buyer – EHT Not Payable
  • Empty Homes Tax Declaration – Not Yet Issued by City But Will be by Completion Date and PSD to be Filed by Seller – EHT Not Payable
  • Empty Homes Tax Declaration – Not Yet Issued by City to be Filed by Buyer – EHT Payable
  • Empty Homes Tax Declaration – Not Yet Issued by City to be Filed by Seller – EHT Payable

First Nations Reserve Lands Clause

  • Acknowledgment of Fee for Assignment of Lease – First Nations Reserve Lands Clause
  • Approval of Homeowner’s Association (HOA) Documentation
  • Buyer’s Approval of the Lease
  • Buyer’s Acknowledgment of Home Insurance – Head Lease
  • Buyer’s Acknowledgment of Sublease Payment and Homeowner’s Association (HOA) Fees – First Nations Reserve Lands Clause
  • Buyer’s Acknowledgment of the Lease
  • Buyer’s Acknowledgment on the term of the lease and Lease Payments – First Nations Reserve Lands Clause
  • Buyer’s Approval of the Property Disclosure Statement – First Nations Leasehold Interest in Reserve Lands
  • Homeowner’s Association (HOA) Membership
  • Homeowner’s Association Bylaws and Rules Changes Notification
  • Legal Advice
  • Parking Stalls and Storage Locker Verification
  • Receipt of Homeowner’s Association (HOA) Documentation
  • Receipt of Property Disclosure Statement
  • Special Levy Hold Back – Seller Agrees to Hold Back to Pay for Special Levy Approved Before – Completion
  • Title Insurance Condition

Manufactured Homes

  • Subject Clause – Seller’s Disclosure (Not available at time of offer)

Negative Assignment Amounts Clause

  • Assignment of Contract of Purchase and Sale New-Development
  • Assignment of Contract of Purchase and Sale Non-Developer

Other

  • Buyers are Foreign Entities

Strata

  • Seller Pays Strata Levy Proposed Before Closing
  • Strata Insurance Clause

Title Clauses

  • Attaching Copy of Title to Contract
  • Identifying Permitted Encumbrances to Remain Post-Closing on Attached Title
  • Listing Permitted Encumbrances to Remain Post-Closing

Applicant Information

Official Legal Name:(Required)

Member Boards’ Support

BCREA requires support from all eight member boards to consider licensing BCREA Resources to Applicants. Documentation will be required from all member boards indicating support for BCREA to licence to a particular Technology Provider.

(Note: that by supporting the Application, it does not bind member boards, brokerages or REALTORS® to enter into any agreements and/or use the third-party services.)

Product Information (REQUIRED)

[The more detailed information, the better.]

[*Note: successful licensing of the forms is limited to the product for which this Application was submitted.]
[Please describe.]

Confirmations (REQUIRED)

Please provide the following confirmation:(Required)
Please provide the following confirmation:(Required)
Please provide the following confirmation:(Required)

Application Fee, Performance Bond, Initial Licence Fee, and Annual Administration Fee

The Applicant pays the Initial Application Fee before BCREA considers the Application. BCREA will use the information contained in the Application and provide an invoice to the Applicant.

If successful, BCREA will inform the Applicant, and the Applicant will:

  • Deliver BCREA a Performance Bond as security for performance of the licence terms; and,
  • Pay BCREA an Initial Licence Fee; and,
  • Pay BCREA an Annual Administration fee for each year of the term of the licence.

If the initial term commences after January 1, the initial term’s Annual Administration Fee will be prorated on a daily basis for that initial term. The Applicant is aware that it is required to pay BCREA the Annual Administration Fee for all years of the licence term after the initial term (each a “Subsequent Year”) on or before December 15 of the year immediately prior to the commencement of the Subsequent Year if the licence is extended for a Subsequent Year.

As of January 1, 2023, the current amounts for the Performance Bond and fees are as follows:

  • Initial Application Fee: $ 500
  • Performance Bond: $5,000
  • Initial Licence Fee: $7,500
  • Annual Administration Fee: $2,500

All such amounts are subject to BCREA’s ongoing review and are subject to change at BCREA’s discretion.

BCREA reserves the right to close and discontinue its review of:

  1. any incomplete application that the Applicant does not complete within 30 days after the initial submission date, or
  2. any Application to which the Applicant does not reply in writing to a request by BCREA, for more than 30 days after BCREA first makes such request to the Applicant (in each case a “Closed Application”).

BCREA will not refund any fees: Initial Application Fee, Initial Licence Fees, Annual Administration fees or other related fees paid by an Applicant, regardless of whether the Application is approved or in the case of a Closed Application, or if approved, and the licence is terminated for any reason prior to the end of the current term (or extended term).

By submitting this Application, I affirm as the Technology Provider that our organization is financially stable, and we can provide adequate training, software support and infrastructure for BCREA Resources.

Signature
Print Name
MM slash DD slash YYYY
Date

Thank you for your submission.

BC Real Estate Association

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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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