RECO’s proposals for REBBA reform – For the RECOrd – December 2018

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Learn about RECO’s proposals for REBBA reform

 

The Real Estate and Business Brokers Act, 2002 (REBBA) provides a strong foundation for regulating the real estate sector, but it is due for an update to reflect the changing marketplace.

 

Proposals For REBBA Reform provides an easy-to-understand explanation of the recommendations that RECO has provided to the government, such as:

  • Providing RECO with rule-making authority;
  • Giving RECO’s Discipline and Appeals Committees the power to suspend or revoke registrations; and
  • Requiring that registrants provide buyers and sellers with a consumer-focused guide prepared by RECO before they enter into a relationship with a brokerage.

 Check it out

Author: bramptonrealestateboard

At the Brampton Real Estate Board (BREB) we believe in the ownership of Real Estate. Our objective is to contribute to the capability and growth of our members in their endeavors by marketing all forms of real property throughout the greater Brampton, Halton Hills and Caledon marketplaces and beyond. The Brampton Real Estate Board is dedicated to providing an environment in which it’s Member REALTORS®, employees, Board of Directors, and Committee volunteers are encouraged to grow, succeed and develop in order to provide the highest level of professional conduct and service.

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