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Brokerage Standards Manual

XI. Appendix

Authorization Form – Interest To Real Estate Foundation

 

AUTHORIZATION FORM

TO: (Bank or Financial Institution)

RE: Real Estate Foundation of BC – Section 29 of the Real Estate Services Act

General Trust Account(s) Number

We hereby authorize you to pay interest on our brokerage’s general trust account(s) in accordance with the terms of the agreement between the (Bank, Savings Institution) and the Real Estate Foundation of BC. The interest earned on this account shall be held in trust for the Real Estate Foundation of BC pursuant to the Real Estate Services Act, Section 29 and shall be paid directly to:

TO

FROM

Real Estate Foundation of BC
Suite 570 – 355 Burrard Street
Vancouver, B.C. V6C 2G8
Phone # 604-688-6800

Brokerage:
Address:
Phone #:
Date:
Authorized Signing Officer(s)

NOTE:

Original to Financial Institution
Copy to Real Estate Foundation of BC
Copy to be retained on file by Brokerage