Frequently Asked Questions for Consumers
General Questions
How do I file a complaint about a real estate licensee?
If you have been involved in a trade in real estate in which you believe a real estate licensee may have acted improperly, or you have engaged a brokerage to provide you with rental property management or strata management services, and believe that licensee has not acted properly, you may contact the Real Estate Council with respect to filing a complaint. Note: The Real Estate Council is not empowered to resolve commission disputes, make monetary settlements or adjudicate contract matters. Please refer to the Making a Complaint About a Licensee page on this site or contact the Council and request a Complaint's Package at 604-683-9664, toll-free 1-877-683-9664 or email at info@recbc.ca
The Real Estate Services Act states that a real estate brokerage holds deposits with respect to a trade in real estate as a stakeholder. The money is held for the transaction and not on behalf of one of the parties. If a party does not remove a subject clause, or the trade is for some other reason not going to complete, the brokerage requires the signature of both the buyer and seller in order to release the deposit. If either party will not agree to the release of the deposit, then the parties may have to apply to court for a determination of the deposit issue. You may also want to refer to the "Information about the contract" section of the Contract of Purchase and Sale under #2 – Deposits.
Can I rescind a listing contract?
The listing contract is a legally binding contract and you have to get the agreement of the other party in order to cancel the obligations that contract has created. If you cannot get that agreement, you may wish to seek legal advice.
Does a licensee have an obligation to have known about a
defect and should they have advised me of it?
Sellers and their licensees have an obligation to disclose known latent defects to buyers. A latent defect is one that is not obvious on a reasonable inspection of the property and which would have a substantial impact on the buyer’s use or enjoyment of the property. If a buyer believes that information about a known latent defect has been withheld by the seller or the seller’s licensee, legal advice should be obtained.
Can I rescind a Contract of Purchase and Sale?
Once accepted by the seller and buyer, a Contract of Purchase and Sale becomes a binding agreement that creates certain responsibilities that each have agreed to accept and/or perform. A seller or buyer should always obtain legal advice prior to taking any action that may place them in breach of a contract.
How can I find out whether someone is licensed under the
Real Estate Services Act?
The name of an individual or of a company may be searched Licensee Search page. That data base will tell you whether a particular individual or company is licensed to provide real estate services. Only information related to currently licensed individuals is available.
Can I find out if a licensee has had any complaints filed
against them?
Disciplinary orders dating back to 2004 are posted here. The Council does not provide information about whether complaints have been filed about individuals; only orders related to a finding of professional misconduct are posted.
Strata Management Questions
How do I file a complaint against a strata manager?
As of January 1, 2006, certain strata management
services became activities for which
a real estate licence is required and the conduct of licensed strata
managers providing those services became subject to the requirements of the Real Estate Services
Act, over which the Real Estate Council has jurisdiction. However,
the Strata Property Act, the legislation that governs the rights
and obligations of strata corporations, strata councils and strata owners,
remains a self-administered statute and there are no enforcement provisions
under that legislation for the Government of BC or the Real Estate Council.
Under the Strata Property Act, it is up to the owners themselves, with
the possible assistance of the courts or an arbitrator and/or mediator,
to resolve disputes and ensure compliance with the provisions of the Strata
Property Act. Strata managers act under the direction of the strata
council of the strata corporation, by which they are engaged. It is the
strata corporation as a whole that is the client of the strata manager,
not the individual owners. Therefore, if individual strata lot owners have
concerns about a strata manager, they are advised to first take their
concerns to their strata council for consideration and any action the strata
council may see fit to take. This may include the strata council submitting
a complaint to the Real Estate Council with respect to the conduct of
the strata manager if the strata council believes the strata manager
has contravened the Real Estate Services Act.
As a general policy, the Real Estate Council requires complaints regarding
licensed strata managers to be submitted by strata councils, accompanied
by a copy of the minutes of the council meeting that confirms the passing
of a motion to submit such a complaint to the Real Estate Council. Further
information is available on the
Making
a Complaint About a Licensee page.
Do owners in a strata corporation require licensing, or
can a strata corporation be self-managed without licensing?
Strata corporations may self-manage without being licensed. This self-management may be undertaken by strata lot owners within the strata corporation. Sections 2.1 and 2.18 of the Real Estate Services Regulation provide for exemptions from licensing for employees of the strata corporation, and for caretakers/managers employed by the strata corporation, respectively. The details of these exemption sections may be reviewed by viewing the Real Estate Services Regulation.
Does a strata corporation have to enter into a ‘standard’ service
agreement with a brokerage that is providing strata management services to
it?
Section 5-1 of the Council Rules requires a brokerage wishing to provide
strata management services to a strata corporation to enter into a written
service agreement with that client by January 1, 2008, unless the client does not wish to
do so. If such an agreement is entered into, section 5-1 outlines a number
of typical issues which must be addressed in that agreement. It does
not dictate how those issues are to be addressed. That is a matter of
negotiation between the parties.
Some strata management brokerages prefer to enter into a ‘standard’ agreement
which has been created by a law firm on behalf of a Lower Mainland based
strata management association, knowing that this agreement addresses
the issues required to be addressed by section 5-1 of the Council Rules.
However, strata corporations are at liberty to negotiate how any or all
of the matters set out in section 5-1 are to be established. Strata corporations
may wish to obtain independent legal advice with respect to the service
agreement they are been asked to enter into.
If a strata corporation enters into a service agreement
with a brokerage, is that brokerage required to hold the strata corporation’s
funds?
No. As with other aspects of the services that a strata manager may provide, this is a matter of negotiation between the strata corporation and the brokerage. If a brokerage is to collect and hold funds on behalf of the strata corporation, those funds must be kept in a separate trust account in the name of the brokerage on behalf of the client e.g. ABC Strata Management Co. in trust for VR 12777. If the brokerage is to also collect and hold special levy and/or contingency reserve funds on behalf of the strata corporation, those funds must be held in at least one other separate trust account.
Links to organizations that can provide assistance:
Residential Tenancy
If you have questions concerning the application of the Residential
Tenancy Act, information can be obtained from Residential Tenancy
Office web site at
www.rto.gov.bc.ca
Builder Licensing and Residential Home Warranties
If you have questions concerning residential builder licensing or residential
building warranties, information can be obtained from the Homeowner Protection
Office web site at
www.hpo.bc.ca/Licensing/index.htm
Architects
If you have questions concerning the conduct of your architect, information
can be obtained from the Architectural Institute of British Columbia’s
web site at
www.aibc.ca
Legal
If you have questions concerning the conveyance of your home by a lawyer,
information can be obtained from the Law Society of British Columbia web site
at
www.lawsociety.bc.ca/
If you have questions concerning the conveyance of your home by a Notary
Public, information can be obtained from the Society of Notaries Public
of British Columbia web site at
www.notaries.bc.ca/
Interest-free Repair Loans
If you have questions concerning the Homeowner Protection Offices’ Reconstruction
Loan Program, information can be obtained from the Homeowner Protection Office
web site at
www.hpo.bc.ca/Loan/index.htm
Property Transfer Tax
If you have questions concerning the Property Transfer Tax and exemptions,
information can be obtained from the Ministry of Provincial Revenue web
site at
www.rev.gov.bc.ca/rpt/
Property Assessments
If you have questions about your property assessment or would
like to appeal it, information can be obtained from the BC Assessment
Authority web site at
www.bcassessment.bc.ca/