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New Consumer Protection Rules: Agency and Disclosure

 

New rules for real estate licensees in BC came into effect on June 15, 2018.

The rules will enhance consumer protection by:

  • increasing the number and frequency of disclosures that real estate licensees must make to consumers, and
  • in almost all cases, preventing real estate licensees from acting for both a buyer and a seller in the same transaction.

Below you’ll find information to help you understand the changes, and the services to expect from real estate professionals.