Report from Council Newsletter, December 2016
10 Things You Need to Know About Complaints, Investigations, and Council Discipline
One of the most important ways the Real Estate Council protects consumers is by responding to complaints about real estate licensees.
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Our Mission is Consumer Protection
The purpose of the Real Estate Council is to serve the public interest and protect consumers by ensuring that real estate licensees are competent professionals serving their clients’ best interests.
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Changes to Real Estate Services Regulation and Bylaws
On October 24, 2016 amendments to the Real Estate Services Regulation took effect. Under the amendments, new regulations were introduced to set the quorum for Council meetings.
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Council Welcomes Lenard Hrycan
On December 2, Lenard Hrycan became the 12th member to be appointed to the Real Estate Council of BC. Mr. Hrycan, who has been appointed for a two-year term, is retired as the Kamloops director of community and corporate affairs.
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Discriminatory Covenants: What Licensees Can Do
As a real estate licensee, you know it is essential to conduct a title search on every listing, to ascertain who owns the property, the status of the property (i.e. fee simple or leasehold) and any encumbrances against the property.
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Is It Yours or Mine?
In this issue of You Asked Us we’re focusing on deposits – specifically, on whether licensees should use a contract clause to clarify who is entitled to the deposit if a deal collapses.
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Disciplinary Decisions
Since the October 2016 Report from Council newsletter, the following actions have been taken as a result of disciplinary hearings and Consent Orders conducted by the Council.
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