The Language of Condition Removal – “Fulfilled” or “Waived”? #594
Condition removal represents a milestone in any real estate transaction. Until the condition is fulfilled or waived, the contract is binding on the parties;…
Tag: Legally Speaking
A Team-Based Approach to Supporting Your Clients #593
REALTORS® play a central role in guiding their clients through the twists and turns of real estate transactions, but they…
Contract Etiquette for REALTORS®: Navigating Changes, Strikeouts, and Initials #592
A properly drafted Contract of Purchase and Sale (CPS) is critical to the successful completion of a real estate transaction….
Working With Vulnerable Clients #591
As professional advisors, REALTORS® often encounter clients experiencing various forms of vulnerability, such as diminished capacity, coercion, or abuse. REALTORS®…
Proceeding With Caution: Court-Ordered Sales in the Foreclosure Context #590
At times messy and complicated, court-ordered sales happen when a property is sold pursuant to a court order. These sales…
Property Disclosure and Non-Disclosure: What Every REALTOR® Should Know #589
The new Property Disclosure Statement (PDS) and Property No-Disclosure Statement (PNDS) represent a fundamental change to the day-to-day practice of…
Navigating Contract Amendments: Key Risks When a Back-Up Offer Exists #588
When used strategically, a back-up offer can be a powerful tool. But whether you’re representing a buyer or a seller,…
Human Rights: What to Remember When Purchasing, Selling, or Renting Properties #587
It is always prudent to familiarize yourself with or learn more about our provincial human rights legislation, the Human Rights…
REALTOR®’s Duty: Acting in the Best Interest of the Client #586
The relationship between a REALTOR® and a client is an agency relationship with the client as the principal and the…
Personal Information and BCREA’s Privacy Notice and Consent Form #585
We are all living in the data age, whether we like it or not. Data is everywhere, and the collection…
