OREA recently released the updates for the 2017 OREA Standard Forms and Clauses.
All information is available on the members section of OREA.com or go to http://www.realtorlink.ca/content/dam/realtorlink/on/hamilton/Forms/OREA-Summary-of-Revisions-2017.pdf for the 2017 Forms Summary of Revisions.
Many of the OREA Standard forms are affected by the revisions, including OREA Form 200 Listing Agreement – Authority to Offer for Sale, which now includes a new Electronic Signature clause.
OREA has also updated ‘OREA Forms Explained’, a member’s resource where 44 forms files are annotated to help members understand and use the forms. RAHB will be hosting an OREA Outreach 2017 Forms & Clause Revisions Update education session. The date of the session will be announced on Message of the Day (MOD) as soon as arrangements have been confirmed.
The new 2017 OREA Standard Forms are now available on the OREA website and WEBForms®. Printed forms will be available through the Realty Shoppe in mid-January.