The Ontario Real Estate Association has eight openings on the OREA Board of Directors: four Directors at Large and four Provincial Directors (one each from the Western, Northern, Eastern and Central areas). The election will take place March 6, 2013.
Effective September 17, 2012, OREA members who are the subject of a RECO complaint can speak with OREA lawyer Diana Russo to obtain legal information on the RECO investigative and adjudicative process.
This new service also offers local real estate boards and their members resources pertaining to the professional conduct of REALTORS® and RECO’s standards.
While this service is intended to assist Members to navigate the often stressful RECO complaints process, it is not intended to replace the information available through RECO. Members are encouraged to regularly check the information provided on the RECO website, in addition to using the new service.
If you would like additional information on this service, please contact Diana Russo by telephone at 416.385.6626 or by email at DianaR@orea.com.”
The Ontario Real Estate Association has just released two videos promoting REALTOR® value. Check them out here and here. Share them with your buyers and sellers!
OREA’s Government Relations Committee recently heard presentations regarding wind turbines and their effect on real estate values.
The Government Relations Committee is taking the following actions:
1. The Committee will investigate the feasibility of doing research related to the impact wind turbines might have on property values.
2. The Committee is in the process of consulting with the OREA College as to whether or not OREA could develop a continuing education course to educate members on wind turbine related issues.
3. The Committee has asked the Standards Forms Committee to look at the feasibility of incorporating wind turbine related clauses directly into the Standard Form Agreement of Purchase and Sale.
4. OREA wrote the Minister of Energy and the Minister of the Environment and asked them to work with REALTORS® and municipal governments to mitigate any adverse effects these alternate energy projects may have.
Questions about these issues should go to Matthew Thornton, Assistant Director of Government Relations at 416.385.6624 or mthornton@orea.com.
The Ontario Real Estate Association (OREA) endorsed proposed legislation introduced at Queen’s Park that, if passed, would facilitate the use of electronic agreements of purchase and sale of real estate. Currently, Ontario REALTORS® are reluctant to use electronic agreements of purchase and sale because they are exempt from the legal protections of the Electronic Commerce Act, 2000. (more…)
The OREA Standard Forms Committee works continually to make sure its forms are relevant and current. The 2012 OREA Standard forms (pdf format) are now available. Form 141 – Assignment of Agreement of Purchase and Sale – Condominiums is new, and several forms have been revised. To see a complete list of all the Standard Forms updates for 2012, download the 2012 Standard Forms Summary of Changes, from the OREA Website. WEBFormsâ„¢ and NCR forms will be available in January 2012.