Acts and Regulations

2011, c.215 - Real Estate Agents Act

Full text
Death of licensed agent
16(1)Despite paragraph 4(1)(a), when a licensed agent who is an individual dies or becomes incapacitated, on receipt of an application for a licence and on payment of the prescribed fee, the Director may issue a temporary agent’s licence to a person who, in the opinion of the Director, is qualified to act as an agent.
16(2)The licence issued under subsection (1) shall be for a term of not more than six months and shall authorize the holder to carry on the business of an agent only in relation to the trading in real estate of the deceased or incapacitated agent.
16(3)Despite any other provision of this Act, when a licence is issued under subsection (1), a salesperson licensed as a salesperson under this Act who was employed by the deceased or incapacitated agent at the time of the death or incapacitation of the agent shall be deemed to be licensed as a salesperson under this Act and to be employed by and to represent the agent who is issued the temporary agent’s licence under subsection (1) for the period for which the temporary licence is issued except that termination of the employment of the salesperson with the agent who is issued the temporary agent’s licence under subsection (1) shall operate as a cancellation of the salesperson’s licence.
16(4)Despite any other provision of this Act, when a licence is issued under subsection (1), a manager licensed as a manager under this Act who was employed by the deceased or incapacitated agent at the time of the death or incapacitation of the agent shall be deemed to be licensed as a manager under this Act and to be employed by and to represent the agent who is issued the temporary agent’s licence under subsection (1) for the period for which the temporary licence is issued except that termination of the employment of the manager with the agent who is issued the temporary agent’s licence under subsection (1) shall operate as a cancellation of the manager’s licence.
R.S.1973, c.R-1, s.10; 1989, c.34, s.3; 1995, c.31, s.5; 2013, c.31, s.33
Death of licensed agent
16(1)Despite paragraph 4(1)(a), when a licensed agent who is an individual dies or becomes incapacitated, on receipt of an application for a licence and on payment of the prescribed fee, the Director may issue a temporary agent’s licence to a person who, in the opinion of the Director, is qualified to act as an agent.
16(2)The licence issued under subsection (1) shall be for a term of not more than six months and shall authorize the holder to carry on the business of an agent only in relation to the trading in real estate of the deceased or incapacitated agent.
16(3)Despite any other provision of this Act, when a licence is issued under subsection (1), a salesperson licensed as a salesperson under this Act who was employed by the deceased or incapacitated agent at the time of the death or incapacitation of the agent shall be deemed to be licensed as a salesperson under this Act and to be employed by and to represent the agent who is issued the temporary agent’s licence under subsection (1) for the period for which the temporary licence is issued except that termination of the employment of the salesperson with the agent who is issued the temporary agent’s licence under subsection (1) shall operate as a cancellation of the salesperson’s licence.
16(4)Despite any other provision of this Act, when a licence is issued under subsection (1), a manager licensed as a manager under this Act who was employed by the deceased or incapacitated agent at the time of the death or incapacitation of the agent shall be deemed to be licensed as a manager under this Act and to be employed by and to represent the agent who is issued the temporary agent’s licence under subsection (1) for the period for which the temporary licence is issued except that termination of the employment of the manager with the agent who is issued the temporary agent’s licence under subsection (1) shall operate as a cancellation of the manager’s licence.
R.S.1973, c.R-1, s.10; 1989, c.34, s.3; 1995, c.31, s.5; 2013, c.31, s.33
Death of licensed agent
16(1)Despite paragraph 4(1)(a), when a licensed agent who is an individual dies or becomes incapacitated, on receipt of an application for a licence and on payment of the prescribed fee, the Minister may issue a temporary agent’s licence to a person who, in the opinion of the Minister, is qualified to act as an agent.
16(2)The licence issued under subsection (1) shall be for a term of not more than six months and shall authorize the holder to carry on the business of an agent only in relation to the trading in real estate of the deceased or incapacitated agent.
16(3)Despite any other provision of this Act, when a licence is issued under subsection (1), a salesperson licensed as a salesperson under this Act who was employed by the deceased or incapacitated agent at the time of the death or incapacitation of the agent shall be deemed to be licensed as a salesperson under this Act and to be employed by and to represent the agent who is issued the temporary agent’s licence under subsection (1) for the period for which the temporary licence is issued except that termination of the employment of the salesperson with the agent who is issued the temporary agent’s licence under subsection (1) shall operate as a cancellation of the salesperson’s licence.
16(4)Despite any other provision of this Act, when a licence is issued under subsection (1), a manager licensed as a manager under this Act who was employed by the deceased or incapacitated agent at the time of the death or incapacitation of the agent shall be deemed to be licensed as a manager under this Act and to be employed by and to represent the agent who is issued the temporary agent’s licence under subsection (1) for the period for which the temporary licence is issued except that termination of the employment of the manager with the agent who is issued the temporary agent’s licence under subsection (1) shall operate as a cancellation of the manager’s licence.
R.S.1973, c.R-1, s.10; 1989, c.34, s.3; 1995, c.31, s.5