Acts and Regulations

2011, c.215 - Real Estate Agents Act

Full text
Maintenance of records
Repealed: 2016, c.36, s.15
2016, c.36, s.15
24Repealed: 2016, c.36, s.15
1983, c.75, s.14; 2013, c.31, s.33; 2016, c.36, s.15
Maintenance of records
24An agent shall keep the following records at the agent’s office, or at any other place authorized by the Director in writing, for a period of not less than six years:
(a) a copy of each written offer to purchase real estate obtained by the agent or the agent’s manager or salesperson; and
(b) a record showing in respect of each transaction or trade
(i) the date of it,
(ii) the nature of the trade,
(iii) a description of the real estate involved sufficient to identify it,
(iv) the true consideration for the trade,
(v) the names of all parties to the trade,
(vi) the amount of the deposit received and a record of the disbursement of it, and
(vii) the amount of the agent’s commission or other remuneration and the name of the party paying it.
1983, c.75, s.14; 2013, c.31, s.33
Maintenance of records
24An agent shall keep the following records at the agent’s office, or at any other place authorized by the Director in writing, for a period of not less than six years:
(a) a copy of each written offer to purchase real estate obtained by the agent or the agent’s manager or salesperson; and
(b) a record showing in respect of each transaction or trade
(i) the date of it,
(ii) the nature of the trade,
(iii) a description of the real estate involved sufficient to identify it,
(iv) the true consideration for the trade,
(v) the names of all parties to the trade,
(vi) the amount of the deposit received and a record of the disbursement of it, and
(vii) the amount of the agent’s commission or other remuneration and the name of the party paying it.
1983, c.75, s.14; 2013, c.31, s.33
Maintenance of records
24An agent shall keep the following records at the agent’s office, or at any other place authorized by the Minister in writing, for a period of not less than six years:
(a) a copy of each written offer to purchase real estate obtained by the agent or the agent’s manager or salesperson; and
(b) a record showing in respect of each transaction or trade
(i) the date of it,
(ii) the nature of the trade,
(iii) a description of the real estate involved sufficient to identify it,
(iv) the true consideration for the trade,
(v) the names of all parties to the trade,
(vi) the amount of the deposit received and a record of the disbursement of it, and
(vii) the amount of the agent’s commission or other remuneration and the name of the party paying it.
1983, c.75, s.14