Acts and Regulations

2011, c.215 - Real Estate Agents Act

Full text
Regulations
48The Lieutenant-Governor in Council may make regulations
(a) in order to ensure compliance with this Act and the regulations and the payment of money held for the account of a person by an agent, providing for the furnishing of security or proof of financial responsibility by agents in the amounts and in the form and on the conditions that may be considered necessary to obtain those objects, which regulations may discriminate between persons required to furnish security or proof of financial responsibility in accordance with the number of salespersons employed by them and the volume of business done by them;
(b) prescribing the fees payable on application for licence and any other fees in connection with the administration of this Act and the regulations;
(c) respecting forms for use under this Act and the regulations;
(d) providing for investigations into complaints against an agent;
(e) prescribing the practice and procedure on investigations;
(f) providing for the regulation of trading by agents, including the particulars to be contained in advertisements for the purchase, sale or exchange of real estate;
(f.1) requiring, for the purposes of subsection 43.1(3), that certain books, records or accounts be kept;
(f.2) authorizing disclosures for the purposes of subsection 43.51(2);
(f.3) prescribing circumstances, fees and expenses for the purposes of subsection 43.12(8);
(g) Repealed: 2016, c.36, s.15
(h) respecting the inspection, examination and audit of the books, records and accounts of agents by the Association;
(i) exempting persons or classes of persons from the application of the Act;
(j) respecting the qualifications required of an applicant for a licence under this Act and the statements and other documents to be produced by an applicant;
(k) respecting the authority of the Director to waive all or a portion of the qualifications for a licence under this Act that relate to previous experience;
(l) prescribing institutions at which agents may maintain an account for trust deposits;
(m) providing for the regulation of the assigning or paying over of forfeited bonds;
(n) respecting the use of a standard form of a listing agreement in the trade of real estate, and prescribing the form and the size, type and colour of lettering used in any provision of it;
(o) prescribing the amount of deposit for the purposes of subsection 22(9);
(p) for the better carrying out of the provisions of this Act and for the more efficient administration of them.
R.S.1973, c.R-1, s.26; 1982, c.3, s.64; 1983, c.8, s.30; 1983, c.75, s.28; 1986, c.67, s.9; 1995, c.31, s.22; 2013, c.31, s.33; 2016, c.36, s.15
Regulations
48The Lieutenant-Governor in Council may make regulations
(a) in order to ensure compliance with this Act and the regulations and the payment of money held for the account of a person by an agent, providing for the furnishing of security or proof of financial responsibility by agents in the amounts and in the form and on the conditions that may be considered necessary to obtain those objects, which regulations may discriminate between persons required to furnish security or proof of financial responsibility in accordance with the number of salespersons employed by them and the volume of business done by them;
(b) prescribing the fees payable on application for licence and any other fees in connection with the administration of this Act and the regulations;
(c) respecting forms for use under this Act and the regulations;
(d) providing for investigations into complaints against an agent;
(e) prescribing the practice and procedure on investigations;
(f) providing for the regulation of trading by agents, including the particulars to be contained in advertisements for the purchase, sale or exchange of real estate;
(g) prescribing the books, accounts and records to be kept and maintained by agents, and providing for their inspection by the Director or the Director’s representative and for their audit;
(h) respecting the inspection, examination and audit of the books, records and accounts of agents by the Association;
(i) exempting persons or classes of persons from the application of the Act;
(j) respecting the qualifications required of an applicant for a licence under this Act and the statements and other documents to be produced by an applicant;
(k) respecting the authority of the Director to waive all or a portion of the qualifications for a licence under this Act that relate to previous experience;
(l) prescribing institutions at which agents may maintain an account for trust deposits;
(m) providing for the regulation of the assigning or paying over of forfeited bonds;
(n) respecting the use of a standard form of a listing agreement in the trade of real estate, and prescribing the form and the size, type and colour of lettering used in any provision of it;
(o) prescribing the amount of deposit for the purposes of subsection 22(9);
(p) for the better carrying out of the provisions of this Act and for the more efficient administration of them.
R.S.1973, c.R-1, s.26; 1982, c.3, s.64; 1983, c.8, s.30; 1983, c.75, s.28; 1986, c.67, s.9; 1995, c.31, s.22; 2013, c.31, s.33
Regulations
48The Lieutenant-Governor in Council may make regulations
(a) in order to ensure compliance with this Act and the regulations and the payment of money held for the account of a person by an agent, providing for the furnishing of security or proof of financial responsibility by agents in the amounts and in the form and on the conditions that may be considered necessary to obtain those objects, which regulations may discriminate between persons required to furnish security or proof of financial responsibility in accordance with the number of salespersons employed by them and the volume of business done by them;
(b) prescribing the fees payable on application for licence and any other fees in connection with the administration of this Act and the regulations;
(c) respecting forms for use under this Act and the regulations;
(d) providing for investigations into complaints against an agent;
(e) prescribing the practice and procedure on investigations;
(f) providing for the regulation of trading by agents, including the particulars to be contained in advertisements for the purchase, sale or exchange of real estate;
(g) prescribing the books, accounts and records to be kept and maintained by agents, and providing for their inspection by the Director or the Director’s representative and for their audit;
(h) respecting the inspection, examination and audit of the books, records and accounts of agents by the Association;
(i) exempting persons or classes of persons from the application of the Act;
(j) respecting the qualifications required of an applicant for a licence under this Act and the statements and other documents to be produced by an applicant;
(k) respecting the authority of the Director to waive all or a portion of the qualifications for a licence under this Act that relate to previous experience;
(l) prescribing institutions at which agents may maintain an account for trust deposits;
(m) providing for the regulation of the assigning or paying over of forfeited bonds;
(n) respecting the use of a standard form of a listing agreement in the trade of real estate, and prescribing the form and the size, type and colour of lettering used in any provision of it;
(o) prescribing the amount of deposit for the purposes of subsection 22(9);
(p) for the better carrying out of the provisions of this Act and for the more efficient administration of them.
R.S.1973, c.R-1, s.26; 1982, c.3, s.64; 1983, c.8, s.30; 1983, c.75, s.28; 1986, c.67, s.9; 1995, c.31, s.22; 2013, c.31, s.33
Regulations
48The Lieutenant-Governor in Council may make regulations
(a) in order to ensure compliance with this Act and the regulations and the payment of money held for the account of a person by an agent, providing for the furnishing of security or proof of financial responsibility by agents in the amounts and in the form and on the conditions that may be considered necessary to obtain those objects, which regulations may discriminate between persons required to furnish security or proof of financial responsibility in accordance with the number of salespersons employed by them and the volume of business done by them;
(b) prescribing the fees payable on application for licence and any other fees in connection with the administration of this Act and the regulations;
(c) respecting forms for use under this Act and the regulations;
(d) providing for investigations into complaints against an agent;
(e) prescribing the practice and procedure on investigations;
(f) providing for the regulation of trading by agents, including the particulars to be contained in advertisements for the purchase, sale or exchange of real estate;
(g) prescribing the books, accounts and records to be kept and maintained by agents, and providing for inspection of them by the Minister or the Minister’s representative and for the audit of them;
(h) respecting the inspection, examination and audit of the books, records and accounts of agents by the Association;
(i) exempting persons or classes of persons from the application of the Act;
(j) respecting the qualifications required of an applicant for a licence under this Act and the statements and other documents to be produced by an applicant;
(k) respecting the authority of the Minister to waive all or a portion of the qualifications for a licence under this Act that relate to previous experience;
(l) prescribing institutions at which agents may maintain an account for trust deposits;
(m) providing for the regulation of the assigning or paying over of forfeited bonds;
(n) respecting the use of a standard form of a listing agreement in the trade of real estate, and prescribing the form and the size, type and colour of lettering used in any provision of it;
(o) prescribing the amount of deposit for the purposes of subsection 22(9);
(p) for the better carrying out of the provisions of this Act and for the more efficient administration of them.
R.S.1973, c.R-1, s.26; 1982, c.3, s.64; 1983, c.8, s.30; 1983, c.75, s.28; 1986, c.67, s.9; 1995, c.31, s.22