Did you know that that your strata management company (brokerage) is required to disclose certain information about benefits they receive (if any)? Since 2005, when the Real Estate Services Act became law, all real estate professionals have been required to …
Management Companies
New Disclosure Form for Strata Management Companies
Single Regulator for Real Estate
On March 9 2021, the BC legislature passed Bill 8 which included changes to the Real Estate Services Act. None of the changes will take effect immediately. The biggest shift is that the legislation enables the amalgamation of Real Estate …
Real Estate Council Suspends Licence of Diversified Properties Ltd.
Vancouver, British Columbia, September 12, 2014 – The Real Estate Council of British Columbia (the “Council”) advises that the real estate licence of Diversified Properties Ltd., Victoria, was suspended on September 10, 2014. The Council suspended this licence in the …
Strata Management Licensing gets Failing Grade from Owners
The provincial government introduced strata management licensing 7 years ago and assigned administrative responsibility to the Real Estate Council of BC. In response to complaints from strata owners about weak licensing and discipline standards, the VISOA recently conducted a survey …