The Prohibition on the Purchase of Residential Property by Non-Canadians Act, effective since Jan. 1, 2023, was extended until the start of 2027 on Feb. 4, 2024. This legislation restricts foreign corporations and non-Canadian citizens from buying residential property in Canada.
To improve searchability for listings that are conditionally sold with a time clause condition, listing agents can now use the “time clause” feature to indicate the listing has a time clause offer.
There is an important update from the Alberta government on security deposit interest payments to tenants, which will come into effect on Jan. 1, 2024.
Updating, checking, and following instructions on ShowingTime™ ensures a smooth showing process for buyers and sellers.
Our fictional members have been through the investigation and hearing process, and the hearing panel’s decisions have been made.
The REALTOR® Cooperation Policy takes effect on Jan. 3, and CREB® is getting you ready for it. The 10 Alberta real estate boards have established a harmonized rule and approach to fulfill the requirements of CREA's policy, which states, "Boards and Associations operating MLS® Systems must adopt and enforce this policy in their MLS® System Rules or an equivalent policy."
As we approach the new year, it's crucial for all members to be aware of upcoming changes to the Residential Measurement Standard (RMS) that will be effective from Jan. 1, 2024.
Remember our fictional members going through the complaint process? This week, we’re continuing the story.
CREB®’s Practice Governance Standing Committee (PGSC) and the board of directors are reviewing different methods to develop an enforcement process to uphold the CREA REALTOR® Cooperation Policy, which was added to the REALTOR® Code earlier this year.
As we approach the new year, it's crucial for all members to be aware of upcoming changes to the Residential Measurement Standard (RMS) that will be effective from Jan. 1, 2024.
