In Ontario, which document must a registrant provide, or link to, before providing services or assistance to a person in a real estate trade?
Correct Answer
D) RECO Information Guide
O. Reg. 567/05 s. 13(3) requires a registrant, before providing services or assistance to a person in relation to trading in real estate, to provide a copy of the RECO Information Guide or a link to it on RECO's website, and s. 13(4) requires a broker or salesperson to explain its contents. The guide explains that a person may deal with a registrant as a client or as a self-represented party and summarizes the rights, duties and risks of each.
Why This Is the Correct Answer
This answer is correct because s. 13(3) of O. Reg. 567/05 names the registrar's information guide, the RECO Information Guide, as the document that must be provided or linked before any services or assistance, and s. 13(4) requires a broker or salesperson to explain it.
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