Under TRESA's general regulation, what must a written buyer representation agreement show about when it ends?
Correct Answer
B) One expiry date, shown prominently on page one and initialled by the buyer
O. Reg. 567/05 s. 13.4 requires the agreement to set out clearly the date it takes effect and the date it expires, to display the expiry date prominently on the first page, and to have the buyer initial next to it; s. 13.4(2) allows only one expiry date. The regulation sets no maximum term such as six months.
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