Under TRESA, when must an Ontario salesperson provide the RECO Information Guide to a prospective buyer client?
Correct Answer
B) Before providing any services or assistance to the buyer
O. Reg. 567/05 s. 13(3) requires the guide (or a link to it) to be provided before providing services or assistance in relation to trading in real estate, and s. 13(4) requires the salesperson to explain it before providing that service. The guide is therefore delivered and explained before the salesperson begins working for the buyer.
Why This Is the Correct Answer
Section 13(3) ties the obligation to the start of services or assistance: before providing either, the registrant must give the person the guide or a link to it. Section 13(4) requires the broker or salesperson to explain it at the same stage. That puts delivery ahead of any representation agreement.
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