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Residential TradingBuyer_representation_agreementsONMEDIUM

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.

Answer Options
A
At the earliest practicable opportunity in the relationship
B
Before providing any services or assistance to the buyer
C
Within 24 hours of the first contact with the buyer
D
Only after the buyer signs a buyer representation agreement

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Key Terms

RECO Information GuidetimingTRESAbuyer representation
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