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Patience Please - Under Construction.
Data and information may be incorrect or out of date
Copies of actual forms with plain english explanations.
Signing The Realtors Contract
This must be signed first before any type of agency relationship is created
"Working With A Realtor"
The “Working with a Realtor” brochure is one of the most misunderstood documents.Some people think that by signing this document they are committing to work FOREVER with the Realtor who got them to sign it. THIS IS NOT THE CASE!
The “Working with a Realtor” brochure is simply a signed confirmation the Realtor has explained the different types of Agency Relationship to the client.
By signing this brochure, the client is NOT BOUND TO THE REALTOR. It is simply a signed disclosure that the client has had their rights in the Agency Relationship explained as well as the Realtors obligations and responsibilities to the client in each type of agency relationship. Nothing more and it is signed as proof that they have read and understood it.
"Buyers Representation Agreement"
If the buyer has read and understood the agency relationship as explained in the Working With a Realtor Brochure and wishes to work or create an agency relationship exclusively with the Realtor or brokerage in specified geographical area, for a specified time period, they would sign a Buyer Agency Agreement. The buyer becomes a client of the brokerage and the parties have created an agreement similar to the listing agreement a seller would sign.
"Buyer Customer Agreement"
If the buyer has read and understood the agency relationship as explained in the Working With a Realtor Brochure and the buyer does not want to commit to the Realtor or brokerage for a defined period and would like to create a more basic Agency relationship and receive customer status, they would sign this form.
FINTRAC Form
This form became mandatory in June 2008 under a federal Act created to counter terrorism and money laundering. The form records the names and photo identification provided by the buyers, sellers and people who provide money (cheque), that are involved in the purchase or sale of real estate within Canada. *Note: A transaction cannot proceed without the completion of this form.
"FINTRAC Brochure"
If your realtor is asking some personal financial questions. It may be because it's the Law.
Here's a copy of the FINTRAC brochure to Realtors Clients.