Approved Sales Corporation Licence
To obtain an Approved Sales Corporation licence, complete the following steps:
Step 1: Have your business name approved by the Commission
Step 2: Have your business name approved by the Nova Scotia Registry of Joint Stock Companies
Contact the Nova Scotia Registry of Joint Stock Companies to ensure your approved name is available. If your name is already taken, you may add an additional word or words to obtain the unique name, but you must obtain the Registrar's approval first.
Step 3: Register your business name with the Nova Scotia Registry of Joint Stock Companies
To register your approved sales corporation, you must file an application for incorporation with the Registry of Joint Stock Companies. Both the Registry of Joint Stock Companies and the Commission strongly advise you obtain legal counsel to assist you in preparing the application.
Step 4: Apply for an Approved Sales Corporation Licence
To apply for an approved sales corporation licence, you must complete an Approved Sales Corporation Licence application and accompany it with the following:
- A copy of the Memorandum of Association including any amendments
- A copy of the Certificate of Incorporation and Certificate of Registration
- The approved sales corporation licence fee
Important considerations regarding Approved Sales Corporations:
You are responsible for renewing your approved sales corporation with the Registry of Joint Stock Companies and the Commission every year. Approved sales corporation licences expire on June 30th of every year and are renewed on July 1st.
Your approved sales corporation licence is issued through your brokerage. Upon termination of your real estate licence, your approved sales corporation licence also terminates. If you terminate from one brokerage and reinstate with another brokerage you must also terminate and reinstate your approved sales corporation licence.
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