Form 408 & Buyer's Conditions Updates (Effective January 3, 2022)
Buyer's Conditions Updates - Effective January 3rd, 2022
August 27, 2021
Training and more information on the updates to satisfying buyer's conditions.
For Sale By Owner & Brokerage/Designated Agent Relationships
September 30, 2020
The Commission regularly deals with questions from licensees and consumers regarding different relationships a brokerage can offer when dealing with For Sale By Owner’s (FSBO) sellers. There are a range of services that a brokerage/designated agent can provide to a customer or to a client. Sometimes a consumer will seek customer services from one brokerage and agency representation from another.
Property Disclosure Statement – Clause 7
September 30, 2020
We have been notified by brokers that there is some confusion amongst licensees with how sellers are to complete clause 7 of the PDS, specifically clause 7.4 & 7.6 Sewage Disposal:
2019-2020 CPE Requirement—Radon Awareness for Real Estate
Out Clauses in the Agreement of Purchase and Sale
This page includes obsolete information on satisfying buyer’s conditions. The processes and clauses involved were changed on January 3rd, 2022. For information on the new process of satisfying buyer’s conditions, visit https://www.nsrec.ns.ca/news-practice-resources/commission-news/item/buyer-s-conditions-updates-effective-january-3rd-2022.
January 31, 2020
The Commission regularly deals with questions from licensees and consumers regarding the application of out clause(s). Please ensure you clearly understand the following concepts.
*The following may also apply to a lease agreement or an agreement of purchase and sale that is not written on a Commission-approved form.
