November 2020 Disciplinary Newsletter

The Commission has released the November 2020 Disciplinary Newsletter. The newsletter serves as an educational tool for licensees in accordance with Commission by-law 839.

Mandatory CPE Course for 2020-2021: All About Offers: Relationships, Contracts, Communication & Disclosure

The Commission's Education Committee made recommendations on the 2020-2021 Continuing Professional Education course, which was subsequently approved by the Board of Directors. This year's CPE course is All About Offers: Relationships, Contracts, Communication & Disclosure.

Updated Back-up Offer Clause

The back-up offer clause in the NSREC clause book has been updated. The purpose of the clause book is to assist licensees in determining the appropriate language for conditions that are needed in an agreement.

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.

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: