Form 408: Buyer Waiver of Conditions
It has been reported by the legal community that licensees are using statements such as "intent not to terminate" to try and revive a deal that terminated due to a failure to meet the buyer's conditions deadline. Since a terminated deal cannot be revived, these clauses serve no purpose.
Important Deadline Reminders for CPE & Licence Renewals
If you have already completed the online course, Hot Market Topics, and renewed your licence(s), you can disregard the rest of this email.
June 1, 2023: Commission Office Closing Due to Air Quality
The Commission office will be closing at noon on Thursday, June 1, 2023 due to the wildfire smoke reducing local air quality. Staff will be working remotely and can be reached via voicemail or email. To view the staff directory, click HERE.
Amendments to the Non-resident Deed Transfer Tax Act
The Nova Scotia government recently announced amendments to the Non-resident Deed Transfer Tax Act.
Online Licensing Renewals Open May 10 (Deadline June 30)
You will receive an email notifying you to log in and renew your real estate licence on Wednesday, May 10. Reminder emails will be sent once a week until your renewal is complete. The deadline to renew your licence is 11:59 pm on June 30. At 12:00 am on July 1, any licence that is not renewed will be terminated. If you let your licence terminate, you must immediately cease all trading activities, including taking down signage, advertising, and social media. To have your licence reinstated after the deadline has passed, you must apply to have your licence reinstated, pay the renewal fee, and be issued a licence, at which point you may resume trading activity.