News Bulletin - November 6, 2025
Commission Office Closure November 11 - 21 and Remembrance Day Reminder
Update to the Commission By-law
Exam Update: November and December 2025 Writings for Old SLC Students and Brokers
Audit Update
Commission Office Closure November 11 - 21 and Remembrance Day Reminder
The Commission office will be closed from Tuesday, November 11 to Friday, November 21.
- November 11: Remembrance Day
- November 13: Exams will be hosted in the office
- November 12 and 14-21: Office maintenance
Staff will be working remotely and can be reached via voicemail or email. To view the staff directory, click HERE. Staff will return to the office on Monday, November 24.
If you need to submit a document to the compliance department or a licence application/termination during the closure, please submit them via email to the appropriate staff person as faxes will not be monitored.
Remembrance Day Reminder
A reminder to all licensees the Nova Scotia Remembrance Day Act prohibits trading in real estate on Remembrance Day, Tuesday, November 11.
To view the Remembrance Day Act in its entirety, click HERE.
Update to the Commission By-law
The Board of Directors has approved revisions to by-laws 726 and 605.
By-law 726 - General Disclosure Requirements
A new subsection (b) has been added to by-law 726 to ensure transactions that are not conducted on NSREC mandatory forms (commercial, builders) comply with the licensee’s requirement to disclose the capacity in which they are acting to all parties to a transaction.
Licensees that use the mandatory forms achieve this disclosure by using the Commission’s Agreement of Purchase and Sale.
By-law 605 - Handling of Trust Funds
Real estate deposits are to be held in trust by the brokerage specified in the Agreement of Purchase and Sale (APS). Compliance has identified instances where deposits, typically cash, have been deposited in to a licensee’s personal bank account and then e-transferred to the brokerage. This is not an acceptable practice. By-law 605 subsection (d), has been added to make it clear that licensees cannot use their own personal bank account to relay deposits to the brokerage.
To view the updated By-law, click HERE.
Exam Update: November and December 2025 Writings for Old SLC Students and Brokers
The location for in-person exam writings is changing for November and December 2025 and will be held at the Commission office in Bedford.
This location change only impacts students who took the old Salesperson Licensing Course (students who enrolled prior to August 1, 2024) and students who took the Broker Licensing Course.
Students enrolled in the new SLC are not impacted by this change because those students write their exams online.
The remaining 2025 schedule, taking place at the Commission office, is as follows:
- Thursday, November 13: 9am - 12pm
- Thursday, November 13: 1pm - 4pm
- Thursday, December 4: 9am - 12pm
- Thursday, December 4: 1pm - 4pm
For more information about exams, including the application to write in November or December, click HERE.
Audit Update
When the Commission introduced the new Audit Policy and Brokerage Transaction and Trust Account Policy in January 2025, it partnered with Baker Tilly to assist with trust audits. Due to necessary staffing challenges at their firm, the Commission has resumed conducting all trust audits in-house.
