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(1) [Where a real estate agent's licence or real estate salesman's licence] is suspended or revoked, the superintendent shall notify the person whose licence is suspended or revoked and the Minister of Consumer and Corporate Affairs of the action taken.
(a) an intentional misrepresentation, by word or conduct, or in any other manner, of a material fact in relation to real estate services, or in relation to a trade in real estate to which the real estate services relate, or an intentional omission to disclose such a material fact;
Section(s)Affected Act138139140141Finance and Corporate Relations Statutes ...- In this Act, the following words and phrases have the meanings assigned to them in the Land Title Act
- In a contract for the sale of land and in an action on it, unless otherwise agreed, the rights and obligations of the vendor and purchaser are regulated by the following rules
- (1) A vendor or purchaser of an interest in land may apply in a summary way to the Supreme Court about a requisition, an objection, a claim for compensation or any other question, relating to the contract, except a question affecting its existence or validity.
- A person making an agreement, or assignment of an agreement, for sale of land, if the purchase price is payable by instalments or at a future time, must deliver to the person buying the land an instrument in a form, executed by the parties, that allows the title of the purchaser under the instrument to be registrable under the Land Title Act.
Apr 3, 2020 · A real estate transaction may also collapse because of either a misrepresentation (usually by the seller or their Realtor) or because of mistake. There are three different types of misrepresentation: innocent, fraudulent and negligent.
(a) trading services in relation to the rental of the real estate; (b) collecting rents or security deposits for the use of the real estate; (c) managing the real estate on behalf of the owner by (i) making payments to third parties, (ii) negotiating or entering into contracts, (iii) supervising employees or contractors hired or engaged by the ...
2. British Columbia Companies 115 . 3. Extraprovincial Companies in British Columbia 115 . 4. Canada Business Corporations Act 115 [§7.05] Corporate Procedures 115 [§7.06] Restrictions on Lenders 115 . 1. 80% Loan-to-Value Ratio 115 . 2. Loans to Prohibi ted Individuals 115 . 3. Effect of Non-Compliance on Security—Doctrine of Illegality 116
Learn about real estate in B.C.: buying and selling property, real estate consultations, and regulations for real estate services, real estate development marketing and pre-sale strata.
