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This practice note reviews the various sections and provisions of the Ontario Real Estate Association ("OREA") Form 100 for residential property transactions to provide a description of the purpose of each section and the meaning of the terms. The practice note assumes that you are already working with, or have access to, the appropriate OREA ...
The Ontario Real Estate Association (“OREA”) owns certain standardized forms that are commonly used in Ontario real estate transactions (“OREA Standard Forms”), and a set of standard clauses (“Clauses”) for use with these forms.
A “real estate board” includes a real estate association. A purchase shall be deemed to include the entering into of any agreement to exchange, or the obtaining of an option to purchase which is subsequently exercised.
A new form is available to help you comply with legislation aimed at preventing phantom offers. The Ontario Real Estate Association has created Form 801, an offer summary document that satisfies the conditions of Bill 55, The Stronger Protection for Consumers Act.
Form 512 Revised 2018 Page 1 of 2 The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the quality of services they provide. Used under license.
The Ontario Real Estate Association (“OREA”) owns certain standardized forms that are commonly used in Ontario real estate transactions (“OREA Standard Forms”), and a set of standard clauses (“Clauses”) for use with these forms.
This practice note reviews the various sections and provisions of the Ontario Real Estate Association ("OREA") Form 100 for residential property transactions to provide a description of the purpose of each section and the meaning of the terms.
