Serious estate council lays 35 costs in opposition to previous brokerage and broker of file

 

The Authentic Estate Council of Ontario (RECO) has laid 35 rates towards previous actual estate brokerage RE/MAX North Region Realty INC. and its broker of file, Ray Jarvis.

The costs ended up laid less than the Authentic Estate and Business Broker Act, (REEBA) 2002. According to RECO’s web-site Jarvis was billed with 20 charges, though the small business was charged with 15.

The matter is nonetheless ahead of the courts.

Final December RECO issued an get to instantly suspend the registration of the Re/Max North Country Realty Ltd. brokerage, with its head workplace in Huntsville.

“RECO uncovered a shortfall in RE/MAX North Nation Realty Inc.’s statutory real estate believe in account, the place customer deposits are to be held. Extra motion may well be taken and facts will be built obtainable by RECO’s web-site,” stated an advisory issued by RECO at the time, on December 31, 2019.

The brokerage also experienced workplaces in Bala, Bracebridge, Burk’s Falls, Gravenhurst, Haliburton, Kilworthy, Minden, Port Loring and Wilberfoce which have been also impacted by the suspension.

 

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