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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I get out of a buyer representation agreement in Ontario?

Buyer representation agreements can be cancelled if there is mutual consent with your agent and your BRA contains a clause that allows you to do so. BRAs only define your relationship with the agent or brokerage. You are not forced to purchase a home with them or during the length of the contract.

What is Form 300 Orea?

Buyer Representation Agreement - OREA Form 300 The Buyer Representation Agreement is between you (the home buyer) and your Realtor's Brokerage. It gives the Brokerage permission to act on your behalf in the purchase of a property and must be signed prior to a Realtor submitting an offer on your behalf.

Can anyone use OREA form?

These OREA Standard Forms and Clauses are for use by OREA members and certain licensees only. Any other use or reproduction is prohibited except with the prior written consent of OREA.

What is Form 801 Orea?

OREA's new form aims to meet the needs for the content required within a prescribed document. It is Form 801: OREA Offer Summary Document for Use with Agreement of Purchase and Sale. \u201cThis new form was created by OREA to satisfy the need for an \u201cequivalent prescribed document,\u201d she adds.

What is confirmation of cooperation and representation form?

Confirmation of Cooperation \u2013 OREA Form 320 The Confirmation of Cooperation details the type of relationship the Buyer and Seller have with their agent/brokerage (eg. Client or Customer) and the commission agreement between the Seller's brokerage and the Buyer's brokerage.

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