New requirements relating to the assignment of real estate contracts are now in effect in BC. On May 16, 2016, new provincial regulations were introduced to help real estate consumers make informed decisions about contract assignments before accepting an offer on their property.
The Real Estate Council of BC has posted a new 30-minute webinar to help licensees understand the new requirements. In the presentation, the Council’s Professional Standards Advisor, Maureen Coleman, guides you through the new assignment rules, explaining the requirements for licensees, frequently asked questions, and other resources available to licensees and consumers looking for more information about contract assignments.