According to the Rules of Cooperation (Section 8 – Advertising, 8.01), “A sale price shall not be advertised prior to that information being publicly available through a government registry, unless prior approval is provided by both buyer and seller in writing.”
That means members cannot be sharing the sale price or other information which makes it possible to calculate the sale price of a property until a property transfer has been registered through Land Title.
This Practice Tip was provided by Dennis Wilson, Manager, Professional Standards, FVREB.