Holiday Closure

The OREA office will be closed for the holiday on Monday, February 18th. Normal business hours will resume on Tuesday.

Deadline for Admissions

  • Admissions documents for The Salesperson Registration Education Program must be received by the OREA Real Estate College no later than April 30, 2019
  • The Admissions Test (if applicable) must be successfully completed on or before April 30, 2019
  • Admissions to The Broker Registration Education Program will not be accepted after April 30, 2019
  • No exceptions or extensions will be permitted

Log in as a…


Login

NEW!

We’ve partnered with CREA to help improve your member experience and give your information the best security possible.

You will be returned to OREA once you have successfully logged in.

Login as a Member

We can help

articleimage

June 29, 2015

Ontario allows real estate documents to be signed electronically

The Government of Ontario announced today that real estate consumers will be permitted to use electronic signatures on real estate agreements of purchase and sale (APS) as of July 1st, 2015. 

“The agreement of purchase and sale is one of the most important documents in a real estate transaction,” said Patricia Verge, Ottawa-area REALTOR® and president of the Ontario Real Estate Association (OREA). “The ability to sign it electronically will make the process of buying or selling more efficient. This is great news for REALTORS® as well as consumers across the province.”

Electronic signatures on agreements of purchase and sale will significantly reduce the time required to process a deal. At present, agreements of purchase and sale are often faxed, scanned and emailed numerous times over the course of a transaction.

“This process can be cumbersome and by the time the final version is signed, the agreement can be difficult to read,” said Verge. “The technology allows agreements to be filled out on a computer or tablet, changes can be tracked and documents can be transmitted with ease.”

The government’s decision comes in the form of proclamation of a 2013 amendment to the Electronic Commerce Act, 2000 (ECA), which extended the legal protections of the Act to include electronic real estate agreements of purchase and sale. The Ministry of the Attorney General is responsible for the ECA. The Ministry led the consultations and approved the final proclamation of the amendment. 

“Buying or selling a home is one of the most complex, time-consuming transactions that most people make – it’s also one of the most important,” said Attorney General, Madeleine Meilleur. “I hope that this change will open the door to new and innovative processes that will ultimately make the experience easier and less stressful for families.” 

“The government has taken the time to get this issue right,” said Verge. “Extensive consultations were hosted to ensure that both the industry as well as the public were well served by the move to electronic signatures. Thank you to Attorney General Madeleine Meilleur for her leadership on this important issue.” 


About the Ontario Real Estate Association
The Ontario Real Estate Association represents over 60,000 brokers and salespeople who are members of the province’s 40 real estate boards. OREA serves its members through a wide variety of publications, education programs and special services. The association provides all real estate licensing courses in Ontario. 


For more information contact:

Katarina Markovinovic-Praljak

Head of Communications & Media Relations

katarinam@orea.com


More News & Press Releases

articleimage

OREA CEO Tim Hudak Statement on the Province’s Consultations to Modernize Real Estate Act

Ontario REALTORS have brought forward bold ideas to bring the real estate rules into the 21st century to benefit the consumer, raise the bar on education, strengthen professional standards and hold those who break the rules to the highest level of discipline.

Read More
articleimage

Statement from OREA President, David Reid, on Proposed Amendment to the Growth Plan for the Greater Golden Horseshoe, 2017

Thousands of families across Ontario are struggling to afford the Canadian Dream of home ownership. REALTORS® believe that Ontario’s housing affordability crisis calls for bold action.

Read More
articleimage

Statement from Tim Hudak on the Government's Proposed Planning Act Changes to Reduce Red Tape

Today, Ontario Realtors are pleased to see the Doug Ford government taking an important first step to improve and streamline our province’s land use planning approvals process, a move that will bring homes to market faster.

Read More
Back to News & Press Releases
To MP Survey
OREA Contract