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

Deadline to complete Programs

  • All course requirements for The Salesperson Registration Education Program and The Broker Registration Education Program must be completed on or before November 28, 2020. This includes examinations and examination rewrites (if applicable)
  • No exceptions or extensions will be permitted
  • NOTE: RECO will accept the articling course completed before or after registration as a salesperson

The OREA Real Estate College will cease to operate on December 31, 2020

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Legal Beat: Court dispute over unregistered trading

February 2017

Legal Beat: Court dispute over unregistered trading

January 25, 2017

by Merv Burgard

Legal beatIn this case, a company, Windrock Associates Ltd., engaged in advisory services for clients with respect to mergers and acquisitions, corporate finance, restructuring and public listings. Ludovico Minicucci was a partner in a company. The partners’ disagreement led to a decision to sell the partnership, which owned real estate, or one would buy out the other.

Minicucci retained Windrock to render “advisory services” in connection with the sale of or purchase, and/or financing, of the shares or assets of a Toronto multi-residential apartment building and/or the land, and all related assets located at that location. Apart from an initial deposit, Minicucci was to pay a “success fee” based on a certain percentage of the gross value of the sum of all transactions.


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Windrock did extensive work in attempting to deal with the situation, a partnership dispute, including a sale agreement between the partners. After a sale was concluded, the company sent an invoice for $95,000 plus HST for its advisory services. The court heard extensive details of the dealings and negotiations.

However, section 9 of REBBA provides that no commission is payable for a trade in real estate to an unregistered person. The judge relied on several precedents, including Market Leadership v. Loretta Foods, a case that dealt with the difference between a share transaction and a sale of real estate. Windrock lost the case.

Windrock Associates Ltd. v Minicucci 2016 ONSC 4504 (CanLII).

MERV’S COMMENTS

Mervin Burgard Q.C.If you have my earlier Memos, see the Loretta Foods decisions for the possible difference between negotiating a share transaction that does not involve real estate and a real estate one.

Similarly, an unregistered spouse of a RECO registrant in driving her and clients and explaining and interpreting and negotiating for her clients were both found guilty of a breach of REBBA.

Real Estate Council of Ontario v Virk, 2016 ONCJ 451 (CanLII).

You may consider yourself an interpreter, an advisor or a consultant, but if you walk like a duck and talk like a duck -- you are a duck. Isn’t it easier and cheaper to take the OREA College courses and get a RECO registration?

Merv Burgard, Q.C.

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