March 1st - 2011

Correction

The February issue of REALTOR® EDGE contained incorrect information in an article about power of sale.

The February issue of REALTOR® EDGE contained incorrect information in an article about power of sale. The article stated that “No conditions can be placed on an offer” in a power of sale situation. In fact, lenders/sellers may permit conditions in power of sale offers. When in doubt, check with the seller. Visit OREApedia on www.orea.com for more on Mortgage Remedies, in particular Power of Sale.

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For more information contact

Ontario Real Estate Association

Jean-Adrien Delicano

Manager, Media Relations

JeanAdrienD@orea.com

416-445-9910 ext. 246