December 5th - 2012

Updates to forms and clauses

Updated forms and clauses will soon be available on the Ontario Real Estate Association website.

Updated forms and clauses will soon be available on the Ontario Real Estate Association website. The OREA standard forms committee has recently approved a number of revisions to real estate forms and clauses for 2013. Two new forms have been created, including: Form 111, for the Agreement of Purchase and Sale – POTL (Parcel of Tied Land) – Common Elements Condominium; and Form 225, a new document to accompany Form 220, the Seller Property Information Statement. Revisions have also been made to a number of other forms and clauses. Details will be available in early December on the OREA website.

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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