Tag: transparency in real estate
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Former BC real estate agent fined $66,500 for failing to disclose archaeological significance
Background A former Vancouver Island real estate agent has been fined by British Columbia’s financial services regulator after failing to disclose that a property she sold carried archaeologically significant status. The agent, Judy Bood, who has since retired, was issued the penalty in a decision related to professional conduct and disclosure obligations in real estate…
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The Real Estate Tricks Used to Duck Price Rules: What Buyers Should Know
Understanding the Landscape: Price Rules in Real Estate Real estate markets are governed by price rules and disclosure standards designed to protect buyers and ensure fair competition. Yet, like any regulated industry, there are tactics some agents may use to navigate around these rules. Understanding these practices helps buyers approach transactions with eyes wide open…