Ontario compliance, grounded in TRESA and RECO
RuleCheck covers Ontario's full regulatory framework — the Trust in Real Estate Services Act, RECO's Code of Ethics, buyer representation agreements, disclosure obligations, and multiple representation rules.
Regulatory framework
What governs real estate in Ontario
Ontario real estate is governed by TRESA 2002 and administered by RECO. The Code of Ethics sets out professional obligations, and FINTRAC requirements apply to all registrants.
Trust in Real Estate Services Act (TRESA)
Ontario's primary real estate statute, governing registration, conduct, and consumer protection for real estate professionals.
RECO Code of Ethics
The professional conduct rules that apply to all registered salespeople and brokers in Ontario.
FINTRAC Requirements
Federal anti-money laundering and terrorist financing obligations that apply to all Ontario real estate registrants.
RECO Regulations
Supporting regulations under TRESA covering registration, education, and professional standards.
Key compliance areas
What RuleCheck covers for Ontario
Buyer representation
Ontario's rules on buyer representation agreements, the obligation to use a written BRA, and what must be disclosed before a buyer is shown a property.
- Written buyer representation agreements
- Disclosure before showing
- Competing buyer obligations
- Termination of representation
Disclosure obligations
What must be disclosed under TRESA and the Code of Ethics — including material facts, conflicts of interest, and remuneration.
- Material fact disclosure
- Conflict of interest disclosure
- Remuneration disclosure
- Referral fee disclosure
FINTRAC compliance
Client identification, receipt-of-funds, third-party determination, and risk assessment obligations for Ontario registrants.
- Client identification records
- Receipt-of-funds forms
- Third-party determination
- PEP and HIO checks
- Risk assessment records
Multiple representation
Ontario's rules on multiple representation — when it is permitted, what must be disclosed, and the written consent requirements.
- When multiple representation applies
- Written consent requirements
- Disclosure obligations
- Designated representation option
Advertising rules
RECO's advertising requirements — including brokerage name display, team advertising, and social media compliance.
- Brokerage name requirements
- Team advertising rules
- Social media compliance
- Designation and credential use
Trust accounting
Rules governing the handling of deposits, trust funds, and brokerage trust account obligations under TRESA.
- Deposit handling rules
- Trust account requirements
- Brokerage obligations
- Unclaimed trust funds
Other provinces
From the Blog
Ontario Compliance Guides
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