Information for registrar
 35. (1) A brokerage shall provide the following to the registrar as soon as possible after becoming aware that it will cease to be registered: 1.  A letter setting out the exact date that the brokerage will cease to be registered. 2.  A copy of a letter that has been sent to all clients of the brokerage, advising them that the brokerage will cease to be registered and will be prohibited from trading in real estate as a brokerage. O. Reg. 567/05, s. 35 (1); O. Reg. 357/22, s. 22 (1, 2). (2) A brokerage shall provide the following to the registrar as soon as possible after it ceases to be registered: 1.  A letter setting out the exact date the brokerage ceased to be registered, if a letter setting out that date was not provided under paragraph 1 of subsection (1). 2.  A copy of a letter that has been sent to all clients of the brokerage, advising them that the brokerage has ceased to be registered and is prohibited from trading in real estate as a brokerage, if a copy of a letter was not provided under paragraph 2 of subsection (1). 3.  For each trust account maintained under section 27 of the Act, a statement from the financial institution in which the account is maintained that indicates the balance in the account on the date the brokerage ceased to be registered, together with a trust account reconciliation statement prepared by the brokerage that identifies the following as of the date the brokerage ceased to be registered: i.  The differences, if any, between the brokerage’s records and the records of the financial institution. ii.  The balances in the trust account. iii.  The real estate, if any, to which each balance relates. iv.  The persons, if known, who are entitled to each balance. v.  Each balance for which it is not known what persons are entitled to it. 4.  If the brokerage holds property other than money in trust for another person in connection with the brokerage’s business, a statement prepared by the brokerage that, for each of the properties held in trust, describes the property and identifies the following as of the date the brokerage ceased to be registered: i.  The place where the property is kept. ii.  The real estate, if any, to which the property relates. iii.  The person who is entitled to the property, if the person is known, or an indication that the person who is entitled to the property is not known, if the person is not known. 5.  A statement prepared by the brokerage that identifies any changes that occur after the date the brokerage ceases to be registered to the information that is set out in a statement under paragraph 3 or 4 or this paragraph. 6.  A list of all trades in real estate that were pending on the date the brokerage ceased to be registered and that relate to the balance in a trust account maintained under section 27 of the Act or to other property held in trust by the brokerage. 7.  The names, addresses, telephone numbers and other contact information that is on file with the brokerage for all clients of the brokerage who were involved in business that was outstanding on the date the brokerage ceased to be registered. 8.  A financial statement that sets out the assets and liabilities of the brokerage as of the date the brokerage ceased to be registered and a list of the brokerage’s creditors and the amounts that are owed to them as of that date. 9.  A letter setting out the location where the brokerage’s business records relating to trading in real estate will be kept.  O. Reg. 567/05, s. 35 (2); O. Reg. 357/22, s. 22 (1, 3). Exemptions