jswizzle3737/ontario_laws_and_regs huggingface dataset:
Application
1. (1) An application for registration as a broker or a renewal of the registration shall be accompanied by the applicable fee set out in section 11 and shall be in a form provided by the Real Estate Council of Ontario. O. Reg. 323/00, s. 1. (2) An application for registration as a salesperson or a broker who is employed by another broker or a renewal of the registration shall be accompanied by the applicable fee set out in section 11 and shall be in a form provided by the Real Estate Council of Ontario. O. Reg. 323/00, s. 1. (3) A notice by a broker under clause 21 (a), (b) or (c) of the Act shall be in a form provided by the Real Estate Council of Ontario. R.R.O. 1990, Reg. 986, s. 1 (3); O. Reg. 161/97, s. 1 (3). (4) A notice by a salesperson or a broker who is employed by another broker under subsection 21 (2) of the Act shall be in a form provided by the Real Estate Council of Ontario. R.R.O. 1990, Reg. 986, s. 1 (4); O. Reg. 161/97, s. 1 (4). (5) A request for voluntary cancellation of registration under subsection 9 (7) of the Act shall be in a form provided by the Real Estate Council of Ontario. R.R.O. 1990, Reg. 986, s. 1 (5); O. Reg. 161/97, s. 1 (5).
Application
2. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, subsections 2 (2) to (5), as they read immediately before September 1, 2000, continue to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
2.1. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 2.1, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
3. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 3, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
4. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 4, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
5. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 5, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
6. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 6, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
7. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 7, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
8. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 8, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
9. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 9, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2).
Application
10. Revoked: O. Reg. 323/00, s. 2 (1). Note: Despite its revocation by subsection 2 (1) of Ontario Regulation 323/00, section 10, as it read immediately before September 1, 2000, continues to apply to bonds that have not been cancelled by that date. See: O. Reg. 323/00, s. 2 (2). Fees
Fees
11. Fees payable to the Registrar are as follows:  1.

Upon application for registration as a broker or renewal of the registration:

 


 

i. beginning on the 1st day of January, 1992 to and including the 31st day of December, 1992

$225


 

ii. beginning on the 1st day of January, 1993 to and including the 31st day of December, 1993

250


 

iii. beginning on the 1st day of January, 1994

275


2.

For each branch office of a broker:

 


 

i. beginning on the 1st day of January, 1992 to and including the 31st day of December, 1992

225


 

ii. beginning on the 1st day of January, 1993 to and including the 31st day of December, 1993

250


 

iii. beginning on the 1st day of January, 1994

275


3.

Upon application for registration as a salesperson or renewal of the registration:

 


 

i. beginning on the 1st day of January, 1992 to and including the 31st day of December, 1992

125


 

ii. beginning on the 1st day of January, 1993 to and including the 31st day of December, 1993

150


 

iii. beginning on the 1st day of January, 1994

175 R.R.O. 1990, Reg. 986, s. 11; O. Reg. 19/91, s. 1; O. Reg. 694/91, s. 1; O. Reg. 161/97, s. 9.
Fees
12. No person shall be registered as a salesperson or broker unless the person is, (a) eighteen years of age or over; (b) a resident of Canada for one year immediately prior to the date of application with the intention of making the person’s permanent home in Canada unless at the time of the application the person is registered either as a broker or salesperson under the laws relating to real estate and business brokers of the jurisdiction in which the person last resided and has been so registered for a period of not less than one year immediately preceding the date of such application and is otherwise suitable for registration; and (c) declared eligible for membership in the Real Estate Council of Ontario by the Council. R.R.O. 1990, Reg. 986, s. 12; O. Reg. 83/99, s. 1. Terms and Conditions of Registration
Terms and Conditions of Registration
14. (1) A person who completes the course or courses of study approved by the Registrar, passes the written examination or examinations approved by the Registrar and applies for registration as a broker or salesperson within twelve months of the date of the last examination shall, where otherwise entitled to be registered under the Act and the regulations, be registered as a broker or salesperson, as the case may be. R.R.O. 1990, Reg. 986, s. 14 (1). (2) Where a person who applies for registration has not been previously registered as a broker or salesperson and more than twelve months but fewer than eighteen months have elapsed since the date of the last examination, the person shall not be registered before again passing the written examination or examinations approved by the Registrar, and where the person fails to obtain a passing mark, he or she shall, prior to making further application for registration, again complete the course or courses of study approved by the Registrar and pass such examination or examinations as are approved by the Registrar. R.R.O. 1990, Reg. 986, s. 14 (2). (3) Where a person who applies for registration has not been previously registered as a broker or salesperson and eighteen months or more have passed since the date of the last examination, the person shall not be registered before retaking the required course or courses of study approved by the Registrar and passing the written examination or examinations approved by the Registrar. R.R.O. 1990, Reg. 986, s. 14 (3). (4) Where a person who applies for registration has previously been registered and has surrendered his or her registration or has had it terminated, if more than two years have elapsed since such surrender or termination, the person shall not be registered before completing the course or courses of study approved by the Registrar and passing the written examination or examinations approved by the Registrar. R.R.O. 1990, Reg. 986, s. 14 (4). (5) Every salesperson shall within two years after being registered successfully complete and pass courses that are approved by the Registrar in real estate or that relate to real estate. R.R.O. 1990, Reg. 986, s. 14 (5).
Terms and Conditions of Registration
15. A broker may only employ a salesperson to manage a branch office who has completed the course of study and passed the written examinations approved by the Registrar and who has been registered and actively employed as a registered salesperson for a period of two years during the three years immediately preceding the date of employment as a manager of a branch office or has related experience that, in the opinion of the Registrar, is equivalent thereto. R.R.O. 1990, Reg. 986, s. 15.
Terms and Conditions of Registration
16. For the purposes of sections 14 and 15, (a) examination papers shall be marked by the Registrar or his or her nominee; (b) not less than 75 per cent shall be considered a pass mark for an examination; (c) the Registrar or his or her nominee, where so requested in writing by an examinee who fails to obtain the pass mark prescribed in clause (b), shall review the examination paper and make such changes in the mark obtained as the Registrar or nominee considers proper; (d) where a review under clause (c) is conducted by a nominee of the Registrar, and the examinee is not satisfied with the results of such review, the examinee may apply to the Registrar, who may review the examination paper and make such changes in the mark obtained as he or she considers proper; (e) an examinee who fails to obtain the pass mark prescribed in clause (b) in an examination may write a supplementary examination but where the examinee fails the supplementary examination the examinee may not write another examination unless the examinee first repeats the required course in its entirety. R.R.O. 1990, Reg. 986, s. 16.
Terms and Conditions of Registration
17. Despite section 14, where an applicant is registered as a broker under the laws relating to real estate and business brokers in a jurisdiction outside of Ontario in which the applicant was resident and has been so registered for a period of not less than one year immediately preceding the date of the application, and in the opinion of the Registrar is otherwise suitable for registration, the Registrar shall review the application and shall determine which examinations the applicant shall write. R.R.O. 1990, Reg. 986, s. 17.
Terms and Conditions of Registration
17.1 (1) A person registered as a broker or salesperson shall become a member of the Real Estate Council of Ontario immediately after being registered if the person is not a member of the Council. O. Reg. 83/99, s. 2. (2) The registration of a registered broker or salesperson described in subsection (1) expires if the person ceases to be a member of the Real Estate Council of Ontario. O. Reg. 83/99, s. 2. Temporary Registration of Estates
Temporary Registration of Estates
18. (1) Where a registered real estate broker dies and no other member or officer in the partnership or corporation of which he or she was a member or officer is registered as a real estate broker, or where a registered real estate broker who carries on business as an individual broker dies, the Registrar may, (a) grant to the executor or administrator of the broker temporary registration as a broker for a period of not more than six months in respect of the business of the deceased broker; and (b) exempt any executor or administrator referred to in clause (a) from passing a written examination. R.R.O. 1990, Reg. 986, s. 18 (1). (2) Every salesperson registered as a salesperson of the deceased broker or with the partnership or corporation of which the licensed broker was a member or officer at the time of his or her death shall be considered to be registered as a salesperson of the executor or administrator of the deceased broker. R.R.O. 1990, Reg. 986, s. 18 (2). Exemptions
Exemptions
19. The Public Trustee or his or her nominee is exempted from registration in respect of any trades in real estate. R.R.O. 1990, Reg. 986, s. 19.
Exemptions
20. A company registered under the Loan and Trust Corporations Act, its brokers and salespersons are exempt from filing a bond when making application for registration. R.R.O. 1990, Reg. 986, s. 20.
Exemptions
21. A company registered under the Loan and Trust Corporations Act may change its officers without the consent required by subsection 3 (3) of the Act. R.R.O. 1990, Reg. 986, s. 21.
Exemptions
22. Revoked: O. Reg. 161/97, s. 11. Trust Funds
Trust Funds
23. (1) For the purpose of section 20 of the Act, no broker shall maintain more than one account designated as a trust account unless the broker has notified the Registrar and has the Registrar’s consent in writing. R.R.O. 1990, Reg. 986, s. 23 (1). (2) The trust account shall be designated as the “Real Estate Trust Account”. R.R.O. 1990, Reg. 986, s. 23 (2). (3) Every deposit received by the broker whether by cash, cheque or otherwise shall be deposited in the broker’s trust account within two banking days of its receipt. R.R.O. 1990, Reg. 986, s. 23 (3).
Trust Funds
24. An entry in a trade record sheet or a trust account, as the case may be, required to be kept under section 19 of the Act shall be retained for a period of six years from the date of the entry. R.R.O. 1990, Reg. 986, s. 24. Additional Forms
Additional Forms
25. The trade record sheet under subsection 19 (1) of the Act shall be in Form 4. R.R.O. 1990, Reg. 986, s. 25.