Real Estate Developer and Director Ordered to Pay Nearly $100K for Failing to File Disclosure Statement and Hold Funds in Trust
Halcyon Point Development ULC and its director Dale Tortorelli failed to provide purchasers with...
News Posts
Former Real Estate Licensee Found to Have Committed Misconduct in Commission Deals Scheme
Following a hearing under the Real Estate Services Act, BCFSA found that from 2016 to 2017, this...
Licensing and Enforcement Statistics 2023
BCFSA oversees nearly 30,000 real estate professionals across the province. As a regulator, they...
Anatomy of a Complaint: What to Do Before You File a Complaint
The real estate industry relies heavily on your cooperation with other members to provide...
Know the risks before using artificial intelligence (AI) tools in real estate
Many of us have heard of the “wonders” of ChatGPT and other artificial intelligence (AI) tools...
Negligence Tops Costly Claims
Negligence leads the list of causes for the top five most expensive claims of 2023.
- A buyer’s...
Demonstrating Compliance
Category:
Real Estate
There was a simpler time in real estate. In the good old days, managing a transaction involved...
Rule Changes Relating to Data Collection, Written Disclosures and Record Retention
Effective February 1, 2024, BCFSA is bringing into force amendments to the Rules affecting data...
Whose Auditing Your Compliance Officer?
Category:
Real Estate
In the dynamic landscape of financial regulations and oversight from bodies like BCFSA and...
Battling funds and title transfer scams
Category:
Real Estate
Reliance on technology is at an all-time high, with many aspects of our lives shifting online...
