Do Realtors have to disclose death in a house Alberta?
Do Realtors have to disclose death in a house Alberta?
Simply put, you are not required to disclose her death to potential buyers. Sellers are required to disclose certain defects to potential buyers, but a death occurring in a home is not a defect.
Are real estate agents in demand in Alberta?
For Real estate agents and salespersons, over the period 2019-2028, new job openings (arising from expansion demand and replacement demand) are expected to total 58,300 , while 58,900 new job seekers (arising from school leavers, immigration and mobility) are expected to be available to fill them.
Who can amend the real estate Act in Alberta?
The Real Estate Act Rules contain most of the requirements affecting licensee business activities. The Industry Councils can create and amend the Rules, but do so with due care through industry consultation and stakeholder discussion.
How much is a real estate lawyer in Alberta?
Based on the price lists of existing Alberta real estate law firms, the average one can expect to pay for real estate lawyer’s fees is between roughly $650 – $2000 CAD or more, depending on the value and complexity of the transaction.
Can a lawyer represent both parties in real estate in Alberta?
The Law Society of Alberta Code of Conduct actually allows for joint representation in a number of circumstances but the rules surrounding disclosure and the need to make sure all parties understand all aspects of what might happen make joint representation difficult to properly achieve.
How do I report a realtor in Alberta?
Contact the RAE Industry Standards & Practice Department at 780.451. 6666. They can help you determine the most appropriate action for your particular situation. Contact the Real Estate Council of Alberta, which regulates the real estate industry, if there is an alleged violation of the Real Estate Act.
Can a Realtor represent both buyer and seller in Alberta?
In Alberta, the relationship known as dual agency is defined in the province’s Real Estate Services Act as “designated agency.” The Act stipulates that agents from the same brokerage firm are allowed to represent both the buyer and seller, however, each party must work with their own agent — preferably one that doesn’t …