What Documentation is Required for “No Representation"? (Ontario)

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Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)

What Documentation is Required for “No Representation”?

 

Question:

 

I have a property listed and I have been approached by a potential Buyer. I really don’t care to provide any real services, neither Agency nor Customer Services, is there a specific form for this?

 

Answer:

 

There is a “Commission Agreement For a Property Not Listed”. That works for a Seller who is on his own, the FSBO.

There is no similar document for a Buyer, but there is the CCR which has a check for “no services”. That means, of course, that you would have to draft something up to protect yourself otherwise the implication without any documentation will be “agency”.

You could follow the “Commission Agreement For a Property Not Listed” as an example.

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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Brian Madigan - thanks for sharing. Learned something new by this Q&A.

Nov 20, 2016 01:13 PM #1
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Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

There are always new questions

Nov 21, 2016 12:44 AM #2
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Brian Madigan

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