RECO is pleased to share a version of the RECO Information Guide that has been designed for those clients working with a real estate agent in a commercial transaction.
The RECO Information Guide (Commercial) was developed based on feedback from registrants who work predominantly with commercial clients to ensure that the guide meets their needs.
As of December 1, 2023, when Phase 2 of Trust in Real Estate Services Act, 2002 (TRESA) came into effect, the RECO Information Guide must be given to a self-represented party or prospective client before any services or assistance are provided. The original guide was prepared to support consumers in home purchases.
The RECO Information Guide (Commercial) meets all requirements set out in the legislation, while tailoring its content to commercial clients.
All versions of the RECO Information Guide are available on the RECO website.
RECO. "Re: Information Guide (Commercial) now available" 25 Jan. 2024.
Comments