Hard deadline for licence renewal
Published: January 23, 2024

The Board is reminding dealers and salesmen, who practice after the March 31 expiration of their current licence, that they are in fact practicing in contravention of the law. Some […]

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Strata Appeals Tribunal
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The Strata Appeals Tribunal was established in 2010 to hear appeals from any person aggrieved by a decision of either:  The Tribunal was also created to adjudicate matters affecting the […]

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History of the Real Estate Board
Published: January 17, 2024

The Real Estate (Dealers & Developers) Act and the establishment of the Real Estate Board was ultimately the response to an untenable situation which was particularly prevalent in the sixties […]

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Applying for a Status Certificate
Published: January 11, 2024

The Commission ensures that relevant data on strata corporations is available to prospective purchasers to support them in making informed purchasing decisions. If a prospective purchaser is comfortable with the […]

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Submitting Annual Returns
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Section 4 (7) of The Registration (Strata Titles) (Amendment) Act, details what is called Annual Returns and requires strata corporations to file same, within one hundred and twenty (120) days […]

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How to Calculate Unit of Entitlement
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Unit entitlement is the measure of each proprietor’s undivided share in the common property (real estate or equipment) owned by the strata corporation. In a strata corporation (apartment/office/shop) each proprietor […]

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Dealer obligations to Salesmen
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The Real Estate (Dealers and Developers) Act outlines the responsibilities of the Dealers to operate within their areas of practice to which they are the holder of a valid licence.  

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A Dealers Obligation to REB
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If it is the intention of a registered real estate dealer to engage in the practice of real estate business, he or she should ensure that the Authority is notified […]

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Code of Ethics and Best Practice
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Real estate professionals are expected to abide by a code of ethics which demand integrity and honestly in their conduct.  They should also desist from any conduct which can bring […]

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Understanding Penalties and How they are applied
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Understanding Penalty for Registering a Real Estate Developer Where a developer commences a development scheme without paying the total fees to register that development scheme the Real Estate Developer will […]

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All CPD Courses Now Self-Paced
Published: January 5, 2024

All CPD courses offered by the Real Estate Training Institute are now fully on-line and self-paced. CPD courses, usually a few hours in length, are courses professionals are required to […]

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Real Estate Board Policy Changes Now Effective
Published: January 4, 2024

The Real Estate Board, the Government regulator of the private real estate sector, has enacted a number of  policy changes intended to better serve the interest of the public and […]

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