MPP Miller favours updating real estate rules
Photo Credit: Courtesy of MPP Norm Miller's Office
The provincial government is looking to modernize real estate law and rules.
Parry Sound Muskoka MPP Norm Miller is in support of the move, as rules governing real estate in Ontario have not been reviewed in nearly 20 years.
“It has been almost two decades since the last comprehensive review of the Real Estate and Business Brokers Act. The market has dramatically changed since then,” said Miller. “Our government is looking for input from the public, including homeowners, renters and real estate professionals about strengthening the legislation to better serve the people of Parry Sound-Muskoka and across Ontario.”
To that end, a survey has been created, seeking input from the public and real estate professionals alike. There is also a consultation paper posted on the Ontario Regulatory Registry that the government is seeking feedback on.
Minister of Government and Consumer Services, Bill Walker says the timing is right for such a review.
“We need to make sure the rules governing real estate professionals, and the brokerages that employ them, are efficient, fair and up-to-date with modern realities,” said Walker. “This review is part of our government’s plan to strengthen consumer protection, increase transparency and make life better for the people of Ontario.”
To participate in the Survey and review the consultation paper click here. Participation in the survey and consultation paper ends March 15th.