renewing your brokerage · administration of the real estate act and in accordance with the...
TRANSCRIPT
Renewing your brokerage
During the renewal period
your Status light turns
yellow and the Start
Renewal button appears.
Every application has
detailed instructions. Read
them carefully.
Confirm your brokerage
information
Confirm your own
contact information
Brokerage Amendments –If you have an amendment to
report, you must do so through
the brokerage amendment
process before you can proceed
with renewal.
Confirm whether or not
you provide condominium
management services.
Declare your type of ownership. If you
own less than 100% of your brokerage,
you must also answer suitability
questions on behalf of your brokerage.
Answer the suitability
questions on your own
behalf.
If you own less than 100% of the
brokerage, you must also answer
suitability questions on behalf of
the other owner(s), shareholders,
officers and directors.
Give your
acknowledgements and
make your declaration.
Pay the renewal fees. If
you don’t have brokerage
credit on the system, you
can pay directly by credit
card.
Your brokerage is renewed
when your Status light
turns green.