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BCREA was established on March 31, 1976, as the voice of the province's real estate boards after the dissolution of the Realtor Division of the Real Estate Institute of BC. The organization was responsible for the administration of post-licensing real estate education as well as a government liaison.
Most assessments are of the market value of the real property. In 2009 (for the 2010 roll), assessment appeals remained low, compared to many other property-taxing provinces and states. Some 98.5% of assessments were accepted without appeal. BC Assessment has approximately 650 full-time staff positions in 17 offices throughout the province.
The Canadian Real Estate Association (CREA; French: L'Association Canadienne de l'Immeuble, ACI) is a trade association that represents real estate brokers, agents, and salespeople in Canada. [ 2 ] CREA's membership includes over 130,000 individuals, working through 90 real estate boards and associations across Canada. [ 2 ]
The Nationwide Multi-State Licensing System and Registry (NMLS) (originally the Nationwide Mortgage Licensing System) is the system of record for non-depository, financial services licensing or registration in participating state agencies, including the District of Columbia and U.S. Territories of Puerto Rico, the U.S. Virgin Islands, and Guam.
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
When a good or service is not subject to PST, a specific exemption in the legislation is not needed. Similar to the old PST, the following are not taxable under the new PST: the sales of real property such as residential housing or commercial real estate; admissions, registrations, and memberships; professional services (other than legal services); and transportation fares (e.g. bus, train ...
BC Housing is currently under the Ministry of Attorney General and Minister responsible for Housing and located in Burnaby, British Columbia, Canada. They license residential builders, administer owner builder authorizations and carry out research and education that benefits the residential construction industry, consumers and the affordable ...
The Association of Real Estate License Law Officials (ARELLO), founded in 1930 in Canada, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions. Among its positions, the organization encourages licensure and education recognition between jurisdictions.