Real Estate Lawyers: OREA STANDARD FORMS AVAILABLE ON THE INTERNET

An agreement with the Ontario Real Estate Association (“OREA”) permits all lawyers access to OREA’s standard Purchase and Sale agreements in both English and French.  These forms are available online to all who subscribe with the added advantage of being able to complete them online and save your work in the process.  Working Group Practice Standards

Available are the:

• Agreement of Purchase and Sale for a Freehold or Condominium Residential Property and
• Agreement of Purchase and Sale and the Agreement to Lease for a Commercial Property

Please be advised that these OREA Standard Forms are available on the Working Group on Lawyers and Real Estate website http://lawyersworkinggroup.com/

Your Voice - OBA Member Input Needed on
Suggested Fee Schedule for Residential Real Estate Transactions

The joint OBA/CDLPA/ /ORELA Working Group on Lawyers and Real Estate has developed a proposed voluntary Suggested Fee Schedule for Residential Real Estate Transactions.

As a fundamental constituency within this practice area, we need input from OBA members in the real estate Bar regarding the Suggested Fee Schedule. The OBA will be convening meetings with members of the practicing Bar in various centers across the Province for the purpose of receiving and considering comments and suggestions. As a matter of convenience these meetings will be convened immediately after the meetings held by the Law Society to consult with the profession regarding proposed residential real estate transaction guidelines and amendments to the rules of professional conduct. This will however be a separate meeting.

This is an important initiative and the regional consultation meetings have been scheduled to obtain practitioner feedback on the proposed voluntary Suggested Fee Schedule. Your attendance and participation is strongly encouraged.

The proposed Suggested Fee Schedule and the Competition Bureau opinion, are available on the Joint Working Group website at http://www.lawyersworkinggroup.com/Fees.html  

For more information about the Working Group Consultation process, please contact OBA Real Property Section Executive Member and OBA/CDLPA/ /ORELA Working Group on Lawyers and Real Estate member, Raymond G. Leclair at Ray.Leclair@lawpro.ca.