C-73.2, r. 1 - Regulation respecting brokerage requirements, professional conduct of brokers and advertising

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43. When acting as an intermediary in connection with a brokerage transaction described in section 3.1 of the Real Estate Brokerage Act (chapter C-73.2), a licence holder must recommend a reasonable deposit be made.
A licence holder who receives such deposit may only place it in a licence holder’s trust account.
O.C. 299-2010, s. 43; O.C. 173-2023, s. 26.
43. When acting as an intermediary in connection with a brokerage transaction described in section 1 of the Real Estate Brokerage Act (chapter C-73.2), a licence holder must recommend a reasonable deposit be made.
The deposit may not be placed elsewhere than in the licence holder’s trust account.
O.C. 299-2010, s. 43.