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C-73.2, r. 8 - Regulation respecting broker’s and agency licences
Section 2
Disposition versions
2. A real estate broker’s licence may be restricted
(1) to residential brokerage; or
(2) to commercial brokerage.
A restricted licence is issued to a natural person who makes a licence application in accordance with section 1, passes the training program and passes the required examination prepared by the Organization for the particular restriction.
A licence holder who passes the training program and passes the required examination may have the restricted licence modified to hold a real estate broker’s licence with no restriction.
2. A real estate broker’s licence may be restricted
(1) to residential brokerage; or
(2) to commercial brokerage.
A restricted licence is issued to a natural person who makes a licence application in accordance with section 1, passes the training program and passes the required examination prepared by the Organization for the particular restriction.
A licence holder who passes the training program and passes the required examination may have the restricted licence modified to include a second restriction or to have it become a real estate broker’s licence with no restriction.
2. A real estate broker’s licence may be restricted
(1) to residential brokerage; or
(2) to commercial brokerage.
A restricted licence is issued to a natural person who makes a licence application in accordance with section 1 and passes the required examination prepared by the Organization for the particular restriction.
A licence holder who passes the required examination may have the restricted licence modified to include a second restriction or to have it become a real estate broker’s licence with no restriction.
