3.1.“Brokerage transaction” means the actions taken in performing the obligations of the holder of a licence issued under this Act or of a special authorization issued by the Organization who is a party to a real estate brokerage contract as an intermediary even if the real estate brokerage contract does not require that the intermediary hold such a licence or authorization.
“Brokerage transaction” also includes the actions taken by such a licence holder with the intent to enter into a real estate brokerage contract as an intermediary.
3.1.“Brokerage transaction” means the actions taken in performing the obligations of the holder of a licence issued under this Act or of a special authorization issued by the Organization who is a party to a real estate brokerage contract as an intermediary even if the real estate brokerage contract does not require that the intermediary hold such a licence or authorization.
“Brokerage transaction” also includes the actions taken by such a licence holder with the intent to enter into a real estate brokerage contract as an intermediary.
2018, c. 232018, c. 23, s. 3961.
Until 30 April 2020,
section 3.1, enacted by section 396, is to be read as if both occurrences of “Brokerage transaction” were replaced by “Real estate brokerage transaction”.