- Is a commission rebate legal in Ontario? →
- How much will I actually save? →
- When do I receive my rebate? →
In short, Form 801 is used to ease the amount of paperwork that agents need to file in Ontario. It works together with other OREA Forms.
It is required by REBBA (Real Estate and Business Broker Act 2002) and needs to be signed by the home buyer. It is filed by both the listing brokerage and buyer brokerage with the rest documents on the transaction.