| ARTICLE 11 PERSONAL INTEREST IN
PROPERTY |
A REALTOR® shall not buy or sell, or attempt to buy or sell an interest in property either directly or indirectly for himself or herself, any member of his or her Immediate Family, or any entity in which the REALTOR® has a financial interest, without making the REALTOR®'s position known to the buyer or seller in writing. |
| Interpretations |
11.1 Disclosure of the REALTOR®'s position shall include the fact that the REALTOR® is a licensed real estate practitioner, the nature of the interest held (when selling), the relationship of the REALTOR® to the Immediate Family member, and/or the fact that the REALTOR® has a financial interest in the buying or selling entity. |
11.2 Where disclosure regarding the Purchase or Sale
is also required pursuant to provincial regulation, such
additional disclosure shall be made in accordance
with that regulation. |
| 11.3 This disclosure must be made regardless of the location of the property in question and regardless of whether the REALTOR® in question is represented by another registrant. |
11.4 Disclosure pursuant to Article 11 shall be made at the earliest possible opportunity, and in any event prior to the presentation of an offer to Purchase. |
| 11.5 When in doubt, disclose. |
