Legislation & Information Bulletins > Real Estate Act
Part 2 - Regulation of Business of an Industry Member Section 24 - Calculation of Commission
24(1)
No real estate broker
(a)
shall request or enter into a service agreement or other arrangement for the payment to the broker of a commission or other remuneration based on the difference between the price at which real estate is listed for sale and the actual sale price of it, or
(b)
shall retain a commission or other remuneration computed on the basis referred to in clause (a).
