OREA Forms Explained
OREA -TRESA Forms(Effective on December 1st)
Form Summary
Form Summary
The reforms to the legislation bring important changes for consumers and those trading in real estate in Ontario.
This TRESA Explained section of RECO’s website provides a one-stop resource, and will be updated regularly.
2023 OREA Forms Explained
OREA Form Explained Index
OREA Clause
OREA Form Explained Index
80+ annotated Forms with explanations about the provisions. For educational purposes only.
OREA Clause
View the full Clauses booklet to access all 300+ clauses.
Form 100 Series
Form 200 Series
Form 300 Series
Form 400 Series
Form 500 Series
Form 600 Series
Form 800 Series
Form 100 Series
- Form 100 – Agreement of Purchase and Sale
- Form 101 – Agreement of Purchase and Sale Condominium Resale
- Form 109 – Offer Conveyance Acknowledgement
- Form 111 – Agreement of Purchase and Sale – POTL Common Elements Condominium
- Form 120 – Amendment to Agreement of Purchase and Sale
- Form 121 – Notice to Remove Condition(s) Agreement of Purchase and Sale
- Form 122 – Mutual Release Agreement of Purchase and Sale
- Form 123 – Waiver Agreement of Purchase and Sale
- Form 124 – Notice of Fulfillment of Condition(s) Agreement of Purchase and Sale
- Form 125 – Termination of Agreement by Buyer Agreement of Purchase and Sale
- Form 126 – Termination of Agreement by Seller Agreement of Purchase and Sale
- Form 127 – Condition(s) In Offer – Buyer Acknowledgement
- Form 129 – Notice Change to Completion Date or Other Information
- Form 130 – Fax Cover Sheet – Offers Related Documents & Communications
- Form 140 – Fax Cover Sheet – Offers Related Documents & Communications
- Form 145 – Assignment of Agreement of Purchase and Sale
- Form 150 – Assignment of Agreement of Purchase and Sale Condominium
- Form 160 – Registrant Disclosure of Interest Acquisition of Property
- Form 161 – Registrant Disclosure of Interest Disposition of Property
- Form 170 – Consent to Advertise
Form 200 Series
- Form 200 – Listing Agreement Seller Representation Agreement Authority to Offer for Sale
- Form 201 – Seller Customer Service Agreement Commission Agreement For Property Not Listed
- Form 202 – Seller Commission Agreement with Co-operating Brokerage For A Listed Property
- Form 208 – Entry/Access to Property Seller Acknowledgement
- Form 210 – Listing Agreement Landlord Representation Agreement Authority to Offer for Lease
- Form 224 – Seller’s Direction re: Property/Offers Important Information for Seller Acknowledgement
- Form 225 – Seller Property Information Statement Important Information for Sellers
- Form 240 -Amendment to Listing Agreement Authority to Offer for Sale Price Change/Extension/Amendment(s)
- Form 241 – Suspension of Listing Agreement Authority to Offer for Sale
- Form 242 – Cancellation of Listing Agreement Authority to Offer for Sale
- Form 243 – Assignment of Listing Agreement Authority to Offer for Sale
- Form 244 – Seller’s Form 244 – Seller’s Direction re: Property/Offers
- Form 248 – Entry/Access to Property Tenant Acknowledgement
- Form 261 -Mortgage Verification
- Form 270 – Open House Guest Registration
Form 300 Series
- Form 300 – Buyer Representation Agreement Authority for Purchase or Lease
- Form 301 – Cancellation of Buyer Representation Agreement
- Form 302 – Assignment of Buyer Representation Agreement
- Form 304 – Suspension of Buyer Representation Agreement
- Form 305 – Amendment to Buyer Representation Agreement
- Form 310 – Buyer Customer Service Agreement For Use When the Buyer is Not Represented By the Brokerage
- Form 320 – Confirmation of Co-operation and Representation Buyer/Seller
- Form 324 – Confirmation of Co-operation and Representation Tenant/Landlord
- Form 346 – Tenant Representation Agreement Authority for Lease or Purchase
- Form 380 – Buyer Services Forms Checklist Residential
Form 400 Series
Form 500 Series
- Form 500 – Agreement of Purchase and Sale Condominium Resale – Commercial
- Form 501 – Agreement of Purchase and Sale Condominium Resale – Commercial
- Form 502 – Agreement of Purchase and Sale Business in Leased Premises
- Form 503 – Sale of Business Statement Under Oath
- Form 510 – Agreement to Lease Commercial – Long Form
- Form 515 – Agreement to Sub-Lease Commercial
- Form 520 – Listing Agreement – Commercial Seller Representation Agreement Authority to Offer for Sale
- Form 521 – Amendment to Listing Agreement – Commercial Authority to Offer for Sale
- Form 522 – Cancellation of Listing Agreement – Commercial Authority to Offer for Sale
- Form 524 – Suspension of Listing Agreement – Commercial Authority to Offer for Sale
- Form 525 – Listing Agreement – Commercial Landlord Representation Agreement Authority to Offer for Lease
- Form 531 – Assignment of Listing Agreement – Commercial Authority to Offer for Sale
- Form 535 – Seller Customer Service Agreement – Commercial Commission Agreement For Property Not Listed
- Form 540 – Buyer Representation Agreement – Commercial Mandate for Purchase
- Form 541 – Amendment to Buyer Representation Agreement – Commercial
- Form 542 – Assignment of Buyer Representation Agreement – Commercial
- Form 544 – Cancellation of Buyer Representation Agreement – Commercial
- Form 545 – Buyer Customer Service Agreement – Commercial For Use When the Buyer is Not Represented By the Brokerage
- Form 546 – Tenant Representation Agreement – Commercial Mandate for Lease
- Form 555 – Suspension of Buyer Representation Agreement – Commercial
- Form 560 – Confidentiality Agreement – Commercial
- Form 560 – Confidentiality Agreement – Commercial
- Form 570 – Amendment to Agreement of Purchase and Sale – Commercial
- Form 571 – Notice to Remove Condition(s) Agreement of Purchase and Sale – Commercial
- Form 572 – Mutual Release Agreement of Purchase and Sale – Commercial
- Form 573 – Waiver Agreement of Purchase and Sale – Commercial
- Form 574 – Notice of Fulfillment of Condition(s) Agreement of Purchase and Sale – Commercial
- Form 575 – Termination of Agreement by Buyer Agreement of Purchase and Sale – Commercial
Form 600 Series
- Form 610 – Disclosure of Benefit/Payment to Registrant Finders Fees, Rewards, Referral Fees, Incentives
- Form 641 – Referral Agreement
- Form 650 – Co-Brokerage Agreement Between Multiple Listing Brokerages
- Form 651 – Agreement to Co-Operate To Be Used Prior to Showing
- Form 652 – Brokerage Communication Competing Offers, Multiple Representation, Agreements Relating to Commission/Remuneration
- Form 653 – Co-Brokerage Agreement Between Buyer Brokerages
Form 800 Series
- Form 801 – Offer Summary Document For use with Agreement of Purchase and Sale
- Form 810 – Working with a REALTOR®
- Form 815 – Working with a Commercial REALTOR®
- Form 820 – Residential Information Checklist
- Form 823 – Residential Information Checklist Rental or Lease – Fixture(s)/Chattel(s) Included
- Form 826 – Residential Information Checklist Rental/Tenancy on Property
All forms and pdfs are from : https://www.orea.com/standard-forms-clauses#standard-forms