Notify RECA of Brokerage Amendments

Every year, the brokerage renewal application in myRECA asks brokers about amendments they have yet to report to RECA. If they have amendments to report, their application stops there, which not only delays brokerage renewal, but also possibly delays the renewal of any associates at the brokerage.

Brokers: be mindful of what you must report to RECA concerning changes at your brokerage. You are required to notify RECA immediately when these changes occur, and there are processes in place to let you do so.

This is a consumer protection issue. Consumers must have access to up-to-date information about a brokerage they may potentially hire, and RECA must have up-to-date trust account and other information to protect the public.

All of the below amendments follow the same procedures for real estate and mortgage brokerage.

Review the detailed requirements for brokerage amendments on RECA’s website.

Some brokerage amendments will carry a cost, usually $50.

What types of brokerage changes require a broker to notify RECA through myRECA?

Report the following amendments to RECA through myRECA:

• opening, closing or changing a trust account(s)
• change in the brokerage’s contact information
• change in the brokerage business address
• corporate structure change (additional supporting documents are required)

You must notify RECA of these amendments immediately.

What types of brokerage changes require a broker to notify RECA in writing?

For the following amendments, the broker must contact RECA directly at registration@reca.ca.

• change of broker
• brokerage name change
• Partnership Amendment
• Change in Corporate Access Number

You must notify RECA of these amendments immediately.

What forms and information will I need?

The type of information that you will require and provide to RECA will vary depending on the type of amendment. Review the Brokerage Amendments page for more information.