Disclosure Of Benefits Form

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DISCLOSURE OF BENEFITS
Rental/Strata Property
Management Services
SECTION 5-12 OF THE REAL ESTATE COUNCIL RULES REQUIRES DISCLOSURE TO A PRINCIPAL IF A LICENSEE OR THEIR ASSOCIATE*
ANTICIPATES RECEIVING, DIRECTLY OR INDIRECTLY, A BENEFIT FROM EXPENDITURES MADE BY OR ON BEHALF OF A PRINCIPAL TO OR
ON BEHALF OF WHOM RENTAL PROPERTY MANAGEMENT SERVICES OR STRATA MANAGEMENT SERVICES ARE OR MAY BE PROVIDED.
PART A
Notice to (name of client)
Street address of subject real estate
PART B – DISCLOSURE
(Complete section 1 or 2 or both as applicable)
1. Benefit to Licensee/Brokerage
I, __________________________________, am licensed under the Real Estate Services Act and disclose to you that I, or my related brokerage
(name of licensee)
will receive or anticipates receiving a benefit from an expenditure made by you or on your behalf.
Description of the expenditure: ________________________________________________________________________________________________
(product or service eg. new roof, cleaning supplies, pressure washing, painting services, etc.)
Nature of the benefit or anticipated benefit: ______________________________________________________________________________________
(nature and extent of benefit eg. amount in $ or % or other)
Source of the benefit : ______________________________________________________________________________________________________
(name of company or individual providing the benefit)
2. Benefit to Associate*
I, _________________________________, am licensed under the Real Estate Services Act and disclose to you that an associate* of mine will receive
(name of licensee)
or anticipates receiving a benefit from an expenditure made by you or on your behalf.
Name of associate: _________________________________________________________________________________________________________
(name of individual or company)
Description of the expenditure: ________________________________________________________________________________________________
(product or service eg. new roof, cleaning supplies, pressure washing, painting services, etc.)
Nature of the benefit or anticipated benefit: ______________________________________________________________________________________
(nature and extent of benefit eg. amount in $ or % or other)
Source of the benefit : ______________________________________________________________________________________________________
(name of company or individual providing the benefit)
PART C - SIGNATURES AND ACKNOWLEDGEMENT
By Client
By Licensee
The undersigned has made this disclosure to you in compliance with
The undersigned acknowledges receipt of this Disclosure of Benefits
section 5-12 of the Council Rules under the Real Estate Services Act
Name _______________________ Name _______________________
Name ______________________________________________________
Title ________________________ Title ________________________
Signature ____________________________________________________
Signature ____________________ Signature ____________________
Name of related brokerage ______________________________________
Date ________________________ Date ________________________
Date _______________________________________________________
A COPY OF THIS DISCLOSURE IS NOT REQUIRED TO BE PROVIDED TO THE REAL ESTATE COUNCIL UNLESS IT IS SPECIFICALLY REQUESTED.
Disclosure of Benefits – Rental/Strata Property Management Services
(Rev 01/2013)
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