Registrant Information

> Reciprocity

For reciprocity purposes, the Saskatchewan Real Estate Commission requires written correspondence from the real estate regulatory organization where the industry member was previously/currently licensed/registered outlining the education, registration and sanction history for that individual seeking registration in Saskatchewan. If a person was previously registered to trade in real estate in another jurisdiction, he/she must be eligible for registration in that jurisdiction at the time of application to qualify for reciprocity in Saskatchewan and a statement to this affect is required from the regulatory organization.

Please note that if you qualify for reciprocity, the requirement for registration as either broker, associate broker, branch manager or salesperson is successful completion of the Real Estate Practice in Saskatchewan course. This is a home-study correspondence course. There are no assignments to be completed; however; there is one examination. The enrolment form is available directly from the Association of Saskatchewan REALTORS®, or you may access it from their website by clicking here. Upon receipt of your enrollment form and applicable fees by the Association of Saskatchewan REALTORS®, you will be provided with the course material and exam locations. If you reside in another jurisdiction, alternate examination arrangements may be made within your current jurisdiction at the expense of the applicant. The Association of Saskatchewan REALTORS® is the organization in Saskatchewan that delivers and administers the real estate registration courses and any questions regarding enrollment, course material or examinations should be directed to the Association. They may be contacted at education@saskatchewanrealestate.com or 1-877-306-7732 or 1-306-373-3350 or fax at 1-306-373-5377.

Registration with the Commission

The application forms for registration with the Commission are available directly from the Commission or on our website under Registrant Information - Registration Requirements - Registration Applications. The application forms include instructions for the proper completion of the application and also outlines the applicable registration fees.

Pursuant to Bylaw 307 and Commission policy, all initial applicants for registration with the Saskatchewan Real Estate Commission are required to provide the Commission with a criminal record check by fingerprint comparison. For correspondence relating to the procedure to be followed in obtaining the criminal record check by fingerprint comparison click here.

Salesperson Registration

If you are registering through a brokerage currently registered with the Commission, contact the broker for the proper completion of the current application form. Upon successful completion of the Real Estate Practice in Saskatchewan course, you may submit an application for registration accompanied with the applicable registration fee, a complete explanation to any questions answered in the affirmative on the application form and the criminal record check unless previously submitted to the Commission.

Brokerage Application

All applications for registration for a brokerage must be accompanied by documentation confirming registration of the corporation and/or any business (trade) name with Saskatchewan Corporations Branch. If you are registering a brokerage, there are a number of requirements pursuant to The Real Estate Act that must be met prior to approval of an application for registration as a brokerage/broker. These requirements are outlined below.

Experience

No applicant for registration as a brokerage is entitled to registration unless the person designated as broker by the applicant meets the following experience requirements:

i)	has been actively employed as a salesperson, broker or branch manager for a period of two years during the preceding five years; or
ii)	has related experience that, in the opinion of the Commission, is equivalent to the experience described in subclause (i).

Maintenance of an Office

Pursuant to Section 30(1) of The Real Estate Act, the Commission will not grant registration to a brokerage unless the brokerage maintains an office in Saskatchewan that is satisfactory to the Commission and from which it conducts all or a part of its business. The Saskatchewan Real Estate Commission will accept the location of a brokerage's office providing that it is complying with the regulations, bylaws and zoning requirements of the municipality in which it is located and the municipal bylaws permit the access of salespeople and consumers to this office location.

Maintenance of Records

Section 31 of The Real Estate Act states, "Every brokerage shall keep proper records at its main office and, where applicable, its branch offices, with respect to all of its trades in real estate, including a trust account ledger, in accordance with the requirements set out in the bylaws.

Commission Bylaw 601 states, "Pursuant to section 31 of the Act, every brokerage shall maintain an adequate accounting system with respect to its trades in real estate, including at least the following books, records and accounts:

a)	books of account and all supporting records, including bank statements, duplicate deposit slips or other records of all deposits, receipts of funds, cancelled cheques and cheque stubs, a trust control ledger, the monthly trust reconciliation, the monthly trust liability listings, and similar documents;
b)	agency agreements and amendments to agency agreements;
c)	property management agreements and amendments to property management agreements;
d)	accepted offers to purchase, including Residential Contracts of Purchase and Sale, Schedule A, Counter Offers to Contracts of Purchase and Sale, Amendments to Contracts of Purchase and Sale and/or Notices to Remove Conditions, offers to lease and amendments to offers to lease;
e)	disclosure statements pursuant to section 65 of the Act; and
f)	written records of the notification of the completion of a transaction and the authorization of disbursement of trust funds."

Maintenance of an Interest Bearing Trust Account

Section 71 of the Act requires every brokerage to maintain, on a continuous basis, one or more interest bearing trust accounts in a financial institution in Saskatchewan. The brokerage shall deposit all money received by the brokerage into trust for other persons in connection with a trade in real estate in Saskatchewan. The trust account will be interest bearing with the interest accruing to the Commission. A form is provided to assist you in setting up the proper account if you are making brokerage/broker application for registration.

Real Estate Assurance Fund (REAF)

All brokerages registered in Saskatchewan must participate in the Real Estate Assurance Fund. The REAF was established to serve the public interest by providing financial protection to consumers if a deficiency occurred in the monies held in trust by a brokerage in connection with a trade in real estate. Funding of REAF is by a levy assessed on every applicant for registration as a brokerage and for renewal as a brokerage. The fees are outlined on the brokerage/broker registration application.

Broker Availability/Supervision

Commission Bylaws 711 and 712 are the requirements of a broker in the supervision of the brokerage.

Section 711 of the Commission Bylaws states: "A broker or branch manager shall adequately supervise the activities of the registrants and other personnel for whom he or she is responsible. In determining the adequacy of the supervision, the Commission will consider the following factors, but will not be limited to making a determination on these factors alone:

a)	whether the broker or branch manager was physically available to supervise:
b)	whether the broker or branch manager had established written policies and procedures;
c)	whether the broker or branch manager held regular staff meetings to determine that policies or procedures were properly implemented;
d)	whether the broker or branch manager had undertaken all reasonable steps to ensure compliance by all salespersons and other personnel; and
e)	whether the broker or branch manager took corrective and remedial action when a violation by a salesperson or other personnel was discovered."

Section 712 of the Commission Bylaws states: "A broker or branch manager shall be responsible for:

a)	reviewing and initialling all real estate agreements in a timely manner, including but not limited to those related to agency relationships and accepted offers to purchase
b)	reviewing and approving all advertising to ensure compliance with the Act, the regulations and the bylaws;
c)	ensuring that the brokerage utilizes only registered personnel to perform the duties of registrants on behalf of the brokerage;
d)	providing all registrants and personnel with written policies and procedures by which they are expected to operate; and
e)	taking reasonable steps to ensure that the brokerage and its registrants are in compliance with the Act, the regulations and the bylaws."