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Agents on the hook for illegal in-law suites

from Toronto Star

The Real Estate Council of Ontario (RECO), the body that licenses and governs real estate agents, is cracking down on representatives who advertise two-unit homes without making clear whether the second unit — usually a basement apartment — is legal. Many agents typically use wording such as, "Agents and seller do not warrant legal retrofit status of in-law suite." Descriptions like this could disappear in the wake of two recent decisions of RECO discipline panels. more


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