POUR DIFFUSION IMMÉDIATE
April 24, 2019
MSC Allows Temporary Exemption on Signatures
Winnipeg – The Manitoba Securities Commission (MSC) Real Estate Division has issued a special, temporary exemption regarding physical signatures on the key documents used in a typical real estate purchase. The exemption is a temporary measure taken to reduce the risk of COVID exposure during real estate transactions.
Order No. 2785 – Temporary Exemption from the Requirement to Obtain a Physical Signature on Certain Documents and to physically Deliver those Documents under The Real Estate Brokers Act provides a temporary exemption on physical signatures and physical delivery of the executed exclusive listing agreements, executed offers to purchase, accepted offers to purchase and executed listing agreements.
These documents must still be signed electronically and the records must still be maintained by real estate brokers. This exemption will be in place until at least Sept. 30, 2020.
La Commission des valeurs mobilières du Manitoba est une division de l’Office des services financiers du Manitoba, organisme de service spécial du gouvernement du Manitoba chargé de protéger les investisseurs et de favoriser l’équité et l’efficacité dans les marchés financiers de la province.
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