Get Orea Form 540

This guide provides detailed instructions on how to fill out the OREA Form 540, which is an Exclusive Buyer Representation Agreement used in Ontario. Follow these steps to complete the form efficiently and accurately.

Follow the steps to complete the OREA Form 540 online.

1. Click 'Get Form' button to obtain the form and open it in your browser or PDF editor.
2. Begin by filling in the Brokerage's name and contact information, including telephone and fax numbers.
3. Next, enter the Buyer's name and contact details, followed by the date when the Buyer representation agreement is effective.
4. Specify the expiry date for the agreement and ensure the Buyer initials if the timeframe exceeds six months.
5. Provide a general description of the property type and geographic location that the Buyer is interested in.
6. Acknowledge that the Buyer has no other active buyer representation agreements with any other brokerage.
7. Review the definitions and interpretations section to understand any legal terms involved.
8. Fill in the responsibilities of the Buyer to confirm cooperation with the Brokerage during the process.
9. Complete the acknowledgment that the Buyer has received written information regarding agency relationships.
10. Finally, review all the entered information for accuracy, then save your changes, download, print, or share the completed form as needed.

Complete and submit your documents online to proceed with your real estate transactions.