Office of the Superintendent of Real Estate
The Office of the Superintendent of Real Estate (OSRE) is a regulatory agency of the B.C. government that protects consumers who are buying, selling or renting a home. OSRE carries out the duties of the Superintendent of Real Estate.
OSRE provides oversight and regulation of the real estate industry in B.C. Under the Real Estate Services Act, the Real Estate Development Marketing Act and the Strata Property Act, OSRE exercises statutory jurisdiction and takes enforcement action against misconduct.
OSRE is mandated to protect the public interest and prevent harm to consumers.
Real estate services
Individuals and brokerages providing real estate trading or management services must be licensed with the Real Estate Council of British Columbia (unless otherwise exempted). OSRE protects consumers from unlicensed real estate services activity under the Real Estate Services Act.
Real estate development marketing
OSRE enforces the Real Estate Development Marketing Act by making sure developers provide full information and deposit protection to consumers when marketing residential developments.
In B.C., strata corporations are created by filing a strata plan with a Land Title Office. OSRE undertakes important functions under the Strata Property Act which are critical to the creation of strata titles, and which govern property owners’ ability to rent their strata property (as these may be subject to strata bylaws).
Services & Fees
The Office of the Superintendent of Real Estate charges fees for the following services:
- Filing disclosure statements
- Retrieving disclosure statements
- Filing Rental Disclosure Statements
- Approving Schedules of Unit Entitlement
- Approving Schedules of Voting Rights
Learn how to pay applicable fees.
Policy & Oversight
In 2016, an independent advisory group, led by the Superintendent of Real Estate, made recommendations to enhance protections for real estate consumers in B.C.
As a result of the recommendations, the Province has ended self-regulation of the real estate profession. Rule-making powers have been transferred from the Real Estate Council to OSRE. Changes to provincial legislation have increased OSRE’s oversight of the real estate industry.
In the new regulatory framework, OSRE will evaluate the Real Estate Council’s delivery of its consumer protection mandate.