Broker Disclosure

Explore broker disclosure in Canadian real estate—what brokers must share, how it protects clients, and why transparency is legally required.

Broker Disclosure

May 29, 2025


What is Broker Disclosure?

Broker disclosure is the legal obligation of a real estate or mortgage broker to fully inform clients of key details about fees, relationships, and potential conflicts of interest.

Why Broker Disclosure Matters in Real Estate

In Canadian real estate, licensed brokers must disclose their role in a transaction, any compensation they receive, and whether they represent the buyer, seller, or both.


Disclosure may include:
Commission rates or broker fees
Dual agency situations
Referrals to affiliated services


Mortgage brokers must also disclose any fees paid by the lender or borrower in writing before finalizing financing. Provincial regulators enforce these rules to ensure transparency.


Understanding broker disclosure protects clients from hidden costs and ensures fair dealings in all real estate transactions.

Example of Broker Disclosure

The broker informs the buyer that they will receive a commission from the lender and provides a written broker disclosure form before proceeding.

Key Takeaways

  • Required in real estate and mortgage deals.
  • Includes fee, role, and relationship transparency.
  • Regulated by provincial licensing bodies.
  • Helps clients make informed decisions.
  • Must be presented in writing.

Related Terms

Additional Terms

Public Realm Improvements

Public realm improvements are enhancements to public spaces such as sidewalks, parks, plazas, and streetscapes, often funded or contributed by. more

Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

A lease surrender agreement is a negotiated contract between a landlord and tenant that ends a lease before its scheduled expiration. Terms may. more

Green Infrastructure

Green infrastructure refers to natural or engineered systems that manage stormwater, reduce heat, and improve sustainability in developments.. more

Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

The Underused Housing Tax (UHT) is a federal annual 1% tax on the value of vacant or underused residential property owned by non-resident,. more

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