RE/MAX North Country Realty Inc. ordered to cease trading in all 10 Muskoka and Area offices


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The Registrar of the Real Estate Council of Ontario has suspended the registration of Re/Max North Country Realty Inc. in Muskoka and area.

Below is a press release issued by RECO on Dec. 31.


“On December 31, 2019, under the authority of the Real Estate Business Brokers Act, 2002 (REBBA) and in order to protect the public interest, the Registrar of the Real Estate Council of Ontario (RECO) issued an order to immediately suspend the registrations of:


RE/MAX NORTH COUNTRY REALTY INC.


Operating in the following locations:

Huntsville (head office)

Bala

Bracebridge

Burk’s Falls

Gravenhurst

Haliburton

Kilworthy

Minden

Port Loring

Wilberforce


The order to suspend the registrations follows a Notice of Proposal to revoke the registrations of RE/MAX North Country Realty Inc.

All trading activities at RE/MAX North Country Realty Inc. and its registered branches must cease immediately.


RECO discovered a shortfall in RE/MAX North Country Realty Inc.’s statutory real estate trust account, where consumer deposits are to be held. Additional action may be taken and information will be made available through RECO’s website.


Individuals who may be impacted by the Suspension Order are asked to use the contacts listed below:


Home buyers and sellers with questions about the suspension order, including whether a pending sale or purchase will be completed on time, should contact:

Shaun Chu-A-Kong Phone: (416) 207-4873 Toll Free: 1-800-245-6910, ext. 4873 Email: shaun.c@RECO.on.ca


Questions about consumer deposit claims, or other insurance-related inquiries, should be directed to RECO’s Insurance Department:

Jeremy Meuris Phone: (416) 207-4875 Toll Free: 1-800-245-6910, ext. 4875 Email: insurance@reco.on.ca


Cooperating brokerages for trades in which RE/MAX North Country Realty Inc., holds the deposit and/or are owed commissions by RE/MAX North Country Realty Inc., should contact:

Jeremy Meuris Phone: (416) 207-4875 Toll Free: 1-800-245-6910, ext. 4875 Email: insurance@reco.on.ca


Employees of RE/MAX North Country Realty Inc., with questions about commissions should contact the claims adjuster for RECO’s insurance program:

ClaimsPro LP Toll Free: 1-877-740-1913 Toll Free Fax: 1-866-735-1033 Email: claims@reco-claims.ca

The insurer requires one Notice of Claim Commission Protection form per trade.  Claim forms are located on the insurer’s website: www.reco-claims.ca


Employees of RE/MAX North Country Realty Inc., with questions about the procedures for transferring a registration to a new brokerage should contact:

Shahin Rehmtulla Phone: (416) 207-4826 Toll Free: 1-800-245-6910 ext. 4826 Email: registration@reco.on.ca

The insurer requires one Notice of Claim Commission Protection form per trade.  Claim forms are located on the insurer’s website: www.reco-claims.ca

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