The Ontario Real Estate Association (OREA) is a professional association that represents real estate brokers and salespeople who are members of Ontario's real estate boards. It has its headquarters at 15 Kern Road in Toronto. The Ontario Association of Real Estate Boards (later renamed the Ontario Real Estate Association) was founded in 1922 to organize real estate activities on a province-wide basis. In 1930, the Ontario government brought into law the Real Estate and Business Brokers Act. The government of Ontario codified and regulated the real estate broker occupation. A new law was enacted, under the supervision of the Ontario Securities Commission, called an Act for Registration of Real Estate Brokers and Salesmen. Bill 150 was introduced into the Legislature on March 21, 1930, by Mr. Ferguson, and royal assent was given on April 30, 1930. More information...
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