Understanding the Disclosure of Representation in Trading Services Form
When you're buying, selling, or leasing real estate in British Columbia, one of the first official documents you’ll encounter is the Disclosure of Representation in Trading Services form—aka the DORTS. It’s not a contract, but it plays a crucial role in outlining your relationship with your real estate professional.
What is the Disclosure of Representation in Trading Services Form?
The Disclosure of Representation in Trading Services form is a mandatory disclosure required by the BC Financial Services Authority (BCFSA). Its purpose is to clearly explain the type of working relationship you’ll have with a real estate professional before you start sharing confidential details or receiving services.
The DORTS form outlines whether the professional is:
- Representing you as a client (with full legal duties to protect your interests), or
- Not representing you (you’re a non-client, with limited protections).
It ensures that you understand:
- The duties owed to you if you are a client
- The limitations of working with a real estate professional if you are not a client
Common Questions About the DORTS Form
Am I required to sign the DORTS form?
No. Your signature is optional. Signing simply acknowledges that you received the disclosure. A real estate professional is still required to review it with you, even if you choose not to sign.
Can I be considered a client without signing the DORTS form?
Technically, yes. Your relationship status (client or non-client) is determined by your interactions and any service agreements, not by whether you signed this form. The form helps clarify that relationship—but signing it is not what creates it.
If I don't sign it, can the real estate professional still help me?
Yes, they can still review the disclosure with you verbally and provide services, depending on the situation. The key is that the disclosure itself must be presented—not necessarily signed.
What’s the purpose of the form then?
It’s a compliance tool—not a contract. It ensures that consumers are informed about the type of working relationship being offered before they disclose anything sensitive or rely on the agent’s services.
The DORTS form is your first layer of protection in any real estate transaction in B.C. It promotes transparency and empowers you to make informed choices. Remember—acknowledging the form doesn’t tie you down. It just opens the door to clear communication.
Click here to view the Disclosure of Representation in Trading Services form.