Canadian Association of Rent to Own Professionals Membership Application
Code of Conduct
All members of CAROP commit themselves to:
Uphold the principles of the Canadian Association of Rent to Own Professionals
Provide full disclosure to clients regarding disposition of their deposits in case of default or failure to exercise their option
Ensure that all Rent to Own activities are performed within the scope and intent of the law in each member’s province, city, municipality, etc.
Advise clients to get their own legal advice or sign a waiver if they choose not to
Include a mandatory credit coaching program that assists clients toward mortgage eligibility
Actively and passively promote other members in good standing
A “no spamming” policy
Conform to the Canadian Access to Information Act and Canadian Privacy Act
Share client information only with the client’s written consent, and for the purpose of conducting Rent to Own/Real Estate investing business
Treat all members with courtesy and professionalism at all times; and Report offending members to the Board of Directors.
Offenders will be investigated and could be subject to potential suspension or expulsion.
A required fee of $299 is required up front in order to process your application. If your application is not accepted, you will be refunded your payment minus the 10% transaction fee.