Not really sure how yet, as the body of law around the regulation is not very filled out, but you don't want to be on the wrong side of that stick.

I think the regulatory environment will only get worse for agents.

This is really no longer a DIY matter with the new regulatory issues, you could lose your property if it is not done properly.An attorney can provide the service required by law, but IMO MOST will miss the financing requirements to make the deal work.

I can't help but think of the high standards we are held to by the state fire marshal's office and other regulatory bodies and some of the inane repairs and adjustments we've had to make over the years.

@Garry G.The CRA does not recognise an LLC as being a disregarded body or passthrough entity and, as you commented, treats it as a corporation (in most aspects).  

Your doctor takes looks at several of your body’s individual components – reflexes, blood pressure, and medical history – to make an overall all determination of your health.

If any body can relate, any insight will help greatly. 

If a real estate agent tries to pull a fast one, there is always the Commission, or regulating body, or even their Broker to go and see.

My guess is that not only are they going to be worried about future occupancy you can't prove yet, but they're also going to worry about the unstable regulatory environment we're currently in with regards to short-term rentals.

A Southern California family was awarded $1.6 million after they endured a months-long bedbug infestation that left a young boy with scars all over his body.