WHAT CAROP HAS TO OFFER
The Canadian Association of Rent-to-Own Professionals is the collective voice of rent-to-own operators across Canada who practice strong ethics and strive to create successful outcomes for their clients, their investors and their programs.
Once joining, you get credibility within the industry. CAROP membership will increase your perception from the outside world when it comes to being seen as an expert, having a high level of integrity, and training.
The CAROP Members’ Code of Conduct
All members of CAROP commit themselves to:
– 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
– Uphold the principles of the Canadian Association of Rent to Own Professionals
– Provide full disclosure to clients regarding the 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
Apply to Become a Member
“If you are a rent-to-own provider who is not yet a CAROP member, explore the benefits of becoming a CAROP member.”
"If you are not a rent-to-own provider but are associated with the industry as an investor, realtor, mortgage broker, lawyer, etc., or would simply like to stay in touch with our industry.”