> ## Documentation Index > Fetch the complete documentation index at: https://docs.myabode.ca/llms.txt > Use this file to discover all available pages before exploring further. # Glossary of Canadian real estate deal terms > Plain definitions of the real estate and brokerage terms used in myAbode Deals, including trade sheet, APS, Schedule A, co-op, double-end, conditions, waiver, mutual release, RECO, TRESA and FINTRAC. Terms used across myAbode Deals and in Ontario real estate transactions. ## Products ### myAbode Deals myAbode's deal-processing platform for Canadian brokerages. It takes a transaction from accepted offer to commission payout. ### Abby The assistant inside myAbode Deals. Agents send her deal documents; she reads them, opens the deal, checks the paperwork and follows up on what's missing. See [Meet Abby](https://docs.myabode.ca/abby.md). ### Deal desk myAbode's team of deal experts who review every deal. ## Documents ### Agreement of Purchase and Sale (APS) The core contract in an Ontario resale transaction, usually on an OREA form. ### Agreement to Lease The core contract when a property is rented rather than sold. ### Schedule A Terms attached to an agreement such as an APS, listing agreement or lease. It is part of that agreement. ### Schedule B The listing brokerage's standard schedule, attached to the listing so a co-operating agent can include it with an offer. ### Amendment A signed change to an agreement, for example a new closing date or a struck condition. ### Notice of fulfillment / waiver The signed notice that a condition has been met (fulfillment) or given up (waiver). A conditional deal becomes firm once every condition is fulfilled or waived. ### Mutual release The agreement the parties sign when a deal falls through, releasing each other and the deposit. Released deals appear under **Released**. ### Deposit receipt Proof that the buyer's deposit was received and by whom it is held. ### OREA forms The standard Ontario real estate forms published by the Ontario Real Estate Association. ## Deal terms ### Deal One real estate transaction being processed by the brokerage. ### Listing side / co-op side The listing side represents the seller or landlord. The co-op (co-operating) side represents the buyer or tenant. ### Double-end One agent or brokerage represents both sides of the same deal. ### Self-represented party A buyer, seller, landlord or tenant with no brokerage representing them in the deal. ### Offer date The date the offer was written. It appears in the header of every schedule and must match across the deal's documents. ### Acceptance date The date all parties accepted the agreement. Conditions are counted from it unless they name a fixed date. ### Irrevocable date The deadline by which an offer must be accepted. ### Conditional / firm A conditional deal still depends on conditions such as financing or inspection. It is firm once every condition is fulfilled or waived. ### Closing date The day the transaction completes. For a lease, the day the keys are handed over. ## Brokerage and payout ### Trade sheet The brokerage's record of a transaction: the parties, price, deposit and the commission split and payout details. It is signed electronically before payout. ### Trade record The record of a trade that Ontario's TRESA requires a brokerage to keep, with specific fields such as the parties, price, deposit holder and commission. ### Commission split How a deal's commission is divided between the agents and brokerages on it. ### EFT Electronic funds transfer, the way agents are paid. ### Broker of record The licensed person responsible for a brokerage's compliance. ### Office / branch admin A brokerage staff member who manages the agents in one office (branch). ## Regulation ### RECO The Real Estate Council of Ontario, the province's real estate regulator. ### TRESA The Trust in Real Estate Services Act, Ontario's real estate statute. ### FINTRAC The Financial Transactions and Reports Analysis Centre of Canada. Brokerages have anti-money-laundering obligations to it, such as identifying clients. This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.