Public articles
RDV OACIQ 2019: The quest for balance for the public
A record number of some 780 guests – brokers, agency executive officers, students and industry partners – attended the 2019 edition of the Rendez-vous of the OACIQ, the authority of real estate brokerage in Quebec.
The OACIQ takes action to increase real estate literacy
The OACIQ will hold an event at the National Assembly to discuss with elected officials the need to democratize and popularize real estate transactions with the general public.
The Quebec Court ordered the suspension of Marie-Josée Dumas’ real estate broker licence
The Court of Quebec imposed a six-year suspension period on Marie-Josée Dumas’ licence. The latter was found guilty of having been the instigator or the accomplice of a fraudulent scheme aimed at cheating a financial institution, by stealing the identity of a person and using false documents, in order to make a substantial profit on the sale of her son's house.
The OACIQ Discipline Committee has revoked Sandra Mercier’s licence
The Discipline Committee of the OACIQ has revoked Sandra Mercier's licence following her guilty plea on various counts.
The OACIQ unveils an all-digital guide for homebuyers
To help consumers who enlist the services of a real estate broker gain a better understanding of each step of their transaction through which they will be guided by their broker, the OACIQ today unveils the all-new version of the Buyer’s Guide.
Buyer’s Guide and Seller’s Guide
The OACIQ offers you two new tools to better understand the many steps of a real estate transaction.
First-Time Home Buyer Incentive of the Government of Canada and broker’s role
Are you thinking of buying and financing a first residential property? The First-Time Home Buyer Incentive program may help you reduce your mortgage payments without additional outlays for the down payment.
High-risk areas for pyrite: Broker responsibilities
Pyrite issues have been identified in cities of the Greater Montreal area. The OACIQ urges real estate brokers to inform their clients of the problems related to pyrite and to recommend the specific actions described below.
Property off the market, termination of contract: Concepts not to be confused
If the seller may no longer wish to sell his immovable during the term of an irrevocable brokerage contract, your broker may, after agreement, put an end to the contract (termination). If there is no agreement, he must take the property off the market.
Broker’s duty to disclose: An added protection
The real estate broker has the obligation to inform the parties engaged in a transaction of any known factor that may adversely affect buyers or sellers or the very object of transaction.
Study of Bill 16: The OACIQ is excited about the government's openness to oversee co-ownership property managers
The OACIQ is following with great interest the work of the Committee on Planning and the Public Domain on Bill 16 for the purpose, among other things, of regulating divided co-ownership.
Social media and real estate brokerage: a few ground rules
Social media: these digital sharing and distribution platforms are used more and more by real estate brokers and agencies. Here are the rules of conductwhich the OACIQ is responsible for enforcing under the Real Estate Brokerage Act, for your protection.
OACIQ Ombudsman
Any member of the public who believes he or she has been the victim of inappropriate treatment or decision by the OACIQ may contact the Ombudsman when all other remedies have been exhausted.
Signing a brokerage contract to sell, purchase or lease an immovable
When the owner of a residential immovable chooses to sell through a real estate broker, he must sign a brokerage contract. The same applies to the buyer if the broker wishes to ask him for compensation and to the lessor concerning lease matters.
Brokerage contract: The right to change one's mind
Signing a brokerage contract is an act that should be taken seriously. This is why you may, under certain conditions, terminate any contract signed between you and a real estate broker to sell, buy, lease or exchange a residential property. This is called the right to cancel.
Ten actions taken by the OACIQ for public trust
The OACIQ publishes Trust in action – Highlights 2018 which presents the various actions taken by the Organization over the past year to fulfill the important mission entrusted to it by the Government of Quebec–to protect consumers.
Bill 16: The OACIQ proposes to oversee co-ownership and set out guidelines for building inspection
Appearing before a parliamentary committee today to present its comments on Bill 16, the OACIQ reiterates its support for the government's desire to better regulate divided co-ownership and building inspection
The OACIQ suspended the licence of 106 brokers
The OACIQ has just suspended the licence of 106 brokers who have not completed their Mandatory Continuing Education Program.
Homes used to grow cannabis: Permanent stigmas
The OACIQ Discipline Committee suspended the licence of two real estate brokers involved in the sale of a property that may have been used to grow cannabis.
Bill 16: The OACIQ supports the efforts to regulate building inspection and divided co-ownership
The measures set out in Bill 16 are an excellent basis for discussion concerning building inspection and divided co-ownership. The OACIQ intends to actively participate in the enhancement of what is proposed in order to establish safer guidelines for the public.
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