IMPORTANT INFORMATION
Bill 16: The OACIQ pleased with measures for the protection of the public
The OACIQ warmly welcomes the adoption of Bill 16 by the National Assembly as well as the measures established to oversee co-ownership and building inspection
The OACIQ Discipline Committee has suspended Anh Tri Vo’s licence for 90 days and ordered him to pay a fine of $3,000
The Court of Quebec upheld on appeal the decision of the Discipline Committee of the OACIQ that suspended Anh Tri Vo’s real estate broker licence and fined him $3,000 for receiving remuneration without remitting it immediately to the agency he was acting for.
The OACIQ Discipline Committee has suspended Magdi Sayegh’s licence for 22 months and ordered him to pay a fine of $6,000
The Discipline Committee has suspended Magdi Sayegh’s licence for a period of 22 months and ordered him to pay a fine of $6,000, notably for using a nominee and price inflating scheme to mislead a financial institution.
USEFUL RESOURCES
27/8/2019
First-Time Home Buyer Incentive of the Government of Canada and broker’s role
First-Time Home Buyer Incentive: Are you thinking of buying and financing a first residential property? This program may help you reduce your mortgage payments without additional outlays for the down payment.
26/8/2019
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.
