Public articles
Uninsured mortgages are now also subjected to a rate stress test
As of January 1, 2018, borrowers who finance their residential homes without purchasing a mortgage insurance (as is often the case when the borrower gives a down payment of 20% or over) must also be subjected to a rate stress test by their mortgage lender.
L’OACIQ est clair : encadrer l’inspection en bâtiment est une avenue incontournable pour protéger le public
Depuis plus de dix ans, l’Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) estime qu’il est nécessaire que l’inspection en bâtiment soit encadrée par une autorité compétente afin que le public soit mieux protégé lors de ses transactions immobilières.
Dry rot: what you need to know
Serpula lacrymans – commonly known as dry rot and often referred to as a “building cancer” – is a destructive fungus that attacks timber in residential buildings, leading the wood to decompose and decay.
Appointment at the OACIQ - Caroline Champagne
The OACIQ is pleased to announce the appointment of Caroline Champagne as Vice-President, Enforcement of Practices.
How to prevent radon from affecting your real estate transaction
Radon can build up in a home. Here’s how to prevent radon problems before a transaction.
Instructions for buying from a builder or developer
Buying a new or off-plan home or condo is a major real estate transaction. It’s better to know what you're getting into!
A report card on a property
The Real Estate Brokerage Act provides for a range of tools to protect your interests. The Declarations by the seller of the immovable form is one of them.
Receipt of several promises to purchase?
Your property is for sale? It’s quite possible that you receive several promises to purchase. Here is how the Real Estate Brokerage Act oversees the practices of professionals authorized by the OACIQ in this context.
Intergenerational homes: The protections offered by the Real Estate Brokerage Act
Before indicating that a home is an intergenerational one, the seller’s broker must be able to show the accuracy of the information he provides.
The OACIQ equips and empowers agency executive officers
The Organization started a vast compliance program aiming particularly at equipping and empowering agency executive officers to fulfil their role with their brokers.
Conditions for using the OACIQ Register of Licence Holders
The purpose of the Real Estate Brokerage Act is to ensure the protection of the public in the area of real estate brokerage. To this end, the Act requires among other things that anyone pursuing brokerage activities in Québec be qualified to do so and be the holder of a licence issued by the Organisme d'autoréglementation du courtage immobilier du Québec (OACIQ).
Sale or purchase of a new construction: Rules to follow
If you are contacted by a building contractor or real estate developer to handle the marketing of new homes, or if you have a client interested in purchasing this type of property, you are bound by your duties and obligations under the Real Estate Brokerage Act and the Regulation respecting brokerage requirements, professional conduct of brokers and advertising.
The OACIQ emphasizes its role as regulator
In accordance with its status as a regulator, the OACIQ actively participates in the discussions of regulators in other provinces.
Duties and ethical obligations of my broker
The duties and obligations of the professionals who are authorized to act by the OACIQ are prescribed by the Real Estate Brokerage Act.
The rules for a successful financing
When taking out a mortgage loan, choosing the financing and the lender are decisions that deserve consideration.
Buying from a seller who is not represented by a broker
You are interested in a property, but you find that the seller is selling by himself or through a for-sale-by-owner company?
The OACIQ suspends the agency executive officers’ licence and imposes fines on agencies concerned
Highlighting the decisions of the Discipline Committee is in line with the OACIQ’s Strategic directions, which aim in particular at promoting a culture of compliance among authorized professionals.
OACIQ: An employer of choice
At the OACIQ, we realized that being a good employer benefits everyone!
What’s an exclusive brokerage contract?
In accordance with the public protection mission entrusted to it by the Real Estate Brokerage Act, the OACIQ has designed brokerage contracts to protect your interests.
For a clear understanding of the promise to purchase
The Real Estate Brokerage Act provides the OACIQ with a range of tools to protect you. The Promise to purchase form is one of them.
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