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 has just suspended the licence of 106 brokers who have not completed their Mandatory Continuing Education Program.
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.
Fraud Prevention Month: Once again the OACIQ undertakes to closely monitor illegal brokerage schemes
In this fraud prevention month, the OACIQ reiterates its commitment to closely monitor real estate fraudulent practices, especially illegal brokerage activities, and invites consumers to take some precautions.
Whether you are looking to buy or sell a property, the real estate broker’s compensation can be negotiated–commission or percentage, lump sum, hourly rate. The OACIQ supervised broker must clearly explain to you what his contract with you implies.
Building inspection: the OACIQ calls on consumers to be cautious and reiterates the importance of overseeing this industry
As a regulator, the OACIQ reiterates its position in favour of stricter supervision of building inspection and calls on consumers to be cautious when choosing their inspector.
The agency executive officer is responsible for ensuring that the agency brokers meet their duties and obligations. If you experience a problem with your broker, you may call upon him.
When selling an immovable, whether you're a seller or buyer, you should not take for granted that the stove, fireplace or chimney of the immovable meets the current standards of both the insurer and the municipality. Hence the importance of an appropriate verification.
During a real estate transaction, whether you're a seller or buyer, how can you be sure you are giving or getting a clear picture about the possibility that the property is located on a former landfill site or that it is affected by radon, pyrite, dry rot, etc.?
The RDV OACIQ 2018 event, which has just ended at the Saint-Hyacinthe Convention Centre is the latest action taken by the OACIQ as part of its concrete initiative to increase public trust in real estate brokerage transactions.
The Cannabis Act (“Federal Statute”) and the Act to constitute the Société québécoise du cannabis, to enact the Cannabis Regulation Act and to amend various highway safety-related provisions (“Provincial Statute”) regulate activities such as the production, possession and consumption of cannabis. These federal and provincial statutes and related regulations came into force on October 17, 2018.
Your property or the property you are considering to purchase has sustained damage following a natural disaster? Here are the answers to some questions you may ask.
Following a report on the program La Facture on September 18, 2018, the OACIQ would like to make the following clarifications.
Sometimes, the buyer of an immovable does not take out a mortgage loan, preferring to pay cash for his purchase.
Since July 1, 2018, future buyers or sellers of divided co-ownership properties have been even better protected with the new form Declarations by the seller of the immovable - Divided co-ownership designed by the OACIQ specifically for this market.
The OACIQ is pleased to announce the coming into force of the mandatory form Declarations by the seller of the immovable – Divided co-ownership for consumers dealing with a real estate broker.
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