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.
Housing is a major economic and social pillar in Québec.
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.
The OACIQ puts its expertise behind Bill 401 regulating divided co-ownership and building inspection
The Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) welcomes the introduction of Bill 401, and more specifically the measures proposed to regulate building inspection and co-ownership, which we have been advocating for over ten years.
After a long process, Bill 141 amending the Real Estate Brokerage Act has just been adopted by the National Assembly.
Mitigated result for the protection of the public
When looking for a property, you have the right to be represented by the real estate broker of your choice. It is however in your interest to be informed of representation rules of brokerage licence holders.
The OACIQ sanctioned three brokers who carried out brokerage transactions while their licence was suspended
Licence suspensions, ranging from 30 to 120 days with fines, have recently been imposed on brokers to highlight the seriousness of offences and protect the public.
Dominique Derome, Vice-President – Finance, IT and Business Processes at the OACIQ, has been appointed as a member of the Board of Directors of the Office des professions du Québec by the Council of Ministers in March 2018.
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