Public articles
New residential building inspection standard
On July 26, 2022, the Bureau de normalisation du Québec (BNQ) published the draft standard BNQ 3009-500: “Residential building – Inspection practices in a real estate transaction context” following the consultation of various stakeholders, including the OACIQ, by a standards committee.
New OACIQ promise to purchase forms in effect as of June 22, 2021
As part of the measures implemented to address the issues raised by the overheated housing market, the Ministry of Finance and the OACIQ have agreed to amend the promise to purchase forms to reinforce the messages pertaining to the risks of waiving a pre-purchase inspection.
Have your fireplaces, stoves and chimneys inspected!
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.
Contaminated soil, dry rot, radon, cannabis, etc.: How to protect yourself
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 advantage of being part of a professional network
During a real estate, don’t hesitate to seek help from seasoned professionals. If you do business with a broker duly authorized by the OACIQ, he will provide you with a list of trustworthy people to assist you at every step of your transaction.
An inspection protects you
Thinking of buying a property? The OACIQ strongly recommends that you have it inspected prior to purchase. Here are the main steps of this process.
Your broker’s network: valuable resources for your real estate transaction
Doing business with a real estate broker also means having access to a vast network of qualified professionals who will play a key role in ensuring that your real estate transactions goes off without a hitch..
Existing inspection report: What is the proper procedure for the real estate broker?
The Regulation respecting brokerage requirements, professional conduct of brokers and advertising (hereafter “the Regulation”) states that a broker or agency executive officer must take steps, in accordance with accepted practice, to learn of any factors that may adversely affect the party represented by them or the agency for which they act, the parties to the transaction or the very object of the transaction.
