Public articles

November 15, 2017

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.

November 08, 2017

Dry rot: How to act in a transaction

The real estate brokerage professional should know how to recognize the presence of Serpula lacrymans in an immovable, commonly known as dry rot.

Legalization of cannabis: What impact on the real estate brokerage practice?

The federal bill C-45 (or Cannabis Act) and the provincial Bill 157 (or Act to constitute the Société québécoise du cannabis, to enact the Cannabis Regulation Act and to amend various highway safety-related provisions) received royal assent in June 2018 and the legalization of cannabis came into force on October 17, 2018.  What impact does this Act have on your practice?

November 01, 2017

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.

October 30, 2017

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.

October 27, 2017

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.

October 26, 2017

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.

October 25, 2017

The rules for a successful financing

When taking out a mortgage loan, choosing the financing and the lender are decisions that deserve consideration.

October 24, 2017

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?

October 19, 2017

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.

October 17, 2017

Creation of an OACIQ advisory committee on commercial brokerage

Through its recent announcement of a review of its governance, the OACIQ has notably expressed its intention to turn the working group on commercial real estate brokerage into a true advisory committee.

October 11, 2017

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.

October 10, 2017

Are you covered by the right prescription drug insurance plan?

Only Québec citizens who do not have access to a private insurance may register for the public prescription drug insurance plan. However, as an OACIQ licence holder, you have access to a private drug insurance plan.

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.

October 04, 2017

Order regarding flood zones: How to properly inform the parties

Following the 2019 spring floods, the Quebec Government published on July 15, 2019, an order that provides for the extension of the special planning zone (SPZ) that was set up in 2017.

September 29, 2017

Immocom Services International is not an OACIQ licence holder

The OACIQ would like to point out that the Immocom Services International does not hold a real estate brokerage licence. In Québec, Anyone who acts as an intermediary between a buyer and a seller must have a licence issued by the OACIQ.

September 05, 2017

Rules governing lobbying and registration in the registry of lobbyists

Lobbyists must therefore act in a transparent manner by registering the purpose of their lobbying activities in the Registry of Lobbyists, and must abide by the Code of Conduct for Lobbyists.

 

August 03, 2017

The OACIQ presents its strategic directions

An even better-informed and better-protected public: that is the objective pursued by the OACIQ as it introduces its strategic directions for the next three years.

August 01, 2017

Amendment to “park fees” regulations

On June 15, 2017, the Québec National Assembly adopted Bill 122 for the purpose, among other things, of amending the Act respecting land use planning and development (ALUPD).

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