CDMPT-23-G2598-2

Licence number

G2598

Broker's name

Andonios Papageorgiou

Decision

NOTICE OF IMPOSITION OF CONDITIONS AND RESTRICTIONS
ON ANDONIOS PAPAGEORGIOU’S LICENCE

File: CDMPT-23-G2598

NOTICE is hereby given that Andonios Papageorgiou, real estate broker, licence G2598, whose establishment is located in Laval, has had conditions and restrictions imposed on his licence, following a decision by the Licence Issue and Maintenance Committee of the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ), pursuant to section 38 (2) of the Real Estate Brokerage Act.

On October 5, 2023, the Licence Issue and Maintenance Committee imposed the following conditions and restrictions on Mr. Papageorgiou’s licence:

That it is appropriate to maintain Mr. Papageorgiou’s real estate broker’s licence and impose the following conditions and restrictions:
 
  1. Within 90 days of notification of this decision, the licensee must take the training course "Finances personnelles pour tous par McGill" and send proof thereof to the OACIQ Registry Service.
 
  1. He will be prohibited from acting on his own account for 36 months following notification of this decision.
 
  1. For 36 months following notification of this decision, the applicant shall enter into and maintain a written agreement with the agency within which he carries on his real estate brokerage activities to the effect that the latter retains the GST and QST payable to him until he is required to remit them, upon transmission of a copy of his tax return to be kept in the agency's file.
 
  1. Up to 24 months following notification of this decision, the licensee shall enter into and maintain a written agreement with the agency within which he carries on his real estate brokerage activities to the effect that the latter holds 20% of his remuneration to pay his taxes, until such time as he is required to remit it, upon transmission of a copy of his notices of assessment, or in order to make instalment payments.
 
  1. A copy of the agreement mentioned in paragraphs (c) and (d) shall be sent to the OACIQ Registry Service within thirty (30) days of notification of this decision.
 
  1. In the event of any agency change, the licensee must enter into a new agreement under the same conditions with the new agency and send a copy thereof to the Organization’s Registry Service within 30 days following the agency change.

Should the licensee fail to comply with the above conditions and restrictions, his real estate broker's licence shall be suspended until he does so.


Should Mr. Papageorgiou fail to comply with the above conditions and restrictions, his right to engage in professional real estate brokerage activities shall be suspended until he does so.

This notice is given in accordance with section 33 of the Regulation respecting broker’s and agency licences.

The decision became enforceable on November 8, 2023.

Brossard, November 8, 2023.

Registry of the Licence Issue and Maintenance Committee