The OACIQ Certification Department manages licence holder’s files. This Department issues, revokes, suspends a licence and lifts a licence suspension as well as updating brokers’ information. The OACIQ examinations are also administered and managed by this Department.
Do you want to learn more about the whole process of certification of real estate and mortgage brokers? Check out this section and get the information you are looking for?
The OACIQ would like to inform candidates interested in taking one of the new examinations of the procedure to follow to do so.
Issuance of a real estate or mortgage agency licence, Issuance of a real estate or mortgage broker licence and other forms
The OACIQ is very happy to inform you that brokers who are members of the QSC Program are now allowed to mention this in their publicity. This program was developed by the Quebec Federation of Real Estate Boards (QFREB). The public website was launched in November.
When the new Real Estate Brokerage Act came into force, the OACIQ issued technical specifications for electronic document management systems, including the preservation, archiving and maintenance of records and registers, in accordance with its mission.
The following tables list the chargeable fees for the various licences, according to the month in which an application is made.
As announced in the article The OACIQ is concerned about a recent decision rendered by the Court of Quebec published in the pro@ctive of December 1, 2011, the Court of Quebec has acquitted DuProprio of six counts brought against it on November 28, 2011. “We have substantial grounds for believing that DuProprio has committed many offences against the Real Estate Brokerage Act and this is why we will appeal the decision”, said Mr. Robert Nadeau, the President and Chief Executive Officer of the OACIQ.
Every year, the OACIQ invites brokers and agency executive officers to conduct a self-inspection. This exercise enables us to collect many relevant statistics and help you consolidate and improve certain aspects of your practice.
PRIOR conditions and verifications required for brokers to operate within a business corporation and remuneration to be paid to the corporation by the broker’s agency
With the coming into force on January 1, 2012 of amendments to the Real Estate Brokerage Act and the regulations thereunder, a broker acting on behalf of an agency will be able to carry out his activities within a business corporation (company) which he controls. The remuneration formerly payable to the broker will now be payable to this corporation.
In 2009, the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) brought a lawsuit before the Criminal and Penal Division of the Court of Quebec against DuProprio Inc. The OACIQ alleged that some activities of DuProprio Inc., especially in regard to advertising, violated the Real Estate Brokerage Act, since the enterprise had acted in a way leading public to believe that it was authorized to act as a real estate broker or agent, whereas it was not holding a certificate for this purpose.
In Quebec, any real estate brokerage transaction, for compensation and for others, must be carried out by a duly certified real estate broker or agent, i.e. one who holds a certificate to practice issued by the ACAIQ.