Forms and contracts
Before you buy or sell a property, why not take a little time to review the OACIQ’s mandatory and recommended forms used by your broker? They will give you a good idea of the main steps involved in a real estate transaction.
Please note that these forms are provided for illustration purposes only and cannot be used for an actual transaction.
Real estate brokerage forms
Usable until June 30, 2012
Mandatory and recommended forms are used by licence holders of the Organization during their professional activities. Forms with the word "specimen" written on them are available for information purposes only, and may not be used to execute a real estate transaction in their present form. Forms without the word "specimen" may be used.
When an agent changes brokers
Procedure to be followed by an agent when changing brokers. What happens to brokerage contracts.
"Amendments and notice of fulfilment of conditions" form: When to use it?
Examples of cases where its use is mandatory or not recommended.
Standard letter and Transitional Annex: brokerage contracts made before and after May 1, 2010
As we reminded you in the special InfoLetter on Wednesday, April 14, 2010, when the new Real Estate Brokerage Act comes into force on May 1, you will continue using the current forms for a period of 18 months, from May 1, 2010 to October 31, 2011.
New ACAIQ forms
The new brokerage contracts and promise to purchase forms are mandatory since August 1, and must be used by all real estate brokers and agents.
The exclusive brokerage contract may be modified to authorize the client to sell his immovable on his own
Following a motion for a declaratory judgment filed by the Greater Montreal Real Estate Board (GMREB), judge Crôteau of the Superior Court recently handed down a decision confirming that the exclusive brokerage contract may be modified to authorize the client to sell his immovable on his own, without affecting the exclusive character of the contract. The GMREB is appealing the decision.
Knowing when to use the "Amendments and notice of fufilment of conditions" form
When and how should the form “Amendments and Notice of Fulfilment of Conditions” be used?
Major changes impacting the practice of real estate brokerage
[ACAIQ CONVENTION 2009]
ACAIQ President and CEO Robert Nadeau spoke to his audience about two major impacts which the new regulations will have. One concerns the broker’s relationship with the parties to a transaction; the other, trust accounts.
Importance of completing the form ''Declarations by the Seller of the Immovable''
The use of the Declarations by the Seller of the Immovable (DS) form is strongly recommended in any residential transaction.
Transitional Annex: Form availability
Since May 1, a ''Transitional Annex'' form must be attached to any brokerage contract entered into on or after that date. We remind you that a PDF version of this form was made available on Synbad on April 20. A carbonless paper version is also available from the Synbad online store.
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