To better protect the public
As a regulator created in 2010 by the Real Estate Brokerage Act (REBA), the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) invites the government to take advantage of the adoption of Bill 141 to better protect members of the public in their real estate or mortgage transactions by proposing four recommendations for improvement:
Clearly defining the brokerage transaction;
Maintaining and modernizing the supervision of rental real estate brokerage;
Maintaining mortgage brokerage oversight under the competence of the OACIQ; and
Ensuring a credible and coherent governance of the OACIQ.