Licence Issue and Maintenance

• Including an audio summary^* of the full content of the guideline.

• Clarifying the information displayed in the Register of Licence holders to ensure that real estate brokers know which data is public.

• Clear explanation enabling real estate brokers to verify the processing of their application with the Certification Department and determine when a change takes effect.
• Questions designed to encourage real estate brokers to reflect on the activities permitted under their right to practise.

• Audio summary^*
• Addition of clarifications regarding the shared responsibility between the real estate broker and the real estate agency, depending on the nature of the obligations and situations.
• Key questions to encourage reflection by the real estate broker before operating through a corporation, and clarifications when the broker is not the sole shareholder.
• Table summarizing in plain language the obligations of a real estate broker from the beginning of self-employed practice.
• Table summarizing in plain language the practice conditions for real estate brokers wishing to operate on their own account when they obtained their licence before May 1^st, 2010.
• Clarifications regarding the declaration of cessation of activities and the beginning of self-employed practice.

• Chart explaining the training requirements for appointing a new AEO based on their situation.
• Removal of the statement regarding the earning of additional CEUs for certified brokers or AEOs, as this does not apply to the 2025–2027 cycle.

• Audio summary^*
• Reference to the article “When to suspend or revoke a licence.”
• Clarifying the distinction between a licence suspension and a licence revocation, through the addition of details that provide a better understanding of the consequences of each of these measures for real estate brokers.
• Explaining the concept of extended licence revocation and its scope.
• A clear statement of the consequences of failing to meet the deadlines for taking action, resulting in the irreversible loss of acquired rights.
• Table showing examples of conditions and restrictions that may be imposed by the LIMC or the Discipline Committee.

• Audio summary^*
• Key questions to encourage candidates to reflect on their path to becoming real estate brokers or before submitting an application to the Certification Department.
• Indication of the minimum period required to receive exam results.
• Clarification regarding the number of exam retakes permitted under the regulations.
• References to the FAQ on licence renewal, applicable fees, and the annual renewal period to improve the user experience.
• Clarification and emphasis on the obligation to report during the year, to help real estate brokers better understand when and under what circumstances a declaration is required.
• Key questions to encourage real estate brokers to reflect on the validity of their licence.

• Key questions to encourage agency executive officers to reflect when applying for a real estate agency licence.
• Mention that a real estate agency operated by a natural person may only be managed by its licence holder.

• Audio summary^*
• Reorganization and enhancement of sections to distinguish between cessation of activities, agency change, and licence modification.
• Clarification of the applicable obligations based on the real estate broker’s actual circumstances: cessation of activities, agency change, or licence modification.
• Table outlining the obligations that must be considered by real estate brokers working for an agency who have ceased their activities.
• New subsection created to consolidate and present, in a structured format, the information previously included in the Inspection quick reference guide regarding the impact on the right to remuneration following the cessation of activities by a real estate broker working for an agency.

• Clarification of obligations toward clients in the event of a change of status or cessation of activities.
• Restructuring of the section to clearly distinguish between changes of status, cessation of activities, record conservation, and the right to remuneration.
• Creation of a separate section to clarify record conservation following cessation of activities.
• Explicit incorporation of the concepts of illegal practice and post-revocation responsibilities, including failure to update the area of practice with the REQ.

This new section contains links and resources related to the most frequently asked questions about certification.