- File number
- CDMPD-25-J5399
- Licence number
- J5399
- Decision
- Notice of imposition of restrictions or conditions
NOTICE OF IMPOSITION OF CONDITIONS AND RESTRICTIONS
ON PIERRE MARCEL MONSANTO’S LICENCE
File: CDMPD-25-J5399
NOTICE is hereby given that Pierre Marcel Monsanto, residential real estate broker, licence number J5399, whose establishment is located in Terrebonne 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 37 (2) of the Real Estate Brokerage Act.
On May 8, 2025, the Licence Issue and Maintenance Committee imposed the following conditions and restrictions on Pierre Marcel Monsanto:
This notice became enforceable on August 29, 2025.
This notice is given in accordance with section 33 of the Regulation respecting broker’s and agency licences.
Brossard, August 29, 2025.
Registry of the Licence Issue and Maintenance Committee
ON PIERRE MARCEL MONSANTO’S LICENCE
File: CDMPD-25-J5399
NOTICE is hereby given that Pierre Marcel Monsanto, residential real estate broker, licence number J5399, whose establishment is located in Terrebonne 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 37 (2) of the Real Estate Brokerage Act.
On May 8, 2025, the Licence Issue and Maintenance Committee imposed the following conditions and restrictions on Pierre Marcel Monsanto:
- Within 6 months of his licence issuance, the applicant must complete the training course entitled “The broker as a self-employed worker,” provided by the OACIQ Training Department.
- Within 30 days of his licence issuance, the applicant shall send the OACIQ Registry Service proof of his registration for the training mentioned in paragraph (a).
- Within 3 months of his licence issuance, the applicant must take the training course "McGill Personal Finance Essentials" and send proof thereof to the OACIQ Registry Service.
- For 24 months following his licence issuance, he shall be prohibited from carrying on real estate brokerage activities on his own account.
- Until 24 months after his licence issuance, he shall be prohibited from carrying on real estate brokerage activities within a business corporation.
- For 24 months following his licence issuance, 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 his tax return every three months, which should be kept in the agency's file.
- Up to 24 months following his licence issuance, 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 holds a minimum of 20% of his remuneration for the purpose of paying his taxes, until such time as he is required to remit it upon transmission of a copy of his notices of assessment, or for the purpose of making instalment payments.
- A copy of the agreement mentioned in paragraphs (f) and (g) shall be sent to the OACIQ Registry Service within 30 days of his licence issuance.
- Within 30 days of his licence issuance, the applicant shall send the Organization’s Registry Service a signed undertaking from his agency executive officer by which the latter undertakes to supervise the applicant, according to the supervision plan in place, for 24 months following his licence issuance.
- The applicant shall send the follow-up report drawn up in accordance with the supervision plan to the Organization’s Registry Service every six months.
- Within 30 days of his licence issuance, the applicant shall send the Organization’s Registry Service an undertaking signed by his agency executive officer, confirming that the applicant will be assisted by a broker with over 10 years of experience for all his listings and acquisition files, in accordance with the terms and conditions of the said undertaking, for 12 months following his licence issuance.
- In the event of any agency change during the periods mentioned in paragraphs (f), (h) and (j), the applicant 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.
- The periods referred to in the decision shall end only upon the completion of such periods with an active real estate broker's licence.
- The periods referred to in the decision shall be suspended in the event the applicant suspends or revokes his real estate broker's licence.
This notice became enforceable on August 29, 2025.
This notice is given in accordance with section 33 of the Regulation respecting broker’s and agency licences.
Brossard, August 29, 2025.
Registry of the Licence Issue and Maintenance Committee