Frequently commited errors - Certification examination

Published on: June 17, 2019
Reference number: 206908

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While completing the Brokerage contract – Sale form, the client asks you to advertise the property on social media. In which section of the form should you enter this information?

When completing a promise to purchase, my clients ask me to add a clause concerning certain work to be performed by the seller. What should such a clause include?

My buying client would like to obtain a copy of the certificate of location from the seller. Do I have to request this document under clause 9.1 (Review of Documents by Buyer) of the Promise to purchase form?

When selling a property, when should I complete and have the Declarations by the seller of the immovable form signed.

My client wants to buy a condo built 10 years ago. To what document do I have to refer to complete section 3 (Summary description of the immovable) of the Promise to purchase – Divided co-ownership form?

My selling client calls to tell me that his sister would like to buy his property. He asks me to reduce my compensation by half (i.e. 3%) if his sister buys the immovable within 60 days following the signing of the brokerage contract. What shall I do?

Can I attach the Identity Verification form to my client’s Promise to purchase?

Under which circumstances should I have my client sign the acknowledgment of receipt of the Declarations by the seller of the immovable form?

Section 3 of the Brokerage contract – Sale form and Promise to purchase form refers to the immovable, it indicates that: “The immovable, with building erected or to be erected thereon, if applicable, is designated as follows...”. What are the dimensions and area that should be entered, those of the erected building (house) or of the lot?

 

When completing the Declarations by the seller of the immovable form with my selling client, what do I have to indicate in section D14 Details and major improvements to the immovable?