Public articles
The OACIQ Discipline Committee has suspended Magdi Sayegh’s licence for 22 months and ordered him to pay a fine of $6,000
The Discipline Committee has suspended Magdi Sayegh’s licence for a period of 22 months and ordered him to pay a fine of $6,000, notably for using a nominee and price inflating scheme to mislead a financial institution.
The OACIQ Discipline Committee has suspended Léo Waltzing’s licence for 60 days
The Discipline Committee of the OACIQ has suspended Léo Waltzing’s real estate broker licence for a period of 60 days, notably for failing, as agency executive officer, to ensure that the prospective buyers are informed of water infiltration problems affecting the immovable.
RDV OACIQ 2019: The quest for balance for the public
A record number of some 780 guests – brokers, agency executive officers, students and industry partners – attended the 2019 edition of the Rendez-vous of the OACIQ, the authority of real estate brokerage in Quebec.
The OACIQ takes action to increase real estate literacy
The OACIQ will hold an event at the National Assembly to discuss with elected officials the need to democratize and popularize real estate transactions with the general public.
The Quebec Court ordered the suspension of Marie-Josée Dumas’ real estate broker licence
The Court of Quebec imposed a six-year suspension period on Marie-Josée Dumas’ licence. The latter was found guilty of having been the instigator or the accomplice of a fraudulent scheme aimed at cheating a financial institution, by stealing the identity of a person and using false documents, in order to make a substantial profit on the sale of her son's house.
The OACIQ Discipline Committee suspended Carmen Doré’s licence for 60 days
Carmen Doré’s licence was suspended for 60 days for, among other things, failing to check the charges affecting an immovable and for modifying a signed document.
The OACIQ Discipline Committee suspended Patrick Galvan’s and Gilda Galvan’s licence for 30 days each
Patrick and Gilda Galvan’s real estate broker licences were suspended for a period of 30 days for abandoning the immovable they bought while they were in charge of selling it.
The OACIQ Discipline Committee suspended Sonia Carier’s licence for 90 days
The Discipline Committee of the OACIQ suspended Sonia Carier’s real estate broker licence for a period of 90 days for having minimized the scope of cannabis cultivation in a building.
The OACIQ Discipline Committee has revoked Sandra Mercier’s licence
The Discipline Committee of the OACIQ has revoked Sandra Mercier's licence following her guilty plea on various counts.
The OACIQ unveils an all-digital guide for homebuyers
To help consumers who enlist the services of a real estate broker gain a better understanding of each step of their transaction through which they will be guided by their broker, the OACIQ today unveils the all-new version of the Buyer’s Guide.
Consultation on the Draft Regulations respecting mortgage brokerage
The Autorité des marchés financiers (AMF) today published the Draft Regulations relating to mortgage brokerage supervision together with a notice and request for comment on them.
The OACIQ reacts to a report about the relationship between building inspectors and some real estate brokers
Following a report about possible allegations of collusion, the OACIQ reiterates that any form of conflict of interest is not tolerated.
First-Time Home Buyer Incentive of the Government of Canada and broker’s role
First-Time Home Buyer Incentive: Are you thinking of buying and financing a first residential property? This program may help you reduce your mortgage payments without additional outlays for the down payment.
High-risk areas for pyrite: Broker responsibilities
Pyrite issues have been identified in cities of the Greater Montreal area. The OACIQ urges real estate brokers to inform their clients of the problems related to pyrite and to recommend the specific actions described below.
Property off the market, termination of contract: Concepts not to be confused
If the seller may no longer wish to sell his immovable during the term of an irrevocable exclusive brokerage contract, your broker may, after agreement, put an end to the contract (termination). If there is no agreement, he must take the property off the market.
Broker’s duty to disclose: An added protection
The real estate broker has the obligation to inform the parties engaged in a transaction of any known factor that may adversely affect buyers or sellers or the very object of transaction.
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