The OACIQ reacts to a report about the relationship between building inspectors and some real estate brokers
Following a report broadcast on TVA Gatineau-Ottawa yesterday evening about possible allegations of collusion between building inspectors and some real estate brokers, the OACIQ reiterates that any form of conflict of interest is not tolerated and ensures to take action in the event of a violation to the Real Estate Brokerage Act.
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.
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.
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, cancel the contract (termination). If there is no agreement, he must take the property off the market.
Social media: these digital sharing and distribution platforms are used more and more by real estate brokers and agencies. Here are the rules of conductwhich the OACIQ is responsible for enforcing under the Real Estate Brokerage Act, for your protection.
When the owner of a residential immovable chooses to sell through a real estate broker, he must sign a brokerage contract. The same applies to the buyer if the broker wishes to ask him for compensation and to the lessor concerning lease matters.
Signing a brokerage contract is an act that should be taken seriously. This is why you may, under certain conditions, terminate any contract signed between you and a real estate broker to sell, buy, lease or exchange a residential property. This is called the right to cancel.
The OACIQ publishes today Trust in action – Highlights 2018 which presents the various actions taken by the Organization over the past year to fulfill the important mission entrusted to it by the Government of Quebec–to protect consumers in their real estate transactions involving a residential, commercial or mortgage broker.
Appearing before a parliamentary committee today to present its comments on Bill 16, the OACIQ reiterates its support for the government's desire to better regulate divided co-ownership and building inspection
The OACIQ has just suspended the licence of 106 brokers who have not completed their Mandatory Continuing Education Program.
The measures set out in Bill 16 are an excellent basis for discussion concerning building inspection and divided co-ownership. The OACIQ intends to actively participate in the enhancement of what is proposed in order to establish safer guidelines for the public.
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