33-12-1482

Licence number

E5725

Broker's name

Bracho, Isabel

Decision

NOTICE OF LICENCE SUSPENSION

File: 33-12-1482

NOTICE is hereby given that Isabel Bracho, former real estate broker, licence No. E5725, whose establishment was located in Brossard, has notably been found guilty by the OACIQ Discipline Committee of the offences summarized below:

Count 1: During December 2010, concerning a borrower's financing application for the acquisition of an immovable, encouraged the fabrication and use of false documents, altered a borrower's letter of employment and sent or allowed someone to send the false documents and inaccurate information to a financial institution.

Count 2: During December 2010, concerning a borrower's financing application for the acquisition of an immovable, encouraged the fabrication and use of false documents and sent or allowed someone to send the false documents and inaccurate information to a financial institution.

Count 4: On two occasions, as of October 1, 2010 and November 24, 2010, concerning two exclusive brokerage contracts, did not immediately send to the manager of the business place to which she is assigned, the information and documents required to maintain records, books and registers.

On September 21, 2015, the Discipline Committee ordered the suspension of Isabel Bracho's licence No. E5725 for a period of 12 months, to be served whenever she becomes a licence holder again.

This notice is given in accordance with section 33 of the Regulation respecting the issue of broker’s and agency licences (R.R.Q., c. C-73.2, r.3).

Brossard, October 26, 2015

Renée Dionne
Discipline Committee Secretary