NOTICE OF SUSPENSION OF
Be advised that on July 15, 2020, the OACIQ Discipline Committee ordered that the mortgage broker certificate of Mr. Louis Cliche, whose establishment was located in Saint-Frédéric, be suspended from August 18 to November 15, 2020, for committing the following offences:
LOUIS CLICHE’S LICENCE (G5338) and AMF #234572 certificat
File No.: 33-20-2211
Count 1: As of May 10, 2018, concerning an immovable, in the process of steps taken to obtain a loan secured by immovable hypothec for a borrower, carried out mortgage activities for the borrower while he did not have any written authorization.
Counts 2a and 2b: Concerning an immovable, signed, in lieu of a borrower, the following documents:
a) On or around May 11, 2018, the exclusive brokerage contract.
b) On or around June 19, 2018, Annex A of the exclusive brokerage contract.
Count 3: On or around February 24, 2020, allowed someone to send to the assistant syndic a copy of the exclusive brokerage contract bearing an authorization statement, even though he knew or should have known that the copy given to his agency did not include this statement.
Brossard, August 18, 2020
Discipline Committee Assistant Secretary