NOTICE OF SUSPENSION OF
PATRICK CADET’S LICENCE (E0396)
File No.: 33-21-2363
Be advised that on February 14, 2022, the OACIQ Discipline Committee ordered that the real estate broker licence of Mr. Patrick Cadet, whose establishment is located in Brossard, be suspended from March 18 to August 14, 2022, for committing the following offences:
Count 2: As of or about May 2017, concerning a building located in Montreal, in the course of the performance of a brokerage contract, facilitated or allowed the promisor-buyer to purchase said building, while he knew or could not ignore that he did not have the financial capacity.
Count 3: On or about September 13, 2017, concerning a building located in Montreal, to obtain a loan secured by immovable hypothec for the purchase of a property covered by a brokerage contract, referred the promisor-buyer to individuals who do not hold an OACIQ licence to get a mortgage loan.
Count 4: As of March 23, 2017, concerning a building located in Montreal, in the course of the performance of a brokerage contract, did not submit any document related to this transaction to the agency for which he was acting.
Count 5: On or about October 21, 2020, concerning a building located in Montreal, during an investigation conducted by the assistant syndic, did not disclose to her all the facts he was aware of regarding the remittance of transactional documents to his agency.
Brossard, March 18, 2022
Discipline Committee Secretary