Real estate brokers are professionals supervised, trained and inspected by theOACIQ. By working with a broker, you benefit from the protection offered by the Real Estate Brokerage Act. The OACIQ oversees the application of the duties and obligations imposed by this law, to ensure that your real estate transaction takes place in a climate of trust and transparency.
A broker must :
Your broker must always act with integrity and transparency, and provide all important information that could influence the transaction.
EXAMPLE: If the broker knows that the property has flooded in the past, he must inform you immediately.
It is the broker's responsibility to verify the accuracy of the information he or she provides, particularly that relating to the property.
EXAMPLE: He must ensure that the lot dimensions and municipal tax amounts mentioned in the description are correct before providing them to you.
The broker must act in your best interests and represent you loyally throughout the transaction.
EXAMPLE: If you're the buyer, he must present you with all the properties that match your criteria, without favoring those that would benefit him financially.
The broker must introduce you to the OACIQ and its mission.
EXAMPLE: Before starting a transaction, he should tell you about the OACIQ's mission to protect consumers, and invite you to consult their resources if you need them.
The broker must advise you and make sure you understand all the steps involved in the transaction, including the documents to be signed.
EXAMPLE: Before you sign a promise to purchase, he must explain all the clauses to you and make sure you understand their implications.
The OACIQ's mission is to protect you. Don't hesitate to contact the Info OACIQ information center by e-mail at [email protected], or by telephone at 450 462-9800 or 1 800 440-7170. An agent will inform you of your broker's obligations and direct you to the appropriate resources. You can also consult all the protection mechanisms made available to you by the OACIQ at oaciq.com, or interact with our conversational agent Élise, available at all times to answer your questions.
