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Water supply, wells and septic tanks: duties and obligations of the broker When a transaction concerns a property that is not serviced... These crucial verifications are an integral part of a broker’s duty to verify and advise, because they are factors that are relevant to the...This activity will help you familiarize yourself with the different types of systems and better fulfill your duty to advise and inform.

In this regard, the Committee is right to insist on the importance of the duty to collaborate between agents....There is no doubt that the collaboration duty between agents, particularly between the listing agent and the collaborating agent, is paramount....A breach of this duty constitutes unfair and prejudicial conduct towards both the collaborating agent and this agent’s client.

synbad.com/en/articles/duty-to-advise">3.1.1 Pre-sale inspec

However, he or she may delegate this duty to a third party....is no longer required for the performance of his duties (for example, after the completion of the real estate transaction or the refusal of the promise... The agency must provide its brokers and employees with clear guidelines and policies that comply with privacy laws.

They will also serve as an example for brokers, agency executive officers or agencies.... For more details in this regard, read the article entitled The broker’s and agency executive officer’s duty to collaborate with the OACIQ.

The real estate agency or broker working for a builder or developer To what extent a real estate agency or broker may sell new houses for...They must therefore respect their duties and obligations set out in the Real Estate Brokerage Act and its regulations when they engage in brokerage... This means that a real estate broker may work for a builder or a real estate developer only as a real estate broker acting on his own

requirements, professional conduct of brokers and advertising (“the Regulation”), a broker must avoid placing himself in a conflict of interest....In such a case, the broker should recommend that a third party be appointed as mandatary....font-size:14px">Identity of the real buyer or seller Sometimes a party to a transaction may wish to be represented by a third party duty

puts at your disposal two easy-to-use tools to better understand the many steps of a real estate transaction through which you will be guided by your broker...practical information on:                  The duties...and obligations of real estate brokers; The Promise to purchase; The downpayment; The compensation of brokers (commonly

For a description of the terms and conditions related to the financing of a transaction, as well as the broker’s duties in this regard, read

; When selling a property that had been flooded, the seller’s broker must ensure that all this information is included in the OACIQ form If you have any questions, read the article entitled 

The reason is simple: it is a great tool to help licence holders meet their duty to verify and learn, in accordance with generally accepted...to the public and to other brokers.... In any case, this does not release the broker from his duty to verify, and he should remain particularly vigilant.

The buyer's broker who receives information from the seller or the seller's broker must pass it on to his client....   Inform the seller of the broker's duty to inform all parties to a transaction of any adverse factors2<... Notify his broker (or the buyer’s broker) if he obtains additional information on the immovable after signing the form or if changes must

The real estate broker's duties To protect the interests of all parties to the transaction, the real estate brokerage professional... In order to carry out his ethical obligations, particularly his duty to advise, inform and disclose, the broker must “take steps, in accordance... If the seller refuses to allow the broker to disclose this fact, the broker must refuse to list or to continue to list the property, and must

He must tell you: that he has the duty to inform every buyer about the pyrite, even if the property does not seem to be affected; Whether he is the seller’s broker or the buyer’s broker, the broker involved in the transaction must: inform the buyer...duty to disclose this information to any potential buyer; recommend to the buyer that he ask the seller for authorization to have an expertise

Duty to supervise of the agency and its executive officer The holder of an agency licence and the agency’s executive officer are responsible...In addition, they must implement internal control mechanisms to ensure that the agency's brokers comply with these policies and procedures....This can, for example, take the form of (random or risk-based) reviews on various social networks, newspapers, brokers' personal websites, etc.

His duty to inform is to disclose any factors that could affect a prospective buyer.... The seller's broker must, as part of his duty to verify, check previous description sheets and the Seller's Declarations forms available...Here are some crucial elements that can guide brokers in their verifications.

“Despite today’s booming real estate market and the pressure to quickly conclude transactions that may arise therefrom, brokers must ensure...that they comply with their ethical duty to advise and inform their clients under all circumstances to protect them.... As part of his duty to advise and inform, the real estate broker must inform the client of the consequences of waiving the legal warranty.

Remember that it is your duty to inform the FARCIQ of any actual or potential claim....A prudent broker will avoid placing himself in a situation of illegal practice....Keep in mind, however, that distance can present certain challenges to the broker’s ability to carry out his duties and obligations properly.

Here are the rules of conduct which the OACIQ is responsible... Clear rules A broker must always act in the client’s best interest....Among other things, he must ensure that brokers follow clear rules when using social media. Do you have any questions?

Thus he may not provide privileged information to a broker who works for the same agency, team or banner, unless of course this broker also represents...On the commercial side All brokers have a duty to collaborate.... He must also comply with his collaboration duty toward all other licence holder, while make sure that no confidential, strategic and sensitive

Your broker’s role First of all, remember that if you sign a brokerage contract to purchase with your broker, you may either pay... In addition to his duties during any purchase transaction, if the seller is not represented by a broker, your broker must in particular: ...Is your former broker entitled to his compensation?

Abiding by the Act respecting Tourist Accommodation Establishments The real estate broker's licence is no longer required for leasing...Considering their duty to verify, inform and advise, these brokers would be well-advised to know the ins and outs of the Act respecting Tourist Accommodation

The representation duty of the buyer’s broker includes presenting a promise to purchase himself, whether in person, by phone or by videoconference...For his part, the seller’s broker can ask questions of the buyer’s broker in order to obtain answers, explanations and clarifications on the promise to...fulfilling his duty to represent, protect and defend the interests of his client.

To help consumers who enlist the services of a real estate broker gain a better understanding of each step of their transaction through which they will...be guided by their broker, the OACIQ today unveils the all-new version of the

Of all specific statutes, those dealing with property transfers1 are most likely to have an impact on a broker’s real estate transactions....city collects a transfer duty....Therefore, before talking to the client about the transfer duties for a given transaction, the broker must verify the information on the municipality’s