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Great news:

The new Real Estate Brokerage Act comes into force on May 1, 2010
April 2010 • The real estate industry can rejoice: today, April 14, 2010, the government officially issued the order proclaiming the coming into force of the new Real Estate Brokerage Act and the seven regulations. The new Act and its regulations will become effective on May 1, 2010.

The seven regulations are titled as follows:
Regulation respecting the issue of broker's and agency licences
Regulation respecting records, books and registers, trust accounting and inspection of brokers and agencies
Regulation respecting the disciplinary proceedings of the Organisme d'autoréglementation du courtage immobilier du Québec
Regulation respecting the Real Estate Indemnity Fund and determination of the professional liability insurance premium
Regulation respecting the brokerage requirements, professional conduct of brokers and advertising
Regulation respecting contracts and forms
Regulation to enact transitional measures for the application of the Act

For more information, please contact the Info ACAIQ Information Centre at 450 462 9800 between 9:00 a.m. and 4:00 p.m. on Monday, Tuesday, Thursday and Friday, and between 10:00 a.m. and 4:00 p.m. on Wednesday. You may also reach the Centre by email info@acaiq.com, making sure to include your complete contact information so an information agent can call you back.
info@acaiq.com
We also encourage you to visit again the ACAIQ website to keep up to date on the new Real Estate brokerage Act and its implementation.

We have just completed the final step in a grand-scale project on which will benefit the entire profession.








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