Doing business with a real estate agent means that you are protected by the law. The Real Estate Brokerage Act and various other organizations regulate the real estate agent profession so that consumers can expect fair and competent services. So, you know that you’ll be served by a highly qualified and well-trained professional.
Real Estate Brokerage Act
The main goal of the Real Estate Brokerage Act is to protect the public. To enforce this, the Act sets out specific rules relating to the brokerage contract for the sale of a house. They are similar to several of the regulations found in the Consumer Protection Act.
L’organisme d’autoréglementation du courtage immobiliers du Québec
Created by the Real Estate Brokerage Act, the OACIQ is mandated to protect the public by regulating the professional activities of all real estate agents and brokers. It is responsible for administering the exam that leads to the practice certificate and it ensures that its members carry out their activities in compliance with current laws and regulations. For more information, visit www.oaciq.com
Fonds d’indemnisation du courtage immobilier
Each agent contributes to the Quebec Real Estate broker’s Indemnity fund. The Fund has the authority to compensate a consumer in the event that a problem arises during a transaction whether it relates to fraud, a dishonest transaction or the misappropriation of funds or other property. For more information, go to www.indemnisation.org.
Professional Liability Insurance
Real estate brokers must hold professional liability insurance, which ensures that consumers have additional financial protection in cases of fault, error, negligence or omission. This insurance covers civil claims and civil proceedings.
Buying or selling a home is one of the biggest events in your life. I understand that and as your RE/MAX agent I work in your best interests to ensure it comes together quickly and under best circumstances. As your real estate agent I work in your best interest to make your dream comes true but whether you are buying or selling a property, certain unforeseen situations may occur. That’s why together with RE/MAX I offer you exclusive protection, called Tranquilli-T at no extra cost.
The Tranquilli-T program provides:
- Protection in case of delay or withdrawal by the buyer or seller
- Protection if the buyer or his/her spouse dies
- Legal assistance and protection
RE/MAX exclusive protection of the Tranquilli-T Program, guarantees your peace of mind!