3. A real estate broker’s licence restricted to residential brokerage authorizes its holder to act as an intermediary for the purchase, sale or exchange of
(1) part or all of a chiefly residential immovable comprising less than 5 dwellings, or a vacant residential lot; and
(2) a fraction of a residential immovable that is the subject of an agreement or declaration under articles 1009 to 1109 of the Civil Code.
The licence allows the holder to act as an intermediary for the leasing of a dwelling, regardless of the number of dwellings in the immovable.
The licence also authorizes its holder to give a client the name and contact information of a person or partnership offering loans secured by immovable hypothec or to otherwise put them in contact with one another.
O.C. 295-2010, s. 3; O.C. 937-2013, s. 3.