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C-73.2, r. 7 - Regulation to enact transitional measures for the application of the Real Estate Brokerage Act
Section 4
Disposition versions
4. A natural person who, not more than 2 years after the expiry or relinquishment of the person’s real estate agent or broker’s certificate issued in accordance with the Real Estate Brokerage Act (chapter C-73.1), files for a real estate broker’s licence is exempt from the obligation to meet the conditions set out in paragraphs 2 and 4 of section 1 of the Regulation respecting the issue of broker’s and agency licences (chapter C-73.2, r. 3) if the person has taken all additional training imposed to holders of real estate broker’s licences by the Organization since 1 May 2010.
Despite the first paragraph, the person who held an affiliated real estate agent’s certificate may act on his or her account only when the person meets the qualification requirements imposed by the Organization.
