C-73.1, r. 2 - By-law of the Association des courtiers et agents immobiliers du Québec

Schedule Disposition versions

2012-09-01

SCHEDULE 7

(s. 113)

DECLARATION RELATED TO THE OPENING OF A SPECIAL TRUST ACCOUNT

To __________(name and address of financial institution)__________

I, the undersigned, ____________________, as a real estate broker or as the representative for the purposes of the Real Estate Brokerage Act (chapter C-73.1) of, ____________________, real estate broker, holding certificate number ____________________ and having its main establishment at ____________________, declare the following:

(1) I have received from ____________________ (name and address of depositor), in the course of real estate brokerage activities, the sum of $__________ in trust;

(2) that sum has been deposited into special trust account number ____________________, opened with your institution in the name of ____________________ in trust.

(3) the account is governed by the Real Estate Brokerage Act;

(4) interest on the sum on deposit in the account is the property of the depositor;

(5) in accordance with your registers, the persons whose names and signatures appear below are authorized to sign, on behalf of the real estate broker, any document related to current transactions in the account:

(name) (signature) ;

(name) (signature) ;

(6) the Association des courtiers et agents immobiliers du Québec is irrevocably authorized to request and obtain at all times from your institution any information, explanation or copy of a document necessary or useful for auditing purposes related to the account.

IN WITNESS WHEREOF, I have signed in ____________________ on this ____________________ day of ________________________, 20 _____.

____________________________________________________

Signature of real estate broker or representative

O.C. 1865-93, Sch. 7.