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

Section 34 Disposition versions

2012-09-01

34. A real estate broker’s certificate, other than an affiliated real estate broker’s certificate, is cancelled by operation of law upon the occurrence of any of the following events:

(1)  where the certificate holder is a natural person, where he no longer has all the qualifications required under section 21 of the Regulation respecting the application of the Real Estate Brokerage Act (chapter C-73.1, r. 1);

(2)  where the certificate holder is a partnership, where it no longer fulfils all the conditions provided for in paragraphs 4 to 9 of section 10;

(3)  where the certificate holder is a legal person, where it no longer fulfils all the conditions provided for in paragraphs 4 to 9 of section 12;

(4)  where it is established that the certificate holder’s certificate was issued, renewed or reinstated under false pretences concerning the required qualifications in the case of a natural person or concerning the conditions provided for in paragraphs 4 to 9 of section 10 in the case of a partnership or in paragraphs 4 to 9 of section 12 in the case of a legal person;

(5)  where the certificate holder no longer has a place of business in Québec;

(6)  where the certificate holder is a natural person, when he dies;

(7)  where the holder of a chartered real estate broker’s certificate is a partnership, where it is considered dissolved for any of the reasons provided for by law;

(8)  where the holder of a chartered real estate broker’s certificate is a legal person, where it is considered wound up for any of the reasons provided for by law; or

(9)  in the case of the holder of a certificate for a real estate broker restricted to loans secured by immovable hypothec, where his certificate for a market intermediary in insurance, issued under the Act respecting market intermediaries, is cancelled.

O.C. 1865-93, s. 34.