78. Subject to section 39 of the Real Estate Brokerage Act (chapter C-73.1), the holder of a real estate broker’s or agent’s certificate shall, as soon as possible, submit to the prospective contracting party any transaction proposal that he receives. He shall do so through the holder of a real estate broker’s certificate other than an affiliated real estate broker’s certificate retained by the prospective contracting party to act as an intermediary, unless the certificate holder gives written authorization to the contrary.
Where the holder of a real estate broker’s or agent’s certificate receives more than one transaction proposal in writing, he shall submit each proposal without regard to the chronological order of receipt, the identity of the holder of a real estate broker’s or agent’s certificate that took the proposal, or the circumstances in which the proposal was taken.