C-73.2, r. 2.1 - Regulation respecting contracts and forms

Section 17 Disposition versions

2012-09-01

17. A contract relating to an immovable referred to in section 23 of the Real Estate Brokerage Act (chapter C-73.2) must, in addition to the particulars specified in section 13 of this Regulation, include particulars specifying

(1)  that unless the date and time at which the contract expires are indicated, the contract expires 30 days after being signed;

(2)  that the data included in the contract may only be used in accordance with the terms and conditions prescribed in the contract or as provided for by the Regulation respecting brokerage requirements, professional conduct of brokers and advertising (chapter C-73.2, r. 1);

(3)  except in the case of a brokerage contract for a purchase, that the broker or agency is, if applicable, authorized to forward information concerning the immovable that is the object of the contract to a service that disseminates information to other brokers and agencies, and that the broker or agency is required to forward such information without delay to the information dissemination service;

(4)  if applicable, that any amount received as an advance on remuneration or disbursements will be paid without delay into the general trust account of the broker or agency and may not be withdrawn until the services have been provided or the disbursements have been incurred, and until the amounts have been invoiced or specified in writing and sent to or accepted by the co-contractant;

(5)  except in the case of a brokerage contract for a purchase, the conditions for the sharing of remuneration offered to a broker or agency that participates in the transaction, and the consequences of those conditions;

(6)  the text of section 28 of the Real Estate Brokerage Act, above the space provided for the signatures of the parties;

(7)  the rights and obligations provided for in Division IV of Chapter I of the Regulation respecting brokerage requirements, professional conduct of brokers and advertising and, if applicable, the way in which they are to be exercised;

(8)  any statement by the seller or lessor concerning the immovable that is relevant to the transaction.

O.C. 155-2012, s. 17.