1. For the purposes of this Act, a person who, for compensation and for others, engages in a brokerage transaction relating either to the purchase, sale, lease or exchange of immovable property, to promises to purchase or sell immovable property, to the purchase or sale of such promises, to a loan secured by immovable hypothec, to the purchase or sale of an enterprise, to promises of purchase or sale of an enterprise or to the purchase or sale of such promises, except a transaction involving a security within the meaning of the Securities Act (chapter V-1.1), is pursuing the activity of real estate broker.
1991, c. 37, s. 1; 1999, c. 40, s. 95.