C-73.2 - Real Estate Brokerage Act

Section 27 Disposition versions

2018-07-13

27. An agreement requiring a client, for a specified period after a contract expires, to remunerate a licence holder even if the purchase, sale, lease or exchange of an immovable occurs after the contract expires, is without effect.

However, the first paragraph does not apply if the agreement provides for the remuneration of the licence holder when

(1)  the contract is stipulated as exclusive;

(2)  the sale, lease or exchange involves a person who was interested in the immovable while the contract was in force or, in the case of a contract with a view to purchasing or leasing an immovable, the client purchased or leased an immovable in which the client became interested through the broker’s licence holder while the contract was in force; and

(3)  the transaction occurs not more than 180 days after the contract expiry date and, during that period, the client did not enter into a contract stipulated as exclusive with another licence holder for the purchase, sale, lease or exchange of the immovable.

2008, c. 9, s. 27; 2013, c. 18, s. 22; 2018, c. 23, s. 428.

2013-06-14

27. An agreement requiring a client, for a specified period after a contract expires, to remunerate a broker or an agency even if the purchase, sale, lease or exchange of an immovable occurs after the contract expires, is without effect.

However, the first paragraph does not apply if the agreement provides for the remuneration of the broker when

(1)  the contract is stipulated as exclusive;

(2)  the sale, lease or exchange involves a person who was interested in the immovable while the contract was in force or, in the case of a contract with a view to purchasing or leasing an immovable, the client purchased or leased an immovable in which the client became interested through the broker while the contract was in force; and

(3)  the transaction occurs not more than 180 days after the contract expiry date and, during that period, the client did not enter into a contract stipulated as exclusive with another broker or another agency for the purchase, sale, lease or exchange of the immovable.

2008, c. 9, s. 27; 2013, c. 18, s. 22.

2010-05-01

27. An agreement requiring a client, for a specified period after a contract expires, to remunerate a broker even if the purchase, sale, lease or exchange of an immovable occurs after the contract expires, is without effect.

However, the first paragraph does not apply if the agreement provides for the remuneration of the broker when

(1)  the contract is stipulated as exclusive;

(2)  the purchase, sale, lease or exchange involves a person who became interested in the immovable while the contract was in force; and

(3)  the transaction occurs not more than 180 days after the contract expiry date and, during that period, the client did not enter into a contract stipulated as exclusive with another broker for the purchase, sale, lease or exchange of the immovable.

2008, c. 9, s. 27.