1. In this Act, unless the context otherwise requires, the expression:(a) “real estate broker” or “broker” means any person who carries out a real estate transaction for another and for remuneration;
(b) “real estate agent” means any natural person who, as an employee or a person authorized to act on behalf of a broker or a registered builder contemplated in section 3, carries out a real estate transaction;
(c) “real estate transaction” means the purchase, sale, promise of purchase or sale of an immovable, the purchase or sale of such promise, the exchange or rental of an immovable, the bulk sale of a stock in trade, a loan secured by the hypothecation of an immovable, excluding any act respecting a security within the meaning of the Securities Act (chapter V-1.1);
(d) “remuneration” includes a commission or any direct or indirect benefit, any promise of or intention to obtain a remuneration;
(e) “permit” means a broker’s or real estate agent’s permit issued under this Act;
(f) “registered” indicates a person holding a registration certificate issued under this Act;
(g) “regulations” means the regulations made under the provisions of this Act;
(h) “Superintendent” means the Superintendent of Real Estate Brokerage.