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Question 1

Amendments AM

Answer 1

Modification MO

Basement Water Damage Repair: The seller agrees to hire a professional to repair the basement’s water damage at their own expense. Repairs must be completed no later than 10 days before signing at the notary. A written notice confirming the repairs shall be provided. Failure to comply may result in further buyer remedies.

Bathroom Ceiling Water Damage Repair: The seller agrees to hire a professional to repair water damage in the bathroom ceiling at their expense. Repairs must be completed no later than 10 days before signing at the notary. A written notice confirming the completion of repairs shall be provided. Failure to comply may result in a price reduction for the buyer.

Inspection Report Review: Following a professional inspection and review of the inspection report, the seller shall address any required repairs or obligations as mutually agreed upon in the annex.

Question 2

Exclusive brokerage contract sale

EBCS

Answer 2

CCVE contract de courtage vente moins de 5

CCVDE - co propriété

Question 3

PP : PROMISE TO PURCHASE

Answer 3

PA: PROMESSE D’ACHAT moin 5

PAD :CONDO DIVISE

Question 4

Annex RC (renumeration and cost)

Open house , extra’s, photo

Answer 4

Annexe DR – Déboursés et rétribution(DR)

2.1 seller
2.2 oaciq the seller will pay for ad dans journal
2.2 oaciq question.
3. advance remuneration enough to pay your commission : mortgage balance should cover your commission

3 is the amoun plus tax

https://www.oaciq.com/uploads/ckeditor/attachments/345/annexe-dr-debourses-retribution.pdf

Annexe DR - Déboursés et rétribution (DR)

2.1 seller

Question 5

Annex RCOM - reduced compensation

Answer 5

Annex D - diminution de rétribution

Rcom ( reduced compensation )
annex D ( dimition de retribution)

2.1 you dont know who the buyer is read small print. ( not typical in exam)

2.2 exam!! Who the buyer is … BC what clause your amending 7.1!!!!

BC is the remuneration clause 7.1
30 days , write who the buyer is ……. Remember clause 7.1 !!!!
https://www.oaciq.com/uploads/ckeditor/attachments/364/annexe-d-diminution-retribution.pdf

Question 6

Annex R

Answer 6

Annex R: Same in both French and English.
* Conditional on the sale of the buyer’s immovable property becomes Conditionnel à la vente de l’immeuble du acheteur in French.

Question 7

Annex F ( AF)

Answer 7

Annex F (AF)

Question 8

EA - Enhancment prior acceptance

https://www.oaciq.com/en/pages/enhancing-a-promise-to-purchase-prior-to-acceptance

Answer 8

BO- bonification avant acceptation

Once the buyer has signed his promise to purchase, he may find it necessary to make changes in order to enhance his proposal to the seller. In other words, he wants to make his offer more attractive.

https://www.oaciq.com/en/pages/enhancing-a-promise-to-purchase-prior-to-acceptance

Question 9

Notice of disclosure

Answer 9

avis de divulgation

https://synbad.com/uploads/ckeditor/attachments/738/avis-divulgation-achat-vente-echange.pdf

Question 10

11. Bc

Clause 2.1 le présent contrat est no résiliable
paraphes vendeurs GL et CJ

“Le vendeur déclare que la propriété est vendue sans garantie légale.”

Answer 10

Clause 2.1 le présent contrat est no résiliable
paraphes vendeurs GL et CJ

“Le vendeur déclare que la propriété est vendue sans garantie légale.”