Mr. Antoine Lefebvre holds a real estate broker's licence. He is considering expanding his services to include mortgage financing. What category of licence would Mr. Lefebvre need to offer services in both real estate brokerage and mortgage brokerage?

Question: Mr. Antoine Lefebvre holds a real estate broker's licence. He is considering expanding his services to include mortgage financing. What category of licence would Mr. Lefebvre need to offer services in both real estate brokerage and mortgage brokerage?

Answer options:

• He would need two separate licences: a real estate broker licence and a mortgage broker licence, both issued by the OACIQ.
• He only needs his real estate broker licence, as mortgage brokerage is an ancillary service.
• He would need a 'multi-disciplinary' licence, which combines various brokerage activities under one permit. ✅ He would need a real estate broker's licence and be registered with the Autorité des marchés financiers (AMF) for mortgage activities.

Correct answer: He would need a real estate broker's licence and be registered with the Autorité des marchés financiers (AMF) for mortgage activities.

Explanation: Québec's regulatory framework distinguishes between real estate brokerage, regulated by the OACIQ, and mortgage brokerage, regulated by the AMF. A real estate broker cannot also act as a mortgage broker under the same OACIQ licence. Separate registration with the AMF is required for mortgage brokerage.