Quebec Real Estate Licensing Exam Practice · Question
Mr. Dubois is selling his plex in Laval. He informs his broker, Ms. Chen, that the roof had significant damage during a storm three years ago, leading to water infiltration, but was fully repaired. When completing the 'Declarations by the Seller of the Immovable' (DV) form, what is Ms. Chen's professional obligation regarding this information?
A real estate broker must advise and inform parties; this includes ensuring the seller completes the DV form accurately and fully discloses any known defects, e
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Question: Mr. Dubois is selling his plex in Laval. He informs his broker, Ms. Chen, that the roof had significant damage during a storm three years ago, leading to water infiltration, but was fully repaired. When completing the 'Declarations by the Seller of the Immovable' (DV) form, what is Ms. Chen's professional obligation regarding this information?
Answer options: ✅ Ms. Chen must ensure that Mr. Dubois accurately declares the past water infiltration and repair, providing details such as the date and nature of repairs on the DV form.
- Ms. Chen should advise Mr. Dubois that since the repair was completed three years ago and no current issues exist, it is not mandatory to disclose on the DV form.
- Ms. Chen must recommend Mr. Dubois avoid disclosing the past damage to prevent scaring off potential buyers, as it has been resolved.
- Ms. Chen should verify the details of the repair herself and then update the DV form without Mr. Dubois's direct input on that specific section.
Correct answer: Ms. Chen must ensure that Mr. Dubois accurately declares the past water infiltration and repair, providing details such as the date and nature of repairs on the DV form.
Explanation: A real estate broker must advise and inform parties; this includes ensuring the seller completes the DV form accurately and fully discloses any known defects, even if repaired, that could affect a prudent buyer's decision, as per Article 10 of the Regulation respecting brokerage requirements, professional ethics of brokers and the advertising of services. Failure to disclose such information could expose the seller (and potentially the broker) to future legal recourse.
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