Quebec Real Estate Licensing Exam Practice · Question
Regarding the 'Declarations by the Seller of the Immovable' (DV) form, when must the seller's real estate broker provide it to a potential buyer?
As per Article 10 of the Regulation respecting brokerage requirements, professional ethics of brokers and the advertising of services, a broker must provide the
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Question: Regarding the 'Declarations by the Seller of the Immovable' (DV) form, when must the seller's real estate broker provide it to a potential buyer?
Answer options: ✅ The broker must provide the DV form to the buyer before presenting any Promise to Purchase.
- The broker must provide the DV form to the buyer upon receipt of a signed Promise to Purchase.
- The broker must provide the DV form only if specifically requested by the buyer's broker.
- The broker must provide the DV form at the signing of the notarial deed of sale.
Correct answer: The broker must provide the DV form to the buyer before presenting any Promise to Purchase.
Explanation: As per Article 10 of the Regulation respecting brokerage requirements, professional ethics of brokers and the advertising of services, a broker must provide the DV form to any prospective buyer before presenting a Promise to Purchase to ensure the buyer is fully informed of the property's condition prior to making an offer.
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