Quebec Real Estate Licensing Exam Practice · Question
After all conditions of a Promise to Purchase for a condo in Québec City have been met, what is the role of the buyer's real estate broker regarding the preparation and signing of the notarial deed of sale?
While the notary is responsible for drafting and authenticating the deed of sale, the broker's duty to advise and inform (Article 10 of the Regulation respectin
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Question: After all conditions of a Promise to Purchase for a condo in Québec City have been met, what is the role of the buyer's real estate broker regarding the preparation and signing of the notarial deed of sale?
Answer options: ✅ The broker ensures all necessary documents, including proof of satisfaction of conditions, are forwarded to the chosen notary and advises the buyer on the importance of various clauses in the deed and the selection of a notary.
- The broker prepares the initial draft of the notarial deed of sale for the buyer's review before it goes to the notary.
- The broker must accompany the buyer to the notary's office and act as a witness for the signing, even if not specifically requested.
- The broker's role concludes once all conditions are met, and the notary becomes solely responsible for the remaining steps.
Correct answer: The broker ensures all necessary documents, including proof of satisfaction of conditions, are forwarded to the chosen notary and advises the buyer on the importance of various clauses in the deed and the selection of a notary.
Explanation: While the notary is responsible for drafting and authenticating the deed of sale, the broker's duty to advise and inform (Article 10 of the Regulation respecting brokerage requirements, professional ethics of brokers and the advertising of services) extends to ensuring smooth communication with the notary and informing the client about the process and key elements of the deed.
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