FULL QUESTIONS AND SOLUTIONS VERIFIED
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◉ Professional Purpose 2. Answer: Rigorously conclude a real estate
transaction with a client.
◉ Competency 1. Answer: Acting ethically and responsibly in one's
brokerage practice, present in all frameworks as a mandatory
competency.
◉ Competency 2. Answer: Distinguishing the basic principles of
mortgage financing.
◉ Competency 3. Answer: Making use of general and special rules of
law in brokerage transactions.
◉ Competency 4. Answer: Assessing the quality and the various
building elements of an immovable.
◉ Competency 5. Answer: Estimating the market value of a
residential immovable.
,◉ Competency 6. Answer: Carrying out brokerage transactions
pertaining to the sale, purchase, leasing or exchange of a residential
immovable.
◉ Competency 7. Answer: Managing one's professional activities in
the field of real estate.
◉ Central Competency. Answer: Competency 1, referred to as a
central competency, is part of each of the other competencies in the
framework.
◉ Certification Examination. Answer: An examination session
evaluated consistently to assess the competencies identified in the
frameworks.
◉ Fair and Equitable Marking. Answer: Ensures fair and equitable
marking of the examinations according to predefined guidelines.
◉ OACIQ Website. Answer: The website where more information can
be found: www.oaciq.com/en.
◉ Examination Sessions. Answer: Sessions that are evaluated
consistently and are governed by strict rules for conduct.
, ◉ Professionalism and Ethics. Answer: The standards that apply to
every situation and action of a real estate broker.
◉ Forced-Choice Questions (FCQ). Answer: Questions designed to
evaluate competencies based on actual case-like situations.
◉ Open-Ended Short Answer Questions (OSAQ). Answer: Questions
that allow for more detailed responses to demonstrate knowledge
and skills.
◉ Competency 1. Answer: A specific competency evaluated during
the certification examination.
◉ Certification Examination. Answer: An assessment that evaluates
knowledge and skills required for real estate brokers.
◉ OACIQ. Answer: The organization responsible for regulating real
estate brokers in Quebec.
◉ Information Session. Answer: A free webinar provided by OACIQ
for future certification examination candidates.
◉ Synbad.com. Answer: An online platform used for accessing
training and resources related to OACIQ certification.