OACIQ EXAM PREP 2026 QUESTIONS AND
ANSWERS TEST BANK GRADED A+
VERIFIED SOLUTIONS
●● 2 ) You receive a call from one of your clients who recently
purchased an Immovable with you , a week after moving in , the heat
pump stopped working and calls you to complain . As a broker , how do
you act responsibly ?.
Answer: -Call FARQIC and notify the director of your agency
●● 3 ) You receive a call from a potential client who wants to know the
net area of a condo before making an offer on the property . Which
documents should you consult ?.
Answer: -Cadastral Plan
●● 4 ) You are representing your mom , and are about to draft the PP ,
which form should you fill out first ?.
Answer: - Notice of disclosure ; to ensure it is known that you are
representing a family member
●● 5 ) You are a new broker who was given a list of random names and
phone numbers to start cold calling potential clients ( telephone
solicitation ) , as a broker , what are your first obligations in this
scenario ?.
, Answer: -Check / verify the National Do Not Call list , and update the
list .
●● 6 ) Your client contacts you and wants to purchase a condo . He owns
a cat which will be living with him and is also looking for an office . He
states that he dislikes financial surprises and wants to be aware of the
upcoming expenses . As an acting broker , which documents should you
verity ?.
Answer: -Declaration of co - ownership -By laws -Minutes of the
meetings -Budget forecast / financial statements
●● 7 ) You are visiting a detached single family Immovable with your
client . Your client wants to know if he could have a clothing line in the
backyard to leave his clothes to dry . As a broker you can tell your client
to contact ;.
Answer: -Urbanism
●● 8 ) Which benefit's from the home buyers plan are applicable ?.
Answer: -1st time home buyers
-Adults
-Canadian the age of 18 and over Residents ( not just Quebec , exam
might trick u and put Quebec , always choose Canadian ) -Purchaser w /
the intent to use as primary / principal residence ( need to live inside )
-Up to $ 35.000 per person
- Need to reimburse 35k over 15 years ( monthly )
ANSWERS TEST BANK GRADED A+
VERIFIED SOLUTIONS
●● 2 ) You receive a call from one of your clients who recently
purchased an Immovable with you , a week after moving in , the heat
pump stopped working and calls you to complain . As a broker , how do
you act responsibly ?.
Answer: -Call FARQIC and notify the director of your agency
●● 3 ) You receive a call from a potential client who wants to know the
net area of a condo before making an offer on the property . Which
documents should you consult ?.
Answer: -Cadastral Plan
●● 4 ) You are representing your mom , and are about to draft the PP ,
which form should you fill out first ?.
Answer: - Notice of disclosure ; to ensure it is known that you are
representing a family member
●● 5 ) You are a new broker who was given a list of random names and
phone numbers to start cold calling potential clients ( telephone
solicitation ) , as a broker , what are your first obligations in this
scenario ?.
, Answer: -Check / verify the National Do Not Call list , and update the
list .
●● 6 ) Your client contacts you and wants to purchase a condo . He owns
a cat which will be living with him and is also looking for an office . He
states that he dislikes financial surprises and wants to be aware of the
upcoming expenses . As an acting broker , which documents should you
verity ?.
Answer: -Declaration of co - ownership -By laws -Minutes of the
meetings -Budget forecast / financial statements
●● 7 ) You are visiting a detached single family Immovable with your
client . Your client wants to know if he could have a clothing line in the
backyard to leave his clothes to dry . As a broker you can tell your client
to contact ;.
Answer: -Urbanism
●● 8 ) Which benefit's from the home buyers plan are applicable ?.
Answer: -1st time home buyers
-Adults
-Canadian the age of 18 and over Residents ( not just Quebec , exam
might trick u and put Quebec , always choose Canadian ) -Purchaser w /
the intent to use as primary / principal residence ( need to live inside )
-Up to $ 35.000 per person
- Need to reimburse 35k over 15 years ( monthly )
