NEW 2025/2026 OACIQ ACTUAL EXAM WITH ALL
QUESTIONS AND DETAILED CORRECT ANSWERS
(EXPERT VERIFIED) FOR GUARANTEED PASS TOP-
RATED A+.
OACIQ
Prepare for your OACIQ Exam with this comprehensive study and
practice guide. It includes questions in key real estate concepts, laws,
and scenarios. Perfect for mastering the material and passing with
confidence.
1 ) Your client is in a conflict with the building Inspector ,
your client wants advice on how to file a complaint . ......
ANSWER ....... -Inspector is not a licensed broker ,
therefore FICI and FARCIQ cannot help
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
, 2|Page
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