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OACIQ EXAM QUESTIONS AND ANSWERS

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OACIQ EXAM QUESTIONS AND ANSWERS

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OACIQ EXAM LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
1 ) Your client is in a conflict with the building Inspector , your client
wants advice on how to file a complaint . - ANSWERS--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 ? - ANSWERS--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 ? - ANSWERS--Cadastral Plan


4 ) You are representing your mom , and are about to draft the PP ,
which form should you fill out first ? - ANSWERS-- 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
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1

, OACIQ EXAM LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
solicitation ) , as a broker , what are your first obligations in this
scenario ? - ANSWERS--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 ? - ANSWERS--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 ; - ANSWERS--Urbanism


8 ) Which benefit's from the home buyers plan are applicable ? -
ANSWERS--1st time home buyers
-Adults



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