What is the role of the syndic in the OACIQ?

The role of the syndic within the OACIQ is primarily to investigate complaints filed against brokers and to impose disciplinary sanctions when necessary. This function is crucial because it ensures that brokers adhere to the professional standards and regulations set forth by the OACIQ. By addressing complaints, the syndic helps maintain the integrity of the real estate profession in Quebec, protecting both consumers and the public interest.

The investigative authority of the syndic involves conducting thorough inquiries into allegations of misconduct or violations of regulatory standards by brokers. When findings indicate that a broker has indeed breached these standards, the syndic has the power to impose sanctions, which can range from warnings to suspensions or expulsions from the profession.

This function is distinct from representation in legal matters, training program development, and financial management, which fall outside the scope of the syndic's responsibilities. It is essential for maintaining a professional and ethical real estate environment, as it holds brokers accountable for their actions and ensures the enforcement of the regulatory framework governing their conduct.