C-73.1, r. 2 - By-law of the Association des courtiers et agents immobiliers du Québec

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27. A real estate broker’s or agent’s certificate is valid for a 12-month period, from 1 January to 31 December.
The first paragraph does not apply to a certificate issued or renewed during the year, which may be valid for less than 12 months, from its date of issue or renewal to 31 December of the same year.
O.C. 1865-93, s. 27.