Under the Real Estate Brokerage Act, the subscription to the Professional Liability Insurance Fund (FARCIQ) is mandatory for all OACIQ license holders.
The insurance policy offers protection in case of unintentional fault, error or omission committed by real estate brokers or agencies in the performance of their professional activities.
To check the validity of a broker’s license or to learn more about the duties and obligations of real estate brokers and agencies, visit the OACIQ’s website.