REAL ESTATE
THE PRELIMINARY CONTRACT
You have finally found the house of your dreams. You want to acquire it. How to do ? Above all, hasty gestures must be avoided. Before signing any purchase proposal, the greatest caution is advised.
READ MORE ABOUT THE PRELIMINARY CONTRACTBUYING AND SELLING A PROPERTY
BUYING OR SELLING REAL ESTATE IS NOT A DECISION THAT IS TAKEN LIGHTLY. THIS IS AN IMPORTANT ACT WITH FAR-REACHING CONSEQUENCES.
The most basic caution suggests seeking expert advice.
READ MORE ABOUT BUYING AND SELLING A PROPERTYTHE CO-OWNERSHIP
The divided co-ownership, its name suggests, allows a building to be divided into fractions. Each fraction belongs to one or more people. Each owner of a fraction has the exclusive property of a private part of the building in addition to holding an undivided property right, therefore a share corresponding to the relative value of his fraction, in the common parts of the building, which are the property of all the co-owners.
The texts come entirely from the brochures of the Chambre des notaires du Québec.