In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.
Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.
One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.
The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.
Need the form?
The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.
The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.
Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!
See our All about buying section.
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Owners’ comments
Automated translation
Original comments
This property consists of a business as well as a two-storey house. Excellent business opportunity to combine its main residence and business. The trade has two pieces that can be used for all your projects.
The house has 5 bedrooms, 2 bathrooms and a shower room. It is 30 x 38 feet in size. Thus available on site a large warehouse and garage as well as a solarium.
Come and meet us we are available to show you the advantages of this property.
Cette propriété regroupe un commerce ainsi qu'une maison deux étages. Excellente opportunité d'affaires pour combiner sa résidence principale et son commerce. Le commerce a deux pièces qui peuvent être utilisées pour tous vos projets.
La maison a 5 chambres, 2 salles de bain et une salle d'eau. Elle est de dimension 30 x 38 pieds. Ainsi disponible sur place un grand entrepôt et garage ainsi qu'un solarium.
Venez nous rencontrer nous sommes disponibles pour vous montrer les avantages de cette propriété.