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.
Owners’ comments
Great 900 ft2 condo located in Le Faubourg Cousineau, the largest LEED commitment to Quebec. With buildings of such quality and all services nearby, you will invest in your future!
Close to schools, the Dix30 and Promenades St-Bruno, 12 minutes from downtown, public transport, green route, main roads, park and conservation area.
Family-friendly and safe environment for children
Features and inclusions:
- Kitchen cabinets to the ceiling
- Chimney hood and fixtures included
- Possibility of a ceramic shower/bath or a ceramic shower
- Service of a decorator for the choice of materials and colors
- Parking included
- Balcony 12X10
- Silver LEED certification
Development focused on health, comfort and the environment
Grants available under certain conditions
Contact us for more information and visit our website !