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
* Saint-Basile-sur-le-Parc* Very beautiful residential land ready to build in the heart of the city of Saint-Basile.
Residential area, ideal to realize your building project.
Large flat land with areas ranging from 6300 ft2 and 10,000 ft2 to $ 6.75 per square foot.
Close to several attractions and amenities: Elementary school, water games, community center with recreation for all, grocery stores and pharmacies. The Saint-Basile Nature Center is located inside the urban core and easy to access for the whole family. New Activities: Fatbike, Mountain Bike Club etc.
Land for detached single-family one or two storey and two-storey semi-detached available.
Commercial development *Godin street*. Commercial land ready to build. Ideal for small warehouses and contractor offices. Various sizes available.
All lots are served by city services.
Get a grant equivalent to a one-year tax credit and the Basi-Liens program which grants you different privileges to local shops.
Come meet us at the municipal office or contact us by phone or email, we will be happy to assist you.
Visit our website for more details!