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Method of payment obtained from a financial institution carrying on business in Québec that guarantees the funds after transferring the sums from the debtor's account to one of its own accounts. By this means of payment, the beneficiary of the bank draft is assured that the payment is guaranteed until he cashes it. A certified cheque cannot be cancelled once it has been delivered to the beneficiary.
21/10/2023
October 21, 2023- Buying or selling a condo requires a lot of planning. The dates of signing the transaction and taking possession are an integral part of it. Indeed, a delay in the scheduled date has logistical and monetary implications that can be significant for both buyers and sellers....
13/12/2010
At the time of concluding the offer to purchase, it is customary for the promising buyer to pay a deposit or security deposit of a variable amount. The amount thus paid will be deducted from the amount to be paid if the sale is concluded and will be remitted to…...