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Cheque the payment of which is guaranteed by a financial institution carrying on business in Québec. By this means of payment, the beneficiary of the cheque is assured that the debtor's account concerned contains the sum of money and that the payment is guaranteed until he cashes it. The debtor is released by remitting to the creditor of a cheque made payable to the creditor.
01/03/2024
The co-ownership (condominium) gives rise to expenses relating to the maintenance of the common portions and the day-to-day administration of the syndicate. Administrative, maintenance, replacement, improvement or alteration expenses of the common portions are divided among the co-owners of the immovable. General common expenses are to be distinguished from particular common…...
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…...