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A compulsory document under the Law to complete the preliminary contract for those residential projects governed by the “Règlement sur le plan de garantie des bâtiments résidentiels neufs” (Regulation respecting the Guarantee Plan for New Residential Buildings), being those comprising four private residential portions superimposed or less. The contract of guarantee describes the details of the protections offered, the claim’s procedure, and the recourses available in case of a problem with a contractor.
04/12/2023
When the sale concerns a fraction of a divided co-ownership of a residential immovable, the preliminary contract must be accompanied, at the time of its signature, by certain documents (such as forming with it an indivisible whole). This includes the information note on the essential characteristics of the project, whether…...
04/12/2023
The Guarantee Plan for New Residential Buildings differs from the private guarantee plans offered on the market by the nature of the guarantees offered and the mechanisms for asserting its rights. In this regard, the terms and conditions are set out in the the Regulation respecting the guarantee plan for new…...