By continuing your navigation, you accept the use of cookies to have services and offers tailored to your interests.
To learn more view our Cookie Policy.
An amount paid by a promisor-purchaser to terminate a preliminary contract. When a preliminary contract provides for an indemnity in the case of the exercise of the right to withdraw, this indemnity may not exceed 0.5% of the agreed sale’s price.
01/01/2024
Dans cette capsule vidéo, Me Yves Joli-Coeur, avocat émérite, aborde un sujet essentiel pour tout acheteur de condo dans une copropriété existante : l’importance de l’inspection préachat. Selon lui, il est impératif de lier son offre d’achat à une inspection préachat. Cette démarche permet à l’acheteur de se retirer d’une…...
21/08/2015
The signing of the preliminary contract binds the parties involved, namely you and the developer or builder. However, the law gives you a short "reflection" period, during which you can still terminate the contract unilaterally, in certain cases and in return for compensation to be paid to the promoter. This being…...
21/08/2015
The preliminary contract is an important step in any purchase of new or a property to be built. At all times, the unequivocal will for the buyer to acquire the property must be registered. Although the Civil Code of Quebec specifies the mandatory content of a preliminary contract, the statements…...