Definition : Legal hypothec of construction

A guarantee taken in the 30 days from the “completion of the work” by those persons having taken part in the construction or renovation of an immovable (the architect, engineer,  supplier of materials,  workman, and the contractor or subcontractor) allowing the latter to guarantee the payment of what is owed to them.

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29/05/2024

Title insurance and legal hypothecs

You move into your new condo. A few weeks later, a bailiff knocks on your door and serves upon you a notice of preservation of a legal hypothec of construction. He also served all your neighbors. Reading this document, you learn that a dispute remains unresolved between the developer and…...

Insurance
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23/11/2023

Notary

The notary is a jurist with the task of public officer, who ascertains the free and informed consent of the parties. The notary also has the role of legal adviser. It therefore protects consent. The intervention of the notary is very important when purchasing an apartment in a divided co-ownership.…...

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03/12/2023

Legal hypothec of construction

When you buy in a newly built divided co-ownership, a portion of the fractions of the building (apartment, parking or storage space, etc.), or even all, can be the subject of a notice of legal hypothec of construction. The Civil Code of Quebec introduced this hypothec in order to protect…...

Purchase

11/09/2020

Webradio du 9 septembre 2020: L'hypothèque légale de la construction

Certains copropriétaires expérimentent l'hypothèque légale de la construction. Elle signifie qu'après avoir acheté l'appartement convoité, ils devront assumer les honoraires des sous-traitants que le constructeur n'a pas payé....

Purchase

23/09/2019

Les hypothèques légales de la construction ont augmenté en 2018

23 septembre 2019 — Les avis d’hypothèque légale de la construction ont enregistré une hausse de 9 % en 2018. Cette augmentation serait surtout attribuable à une forte activité dans le secteur de la construction. Selon les données de la SCHL, il y avait 10 % plus de propriétés résidentielles…...

Work