Purchase

Questions & Answers

17 Articles

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Will my co-ownership be built for non-smokers ?

I am about to make a significant investment by purchasing an off plan apartment, but this decision must strictly meet specific requirements that directly impact my quality of life. Being highly intolerant to secondhand smoke, I cannot, under any circumstances, consider living in a condominium where smoke from neighboring units could infiltrate my space. The air I breathe must be clean and free of any nuisances, and a smoke-free environment is more than just a…...

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What is the origin and meaning of "condo"?

In our daily lives, it is common to hear or read expressions such as "buying a condo," "condo fees," or "living in a condo." These terms, though widely used, often raise questions about their origin and true meaning. They reflect a complex and structured reality that goes beyond the simple notion of housing. Even specialized websites, like Condolegal.com, use this word to address topics related to the management, purchase, and sale of co-ownership properties. Question:…...

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Selling your apartment: documents to provide

Question: I want to sell my apartment. I am aware that I must provide a number of documents to the real estate broker who takes care of the sale, to the buyer in the making whose offer I will have accepted and to the  notary who is in charge of drafting the official documents of the sale. Specifically, whatare the documents to be communicated to the buyer of a co-ownership?...

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Sale: Request for information on co-ownership

During the sale of an apartment, we, as directors, often have to complete and provide documents to notaries and real estate brokers. Clearly, we understand that the goal is to properly inform the prospective buyer about various aspects of their purchase. We also understand that this process aims to ensure transparency and facilitate the transition for new co-owners, thereby ensuring a good understanding of our co-ownership's specificities.     Questions: We seek to clarify the…...

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Quelles sont les modalités à respecter pour régulariser un empiètement dans les parties communes?

Nous avons découvert, par suite de la réalisation d’un certificat de localisation d’un appartement, qu’une partie importante de celui-ci déborde sur les parties communes. Selon le notaire, qui doit procéder à la vente de cet appartement, cela a pour conséquence de créer un vice de titres pour l’ensemble des copropriétaires de notre immeuble. Questions : Quels sont le processus et les modalités à respecter lorsqu'un copropriétaire désire faire régulariser cette problématique? ...

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Providing a copy of the deed of sale to the syndicate

I have just purchased an apartment in a co-ownership property and, as a new co-owner, I am discovering a world with its own rules and specific obligations. While reviewing the declaration of co-ownership, I had several questions about the administrative steps to take after the purchase. Among these, I wonder how the information related to the sale of my unit should be transmitted to the syndicate. Questions: Does the board of directors need a copy of…...

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Notary: who chooses him?

I am about to buy an apartment in a newly constituted co-ownership, and the developer insists that I use the notary they have designated, even though I am the one paying the fees. This is problematic for me because I would prefer to choose a notary of my own to ensure impartiality and protect my interests. Questions:  Am I obligated to use the services of the notary designated by the developer even though I am the…...

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Do I have a right to demand a certified copy of the declaration of co-ownership from the seller ?

Question:  At the time of the purchase of my condo, do I have a right to ask the seller for a certified true copy (authentic copy) of the Declaration of Co-Ownership?...

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Board of directors' obligations to a prospective buyer

As the president of the board of directors, I received a request from a real estate broker seeking full access to our contingency fund study and the building's maintenance log. This latter document compiles detailed information on maintenance procedures and work carried out in the building. These documents have never been fully shared with the co-owners, raising questions about transparency and access to information. Questions: What are our obligations towards the broker and the co-owners…...

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Deposit recovery: what are your options?

We find ourselves in a financially challenging situation and seek guidance. Two years ago, we made a 15% deposit for the purchase of an off-plan condo, which was scheduled for delivery this year. According to the terms of the contract, if we fail to meet our obligations, we will not be able to recover this amount. This sum represents a significant portion of our savings. Question: Given this situation, what steps can we take to…...

Purchase
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