Search results for: "co-ownership"
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Sale of an undivided co-ownership property: Attention to the right of the other co-owners
Sale of an undivided co-ownership property: Attention to the right of the other co-owners
You want to sell or buy a share of an immovable...held in undivided co-ownership?...
The indivision agreement
The indivision agreement specifies the mode of operation and management of the co-ownership
What you need to know before buying a co-ownership property
What you need to know before buying a co-ownership property
Co-ownership has many appeals, including affordable cost and reduced maintenance...of co-ownership, which defines the rules of common living and administration for the building?...The declaration of co-ownership contains three parts:
The constituting act of co-ownership (which sets out the division of powers between
Divided or undivided co-ownership: Do you know the difference?
Divided or undivided co-ownership: Do you know the difference?
Martyne would like to purchase her first co-ownership property....it held in divided or undivided co-ownership?...
In an undivided co-ownership, there is no syndicate of co-owners.
Bill 16: The OACIQ supports the efforts to regulate building inspection and divided co-ownership
These obligations concern both the new constructions and existing co-ownership properties....
The sound co-ownership property management is crucial....The competence of co-ownership property managers is a key driver in achieving this sector’s goals.
Co-ownership: Gross or net area: How to find your way through
Co-ownership
Gross or net area: How to find your way through
You notice differences between the area of your condominium in
New tool for an optimal real estate transaction: The DS – Divided co-ownership form
“A real estate transaction can be complex and buying or selling a co-ownership property has plenty of specifics....consommateur whose aim is also to ensure a better supervision of the co-ownership field....Declarations by the seller of the immovable - Divided co-ownership form
Bill 16: The OACIQ proposes to oversee co-ownership and set out guidelines for building inspection
PRESS RELEASE
FOR IMMEDIATE DISTRIBUTION
Bill 16: The OACIQ proposes to oversee co-ownership and set out...Therefore, the Organization would accept with honour and humility the responsibility for overseeing co-ownership property managers and certifying building...of co-ownership property managers, which is not currently the case.
Study of Bill 16: The OACIQ is excited about the government's openness to oversee co-ownership property managers
right;">PRESS RELEASE
FOR IMMEDIATE DISTRIBUTION
Study of Bill 16: The OACIQ is excited about the government's openness to oversee co-ownership...
As mentioned during a parliamentary committee last May, the OACIQ reiterates again the need to supervise co-ownership property managers...supervision of co-ownership property managers.
The OACIQ puts its expertise behind Bill 401 regulating divided co-ownership and building inspection
style="text-align: right;">PRESS RELEASE
FOR IMMEDIATE RELEASE
The OACIQ puts its expertise behind Bill 401 regulating divided co-ownership...The Organization also developed the form Declarations by the seller of the immovable – Divided co-ownership in order to further protect buyers...The OACIQ also takes an active part in the activities of a working group on co-ownership, and has been proactively accrediting various associations of
Press Release - A new tool for an optimal real estate transaction
“A real estate transaction can be complex and buying or selling a co-ownership property has plenty of specifics....
The OACIQ has been contributing for many years to various initiatives related to the tightening of co-ownership supervision....consommateur whose aim is also to ensure a better supervision of the co-ownership field.
The Promise to purchase
promise-purchase-residential-immovable.pdf" style="font-style: italic;" target="_blank">Chiefly residential immovable containing less than five dwellings excluding co-ownership..." style="font-style: italic;" target="_blank">Undivided co-ownership – Share of a chiefly residential immovable held in undivided co-ownership ..." style="font-style: italic;" target="_blank">Divided co-ownership – Fraction of a chiefly residential immovable held in divided co-ownership
The Exclusive brokerage contract – Sale
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Exclusive brokerage contract – Divided co-ownership...– Fraction of a chiefly residential immovable held in divided co-ownership; or
Press releases
">Bill 16: The OACIQ proposes to oversee co-ownership and set out guidelines for building inspection
co-ownership...-401-regulating-divided-co-ownership-and-building-inspection">The OACIQ puts its expertise behind Bill 401 regulating divided co-ownership and building
A report card on a property
DS form (for residential immovable or divided co-ownership) is mandatory for the sale of a chiefly residential immovable containing less than 5 dwellings by a natural person..., including an immovable held in divided or undivided co-ownership.
Real estate brokerage forms
" target="_blank">Exclusive brokerage contract – Divided co-ownership – Fraction of a chiefly residential immovable held in divided co-ownershipExclusive brokerage contract – Undivided co-ownership – Share of a chiefly residential immovable held in undivided co-ownershipPromise to purchase – Divided co-ownership – Fraction of a chiefly residential immovable held in divided co-ownership
How to use the mandatory form Declarations by the seller of the immovable
involving the sale, by a natural person, of a chiefly residential immovable containing less than 5 dwellings, including immovables held in undivided co-ownership... For any transaction involving a divided co-ownership, brokers must now use the Declaration by the seller of the immovable – Divided co-ownership...The Declarations by the seller of the immovable – Divided co-ownership form
The legal warranty of ownership and quality
Seller of the immovable form (or Declarations by the Seller of the immovable – Divided co-ownership form, if applicable) disclosing any factor that could affect the...">Declarations by the Seller of the immovable – Divided co-ownership form, if applicable).
Promise to purchase and financing of an immovable
(PP)
Promise to purchase – Divided co-ownership – Fraction of a chiefly residential immovable held in divided co-ownership (PPD...)
Promise to purchase – Undivided co-ownership – Share of a chiefly residential immovable held in undivided co-ownership (PPU) ...held in undivided co-ownership.
You receive a Promise to purchase
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Promise to purchase – Chiefly residential immovable containing less than five dwellings excluding co-ownership...– Share of a chiefly residential immovable held in undivided co-ownership
Broker’s duty to disclose: An added protection
The Declarations by the seller of the immovable form (or its version for divided co-ownership) is mandatory....A buyer wishes to make a Promise to purchase on one of the apartments held in co-ownership in that immovable....Once informed, his broker must inform him that, according to newspapers, some co-owners are part of organized crime.
Leasing
lease with the lessee;
recommending that the lessee read the by-laws of the immovable if the dwelling is located in a property held in divided co-ownership...
WHAT ABOUT CO-OWNERSHIP PROPERTIES? (CONDOS)
Condo leasing is becoming more and more common.
Existing inspection report: What is the proper procedure for the real estate broker?
For the sale of a residential immovable containing less than five dwellings including undivided co-ownership, any unfavourable factors must...For any transaction involving a divided co-ownership, brokers must now use the Declarations by the seller of the immovable – Divided co-ownership... form for a transaction involving a divided co-ownership.
Cannabis: What you need to know
Co-ownership by-laws
In order to properly inform his client, the broker must review the syndicate of co-owners...the form Declarations by the seller of the immovable or the form Declarations by the seller of the immovable – Divided co-ownership... in the case of a divided co-ownership property, and add any relevant details, as this is a factor that could have an impact on the buyer
Share purchase for exclusive use of a dwelling
was developed by real estate developers particularly to get around the restrictions associated with the conversion of rental properties into divided co-ownership...Holding shares with a right of use of an apartment can, in practice, present similarities with divided co-ownership (use of an apartment, agreement and...However, acquiring these shares should not be confused with purchasing an apartment held in co-ownership, and it is important for a buyer to understand
Ten actions taken by the OACIQ for public trust
real-estate-brokerage-forms">forms to better inform the parties involved, such as the introduction of a new Declarations by the seller of the immovable – Divided co-ownership...Regulators of Canada (RERC), an organization that brings together all Canadian regulators in the area of real estate brokerage, building inspection, and co-ownership
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