Definition : Preliminary contract (promise to purchase)

A prior-contract by which the builder of an immovable or a developer undertakes to sell to a natural person, who acquires it to occupy it himself, a dwelling immovable, built or to be build. It provides the price and the terms and conditions governing the sale and includes, under pain of nullity, obligatory clauses.

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01/01/2024

Capsule vidéo avec Yves Joli-Coeur : L'inspection préachat

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…...

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13/12/2010

Suspensive conditions

For the promising buyer, the offer to purchase is a way to reserve a property on conditions that he sets himself. When signing an offer to purchase, it may be that certain aspects surrounding the sale are beyond its control. This will happen, for example, if they have to sell…...

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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.…...

Purchase

06/06/2015

Offer to purchase

  After months of searching, you have found an apartment completely renovated and decorated with great taste. Finally, you will buy the property of your dreams with training room, roof terrace, swimming pool and indoor parking. You certainly know that making the leap can be both an exciting and complex…...

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05/06/2015

Preliminary contract

After reaching an agreement on the conditions of sale with a builder or developer, you will be asked to sign a preliminary contract.It is compulsory only in the case of the sale of a dwelling to be occupied by a natural person, It is not compulsory for a sale to…...

Purchase
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04/12/2023

Documents to be annexed to the preliminary contract

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…...

Purchase
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04/12/2023

Guarantee plan for new residential buildings

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…...

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04/12/2023

Right to cancel the preliminary contract

Real estate developers who are not the holders of the appropriate license for the construction of the Régie du Bâtiment du Québec may have a legal existence, be listed in the yellow pages and advertise in newspapers or on the Web. However, before signing a preliminary contract for the purchase…...

Purchase
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11/11/2023

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?...

Purchase

04/06/2022

Projet de loi 96 et langue française : nouvelles obligations en matière de copropriété divise

4 juin 2022 — Le projet de loi 96 (Loi sur la langue officielle et commune du Québec, le français) a été adopté le 24 mai dernier par l’Assemblée nationale du Québec (Vote : Pour 79, Contre 29, Abstention 0) et sanctionné le 1er juin 2022. Ce projet de loi…...

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01/06/2021

Webradio du 19 mai 2021: L'achat et la vente d'un condo

L'article 1068.1 du Code civil du Québec, issu du Projet de loi 16, obligera une plus grande transparence lors d'une transaction en copropriété. Le document d'attestation prévu dans cet article posera des questions pointues sur "l'état de la copropriété", afin que les acheteurs sortent du brouillard avant d'acquérir un appartement…...

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27/05/2021

Projet de loi 16: sept dispositions dans la mire du gouvernement

27 mai 2021 — La ministre des Affaires municipales et de l’Habitation (MAMH), Andrée Laforest, a récemment lancé une vaste consultation visant l’adoption de sept dispositions prévues dans le projet de loi 16. Celui-ci a été sanctionné en janvier 2020....

Purchase

09/08/2022

Misleading superficial area: what can you do?

 Most buyers attach great importance to an apartment area/price ratio. Therefore, before signing the deed of sale, take time to carefully measure the area of your unit. Discrepancies between what is shown on the plan provided at the signing of the preliminary contract, versus the actual area shown on the…...

Your Rights
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09/08/2022

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

  I plan to buy an on plan apartment. As I am intolerant to second-hand smoke from other units, acquiring a condo in a co-ownership in which my neighbors could be smokers is out of the question. Question: How can I get assurances from the developer, that smoking will be…...

Purchase

21/08/2015

Right of withdrawal (Resolution)

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…...

Purchase

21/08/2015

What is a preliminary contract ?

The sale of a residential immovable intended for a natural person who acquires it to live in it, whether it is built or to be built by a builder or developer, must be preceded by a preliminary contract.  Article 1785 of the Civil Code of Quebec obliges the builder to…...

Purchase

21/08/2015

What needs to be included in the preliminary contract?

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…...

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13/12/2010

Essential provisions

The offer to purchase is an important step in any real estate purchase. The Civil Code of Québec does not exhaustively specify the mandatory content ofan offer topurchase. However, the unequivocal will for the buyer to acquirethe property must be registered. Tobe valid, it must include a certain number of…...

Purchase

13/12/2010

Counter-offer(s)

In business as in real estate, negotiation is at the heart of any buyer's approach. Submitting an offer to purchase at a lower price than the one requested is a fair game. The promisor-buyer can thus send an offer to the seller indicating the proposed purchase price (less than the…...

Purchase

16/09/2010

The superficial area of the private portion

An obligation exists for the seller, namely that of announcing the exact size of the unit he is selling. Most buyers attach great importance to the area/price ratio of an apartment, as this is a data that will greatly influence the price offered or their decision to buy or not.…...

Purchase
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09/08/2022

Notary: who chooses him?

Question: Am I obliged to use the services of the notary appointed by the developer when I am the one who pays for it? What are the rules that apply in this area: who chooses the notary instrumenting the sale? Is it the seller? Is it the buyer? Do we…...

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