Definition : Developer

A natural person or a legal person who contracts directly with a third party, to sell to the latter a building he has built, has caused to be built or has undertaken to build. Insofar as divided co-ownership is concerned, it is a person who, when the declaration of co-ownership is registered, owns at least half of all the  fractions and, in certain cases, includes his successors and assigns.

  WARNING ! Under the “Loi sur le bâtiment” (the Building Act), a developer is presumed to be a general contractor since he offers for sale or for exchange a building or a work of civil engineering. Thus, he must hold a license issued by the “Régie du bâtiment du Québec” (the Quebec construction Board).

 

which, at the time of registration of the declaration of co-ownership, is the owner of at least half of all theor its successors and assigns.

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