Definition : Net area

Measure of the surface area of a private portion shown on the cadastral plan and reported in the certificate of location. It is established by the land surveyor when the cadastral plan of the immovable is drawn up. This area corresponds to the built up floor area, after deducting the areas occupied by the common portions that surround, pass trough or are located in the private portion, such as :

 WHAT YOU SHOULD KNOW! The Organisme d'autoréglementation du courtage immobilier (Québec Real Estate Brokerage Self-Regulating Agency) has prepared a newsletter on this subject.

 WARNING! When reselling a private portion, the area recorded in the listing prepared by the real estate broker must be that appearing on the cadastral plan (i.e. the net area) and not that originally mentioned on the architectural plans (i.e. the gross area).

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The Law grants to purchasers the right of obtaining the most truthful and complete information possible on the nature and exact characteristics of the property being sold. This obligation encompasses all the critical and relevant information concerning the immovable and the co-ownership. The information to be provided shall cover the private portion and the common portions of the building. You should act with the utmost care to ask for and obtain the required information to allow you to avoid disputes with your vendor (developer or builder).
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The vendor has the obligation to reveal the exact superficial area of its private portion. The superficial area/price ratio is an important criteria for many buyers. It has a major influence on their decision to purchase Off plan sale The calculation of the superficial area of an apartment may lead to a conflict if,  in an off plan sale, the gross area shown on the architectural plan is the information used for the transaction. Thus, you should insist that the developer supplies a detailed plan of the apartment to be built, along with the method used to determine the superficial areas.
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