- Notary : Notary
Definition : Notary
A professional , member of the “Chambre des notaires du Québec” (Québec Chamber of Notaries), that a person may consult to obtain legal advice. He is also a public officer. As such, the notary has without limitation the mission of executing deeds to which the parties wish or are required to endow with authenticity (such as a declaration of co-ownership).
L'Association professionnelle des courtiers immobiliers du Québec publiait en octobre 2021 des données indiquant une hausse significative du nombre de ventes de copropriétés (+ 13%) ainsi que du prix médian (+ 21%) par rapport à 2020 dans la province de Québec. Cette frénésie immobilière apportait ainsi son lot de défis pour les potentiels acheteurs de condo. Selon l’avocat émérite Yves Joli-Cœur, : « De tous les achats qu’on peut faire en immobilier, le condo est celui qui comporte le plus de risques. Il faut donc voir le processus d’acquisition comme de la gestion de risques ». Également, L’intervention du notaire est très importante pendant l’achat d’un appartement en copropriété divise, car la préparation de l’acte de vente destiné à une copropriété divise est très complexe. Alors, quels sont les judicieux conseils à savoir afin d’acquérir un condo sans embûches ?
When selling an apartment, we, as directors, frequently have to fill out and provide documents to notaries and real estate brokers. Obviously, we understand that the objective is to inform the future co-owner on a number of points relating to our co-ownership. Questions: We want to know:
If we are entitled to charge a fee to take care of these files?
If so, what is the amount considered reasonable?
Should we proceed by adding to the by-law of the building?
If so, can we proceed by a majority vote or simply by decision of the Board of Directors?
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The interpretation of a declaration of co-ownership during a general meeting of the co-owners is sometimes problematic. If, moreover, it has been published before the coming into force of the Civil Code of Québec, in 1994, things can get dicey.
In order to avoid potential conflicts between co-owners, caused by an outdated declaration of co-ownership, it is essential to have it rewritten, if it has been published before January 1, 1994. A professional with experience in co-ownership law is qualified to do so. It is better to invest in rewriting your declaration of co-ownership, rather than getting tangled in costly litigation, the result of which is sometime uncertain.
Co-ownership law underwent significant changes in 2018, 2019 and 2020. The adoption of Bills 141 and 16 significantly amended the Civil Code of Quebec with respect to divided co-ownership. The first allowed several amendments on insurance and co-ownership, while the second subjected the syndicates of co-owners to certain additional obligations, including those of keeping a maintenance book of the building and obtaining a study of the contingency fund establishing the sums necessary for this fund to be sufficient to pay for major repairs and the replacement of the common portions.
Notaire ayant toujours œuvré en pratique privée, Éric possède une vaste expérience en développement immobilier, financement et copropriété. Sa devise : « Puisque nous avons deux oreilles et seulement une bouche, je privilégie une bonne écoute avant de prendre la parole ». Les traits de personnalité qui le définissent le mieux sont sa rigueur professionnelle et son sens pratique. Son principal objectif est de permettre à chaque projet de se réaliser dans les meilleures conditions possible. Pour y arriver, il conjugue les outils à sa disposition et les divers enjeux de ses clients avec les différentes réalités inhérentes à leurs projets.
Building a condominium requires major investments on the part of a developer. This is the reason why a down payment will be required upon signing the preliminary contract for the desired condo unit. The Civil Code of Quebec provides that “any amount paid on the occasion of a promise of sale is presumed to be a deposit on account of the price, unless otherwise stipulated in the contract”.This down payment, which represents the first installment to the seller, varies according to the unit’s total price. Bill 16 introduced provisions to protect down payments made by residential buyers to developers and builders of divided co-ownerships.
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. A professional, he is a member of the “Chambre des notaires du Québec” (Québec Chamber of Notaries). In this capacity, the notary's mission is to receive, on behalf of his clients, the acts to which the parties must or want to have given the character of authenticity (such as a declaration of co-ownership). Even though it is preferable that he should get involved at the outset of a transaction, this legal adviser usually gets involved after the signing of the offer to purchase or of the preliminary contract.
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 both have to agree on a name?
Answer: Section 26 of the Notarial Act provides, in the absence of a specific agreement, that in the case of a sale of immovable, the choice of notary is made:
To the buyer, if he pays the sale price in full (cash or with a mortgage);
To the seller, if the buyer does not pay the sale price in full (leaving a balance due to the seller).
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Do you need the help of a legal professional in the Montreal area?
If this is the case, consult our list of professionals specialized in co-ownership.