Definition : Residential unit

Private portion intended exclusively for residential use and occupancy by one or more persons. It generally comprises a room or a set of rooms, located, equipped and built such as to form a separate entity with its own amenities (e.g., kitchen, bathroom).

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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 enter into such a prior-contract with the buyer (which precedes the contract of sale itself). This contract formalizes the promise to sell and buy the property by the parties involved in a transaction. In particular, it sets the purchase price of the home, its delivery date and the date of the deed of sale, usually the day on which the buyer will be able to move in. A deposit will usually be required when he signs it.
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In divided co-ownership, the right of ownership is divided, among the co-owners, by "fractions", each comprising a materially divided private portion (e.g. a residential unit, a parking or storage space, and sometimes even a plot of land) and a share  of the common portions. To each fraction is attached an undivided right of ownership in the common portions, and sometimes the right to use the common portions for restricted use. The fraction is the result of the division of a building to create a co-ownership. In other words, the addition of all the fractions constitutes, by the effect of the publication of a declaration of co-ownership, the co-ownership building.
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