We don't hear about Escrows in Montreal. Believe it or not, my fellow Real Estaters (I think I just created a new word) from other provinces and countries. The first time I heard, actually I didn’t hear it, I READ the word Escrow it was in a Condo Buyer’s Guide I picked up for my clients, and right next to the glossary description of escrow there was a note: Not applicable in … [Read more...]
Money Laundering laws (FINTRAC) and Real Estate Developers
December 16, 2008 By 2 Comments
Back in June this year, all Real Estate Agents had to learn and be in compliance with the Anti-Terrorist and Money Laundering laws. The new regulations came into effect on June 23, 2008, targeting all professionals in the "money industry", or those who deal with large cash transactions. The rules applies to accountants, notaries, casinos, financial institutions, life insurance companies, … [Read more...]
Renting in Québec: La Régie du logement
April 14, 2008 By
What is the Régie du logement ? Translated literally, and in the vernacular, La Régie du logement du Québec is the Quebec Rental Board. Here is a little definition excerpt to illustrate what the significance of it is: "The Régie du logement is a specialized tribunal that has competence in residential lease matters. Its mission consists in deciding the applications that have been submitted … [Read more...]
Montreal Cultural Properties Advantages & Obligations
February 25, 2008 By Leave a Comment
Montreal has the highest concentration of historic monuments in Canada and more than 40,000 buildings are protected under provincial or municipal legislation. These buildings represent an exceptional collective heritage that the city’s administration is dedicated to protecting and promoting in various ways. Photography: Caribb Owners of classified buildings that are recognized as … [Read more...]
Lets connect