La déclaration de copropriété : Si vous avez un condominium, il est important d’avoir une copie de la déclaration de copropriété et des règlements de l’immeuble. Dans la plupart des cas les promesses d’achat seront conditionnelles à la consultation de ces documents par l’acheteur. Les états financiers, le procès verbal de la dernière assemblée et la preuve du montant du … [Read more...]
Documents nécessaires pour la vente d’une copropriété
Filed Under: Articles en Français Tagged With: co-propriété, Sheila Iacono, vente
Undivided Co-ownership: Mortgage and Financing
If you are looking to buying into a Co-propriété with a 15% down payment, start looking else where. The minimum down payment is 20%, and depending on the bank financing it, could be even higher than that: 30 - 35%. These types of properties are NOT covered by the CMHC (Canadian Mortgage and Housing Corporation). While talking about financing, it's important to mention that many major lending … [Read more...]
Filed Under: Buying Real Estate Tagged With: co-propriété, condo trends, mortgage, undivided
What Undivided Co-ownership means
In your search for condos, you might have come across the term Co-propriété Indivise, or Undivided Co-ownership. In other provinces are referred to Co-op, but not here in Quebec. In this province, co-op means Housing Cooperatives; used for regulating housing fees and expenses, mostly rental properties. Since we are talking about purchasing real estate here, let's stick with the two … [Read more...]
Filed Under: Buying Real Estate Tagged With: co-propriété, condo trends, undivided
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