Real Estate Law
Would you like to have a worry-free real estate transaction?
Are you looking for a notary for a real estate transaction? Mtre Leopold Lincà, expert in real estate law, notary in Montreal. Member of the Chamber of Notaries of Quebec. The notary will give you sound legal advice for real estate, helps you to buy or to sell a real estate property. Transaction, mortgage – transfer of ownership (town house, condo, duplex, triplex) in Montreal(Westmount), Laval, Longueuil, South Shore or North Shore at an affordable price. In most cases, it is the buyer who chooses the notary.for your purchase, the sale of a property or to obtain a subsidy from the city of Montreal – Montreal Home Ownership Program – Montreal Subvention. Do you want to buy or sell a house in Terrenonne, Blainville, Mirabel, Saint-Jean-sur-Richelieu, Trois-Rivières?
Do you want to pay your debts by means of a refinancing, write off a charge on your property or correct a neighborhood problem or between co-owners? Me Lincà notary will prepare all the documents necessary for the transfer of property and will ensure the validity of your title deed. The notary ensures that all identified problems are resolved before signing to protect your interests.
Mtre Lincà notary in real estate in Montreal can help you in all particular situations concerning your real estate transaction: sell or buy your property (single-family home, condo, duplex, triplex, land, chalet or an income property), mortgage refinancing, receipt respecting a legal framework adequate to avoid any inconvenience. Each transaction is different, the notary will advise you on the specifics of your transaction file. The notary is on hand to answer any questions you may need and advise you in your negotiations. He receives the necessary sums from the financing or the down payment paid by the buyer and deposits these sums in his trust account. Among the most recurrent and most sought-after notarial activities are those related to real estate law. Indeed, the right to property is regulated by authentic acts, drawn up with precision by notaries, these constituting the bond between citizens and financial institutions and even the state.
The deed of sale signed in the presence of the notary binds the parties and each ensures that the real estate transaction is carried out in complete safety. Call Mtre Lincà to your notary to ensure that any identified problem is resolved before signing to protect your interests without further delay. Your notary ensures that any problems identified are resolved before signing to protect your interest in buying or selling a property without worries. Come and discover our quality real estate transaction services at a competitive price!Contact us now!
Are you looking for a notary in Montreal for Montreal Home Ownership Program – Montreal Subvention?
Declaration of the owner – refund of the welcome tax.The main objective of the Municipal Property Acquisition Program is to help first purchasers of an eligible unit (whose eligibility criteria are determined by the City of Montreal) to become owners in the territory of the City of Montreal, and it addresses especially to the families who wish to settle on the territory of the City of Montreal who are buying their first property. The amount of the financial assistance will vary according to each file.
During the process of obtaining financial assistance, a notary is required, in order to receive, to write and to publish a deed in the Land Registry. In order to fully benefit from this financial assistance which is offered by the City of Montreal, you must respect the conditions set by the City of Montreal to become qualified and to commit yourself to be the owner for at least three years from the date of purchase. Contact us today!
The Montreal notary will analyze for you a lot of documents in this case:
- Purchase offer;
- The certificate of localization;
- The previous title deeds going back at least 30 years (title examination);
- The declaration of co-ownership (if condos);
- The statement of school taxes and municipal taxes;
- And more…
Your notary can also guide you through the conversion of an immovable to divided co-ownership as long as the apartments are all occupied by undivided joint owners. He will take care of all required procedures and all legal documents including the declaration of co-ownership. Since the conversion process is complex, consult your notary.
Deed of mortgage / deed of hypothec
We all dream of having our own home, but sometimes the financial situation does not allow us to fulfill this dream. At other times, there are certain unforeseen situations or the desire for change that push us to make decisions that inevitably have a financial component. Then, comes the idea of a mortgage loan.
But what exactly is a mortgage?
A mortgage is a relationship between the owner of a property and another party (usually a bank) acting as a creditor, that is, a lender. The debtor receives a certain amount of money and undertakes to reimburse it, guaranteeing the fulfillment of his obligation with his property. The property will therefore become hypothecated.
Any immovable hypothec is created in a notary deed in a minute. The notary draws up this document which includes the description of the hypothecated property, the rights and obligations of the parties involved and the amount of the mortgage.
In case the debtor does not comply with various conditions established regarding the property (for example, maintaining your insured property and so on) or doesn’t repay the regular payment and the balance at the end of his contract, the creditor may exercise all the hypothecary remedies provided for in the Civil Code of Quebec.
Mtre Leopold Lincà, notary in Montreal, will be pleased to explain the steps involved in obtaining a mortgage credit and to protect you in case of unexpected events.
Deed of sale
Once the promise of purchase is accepted, the notary makes sure that the conditions specified in the promise to purchase are respected. He prepares all documents for the transfer of the property and makes sure that all the papers are legally in order. He collects the necessary amounts from the financing or down payment made by the buyer and deposits this money in his trust account. Your notary makes sure that any identified problem is settled before the signature and protect your interests. In the end, the deed of sale signed in his presence binds the parties and assures them that the real estate transaction has taken place as it should.
What are the fees related to a home purchase
The disbursements are the transaction fees which are not part of the professional fees of the notary, they are expenses that are required to be paid by the buyer. The notary pays to the third parties, principally to the land registry for the research and registration of the acts.
Generally, the fee for a buyer is different between 1 000 $ and 1 700 $ and includes the notary fees and the disbursements, depending on the experience of the notary, the complexity of the case and the involvement of the parties.
The fee for sellers who need to release a discharge is different between 800 $ and 1100 $ to which includes the notary fees and the disbursements, depending on the experience of the notary, the complexity of the case, and involvement of the parties.
Montreal Notary fees In order to conclude a real estate transaction in Quebec. The buyer chooses the notary, and should expect to pay at least $1,200.
Don’t forget that a lot of other fees can also be charged in a real estate transaction: the fees of an appraiser, the fees of the mortgage broker, the fees of the real estate broker, the fees of the building inspector, the fees of the land surveyor, etc.
Maître Leopold Lincà, notary in Montreal, brings his expertise at your disposal by studying your particular case, advising you and presenting you favorable solutions.Note that you can benefit from quality notary services at reasonable prices.
Contact us now!
Our price is competitive, and you will benefit from a courteous, personalized service; you will pay the fees only according to your needs! We offer our notary real estate services at Montreal, Laval, Longueuil, North Shore, South Shore, Notary Rosemont–La Petite-Patrie, Saint-Laurent, Saint-Leonard, Verdun, Ville-Marie, Villeray–Saint-Michel–Parc-Extension, Notary Brossard, Montréal-Nord, Notary West Island, Notary Montreal Downtown, Notary Outremont, Pierrefonds-Roxboro, Rivière-des-Prairies–Pointe-aux-Trembles, Anjou, Notary Côte-des-Neiges, Notary Notre-Dame-de-Grâce, Notary Westmount Montreal, Notary Plateau-Mont-Royal, Lachine, Lasalle, Notary L’Île-Bizard–Sainte-Geneviève, Ile-des-Soeurs, Mercier–Hochelaga-Maisonneuve, Pointe-Claire, Notary Montreal East, Notary Montreal West and in the neighbouring areas, and we can travel in your service, at an affordable price
- Sales / loan contracts;
- Residential real estate;
- Real estate mortgage;
- Financing & Mortgage renewal;
- Home Ownership Program Montreal
- Montreal subvention;
- Declaration of co-ownership;
- Acquittance and release;
- Gift or exchange… and more.