Services offered to condo builders and developers

The realization of a new condominium project involves several legal operations. Let us accompany you from the purchase of the desired land to the resale of the units to your clients.

If you need more information on this service, please contact us
514 374-4303

Notaire-Direct Inc.'s long-standing expertise has made it a leader in condominium law. Regardless of the size of the project, Notaire-Direct Inc. is able to offer a professional "turnkey" service to builders and developers of condominiums by accompanying them at every stage of their project.

The services offered by Notaire-Direct Inc. include, among others:

- Conducting a review of property titles on the building and making any necessary corrective deeds;

- Drafting the information notice required by law;

- Drafting an declaration of condominium tailored to the specificities of each project, whether it is a simple declaration of condominium, an initial declaration of condominium supplemented by concurrent declarations, or a phased declaration of condominium;

- Registering the condominium corporation;

- Creating necessary easements according to the project's specificities;

- Establishing the relative value of each condominium unit based on information provided by the developer and determining the amount of monthly common charges for each unit;

- Following up with the land surveyor in the preparation of the property survey certificate to establish the private areas, common areas, and restricted common areas according to the project's specificities;

- Establishing a schedule for all transactions with buyers and implementing a procedure for key handover;

- Establishing a fixed price for processing buyers' files;

- Drafting all project-specific document templates, including:

  • A standard sales contract;
  • Mortgage deeds and other documents required by the lender;
  • A detailed tracking sheet for each transaction;
  • The distribution memorandum and disbursement statements specific to each transaction.

- Collecting all necessary information from each buyer and preparing them for the transaction according to a predetermined correspondence method;

- Ensuring financing for each buyer by following up appropriately with their mortgage lender;

- Gathering all related documents necessary for each transaction, such as:

  • The condominium corporation's insurance policy for the building;
  • The buyer's liability insurance policy;
  • A title insurance policy, if required by the client or their lender;
  • The completion certificate for the work;
  • The new home warranty plan;
  • The GST/QST new home credit form;
  • The Hydro-Québec account transfer form;
  • A copy of the declaration(s) of condominium for the buyer's attention;
  • A copy of the property survey certificate for the buyer's attention.

- Meeting with each buyer to present the documents to be signed to complete the transaction;

- Collecting from each buyer a series of postdated checks to cover the current year's condominium fees;

- Registering all notarized deeds at the land registry;

- Holding funds in trust and coordinating a method to repay the seller's mortgage lender and deliver the final proceeds of each sale to the seller;

- Ensuring the discharge of any charges on the property;

- Making any necessary authentic copies of the notarized deeds and sending them to the parties involved and their lenders.

- Preparing for and convening an extraordinary general meeting of the condominium owners when the developer no longer holds the majority of votes at the general meeting of the condominium owners.

Do you have a condominium project? Make sure to obtain impeccable service by contacting the professionals at Notaire-Direct.

If you need more information on this service, please contact us
514 374-4303
Our partner