The law and you

A sale without warranty: an absolute protection against any remedies by the buyer?

Many believe that a seller selling their property without a legal warranty of quality will automatically be protected against any possibility of legal action by the buyer in the future,…

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Flips? Beware!

Real estate flips: watch out for flops! Particularly when you have done major renovations before reselling. The GST and QST may apply. In general, the sale of a used residential…

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Investing in residential real estate for short-term rentals? Be very careful!

If you purchase a used residential immovable (for example, a condo), which is not taxable, in order to rent solely for short-term rentals (for periods of less than 60 days),…

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The Construction Hypothec in Québec

This article outlines several basic key concepts of construction hypothecs. A contractor, sub-contractor, architect, engineer, or workman can, if they remain unpaid, publish a construction hypothec on the immovable on…

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Why a Shareholders Agreement?

When entrepreneurs ask us this question regarding the necessity and usefulness of a shareholders’ agreement, we ask them the following questions. What will happen if one of the shareholders dies?…

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What is real estate title insurance?

There are two types of title insurance policies: the owner’s policy (protecting owners of immovables) and the hypothecary creditor’s policy (protecting creditors with a hypothec on an immovable).* Essentially, the…

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Latent defects and the legal warranty of quality

Here are some important principles regarding latent defects. A defect is not automatically covered by the legal warranty of quality (the warranty). It must meet four conditions: it must be…

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