Are you looking for a notary for a real estate transaction in Montreal? Would you care for a real estate transaction or a mortgage without headaches and in complete security?
Contact Me Leopold Lincà notary, specialist in real estate transaction to accompany you in a sale or purchase of a property.Contact us now!
You want to buy or sell a home in Montreal, Laval, North Shore, Longueuil, South Shore? You can pay your debts through a refinancing, register a mortgage on your property or regularize a problem with the neighborhood or between the co-owners. The notary ensures that each party involved in the mortgage transaction or real estate transaction are protected. It’s best to consult a notary before signing a promise of purchase.Our competent, dynamic experienced and proactive team assists its clients in any transaction, in a personalized manner.
Mtre Leopold Lincà notary in Montreal for real estate, notary in Laval 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 Laval, Montreal at an affordable price.
In most cases, it is the buyer who chooses the notary. If the buyers take out a mortgage to pay for their home or if they pay for it in full with their savings, usually the choice of the notary is theirs to make. An agreement can also be made between the parties. For example, the sellers might request his notary. If the buyers sign the promise to purchase this way, this means they accept the choice of a notary proposed by the sellers. But, very important: the notary is required by law to be impartial with each party to the transaction.
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.