Buying a home
For most people, purchasing and financing a home is the biggest investment they’ll ever make. So you should choose your notary carefully, as he is the one who will make sure that all of the paperwork is completed correctly.
Selling a home
You have found a buyer for your home and want to settle the transaction as soon as possible. Be aware that there are a number of steps to take and documents to obtain before closing the deal. Your notary will inform you of your obligations as the seller and guide you in preparing the promise to purchase document, in order to avoid unpleasant surprises.
At some point, you may want to refinance or remortgage your home and use the equity available for future expenses or, perhaps, for a good investment. In order to do so, your notary will have to go through the same steps and carry out the same research as when you bought your home.
Undivided ownership agreement
You’re buying a building, but you worry because your partner is not investing as much as you in the project. Your notary has the expertise required to prepare a contract that will protect your investment and govern the terms of your undivided co-ownership.
Purchasing a condo
When it comes to buying a condo, it is important to thoroughly read the building rules set out in the declaration of co-ownership. Besides checking compliance with the declaration, your notary will analyze the financial soundness of the co-ownership and make sure that the contingency fund is sufficient so that you won’t run into unexpected costs.
When it comes to the assignment of property, whether the mortgage is being assumed or refinanced, your notary will make sure that both parties receive their fair share. Your notary can advise you on the best option based on your situation, as well as on the right steps to take.
Purchasing or leasing a commercial building
Buying a commercial building comes with its limitations. Your notary will support you every step of the way to ensure that your dream investment does not turn into a nightmare. A notary can even help you prepare leases for your future tenants.
Easements and user rights
In a sense, easements and user rights are exceptions to the rule. So it is important to consult your notary about such matters. For example, if you decide to give your neighbour right of way to your property or if your building is encroaching on your neighbour’s property, your notary will prepare the paperwork to ensure that you are not breaking any rules.