Optimize your real estate transaction with the location certificate
The location certificate is an essential document when buying or selling a property in Quebec. Established by a land surveyor, this document provides precise details about the property, such as the land, main building, and annexes. If you are looking to safely conclude a real estate transaction, then the location certificate is a crucial element to consider.
Decrypting the contents of the location certificate
When you consult a location certificate, you will find several crucial pieces of information. Firstly, you will see a plan of the property, specifying the exact measurements and boundaries of the land. This document will also include existing buildings on the land, with details about their location and dimensions. Additionally, it will mention easements, encroachments, rights of way, and other legal restrictions.
The notary's verification to ensure a legal transaction
At the notary’s office, the location certificate plays a crucial role in validating the real estate transaction. Your notary will ensure that the location certificate is up to date and that all the information included is compliant. By verifying the concordance between the property description and reality, the notary protects both the buyer and the seller. Thanks to this document, the legality of the transaction is guaranteed.
Peace of mind for all stakeholders in the real estate transaction
The location certificate allows the notary to ensure that the property complies with municipal, provincial, and federal regulations. Additionally, the notary will examine easements and other restrictions that could limit property rights. Overall, having a valid location certificate is often a prerequisite for selling a property, thus providing peace of mind to all stakeholders involved in the transaction.
Don’t miss the opportunity to enhance your knowledge about the location certificate!
If you are a homeowner selling your house and would like to learn more about the importance of the location certificate, fill out the form below to access our detailed blog article titled “The location certificate: its contents and importance.” Don’t miss this opportunity to maximize your chances of a successful sale. Fill out the form now!