Why a Certificate of Location?
The Quebec Professional Association of Real Estate Brokers (QPAREB) points out that when you sell your property, your real estate broker will ask you for an up-to-date certificate of location as required in the real estate brokerage forms
What is a certificate of location?
“The certificate of location is a document comprising a report and a plan stating the land surveyor's opinion on the current situation and state of a property.It provides an important up-to-date picture concerning ownership titles, the cadastre and the laws, regulations and by-laws which may affect it.(Source:L'Association professionnelle des notaires du Québec)
This document provides buyers with information not only on the physical characteristics of the property such as fences, a garage, a swimming pool, etc., but also on the various regulatory changes made to zoning (flood zone, ground movement, etc.) as well as any cadastral reform.
Good to Know
- The costs related to the certificate of location are generally the responsibility of the seller.However, in a promise to purchase, the buyer may request a new certificate of location.If it does not show any changes to the property, then the costs will be the responsibility of the buyer
- Allow between 4 and 6 weeks for a new certificate of location
For more information on the importance of an up-to-date certificate of location, click here.
If you have questions at any stage of the transaction process, your real estate broker is the best qualified professional to provide you with guidance and advice. Quebec has over 13,000 professional real estate brokers at your service.Find the right one for you at Centris.ca
See also:
- The Importance of Pre-Purchase Inspections
- Hidden Defects and the Legal Warranty of Quality
- Sales Without Legal Warranty: What You Need to Know