Did you know that Article 1068.2 of the Civil Code of Quebec, which came into effect in January 2020, states that anyone wishing to buy a condo has the right to request any document necessary to make an informed decision? But do you know which documents must be provided to a potential buyer? What information…
It was in August 2019 that our client first noticed a musty smell in the basement. The odor intensified to the point that she decided to have a microbial analysis conducted—specifically, an air test for mold. The results for the basement were unambiguous... Stay with us as our experts explain how they were able to…
The maintenance logbook is now a mandatory tool for all divided co-ownerships (condominiums) in Quebec. It serves as an essential reference to ensure the preservation of the building, to plan necessary work, and to protect the co-owners’ investments. But who exactly is subject to this requirement, and are there differences depending on the type of…
Everyone in Quebec knows that, since 2020, house prices have skyrocketed! Despite this, every month we still see listings of properties available at reasonable prices. Of course, most of these properties are either located in remote regions or are “perfect for handymen.” But what about abandoned houses? Is this a real phenomenon in Quebec—or even…
Did you know that the median selling price of a single-family home in Quebec was $277,000 in April 2014? Barely 10 years later, that average value has doubled, reaching $538,000. With this surge in the real estate market, it's no surprise that more and more first-time buyers are turning to mobile homes. Stay with us…
In a condo, building insurance is a major issue for protecting both the property and its co-owners. In the event of a loss, adequate coverage ensures that the building can be rebuilt without placing a heavy financial burden on residents. This is where the concept of insurable value becomes essential. Stay with us as we…
You're comfortably working from home when someone knocks on your door. Upon opening it, a man informs you that he represents an insulation or post-disaster company. He explains that he just completed an inspection at a neighbor’s house and discovered mold in their attic. Then, out of the goodness of his heart, he offers you…
Your nephew has just received his driver's license. Confident, he asks you to lend him your new $ 50 000 sports car for the weekend. Of course, you hesitate to give him the keys to your shiny new toy. Why? Simply because your nephew lacks the skills of a more experienced driver. So why are…
In the southern United States, where there's a lot of water in the ground, basements are rare. On the contrary, in the northern states and here in Canada, basements enjoy a well-deserved popularity due, among other things, to frost. But what about crawlspaces? What can they be used for? Stay with us as our experts…
MLI: these three little letters mean nothing to the vast majority of us, but in this article we're talking mainly to real estate investors, who know them well. If you're a real estate investor and don't know what the letters MLI stand for, or if you'd like to better understand how CMHC's MLI Select program…