Going to the notary is an important step in the process of buying a property. In this newsletter, you will find everything you need to know to be well prepared! Your real estate broker will also be able to accompany you throughout this process.
What is the role of the notary in a real estate transaction?
The notary plays a key role in a real estate transaction. In fact, it is mandatory to go to the notary for the signature of the mortgage contract. Once the promise to purchase has been signed, the notary will then begin the process of obtaining the title to the property.
What are the documents to prepare?
Your marital status;
Proof of homeowner’s insurance as of the date of possession of your future property.
What is the verification of the certificate of location?
The notary will also make sure that the title deeds are fully examined and that everything is in order regarding the certificate of location previously provided by the seller in order to validate several essential aspects: the dimensions of the land and/or the building, the compliance with the municipal zoning by-laws, the rights of way and servitudes, etc.
What is the drafting and publication of the deeds?
The notary will also draw up the mortgage deed and meet with the buyer to carry out the final official signatures. Finally, he will draw up the deed of sale according to what you have agreed with the seller in the offer to purchase.
If you have any other questions concerning the preparation of your meeting with the notary, do not hesitate to contact a broker of our team who will be able to accompany you and support you in this important step.