Real estate development project
From the purchase of the land to the sale of all your units, our experienced team will be with you every step of the way. Our role consists in facilitating communication between the various parties involved (land surveyor, architect, engineer, financial institution, etc.) and providing legal advice on the appropriate structure for your project.
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Co-ownership implies that several individuals, called co-owners, hold collective ownership of a building. Each co-owner owns a specific unit of the building. In addition to the parts owned individually, there are common areas. These areas are shared by all co-owners and may include spaces such as corridors, stairways, common areas, etc.
The creation of a co-ownership requires the drafting of a declaration of co-ownership, often drawn up by a Notary. This document defines the rules and rights of co-owners, specifies the distribution of charges and describes the private and common areas.
All co-owners form a syndicate of co-owners. This syndicate is responsible for managing and maintaining the common areas. It makes important decisions at general meetings attended by all co-owners.
Co-owners contribute financially to common expenses such as maintenance, repairs, insurance and building management. These expenses are generally divided between co-owners according to their unit size.
Co-owners meet regularly at general meetings to discuss ongoing business, make important decisions and elect the syndicate's board of directors.
A shared services agreement between two co-ownership projects is a legal agreement setting out the terms and conditions for collaboration and sharing of services between the separate co-ownerships. The specific nature of the services to be shared between the co-ownerships is clearly defined. This may include common infrastructure, management services or other aspects requiring collaboration.
À faciliter la communication entre les différents intervenants (arpenteur géomètre, architecte, ingénieur…) et à vous conseiller juridiquement sur la structure adaptée à votre projet.
À faciliter la communication entre les différents intervenants (arpenteur géomètre, architecte, ingénieur…) et à vous conseiller juridiquement sur la structure adaptée à votre projet.
A preliminary contract is also known as a promise to purchase. In the context of a real estate development project, it contains the details of the agreement between the seller and the buyer, including payment terms, schedules and general conditions. It's essential to understand the legal implications of the preliminary contract before committing yourself, and the presence of a Notary can help ensure a compliant real estate transaction.
À faciliter la communication entre les différents intervenants (arpenteur géomètre, architecte, ingénieur…) et à vous conseiller juridiquement sur la structure adaptée à votre projet.
