SELLER’S EXPENSES

  • Penalty for cancelling a mortgage
    • If applicable
  • Discharge of mortgage or loan
    • By the acting notary
  • Update of the Surveyor’s certificate of location
    • If necessary
  • School taxes
    • Adjustment from July 1 to June 30
  • Municipal taxes
    • Adjustment from January 1 to December 31
  • Co-ownership fees
    • Adjustment if applicable
  • Compensation to the real estate brokers

Please note that the funds yield by the sale of the property will only be released once the title transfers are registered with the Land Register of Quebec by the acting notary. Please allow 2 (two) to 4 (four) days depending on the period of the year.