The Deed of Sale Notary Price is a crucial legal instrument in Canadian real estate transactions, particularly within Quebec's civil law system. This document is required whenever there is a transfer of real property ownership that needs notarial authentication, combining the elements of a traditional deed of sale with specific notarial requirements and detailed price provisions. It must be prepared and executed before a qualified notary public, who ensures all legal requirements are met and the interests of all parties are protected. The document includes comprehensive information about the property, parties involved, purchase price, payment terms, warranties, and various legal declarations. It serves as both a binding contract and an official record of the transaction, making it essential for property registration and title transfer purposes. The Deed of Sale Notary Price is particularly important in Quebec, where notarial deeds are mandatory for real estate transactions, but it may also be used in other Canadian jurisdictions where notarial authentication is desired for added security and legal certainty.
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1. Parties: Identification of the vendor and purchaser with full legal names, addresses, and capacities
2. Background: Context of the sale including property ownership history and basis for the transaction
3. Definitions: Key terms used throughout the deed defined for clarity and legal certainty
4. Property Description: Detailed legal description of the property including lot number, cadastral designation, and municipal address
5. Title Details: Information about the title, including registration details and any encumbrances
6. Purchase Price: Statement of the agreed purchase price and payment terms
7. Declarations of Vendor: Vendor's warranties and representations regarding the property
8. Declarations of Purchaser: Purchaser's acknowledgments and confirmations
9. Transfer of Ownership: Legal statement transferring title from vendor to purchaser
10. Adjustments and Additional Charges: Details of tax adjustments, utility charges, and other financial matters
11. Closing Provisions: Requirements and conditions for closing the transaction
12. Governing Law: Specification of applicable laws and jurisdiction
13. Execution: Formal execution clause and notarial attestation
1. Mortgage Assumptions: Required when purchaser is assuming existing mortgage
2. Rental Property Provisions: Required when property includes rental units with existing tenants
3. Construction Warranties: Included for new construction or recently completed properties
4. Environmental Declarations: Required when property has known environmental issues or concerns
5. Spousal Consent: Required when property is or was a family residence
6. Conditional Clauses: Included when sale is subject to specific conditions
7. GST/HST Declarations: Required for commercial properties or new residential properties
1. Schedule A - Property Details: Comprehensive property description including boundaries and improvements
2. Schedule B - Permitted Encumbrances: List of accepted encumbrances that will continue after sale
3. Schedule C - Included Fixtures and Chattels: Detailed list of items included in the sale
4. Schedule D - Title Search Results: Summary of title search findings
5. Schedule E - Property Inspection Report: Summary of property inspection findings if applicable
6. Schedule F - Environmental Reports: Environmental assessment results if applicable
7. Appendix 1 - Property Survey: Current survey or location certificate
8. Appendix 2 - Property Photos: Dated photographs of property condition at time of sale
Relevant legal definitions
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Relevant Industries
Real Estate
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Financial Services
Property Development
Construction
Banking
Insurance
Public Administration
Property Management
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Risk Management
Operations
Documentation
Finance
Administration
Investment
Relevant Roles
Notary Public
Real Estate Lawyer
Property Lawyer
Real Estate Agent
Real Estate Broker
Property Manager
Title Examiner
Legal Counsel
Conveyancer
Real Estate Transaction Coordinator
Property Developer
Mortgage Specialist
Real Estate Investment Manager
Legal Administrator
Compliance Officer
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