No. Square Benny condos are sold directly by the developer.
Yes. In this case, you must apply all consumer sales taxes to the pre-tax price of the unit (13.95%).
The gross surface is calculated from mid-wall to mid-wall on the plan, before construction. Once the notarized sales deed has been signed, the net surface (floor area) will be established by an independent land surveyor following a visit to the condo to take measurements of the premises. Consequently, it will be impossible to provide the net floor area before construction of the unit has been completed. The buyer must expect a discrepancy between the gross surface and net surface, since different calculation methods are used, even though the same unit is involved.
In a condo project of this scope, it is easier and more efficient to work with the same notary. We deal with the firm of De Granpré Joli-Cœur. So no, you cannot use your own notary.
The notary’s office will ask you to come in and sign the deed of sale once the condo is ready for occupancy. This is the final step in the purchasing process. You will then leave the notary’s office, keys in hand, as the owner of your new condo.
A quota is the co-owner’s share of the co-ownership’s annual budget. Quotas are determined in function of the value of each unit, specifically its square footage and the location of its exclusive areas. For example, a better view, a yard, a private balcony, or a sunnier unit will increase a unit’s relative value. All the quotas combined equal 100; so the quota of one unit is the percentage that this unit must pay towards the co-ownership’s annual budget. The quota of each unit is indicated in the co-ownership declaration.




