Use of mandatory and recommended forms
Mandatory and recommended forms exist for transactions involving an immovable held in divided co-ownership.
Mandatory forms
- Exclusive brokerage contract – Divided co-ownership – Fraction of a chiefly residential immovable held in divided co-ownership
* This form is to be used when the brokerage contract is signed with a natural person. - Declarations by the seller of the immovable – Divided co-ownership
* This form must be used to complete the form Exclusive brokerage contract – Divided co-ownership. - Promise to purchase – Divided co-ownership – Fraction of a chiefly residential immovable held in co-ownership
* This form is to be used whether the buyer is a natural or a legal person.
Recommended forms
- Request for information to the syndicate of co-owners
Other forms must (when mandatory) or can (when recommended) be used for the purchase or sale of a divided co-ownership property, but are not limited to this type of transaction, including the following:
- Annex R – Residential Immovable
- Amendments
- Counter-proposal to a Promise to purchase
- Enhancements prior to acceptance
- Identity verification
- Annex G – General
Quick-reference guide
This quick reference guide lists the documents to be included in your divided co-ownership transaction records. This is not an exhaustive list and other documents may need to be included in the brokerage contract or transaction record, depending on the particulars of each brokerage transaction (RIS, DSD, certificate of location, etc.).
