Buyer's Guide

Essential information to know before purchasing a property.

What You Should Know About Buying a Home

The Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ) has prepared this guide to assist you at every step of the process of purchasing a property.

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What You Should Know About Buying a Home

Buying a Property, Step by Step

Are you ready to purchase a property? Whether it's your first buy or not, it's wise to be well-informed.

Before: How to Prepare Yourself

To effectively prepare for a purchase, it's crucial to first identify your needs. This will enable you to find a broker who can assist you in finding a property that fits your budget and aligns with your borrowing capacity.

Discover Step 1

During: You Are Interested in a Property

You are now ready for your broker to draft a purchase offer. By signing it, you commit to buying the seller's property at the price and under the conditions mentioned. The seller, in turn, commits to selling it to you, likely with certain reservations.

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After: Fulfill the Conditions

Once the purchase agreement is accepted, it is your responsibility to ensure that all the conditions stated therein are fulfilled, such as the pre-purchase inspection, the receipt of all documents related to the property, etc. Subsequently, the signing of the deed of sale will take place at the notary's office.

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