Patrick, a real estate broker, receives an accepted Promise to Purchase for a commercial property in Montréal from his client, the buyer. The seller's broker sends the accepted Promise to Patrick via email at 3:00 PM on Tuesday. When is the Promise to Purchase legally formed and binding?

Question: Patrick, a real estate broker, receives an accepted Promise to Purchase for a commercial property in Montréal from his client, the buyer. The seller's broker sends the accepted Promise to Patrick via email at 3:00 PM on Tuesday. When is the Promise to Purchase legally formed and binding?

Answer options:

• When the seller signs the Promise to Purchase.
• When the seller's broker sends the accepted Promise to the buyer's broker. ✅ When the buyer (Patrick's client) receives notification of the seller's acceptance.
• When the seller's broker receives confirmation that the buyer's broker has received the accepted Promise.

Correct answer: When the buyer (Patrick's client) receives notification of the seller's acceptance.

Explanation: According to Article 1387 of the Civil Code of Québec, a contract is formed when the offeror receives the acceptance. In this case, the buyer (offeror) must receive notification of the seller's acceptance.