Quebec Real Estate Licensing Exam Practice · Question
Mr. David Leclerc, a real estate broker, is preparing a Promise to Purchase for a multiplex in Montréal. The buyer wants to ensure no undisclosed hypothecs will affect the property upon acquisition. To diligently advise his client, what step should Mr. Leclerc recommend regarding verifying the seller's title?
While the DV form provides seller declarations, a notary's title search in the Quebec Land Register is essential to formally verify the seller's title and confi
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Question: Mr. David Leclerc, a real estate broker, is preparing a Promise to Purchase for a multiplex in Montréal. The buyer wants to ensure no undisclosed hypothecs will affect the property upon acquisition. To diligently advise his client, what step should Mr. Leclerc recommend regarding verifying the seller's title?
Answer options:
- Rely solely on the Declarations by the Seller (DV) form. ✅ Advise the buyer to have a notary perform a title search in the Quebec Land Register before the deed of sale.
- Contact the municipal assessment office for a certificate of taxes paid.
- Obtain a copy of the previous deed of sale from the seller.
Correct answer: Advise the buyer to have a notary perform a title search in the Quebec Land Register before the deed of sale.
Explanation: While the DV form provides seller declarations, a notary's title search in the Quebec Land Register is essential to formally verify the seller's title and confirm the absence of undisclosed hypothecs or other charges, ensuring clear title for the buyer, in accordance with the broker's duty of due diligence and Civil Code of Québec provisions regarding publication of rights.
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