Le 2013-06-13 11:30, scott a écrit :
>> In my area, most seller agents will ask that the seller get all the
>> paperwork for the land in order ahead of time, since they know it's a de
>> facto requirement for the sale to take place (you can get the sale
>> annuled if you realize afterwards that the city was about to dezone your
>> land to make an interstate offramp on it).  Likewise, most buyer's agent
>> will ask that their clients get "preapproved" by their bank for a
>> certain amount, mostly so that they don't waste their time looking for
>> houses only to see the prospective buyer get rejected by the bank at the
>> last minute.
>
> Here in the UK the pre-approval from the bank is about the only thing
> done before the initial handshake. Most people don't even have a
> solicitor sorted until after a price has been agreed.
>
>> The only things that need to happen between the first handshake and the
>> key exchange (sorry for sounding like an IETF RFC) are a building
>> inspection (3-5 days), finalising the preapproved mortgage at the bank
>> (2-3 days) and going in front of a notary to sign the legal papers.
>
> Oh if only it were that easy here :-) In theory all that needs to happen
> in addition to what you mention is a series of searches on the property
> (drainage/flood, environment etc), a few documents regarding exactly
> what is and is not included in the sale and setting up insurance. In
> practise even modern houses often have problems, things like services
> being rerouted by house builders and not properly documented,
> building/electrical work having been recently done without the proper
> certificates etc.
>

Of course, if the building inspection goes south, it can take more than 
3-5 days.

Also, in most of my provinces the land was government-owned forests 
until the first half of the 20th century, so the paperwork is not that 
complicated, unlike in Britain where you might have to go literally 1000 
years back to find the right owners, and that is if the record haven't 
burned or flooded.

This being said, my sister recently bought a lot that was owned by my 
grandmother and the official documents said that the lot was bounded on 
the north-east corner by a big pine tree (gone), on the north-west 
corner by a "big" rock (which was probably removed 30-40 years ago when 
they widened the road), etc...  So she had lots of fun getting surveyors 
find the exact corners of her property.

>> parties has other conditions attached (ex: buyer needs to sell his
>> exisisting property, seller's new house needs to be finished, etc...)
>> this can take much longer.
>
> In the UK most people need to sell and buy at the same time (literally,
> normally noon on the day of the move). If you're selling without needing
> to buy another house then you are in a very good position and it's worth
> a few thousand on the asking price.
>
>> Luckily, in my province, by default rent leases last for 12 months and
>> go from July 1st to June 30th of the following year, unless otherwise
>> specified, so July 1st is traditionnally "moving day"*.  Even if you are
>> moving from a house that you own to another house that you buy, someone,
>> somewhere in that chain is an old person moving into an appartment, or a
>> young couple moving out of an appartment.
>
> Ouch - I assume you have a massive rush to get ready for a move by July
> 1st then, if you miss it for whatever technicality then bad luck, you
> have to wait 12 months :-) Being involved with house purchases (estate
> agents, solicitors, removal companies) must be quite a seasonal business
> there...
>

Actually, if you can pick another day, you should.  Movers are a lot 
cheaper.

You can also get leases that go for longer or shorter periods, but by 
default they last for 1 year.  And you do end up with nast scenarios of 
people stranded on the sidewalk with all their belongings because they 
had to leave their old place to let the new people in, but their new 
place is not ready yet, or the truck maver made it, etc...

http://en.wikipedia.org/wiki/Moving_Day_%28Quebec%29

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