When the time comes to buy, transfer or refinance your building (your property), there is a whole terminology to know in order to understand how the process unfolds and understand the ins and outs. The COOP thus provides you with a glossary to help you understand the use of certain terms, their nature and their effects in certain contexts.
Here is a non-exhaustive list of terms:
- ACCOUNT STATEMENT
- ACTS
- ADJUSTMENTS
- ADVERTISING
- ADVANCE PAYMENT
- AGENCY
- AMORTIZATION
- AMOUNT
- ARTIFICIAL INTELLIGENCE
- AVT
- B LENDERS
- B2B
- BANK
- BID
- BLOCK
- BMO
- BNC
- BORROWER
- CAPITAL
- CERTIFICATE OF LOCATION
- CIBC
- COMPONENT
- CONDO
- CONTRACT
- CREDITOR
- CRYPTO CURRENCY
- DEBTOR
- DECLARATION OF CO-OWNERSHIP
- DEED OF MORTGAGE
- DEED OF SALE
- DETACHED
- DISBURSED
- DIVIDED OWNERSHIP
- DIVORCE (E)
- DOMINION
- DOWNPAYMENT
- DUE DATE
- DUPLEX
- EASEMENTS
- ETHICS
- EVALUATION
- FILE PRODUCTION
- FINDER FEES
- FINANCIAL RECOVERY
- FIXED FEES
- FIXED RATE INTEREST
- FROM THE OWNER
- FUND
- GARDENS
- GST-QST
- HIDDEN DEFECTS
- HOURLY RATE
- HOUSE
- HYPOTHECA
- IG GROUP
- IMERIS
- IMERIS
- INDIVISION CONTRACT
- INDUSTRIAL ALLIANCE
- INSPECTION
- INSURANCE
- INTEREST
- JUDGEMENT
- LAND REGISTER
- LAW AND REGULATIONS
- LOAN AGREEMENT
- MANDATE (PROXY)
- MANULIFE
- MARITAL STATUS
- MARRIAGE CERTIFICATE
- MELCCQ
- MJQ
- MONEY
- MOVABLE MORTGAGE
- MRNQ
- MRQ
- MULTIPLE DWELLINGS
- MULTI LOAN
- NOTARY
- OCCUPATION
- OWNERSHIP
- PARTY WALL
- PENALTY
- PERCENTAGE
- PLAN READY
- POSSESSION
- PRESCRIPTION
- PROPERTY INDEX
- PURCHASE
- PURCHASE OF BASIC POINTS
- QUADRULEX
- RBC
- RDPRM
- READY
- READY-TO-SALE
- REAL ESTATE BROKER
- REAL ESTATE MORTGAGE
- RECEIPT
- RENT
- REPAYMENT
- RELATED DOCUMENTS
- REVERSE MORTGAGE
- SALE
- SALE WITHOUT GUARANTEE OF TITLES
- SALE WITHOUT LEGAL WARRANTY
- SCHOOL AND MUNICIPAL TAXES
- SEMI-DETACHED
- SEPARATION OF PROPERTY
- SINGLE
- SOCIETY OF ACQUESTS
- SPECIAL CLAUSES
- SPLIT LEVEL
- STATE FEES
- STANDARD DECLARATION
- STANDARDIZATION
- TANGERINE
- TD-CANADA TRUST
- THE LAURENTIAN
- TITLE INSURANCE
- TITLES SEARCH
- TRANSFER OF RANK
- TRIPLEX
- VARIABLE RATE INTEREST
- VERICO
- WEDDING CONTRACT
- WIDOWED (VE)
- WILL
- WORK IN ACTION
Articles of all kinds will be regularly published on the new COOP site and the glossary will be detailed for the benefit of all users.
