Service

Selling or buying a condo (co-ownership)

A condo does not sell like a house: the buyer assesses the syndicate as much as the unit. The co-ownership documents, gathered in advance, make all the difference between a smooth sale and a promise to purchase that drags on.

Ernso Cléus, residential and commercial real estate broker — RE/MAX Crystal

The syndicate file is prepared in advance

Certificate of location, the syndicate’s financial statements, contingency fund, maintenance logbook, minutes of the latest meetings, amount of the co-ownership fees: the serious buyer — and their broker — ask for all of it. Gathering them before listing, rather than in the middle of a promise to purchase, avoids the delays that make a buyer back off.

On the buying side, we help you read those same documents so you buy with full knowledge.

What we cover

  • Preparation of the co-ownership file (syndicate documents)
  • Market-value analysis of the condo
  • Marketing and targeted advertising
  • Negotiation and follow-up through to the notary
  • Verification of the documents when buying a condo

Frequently asked questions — selling or buying a condo

Certificate of location, the syndicate’s financial statements, amount of the contingency fund, maintenance logbook, minutes of the latest meetings and the amount of the co-ownership fees. The serious buyer — and their broker — ask for them all. Gathering them before listing avoids the delays that make a buyer back off.

It is the syndicate’s reserve for future major work (roof, façade, elevators). A savvy buyer checks whether it is sufficiently funded: an insufficient fund can signal special assessments. Presenting these figures in advance shows a well-kept file.

Yes: the buyer assesses the syndicate as much as the unit. Preparation therefore covers the co-ownership documents as much as the condition of the unit. For the value analysis, only the real comparable sales in your building or your area give a reliable price — request your free evaluation.

Being represented when buying means having someone who reads the syndicate documents for you and defends your interests in the negotiation — usually at no cost to the buyer. See our buy a property page.

A condo to sell or buy?

Let’s talk about your co-ownership project — free value analysis, with no obligation.