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Real estate market: overwhelmed Quebec notaries

Nevertheless,

Real estate market: overwhelmed quebec:

The overheating of the real estate market in the Quebec region gives a. Nevertheless, lot of work to the offices of notaries. Furthermore, Unable to complete their transactions, citizens will have to wait two or three months to move into their new home.

Dany Thibodeau lives Montreal. Meanwhile, He recently acquired property in Old Quebec. Meanwhile, He signed the sales offer, but impossible for him to obtain the keys for the date scheduled for September 1. Consequently,

After a series of calls. Therefore, he found that no notary was able to formalize his deed of sale, for lack of availability.

The files litter the ground in the office of Me Steve Turmel, associated notary for Notavi notaries. In addition, Friday, five meetings were scheduled for his agenda for the afternoon.

Summer months have always been the most real estate market: overwhelmed quebec busy period among notaries, but this year, we must be patient. Currently, it would not be before mid-October for a new home purchase mandate fileMe Turmel tells us.

The situation is particularly difficult this year For volume reasons and complexity of the files. We have several creditors who do not all have the same steps, so we have to juggle all this.

The office is forced, on occasion, to refuse customers to ensure The same level of service.

A boiling real estate market – Real estate market: overwhelmed quebec

Quebec City is the epicenter of the real estate escalation in. the province.

A real estate broker sign.

The real estate market has not slowed down in the large region of Quebec.

Photo : Radio-Canada / Edouard Dubois

According to data from the Professional Association of Quebec Real Estate Brokers. 2819 real estate transactions were carried out in the Metropolitan region of Quebec during the second quarter of 2025. This number represents an increase of 9 % compared to the same period last year.

For summer, the volume is greater.

A quote from François Huot. real estate broker

The notaries contacted by Radio-Canada all mentioned the times that are sometimes too short to real estate market: overwhelmed quebec formalize the sale of a residence. The broker François Huot mentions it to buyers, but sometimes, Customers have no choicehe says.

In a case. I have a customer who is starting to work in Quebec on September 1, so it requires a before transaction, he wants to be installedhe tells us.

He invites customers to Information before making the transaction and ensuring that a notary is available.

Me Turmel adds that, during the pandemic, several buyers signed a purchase offer with a four -year mortgage refinancing. These have to turn to notaries offices for a few months to update their information, which adds to congestion.

A widespread situation in Quebec

Nearly 671 notaries practice in the regions of the Capital-Nationale. Chaudière-Appalaches, according to the latest annual report of the Chamber of Notaries of Quebec.

Although the region is one of the best served in the provinces. Me François Bibeau, director general of the professional association of notaries of Quebec, judges that the situation here is special.

The particularity that we see for Quebec is the fact that several notaries registered in this. region are not in traditional practicehe nuances. It would not be surprising to learn that half of the notaries registered in the National Capital work in government. municipal or financial institutions offices And that they are therefore not available to complete a real estate transaction.

Digital to speed up operations?

Would notaries meet notaries accelerate customer care?

This proposal was partially introduced into bill 34 tabled more than a year ago. aimed at modernizing the notarial profession by integrating digital technologies.

This allows notaries to Sign technologically, but not necessarily from a distancereal estate transactions, maintains François Bibeau. In exceptional cases. a person can make an appointment with a remote notary and sign the information without going to their office.

We understand that it could speed up the process […]but if you need a notary in a real estate transaction, it is to ensure its accuracy. He will check the identity, the capacity, the quality of the parties, which is difficult to do.

He also calls on buyers and sellers to predict their passage earlier to the notary to avoid unfortunate situations.

Further reading: Régis Labeaume receives a medal and serves a Camouflet at the CAQGM becomes number 1 for electric vehicle sales in CanadaA first victory at the Water-Polo Worlds for CanadaGallant Commission | Karl Malenfant files a request to escape an interrogation in cameraPrices in force: Canada is found in a “no man’s land”, according to an ex-minister.

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