{"id":206,"date":"2007-10-01T20:16:38","date_gmt":"2007-10-01T20:16:38","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/2007\/10\/whos-involved-in-a-real-estate-transaction\/"},"modified":"2019-04-05T15:57:12","modified_gmt":"2019-04-05T15:57:12","slug":"whos-involved-in-a-real-estate-transaction","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/whos-involved-in-a-real-estate-transaction\/","title":{"rendered":"Who&#8217;s involved in a Real Estate Transaction?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.0.47&#8243; custom_padding=&#8221;13px|0px|54px|0px|false|false&#8221;][et_pb_row _builder_version=&#8221;3.19.18&#8243; custom_padding=&#8221;0|0px|0px|0px|false|false&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.19.18&#8243;][et_pb_text _builder_version=&#8221;3.19.18&#8243;]<\/p>\n<p>In the course of buying or selling\u00a0<span>a property, aside from your agent, you will get to know a number of professionals working in the real estate industry. Since real estate agents are central to any real estate transaction, they can help coordinate your transaction by being the link with the others involved in your sale or purchase of a property. Here is an overview of the services offered by each professional.<\/span><strong><\/strong><\/p>\n<p><strong>Appraiser<\/strong><\/p>\n<p>Chartered appraisers provide an objective estimate of a property\u2019s value. Their appraisals are used for insurance, mortgage, estate settlement and asset sharing purposes. The also serve as expert witnesses in court and their report can be used as supporting documentation in the appraisal of a property. To obtain the title of a chartered appraiser and the right to use the \u201c\u0116.A.\u201d designation, appraisers must be members of the Ordre des \u00e9valuateurs agrees du Qu\u00e9bec (www.oeaq.qc.ca).<\/p>\n<p><strong>Buiding Inspector<\/strong><br \/> Before financing the purchase of a property, it is strongly recommended that a building expert inspect it first.<br \/> Since the building inspector profession is not under governmental regulation, it is important to call on the services of an inspector who belongs to one of the following professional associations: technologists, engineers, chartered appraisers and architects. Inspectors who belong to one of these associations offer better protection to members of the public as they are overseen by their professional association. The Qu\u00e9bec Association of Building Inspectors ensures that its members in Qu\u00e9bec comply with professional standards.<\/p>\n<p>To find inspectors who belong to one of he above associations, consult the GMREB\u2019s www.notwithoutmyagent.com website in the \u201cuseful links\u201d section.<\/p>\n<p><strong>Notary<\/strong><br \/> Notaries are essential participants in any real estate transaction. They are, along with lawyers, the only ones legally entitles to draft a mortgage deed. They also write up the deed of sale and perform a title search to ensure that the purchased property is free from obligations. Notaries are members of the Chambre des notaries du Qu\u00e9bec (www.cdnq.org).<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; custom_padding=&#8221;50px|0px|45px|0px|false|false&#8221; _builder_version=&#8221;3.3.1&#8243;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_image src=&#8221;https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2018\/09\/Jennifer-Lynn-Walker-Image.png&#8221; _builder_version=&#8221;3.17&#8243; max_width=&#8221;66%&#8221; custom_margin=&#8221;15px||&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_text _builder_version=&#8221;3.8&#8243; text_font=&#8221;||||||||&#8221; text_text_color=&#8221;#000000&#8243; header_font=&#8221;|600|||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;25px&#8221; header_4_font=&#8221;Alegreya||on||||||&#8221; header_4_text_color=&#8221;#aaaaaa&#8221; header_4_font_size=&#8221;25px&#8221; header_5_font=&#8221;||||||||&#8221; header_5_text_color=&#8221;#e02b20&#8243; header_6_font=&#8221;||||||||&#8221; header_6_text_color=&#8221;#e02b20&#8243; custom_margin=&#8221;45px|||&#8221; animation_style=&#8221;slide&#8221; animation_delay=&#8221;400ms&#8221; animation_starting_opacity=&#8221;100%&#8221;]<\/p>\n<h1>MEET JENN<\/h1>\n<h4>Real Estate Broker &amp; Educator<\/h4>\n<p style=\"text-align: left;\"><em>Jennifer Lynn Walker has specialized in buying and selling both residential and multiplex properties since 2003. She&#8217;s built a strong network of specialist, to give her clients a seamless experience throughout the real estate journey. Founder of\u00a0Montreal Real Estate Investor\u2019s Group, and Jolly Green Homes.\u00a0\u00a0<\/em><strong><a href=\"https:\/\/www.montreal-realestate.ca\/english\/meet-jenn\">How can I help you today?<\/a><\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;3.19.18&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.19.18&#8243;][et_pb_text _builder_version=&#8221;3.19.18&#8243;]<\/p>\n<p><strong style=\"font-size: 14px;\">Land Surveyor<\/strong><\/p>\n<p>Land surveyors are the only ones authorized by law to delineate public and private property in Qu\u00e9bec. Owners may call on their services to determine the boundaries of their lot using markets or to prepare a certificate of location. The Ordre des arpenteurs-g\u00e9om\u00e8tres du Qu\u00e9bec (www.oagq.qc.ca) brings together all members of this profession.<\/p>\n<p><strong>Mortgage Broker<\/strong><br \/> Mortgage brokers help their customers find the best mortgage loans. They find loans whose conditions best meet your needs: prepayments, length of amortization, financing an old house, self-employed workers loan, etc.<br \/> Mortgage brokers must be licensed by the Association des courtiers et agents immobiliers du Qu\u00e9bec (www.acaiq.com). They are listed under \u201cMortgage Loans\u201d in the Yellow Pages directory. You can also consult the website of the Canadian Association of Accredited Mortgage Professionals (www.caamp.org).<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the course of buying or selling\u00a0a property, aside from your agent, you will get to know a number of professionals working in the real estate industry. Since real estate agents are central to any real estate transaction, they can help coordinate your transaction by being the link with the others involved in your sale [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<table>\r\n<tbody>\r\n<tr>\r\n<td>In the course of buying or selling a property, aside from your agent, you will get to know a number of professionals working in the real estate industry. Since real estate agents are central to any real estate transaction, they can help coordinate your transaction by being the link with the others involved in your sale or purchase of a property. Here is an overview of the services offered by each professional.<strong>Land Surveyor<\/strong>\r\nLand surveyors are the only ones authorized by law to delineate public and private property in Qu\u00e9bec. Owners may call on their services to determine the boundaries of their lot using markets or to prepare a certificate of location. The Ordre des arpenteurs-g\u00e9om\u00e8tres du Qu\u00e9bec (www.oagq.qc.ca) brings together all members of this profession.\r\n\r\n<strong>Mortgage Broker<\/strong>\r\nMortgage brokers help their customers find the best mortgage loans. They find loans whose conditions best meet your needs: prepayments, length of amortization, financing an old house, self-employed workers loan, etc.\r\nMortgage brokers must be licensed by the Association des courtiers et agents immobiliers du Qu\u00e9bec (www.acaiq.com). They are listed under \u201cMortgage Loans\u201d in the Yellow Pages directory. You can also consult the website of the Canadian Association of Accredited Mortgage Professionals (www.caamp.org).\r\n\r\n<strong>Appraiser<\/strong>\r\nChartered appraisers provide an objective estimate of a property\u2019s value. Their appraisals are used for insurance, mortgage, estate settlement and asset sharing purposes. The also serve as expert witnesses in court and their report can be used as supporting documentation in the appraisal of a property. To obtain the title of a chartered appraiser and the right to use the \u201c\u0116.A.\u201d designation, appraisers must be members of the Ordre des \u00e9valuateurs agrees du Qu\u00e9bec (www.oeaq.qc.ca).\r\n\r\n<strong>Buiding Inspector<\/strong>\r\nBefore financing the purchase of a property, it is strongly recommended that a building expert inspect it first.\r\nSince the building inspector profession is not under governmental regulation, it is important to call on the services of an inspector who belongs to one of the following professional associations: technologists, engineers, chartered appraisers and architects. Inspectors who belong to one of these associations offer better protection to members of the public as they are overseen by their professional association. The Qu\u00e9bec Association of Building Inspectors ensures that its members in Qu\u00e9bec comply with professional standards. \r\n\r\nTo find inspectors who belong to one of he above associations, consult the GMREB\u2019s www.notwithoutmyagent.com website in the \u201cuseful links\u201d section.\r\n\r\n<strong>Notary<\/strong>\r\nNotaries are essential participants in any real estate transaction. They are, along with lawyers, the only ones legally entitles to draft a mortgage deed. They also write up the deed of sale and perform a title search to ensure that the purchased property is free from obligations. Notaries are members of the Chambre des notaries du Qu\u00e9bec (www.cdnq.org).<\/td>\r\n<td valign=\"top\"><!--adsense#160x600--><!--adsense#160x600--><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<!-- BEGIN: Constant Contact HTML for Send Page to Friend  -->\r\n<a href=\"http:\/\/ui.constantcontact.com\/sa\/fp.jsp?plat=i&p=f&m=jix8ysbab\"><u>Send Page To a Friend<\/u><\/a>\r\n<!-- END: Constant Contact HTML for Send Page to Friend  -->\r\n\r\nI wrote this article because I love real estate. If you would you like me to work for you, call me <a href=\"tel:514-402-8444\">514-402-8444<\/a> or <a href=\"mailto:jenn@montreal-realestate.ca\"><u>EMAIL ME<\/u><\/a>!\r\n\r\n\u00a0","_et_gb_content_width":"","sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,40,3],"tags":[],"class_list":["post-206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-buying-selling","category-selling","category-realtors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Your Montreal Real Estate Team Is More Important Now Than 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