Real Estate Purchase Offer (Quebec)

A Quebec Real Estate Purchase Offer (Offre d’achat immobilier) is a formal legal document through which a buyer presents a binding proposal to purchase immovable property from a seller in Quebec. Governed by the Code civil du Québec articles 1708-1784. The sale is a contract transferring ownership for a price. The offer sets out all essential terms: parties, cadastral description, price, deposit (arrhes), financing, inspection, and notarial closing timeline. Once accepted, it creates a binding synallagmatic contract. All transfers must be formalized through a notarial deed published at the Registre foncier du Québec.

You need this when purchasing immovable property in Quebec: houses, condominiums, duplexes, triplexes, revenue properties, or vacant land. Essential at the beginning of the transaction, before notarial intervention. Use when you have identified a property and are ready to commit to price, deposit, and closing date. The offer establishes the legal framework including financing approval, building inspection, and sale of current property as conditions precedent. Brokers licensed by the OACIQ typically assist but parties may prepare privately.

Key elements: party identification under art. 1385 C.c.Q.; property description with cadastral lot number; purchase price and deposit (arrhes) per art. 1711; financing conditions with mortgage amount, rate, amortization, and deadline; inspection conditions with timelines; seller declarations on hidden defects (art. 1726), renovations, contamination, and servitudes (art. 1723); notarial closing provisions; bonne foi clause (art. 1375); applicable law clause confirming Quebec civil law governance.