Role of the notary

Understand the role of the notary thanks to Nexity, real estate developer

The presence of a notary is required

It is required that you call on the services of a notary prior to investing in your real estate property (be it a building plot, a flat or a house). He must be in possession of a written mandate signed by you in advance, entitling him to institute procedures. This deed stipulates the following information: nature of the property, asking price, terms of payment, precise role of the notary, duration of the mandate, conditions on revocation of the mandate, the notary's conditions of remuneration. The notary acts as a negotiator in the process of sale as well as a consultant, and he is required to inform you of all formalities to be carried out.

Commitment to sell

First of all, a commitment to sell is signed at a Nexity agency. It states that Nexity agrees to sell you its property in exchange for which you then pay him a guarantee deposit. This contract is valid for several months, during which time the notary handles all details for signature of the notarised deed of sale between Nexity and you. He gathers together all documents (civil status documents, mortgage deed, extract from the cadastral survey, town planning file, required technical diagnoses, condominium management agency questionnaire, etc.) required at the time of final signature of the sale. As for yourself, you are required to gather the funds necessary for investing in your home.

Notarised deed of sale

After the provisional sales agreement, the notarised deed of sale is signed at the notary's. This document testifies to the legality of the real estate transaction for the sale or constriction of a dwelling. It clearly identifies the vendor's name, the buyer's name, the real estate property, the price, the date of sale and the signatures of both parties. The loan offer from your bank, accepted by you, must be forwarded directly to the notary by yourself or through the services of the banking institution's notary. Where applicable, on the day the deed of sale is signed, the bank will also have you sign the mortgage commitments necessary for release of the funds. It is only on signature of the notarised deed that ownership is truly transferred. If a real estate sale is concerned, the keys of the building are remitted to the new owner of the premises at this time.