OACIQ Practice Exam 2025 - Free Real Estate Brokerage Practice Questions and Study Guide

Question: 1 / 400

Who typically pays for notary fees related to the Deed of Sale?

The buyer

In a real estate transaction in Quebec, it is customary for the buyer to be responsible for the notary fees related to the Deed of Sale. This practice aligns with the principle that the buyer typically benefits from the services provided by the notary, who prepares and registers the deed. The notary ensures that the buyer's interests are protected, that the transaction complies with legal requirements, and that the property's title is properly transferred.

While there may be specific situations where other arrangements could be made between the buyer and seller, the general expectation in Quebec's real estate market is that the buyer bears this cost. This understanding helps facilitate smooth transactions and allows parties to plan for closing costs effectively, which often include notary fees, property transfer taxes, and other related expenses.

While the seller and municipality can have their own costs or responsibilities associated with the sale or transfer of property, they do not typically include the notary fees for the deed, reinforcing the buyer’s role in this aspect of the transaction.

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The seller

Both buyer and seller

The municipality

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