The Classification of Property

Author: Catalin Ivan  //  Category: Quebec Real Estate Law

Quebec Real Estate Law:
Quebec’s legislators use different classifications to define a specific framework for the application of the rights and obligations of owner. The law distinguishes between things and property according to whether they are: appropriable or non appropriable, on the market or off, fungible or non fungible, expandable or non expandable, corporeal or incorporeal. Although differences in economic value are no longer as crucial as they once were, the distinction between movable is still the richest classification, in terms of both its importance and its consequences.
This is were the role of a realtor becmes very important when buying or selling a property.
Do not hesitate to post any question or suggestion!
Click here to E-mail me directly.

Leave a Reply

You must be logged in to post a comment.