Data processing and the ensuing need for efficient and secure storage solutions are at the center of most organizations’ business and as a result, the presence of data centers is expected to increase considerably in the coming years. Clients generally use data center services in any of the following manners: i) by concluding a turnkey […]
The Province of Québec has recently seen an increase in the presence of data center providers. This burgeoning market can be associated with Québec’s many advantages including, but not limited to, affordable and dependable energy sources and its cooler climate. In addition, Montréal’s global reputation in the field of artificial intelligence is no stranger to […]
On May 13, 2019, the Québec Minister of Finance announced various measures designed to counter aggressive tax planning as part of its Tax Fairness Action Plan.
Residential landlords are obligated by the Civil Code of Québec and the Act respecting the Régie du logement to respect several public policy provisions regarding residential leases.
This article addresses various practical aspects of commercial leases. We will summarize good practices to adopt on the following topics: the offer to lease, premises and additional rent, insolvency and bankruptcy of a tenant, and tools to guarantee the performance of a tenant’s obligations. The Offer to Lease The offer can take the form of […]
Some elements may be essential conditions for a purchaser when buying an immovable, whether with respect to the development of a portion of a building in rental housing or the occupation of a portion of a residential building for commercial purposes. However, municipalities have the power to restrict some of these uses through their regulations, […]
Following an announcement by the Minister of Tourism on June 5, 2019, the Gazette Officielle du Québec published June 12, 2019, the draft Regulation modifying the regulation respecting tourist accommodation establishments (the “Draft Regulation” and the “Regulation”, respectively). According to the Minister, the update of the applicable regulations regarding collaborative accommodations, such as “Airbnb” and “HomeAway”, […]
The legal construction hypothec is a well-known mechanism for the guarantee of receivables offered to those who participated in the construction of a building. This hypothec is given a priority ranking on conventional hypothecs, which can be an aggravation for the owner of the building and its creditor. Conservation measures The legal construction hypothec exists […]
Since the introduction of the transfer duties tax, otherwise known as the “welcome tax”, various exemptions existed for transfers of real estate between 90% closely related persons or entities. 90% closely related means that one party has a 90% or more interest in the other party. However, for some unknown reason, partnerships, general or limited […]
Bill No.401, namely the Act mainly to improve the quality of buildings, the regulation of divided co-ownership and the operation of the Régie du logement, which came into effect in July 2018, brought significant changes to the law of co-ownership, especially in the field of insurance. Here are a few of them: Liability insurance The […]