{"id":54700,"date":"2024-02-27T15:06:29","date_gmt":"2024-02-27T15:06:29","guid":{"rendered":"https:\/\/yanicksarrazin.com\/?p=54700"},"modified":"2024-08-12T20:26:16","modified_gmt":"2024-08-12T20:26:16","slug":"everything-you-need-to-know-about-estate-sales","status":"publish","type":"post","link":"https:\/\/yanicksarrazin.com\/en\/immobilier\/seller-information\/everything-you-need-to-know-about-estate-sales\/","title":{"rendered":"Everything you need to know about estate sales"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"54700\" class=\"elementor elementor-54700\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0cfd3c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0cfd3c2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-94d899e stretch-to-none\" data-id=\"94d899e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58d8061 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"58d8061\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;,&quot;h4&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tEverything you need to know about estate sales - Key Information\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__58d8061\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__58d8061\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__58d8061\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7a4774 elementor-widget elementor-widget-text-editor\" data-id=\"c7a4774\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">You have recently inherited a property and are considering selling it, but you&#8217;re wondering what steps to take? In Quebec, the sale of an estate refers to the transfer of real or personal property of a deceased person as part of the settlement of their estate. We have collaborated with <a href=\"https:\/\/yanicksarrazin.com\/en\/montreal-real-estate-broker\/real-estate-broker-jean-vincent-boggia\/\">Jean-Vincent Boggia<\/a>, a real estate broker at YE\/SARRAZIN, to address all your questions on the subject.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbb3ebc elementor-widget elementor-widget-heading\" data-id=\"dbb3ebc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is an estate sale?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89f34e9 elementor-widget elementor-widget-text-editor\" data-id=\"89f34e9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/educaloi.qc.ca\/en\/capsules\/main-steps-in-settling-an-estate\/\">An estate<\/a>, in the legal domain, represents all the property, rights, and obligations of a deceased person. When a person dies, the management and distribution of their property fall to an entity designated according to legal or testamentary provisions in force. This entity, often called the &#8220;liquidator&#8221; or &#8220;executor,&#8221; is responsible for handling the financial and legal affairs related to the estate.<\/span><\/p><p><span style=\"font-weight: 400;\">In this context, heirs may consider selling a property they have inherited, whether it be a house, <a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-news\/divided-and-undivided-co-ownership-how-to-differentiate-them\/\">divided or undivided co-ownership<\/a>, income property, cottage, etc.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c84479 elementor-widget elementor-widget-heading\" data-id=\"0c84479\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the differences between intestate and testate succession?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35e1189 elementor-widget elementor-widget-text-editor\" data-id=\"35e1189\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.quebec.ca\/en\/justice-et-etat-civil\/testament-succession\/succession\/settlement\/death-without-will\/procedure-rules\">Intestate succession<\/a> occurs when the deceased has not drafted a will or if the will is invalid. The distribution of assets is governed by the intestacy laws in force in the country or state. Heirs are designated according to a priority order established by law, usually direct descendants (children, grandchildren), the surviving spouse, then other relatives based on their degree of kinship. The management of the estate is often entrusted to a liquidator designated by law or chosen by the family.<\/span><\/p><p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.quebec.ca\/en\/justice-et-etat-civil\/testament-succession\/succession\/settlement\/succession-will\">Testate succession<\/a> occurs when the deceased has drafted a valid will before their death. The testator explicitly designates the beneficiaries of their assets as well as the liquidator or executor responsible for implementing the provisions of the will. The will may allow the deceased to deviate from the rules of intestate succession and distribute their assets according to their personal wishes, subject to compliance with applicable legal provisions.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69eef7d elementor-widget elementor-widget-heading\" data-id=\"69eef7d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How does an estate sale proceed?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd5317d elementor-widget elementor-widget-text-editor\" data-id=\"bd5317d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">An estate sale follows the same process as an ordinary sale but may involve additional steps. For example, heirs or the executor may need to obtain court approval to sell certain assets, especially if there are disputes among heirs or complex issues regarding the assets. Additionally, estate sales typically occur <a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/montreal-real-estate-broker\/la-vente-sans-garantie-legale-dun-bien-immobilier-quelles-sont-ses-implications\/\">without a legal warranty of quality<\/a> and are the sole responsibility of the buyer. Indeed, since the estate does not have in-depth knowledge of the property, it prefers to absolve itself of any liability related to potential defects or issues.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9c7c8d elementor-widget elementor-widget-heading\" data-id=\"e9c7c8d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Is there tax to be paid on estate property?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-271de20 elementor-widget elementor-widget-text-editor\" data-id=\"271de20\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In general, if it is the deceased&#8217;s <a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/individuals\/topics\/about-your-tax-return\/tax-return\/completing-a-tax-return\/personal-income\/line-12700-capital-gains\/principal-residence-other-real-estate\/what-a-principal-residence.html\">primary residence<\/a>, there will be no taxes on capital gains to pay. However, if the estate property is a secondary residence (cottage or income property), it is subject to tax.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04deb4e elementor-widget elementor-widget-heading\" data-id=\"04deb4e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Do renovations need to be done on the property before listing it for sale?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b03bcf7 elementor-widget elementor-widget-text-editor\" data-id=\"b03bcf7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">It is not essential to undertake major renovations, but it may be necessary to carry out some minor repairs. Additionally, it is essential to ensure that the property is clean, well-maintained, and that the outdoor landscaping is tidy before listing it for sale.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7d95f3 elementor-widget elementor-widget-heading\" data-id=\"b7d95f3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Does the property need to be emptied before listing it for sale?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce0524f elementor-widget elementor-widget-text-editor\" data-id=\"ce0524f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Some heirs may consider emptying the property to complete the grieving process. However, it is generally not advisable to empty the house before the sale, as an empty house may not be appealing to potential buyers. If some items clutter the space or are in poor condition, it may be wise to remove or replace them. It is rather recommended to use <a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/seller-information\/tips-for-showcasing-your-property-in-photography-for-a-successful-sale\/\">different sales techniques<\/a> such as depersonalizing the space and home staging to showcase the property and facilitate its sale.<\/span><\/p><p><span style=\"font-weight: 400;\">If the property is vacant, don&#8217;t worry, we have the option to virtually stage the rooms.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a253e2 elementor-widget elementor-widget-heading\" data-id=\"5a253e2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the mandatory documents for an estate sale?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7a7298 elementor-widget elementor-widget-image\" data-id=\"e7a7298\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"675\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/02\/Documents-obligatoires-pour-la-vente-Courtiers-Immobiliers-Montreal-2-1024x768.jpg\" class=\"attachment-large size-large wp-image-55373\" alt=\"Documents for the sale of a property - Real estate brokers Montreal\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/02\/Documents-obligatoires-pour-la-vente-Courtiers-Immobiliers-Montreal-2-1024x768.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/02\/Documents-obligatoires-pour-la-vente-Courtiers-Immobiliers-Montreal-2-300x225.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/02\/Documents-obligatoires-pour-la-vente-Courtiers-Immobiliers-Montreal-2-768x576.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/02\/Documents-obligatoires-pour-la-vente-Courtiers-Immobiliers-Montreal-2-1536x1152.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2024\/02\/Documents-obligatoires-pour-la-vente-Courtiers-Immobiliers-Montreal-2-2048x1536.jpg 2048w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-664bd23 elementor-widget elementor-widget-text-editor\" data-id=\"664bd23\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The sale of a property involves <a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/news\/what-are-the-required-documents-for-the-sale-of-a-property\/\">various mandatory documents<\/a>. In the case of intestate succession, where there is no will, court authorization is required. For testate succession, the first step involves obtaining a transmission declaration for real estate. Prepared by a notary, this document certifies the transfer of ownership and is registered with the<a href=\"https:\/\/www.registrefoncier.gouv.qc.ca\/Sirf\/\"> Land Registry of Quebec.<\/a> Several elements are necessary for its preparation:<\/span><\/p><p><span style=\"font-weight: 400;\">-A death certificate;<\/span><\/p><p><span style=\"font-weight: 400;\">-A deed of sale to demonstrate that the deceased owned the real estate;<\/span><\/p><p><span style=\"font-weight: 400;\">-A location certificate;<\/span><\/p><p><span style=\"font-weight: 400;\">-If applicable, a will.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bde3e97 elementor-widget elementor-widget-heading\" data-id=\"bde3e97\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What other advice would you offer to facilitate the purchase of an estate sale?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de7d4dd elementor-widget elementor-widget-text-editor\" data-id=\"de7d4dd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">I strongly advise conducting a thorough <a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/how-to-choose-your-home-inspector\/\">inspection<\/a> when buying a property from an estate, as these houses often remain unoccupied for a certain period. Having remained vacant for an extended period, the property has been exposed to weather conditions and climatic changes without being used, which can lead to various problems.<\/span><\/p><p><span style=\"font-weight: 400;\"> It is also important to note that insurance companies generally do not cover unoccupied houses, or the insurance premium may be significantly higher for this type of property. <\/span><\/p><p><span style=\"font-weight: 400;\">Additionally, since the liquidator or heir is usually not the primary owner of the property and often does not reside there, the information in<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/news\/what-are-the-required-documents-for-the-sale-of-a-property\/\"> the seller&#8217;s declaration<\/a> may be limited. <a href=\"https:\/\/yanicksarrazin.com\/en\/montreal-real-estate-broker\/\">Your real estate broker<\/a> can check the property&#8217;s history, advise you to seek experts if needed, and guide you through the purchasing process.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d39634 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1d39634\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd7c2fe elementor-widget elementor-widget-text-editor\" data-id=\"cd7c2fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">An estate sale requires a precise understanding of legislative processes and documentary requirements, whether intestate or testate. Involving additional steps, it requires careful preparation, especially in terms of documentation and property presentation. A thorough inspection is essential to identify any potential issues, as estate houses often remain unoccupied. <a href=\"https:\/\/yanicksarrazin.com\/en\/montreal-real-estate-broker\/\">Your real estate broker<\/a> will be there to support you and provide the necessary advice throughout the estate sale process.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13c4def elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"13c4def\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c81b63f elementor-widget elementor-widget-spacer\" data-id=\"c81b63f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-383d023 elementor-widget elementor-widget-heading\" data-id=\"383d023\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Read more real estate information<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adb88f2 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-card-shadow-yes elementor-posts__hover-gradient elementor-widget elementor-widget-posts\" data-id=\"adb88f2\" data-element_type=\"widget\" data-settings=\"{&quot;cards_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:38,&quot;sizes&quot;:[]},&quot;cards_columns&quot;:&quot;3&quot;,&quot;cards_columns_tablet&quot;:&quot;2&quot;,&quot;cards_columns_mobile&quot;:&quot;1&quot;,&quot;cards_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;cards_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.cards\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-cards elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-76945 post type-post status-publish format-standard has-post-thumbnail hentry category-buyer-information category-montreal-en category-real-estate-information tag-co-ownership tag-condominiums tag-plateau-en tag-plateau-mont-royal-4 tag-real-estate tag-real-estate-broker-montreal tag-real-estate-condos tag-real-estate-information tag-real-estate-montreal tag-rosemont-en tag-rosemont-la-petite-patrie-5 tag-villeray-en\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/co-ownership-advantages-and-disadvantages\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-300x200.jpg\" class=\"attachment-medium size-medium wp-image-76916\" alt=\"\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-300x200.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-1024x683.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-768x512.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-760x510.jpg 760w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-1536x1024.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-2048x1365.jpg 2048w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/05\/Yanick-Sarrazin-52-1-1-scaled-600x400.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Buyer Information<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h1 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/co-ownership-advantages-and-disadvantages\/\" >\n\t\t\t\tCo-ownership: advantages and disadvantages\t\t\t<\/a>\n\t\t<\/h1>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>In Montreal &#8211; whether in the Plateau Mont-Royal, Rosemont La Petite-Patrie or Villeray areas &#8211; you&#8217;ll find a large number of properties available in divided<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/co-ownership-advantages-and-disadvantages\/\" aria-label=\"Read more about Co-ownership: advantages and disadvantages\" tabindex=\"-1\" >\n\t\t\tLire la suite \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t16 May 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-75445 post type-post status-publish format-standard has-post-thumbnail hentry category-buyer-information category-real-estate-information tag-buyer tag-buyer-information tag-financial-takeovers tag-montreal-en tag-real-estate tag-real-estate-broker-montreal tag-real-estate-information tag-real-estate-montreal\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-information\/financial-repossession-advantages-and-disadvantages\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-300x200.jpg\" class=\"attachment-medium size-medium wp-image-75435\" alt=\"\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-300x200.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-1024x683.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-768x512.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-760x510.jpg 760w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-1536x1024.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-2048x1365.jpg 2048w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/9403_ecote-1-1-scaled-600x400.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Buyer Information<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h1 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-information\/financial-repossession-advantages-and-disadvantages\/\" >\n\t\t\t\tFinancial repossession: advantages and disadvantages\t\t\t<\/a>\n\t\t<\/h1>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>If you&#8217;re looking for your new home, chances are you&#8217;ve already noticed the Repossession search criterion on Centris, which allows you to filter the properties<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/real-estate-information\/financial-repossession-advantages-and-disadvantages\/\" aria-label=\"Read more about Financial repossession: advantages and disadvantages\" tabindex=\"-1\" >\n\t\t\tLire la suite \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t25 April 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-75229 post type-post status-publish format-standard has-post-thumbnail hentry category-buyer-information category-real-estate-news-buyer-information category-seller-information tag-buyer tag-buyer-information tag-key-interest-rate tag-real-estate tag-real-estate-broker-montreal tag-real-estate-montreal tag-seller tag-seller-information\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/real-estate-news-buyer-information\/key-interest-rate-maintained-at-2-75-a-favorable-environment-for-the-real-estate-market\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-300x225.jpg\" class=\"attachment-medium size-medium wp-image-75189\" alt=\"\" srcset=\"https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-300x225.jpg 300w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-1024x768.jpg 1024w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-768x576.jpg 768w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-1536x1152.jpg 1536w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-2048x1536.jpg 2048w, https:\/\/yanicksarrazin.com\/wp-content\/uploads\/2025\/04\/collov-home-design-js8AQlw71HA-unsplash-1-scaled-600x450.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Buyer Information<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h1 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/real-estate-news-buyer-information\/key-interest-rate-maintained-at-2-75-a-favorable-environment-for-the-real-estate-market\/\" >\n\t\t\t\tKey interest rate maintained at 2.75%: A favorable environment for the real estate market!\t\t\t<\/a>\n\t\t<\/h1>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Montreal, April 16, 2025 &#8211; The Bank of Canada has decided to maintain its key rate at 2.75%. This stability is explained by economists&#8217; desire<\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/buyer-information\/real-estate-news-buyer-information\/key-interest-rate-maintained-at-2-75-a-favorable-environment-for-the-real-estate-market\/\" aria-label=\"Read more about Key interest rate maintained at 2.75%: A favorable environment for the real estate market!\" tabindex=\"-1\" >\n\t\t\tLire la suite \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\t16 April 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Everything you need to know about estate sales &#8211; Key Information You have recently inherited a property and are considering selling it, but you&#8217;re wondering what steps to take? In Quebec, the sale of an estate refers to the transfer of real or personal property of a deceased person as part of the settlement of [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":61451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[607,605],"tags":[1141,18,544,546,542,548],"class_list":["post-54700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-information-seller-information","category-seller-information","tag-estate-sales","tag-real-estate","tag-real-estate-broker-montreal","tag-real-estate-information","tag-real-estate-montreal","tag-seller-information"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everything you need to know about estate sales - Courtier Immobilier Montr\u00e9al Yanick E Sarrazin<\/title>\n<meta name=\"description\" content=\"Estate sale refers to the transfer of real estate assets of a deceased person as part of the settlement of their estate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yanicksarrazin.com\/en\/immobilier\/seller-information\/everything-you-need-to-know-about-estate-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everything you need to know about estate sales - 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