Are you looking to buy or sell a property?
Although the used housing market has many advantages, it can also host some unpleasant surprises.
Protect your investment against latent defects!
Partners you can
trust
Trust and reliability
Protect yourself against latent defects
Whether you’re selling or buying a property, discovering a latent defect is never fun. ACQ Résidentiel’s resale guarantee will ensure all parties can rest easy.
Why get a guarantee for
latent defects?
Transaction protected by latent defects
The buying and selling process can be stressful and complex. Thanks to the Latent Defects Protection, you’ll mitigate the stress and complications related to uncovering hidden defects.
Financial protection up to $50,000
Uncovering latent defects can be expensive. Our guarantee provides you with financial protection of up to $40,000 for three years*, so that you can do any necessary corrective work as soon as possible.*Depending on your current guarantee contract
Comprehensive assistance
Is a claim inevitable? Our guarantee provides you with free assistance so that you can avoid the courts and expensive lawyer’s fees.
Selling or purchasing with
peace of mind
How does the guarantee work in the event of a claim?
Whether you’re buying or selling a property, in the event of a claim, your file will be handled by one of our experts and you’ll enjoy free, comprehensive assistance.
- Avoid lawyer’s fees
- Steer clear of the courts
- Enjoy fast, easy management in the event of a claim
- Eliminate administrative paperwork and tedious procedures
- Ensure better relationships between buyers and sellers
FAQ
Frequently asked questions
What types of buildings are eligible for the Latent Defects Protection?
Single-family homes, multiplexes of two to five units, and condo units (private areas only) that are more than five years old and sold with a legal guarantee are eligible for the Latent Defects Protection. Note that commercial buildings, buildings sold without a legal guarantee, and buildings that are less than five years old are NOT eligible.
Can the Latent Defects Protection be applied after the deed of sale has been notarized?
No. To be valid, the Latent Defects Protection must be applied before the deed of sale is signed, whether you are a buyer or a seller.
Is it possible that an eligible property might be refused by the Latent Defects Protection?
All properties can be protected by the Latent Defects Protection as long as they meet all eligibility criteria. Inspection reports make it possible to identify elements that are not covered by the guarantee, since they’ve been uncovered by an inspector. Once these elements are raised, they’re simply excluded from the guarantee.
Do you want to get in touch with us?
Fill out the form, and an agent will contact you as soon as possible to answer all your questions.
Would you like to contact the Residential ACQ (Latent defects protection)?
Please complete the form below