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Organize Pages Hypothec On Movables

Organize Pages Hypothec On Movables

Aug 6th, 2022

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How to Organize Pages Hypothec On Movables

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65 votes

In this video tutorial, Daniella Berglas discusses the issue of legal hypothecs that can affect homebuyers. She presents a scenario where a buyer, initially satisfied with their home purchase, faces a surprise eviction when a bailiff serves them due to a legal hypothec filed by a contractor who was unpaid for work done on the property under the previous owner. To elaborate on legal hypothecs, Berglas invites legal analyst Mack Bucum from the Quebec Federation of Real Estate Boards. Bucum explains that a legal hypothec is a type of lien established by law, particularly outlined in the Civil Code of Quebec, and it operates automatically, posing potential challenges for unsuspecting buyers.

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