Ne jamais investir en immobilier avec des proches sans convention
AI Article Summary
The article examines the benefits and challenges of real estate investments among friends or family without a legal agreement. It highlights the importance of formalizing these partnerships to address tasks, governance, and investor exit. Although not mandatory, an undivided co-ownership or shareholder agreement can prevent legal and relational issues.
What This Means for Canadian Contractors
For Quebec builders, this means that before embarking on a joint real estate project, it's vital to formalize roles and responsibilities in advance, which can impact financing and timelines. A clear legal structure can facilitate access to necessary capital and effectively manage financial and relational risks. Regardless of the size of the investment, it demonstrates the importance of contractual aspects beyond material construction considerations.
