2011–12 Project Summaries: Association des consommateurs pour la qualité dans la construction
7400 Saint-Laurent blvd, Suite 608
Montreal, QC H2R 2Y1
Pre-purchase real estate inspections: Better protection for buyers and sellers
According to the Association des consommateurs pour la qualité dans la construction (ACQC), the property resale market is a significant financial issue for Canadian consumers. To ensure fair transactions and to protect their investments, buyers are encouraged to have an inspection of the building in question, by hiring an inspector who will uncover apparent deficiencies and defects and give an overview of the repair and maintenance expenses the buyer should prepare for in the future.
In Canada, the profession is not monitored. It is nevertheless something that can have very significant financial consequences for the consumer. In the case of a faulty inspection, what recourse does the consumer have? This project aims to thoroughly review the inspection market in Ontario and Quebec.
This research will provide a report on the state of inspections in the target markets, reveal the issues for consumers and the deficiencies likely to be corrected by Parliament's initiatives or by the stakeholders themselves. It will also raise awareness in consumers about the importance of pre-sale inspections and identify the key advice to provide them.
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