This post, published on Éditions Yvon Blais’ blog on real estate on February 7, 2019 (FR), deals with the decisions rendered in Services immobiliers Gestram inc. (Sotheby's International Realty Quebec) v. Ohannessian by the Court of Appeal (Full Text) and Paradis v. Trudel by the Superior Court (Full Text), in which the court discusses the legitimacy of the assignment of a claim for a real estate broker’s compensation from a real estate agency to its broker.
Are you thinking of selling your cottage for the symbolic amount of $1.00 to a family member? This symbolic gesture could have significant tax consequences for both you and your relative.
