Registration fees vary based on the Cote Qualité GCR and the building class.
Registration fees vary based on the Cote Qualité GCR and the building class.
Fees include:
Registration fees (effective since January 1, 2024) | ||
---|---|---|
COTE QUALITÉ GCR | CLASS 1 BUILDING | CLASS 2 BUILDING |
AA | $1 398 + $330 + $358,89 = $2 086,89* | $2 063 + $330 + $358,89 = $2 751,89* |
A | $1 471 + $360 + $358,89 = $2 189,89* | $2 142 + $360 + $358,89 = $2 860,89* |
B | $1 604 + $390 + $358,89 = $2 352,89* | $2 275 + $390 + $358,89 = $3 023,89* |
C | $1 938 + $450 + $358,89 = $2 746,89* | $2 471 + $450 + $358,89 = $3 279,89* |
D | $2 078 + $490 + $358,89 = $2 926,89* | $2 740 + $490 + $358,89 = $3 588,89* |
N | $2 078 + $490 + $358,89 = $2 926,89* | $2 740 + $490 + $358,89 = $3 588,89* |
*Plus applicable taxes
Note: As of January 1, 2015, $300 (plus applicable taxes) is required for the RBQ guarantee funds and a $58.89 fee (plus applicable taxes) is required by RBQ. This is on top of the registration fee and risk management fees that must be paid to GCR for each unit.
GCR has established a procedure to meet the needs of accredited contractors that allows for payments to be made under an installment plan for condo projects that are a certain size.
Since February 1, 2017, contractors that register projects held in co-ownership of at least six private portions can pay the project’s registration fees in installments, in accordance with conditions set by GCR (see chart below).
You must send post-dated cheques for the applicable dates once your project has been registered.
For condo projects with at least six private units | |
---|---|
Invoice of $13,000–$24,999 | 3 equal consecutive monthly payments, with a fixed administrative fee of 2.5% |
Invoice of $25,000–$49,999 | 4 equal consecutive monthly payments, with a fixed administrative fee of 2.5% |
Invoice of $50,000+ | 5 equal consecutive monthly payments, with a fixed administrative fee of 2.5% |
To arrange a payment plan, the contractor must file a request with the GCR analyst assigned to its case. The request will be reviewed for approval by the GCR Registration Coordinator.
Finally, GCR reserves the right to refuse a payment plan arrangement if the situation justifies it (accounts receivable in the records is expired, missing documents, status pending necessary securities/guarantees, etc.).
Note: It is only possible to pay registration fees in installments for the types of projects listed in the chart above, i.e., it is not possible to arrange a payment plan for a single‑family building not held in divided co-ownership or a multifamily building with two to five dwellings.
Although the Regulations doesn’t mention the refund of registration fees, GCR has implemented an administrative policy stipulates that a partial refund may be made when a dwelling is not sold 24 months after the end of the work. The request must be made within a reasonable time after the 24-month period has been reached. GCR analyses each file and informs the contractor of the decision
However, it is important to note that the Notice of end of work form must be submitted to GCR within a reasonable time after the end of the work to mark the beginning of the guarantees. Without this form, GCR cannot proceed with the registration reimbursement.