Your Cooperative!
The COOP of notaries is a management and administration tool for the benefit of its member notaries. An innovative solution, adapted to the current context, reflecting the values of notarial practice.
Our Mission
Our member notaries can focus on higher value mandates. Our efficiency and innovative methods allow us to produce at lower costs. The notary retains their true role as a legal advisor, thus enhancing the notarial profession while cutting costs.
The COOP is managed by notaries. The profits generated by the COOP are distributed in the form of dividends. The dividends are voted on: one member = one vote, in an annual general meeting, then distributed to members.
To become a notary member of the Cooperative, it is required to acquire a participation share valued at $10. Members can also subscribe to privileged shares for an amount of $990. The $10 participation share can be refunded at any time upon a simple request from the member notary who wishes to withdraw from the Cooperative. However, the privileged shares, which are intended to capitalize the Cooperative, can only be refunded after a three-year period following their acquisition, in accordance with the Law on Cooperatives.
Our Values
In a competitive world, notaries must offer consumers the best possible quality/price ratio. The customer is king, as they are the one paying.
Cooperation
Centralized management, access to shared resources, and the strength of the network reduce risks and ensure quality work.
Innovation
We focus on creative methods and new technologies to propel the notarial profession into the future.
Efficiency
The training of our staff and the expertise of our team in mortgage refinancing ensure fast and high-quality processing.
Meeting with your lender
Step 1
You meet with your mortgage representative for a refinancing or property transfer. You can suggest your notary, or OPCO will assign a notary who is a member of the COOP to your file.
OPCO Notaires inc. contacts you
Step 2
Your lender sends the file to OPCO Notaires inc., which will contact you within 24 hours to invite you to create your profile on our secure client portal, where you can safely upload your information with complete peace of mind
OPCO Notaires inc. prepares the mortgage documents
Step 3
Within 48 hours of receiving the mandate, OPCO Notaires inc. begins preparing the file, which includes, among other things, the title search, requesting a payout statement from the previous lender, as well as drafting the mortgage documents.
OPCO Notaires inc. assigns the file to a notary member of the COOP
Step 4
OPCO Notaires inc. shares its mandate with a notary member of the COOP who practices in your region. All information exchanges between OPCO Notaires inc. and COOP-affiliated notaries take place exclusively via our secure portal.
The notary contacts you to schedule an appointment
Step 5
During the appointment, the notary verifies your identity and your ability to sign. After providing you with explanations about your mortgage documents, the notary receives your signature. Then, they register the mortgage with the land registry and return everything to OPCO Notaires inc.
OPCO Notaires inc. handles the disbursements
Step 6
After receiving the signed documents, OPCO Notaires inc. prepares the preliminary report for the disbursement. The funds are available within 3 business days, depending on your financial institution or lender. OPCO Notaires inc. also handles the repayment of existing creditors, as well as the drafting and publication of the discharge.
OPCO Notaires inc. sends you a digital copy of the original documents
Step 7
Finally, OPCO Notaires inc. sends you a digital copy of your mortgage documents along with your invoice. Your financial institution will handle the payment of OPCO Notaires inc.’s fees through your account.