Memorandum - Legal lexicon
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Legal lexicon > Memorandum

Memorandum

The memorandum:

  • lists the names of the architects, engineers, builders and developers;
  • contains a plan of the overall property development project and, where applicable, the general development plan of the project and a summary of the descriptive specifications;
  • indicates the budget forecast;
  • specifies the common facilities;
  • provides information on the management of the building;
  • and, where applicable, on the rights of emphyteusis or superficies to which the immovable is subject.
A copy or summary of the declaration of co-ownership or indivision agreement and of the by-laws of the building shall be appended to the memorandum even if they are draft documents.

The memorandum complements the preliminary contract.

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