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Qualifying
The process of determining a prospective borrower’s eligibility for mortgage financing related to a potential real estate purchase.

Quarter Section
A geographic reference for a parcel of land measuring 64.7 hectares or 160 acres and usually identified as NE, SW, NW or SW.

Quorum
The minimum number of individuals entitled to vote that must be present or represented by proxy at a meeting in order for the business of the condominium corporation to be transacted.


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