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ARTICLE · 16 APRIL 2019

The Offer To Purchase A Condominium: Some Important Aspects

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The high season for real estate transactions has begun. Are you thinking of selling your condo in order to pursue another project?

CanadaReal Estate and Construction
Langlois Lawyers LLP
Langlois Lawyers LLP
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This article first appeared in French in the Spring 2019 edition of the magazine Copropriété Plus.

The high season for real estate transactions has begun. Are you thinking of selling your condo in order to pursue another project? Or are you looking for the condo of your dreams? The initial contractual link that will be established between the owner (seller) and the purchaser will be an "offer to purchase", or "promise to purchase". If a real estate broker acts as intermediary, he or she will use a standard form that will almost inevitably have to be modified and adapted. It is important to ensure that the offer to purchase you sign accurately reflects your requirements and expectations. Even if an experienced real estate broker is generally able to adequately answer your questions, you should not hesitate to seek out the services of a legal advisor to guide you. In addition, even if the offer to purchase stipulates certain conditions that must be met (such as

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