4 Legal Documents to Check While Buying a Home: The Essential Guide

There are so many things to think about when buying a home. You have to find the right property, make a reasonable offer, and navigate the mortgage process. One of the most critical aspects of buying a home is knowing all of the legal documents involved in the purchase. This essential guide will discuss four critical legal documents that you need to know when buying a home in Canada. 1) The Offer to Purchase When you make an offer on a property, you are legally obligated to follow through with the purchase if it is accepted. The offer to purchase outlines the terms and conditions of your offer and the deposit you are offering. It is essential to review this document carefully and make sure that you are comfortable with the terms before making an offer. The document includes the following details: -The purchase price -The date of possession -Any chattels or fixtures that is included in the sale If you have any questions, be sure to a...