Top 10 Legal Things To Know Before Signing Alberta Real Estate Purchase Contracts
Posted by Jay McDouall on
Remember Even If It Looks Like A Form: It Is A Legal Contract To Buy A Home
Every year in Alberta, thousands of people enter into Alberta real estate purchase contracts to buy and sell homes. The process of buying a home in Alberta is exciting. Sometimes people lose site of the fact that pre-printed, sometimes electronic real estate purchase contracts are legally binding contracts. While there are different residential purchase contracts for different types of properties, the main legal points are similar. Once signed and conditions are waived, you are required to go by the terms of the contract. If you cannot or will not, you can be sued. If you have never purchased a home before, we recommend visiting our First Time Home Buying page.…
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