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Purchase & Sale Agreement for New Condo (Alberta)

Make an offer to purchase a condominium unit in a new project which is still under development or construction with this ready-made Offer to Purchase and Agreement of Purchase & Sale for the Province of Alberta. Provisions of the Offer include:
  • The transaction will be finalized at a specified future date after construction of the condominium project is complete.

  • The purchase price includes a parking stall.

  • All prepaid deposits will be held in trust until the sale closes.

  • The purchaser acknowledges reviewing the construction plans for the condo unit and giving approval.

  • Prior to possession, the purchaser and the vendor will do a joint inspection of the condo unit to check for deficiencies in construction that need to be remedied. No holdback is allowed for deficiencies.

  • Final closing cannot take place until the condominium plan has been registered with the Land Titles Office, however, the purchaser can take early possession as a licensee of the vendor.

This Alberta Offer to Purchase and Agreement of Purchase & Sale for New Condominium is provided in MS Word format, and is fully editable to meet your needs.



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File Details
Price:$25.00(CAD)
Document ID:3476
Downloads:56
Date Added: 2002-01-01
word document

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