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Plain Language Forms

If you have any question or would like more information about our plain language forms please Contact Us or view our Buyers Page or Sellers Page for more about buying and selling a home or property.

 

Agreement of Purchase and Sale

The Agreement of Purchase and Sale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed in their Offer to buy the Seller’s property. Some common examples of a Buyer’s conditions include arranging financing (a mortgage) for the property to be purchased, completing a home inspection, or ensuring that the sale of their current home is completed before purchasing a new one. After the Offer is prepared and signed by the Buyer, it is presented to the Seller for acceptance. The Seller, in turn, may want to make changes to the Offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement.

 

Agreement of Purchase and Sale - Condo

The Agreement of Purchase and Sale Condominium Resale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed in their Offer to buy the Seller’s property. Some common examples of a Buyer’s conditions include arranging financing (a mortgage) for the property to be purchased, completing a home inspection, ensuring that the sale of their current home is completed before purchasing a new one or review of a Status Certificate. After the Offer is prepared and signed by the Buyer, it is presented to the Seller for acceptance. The Seller, in turn, may want to make changes to the Offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement.

 

Buyer Representation

This Form is a contract between a Buyer and a real estate company that gives the real estate company permission to act on the Buyer’s behalf in the purchase of a property. Assuming the Buyer is a Client of the real estate company, the Real Estate Council of Ontario (Ontario’s governing body) REBBA Code of Ethics requires that Salespeople have a written Buyer Representation Agreement presented for signature prior to an offer being presented on behalf of the Buyer.

 

Listing Agreement

This Form is a contract between a Seller and a real estate company that gives the real estate company permission to act on the Seller’s behalf when they offer their home for sale in the open market. A written agreement is necessary in order to secure commission and to ensure compliance with the REBBA Code of Ethics.

 

Confirmation of Cooperation and Representation

This Form is used to indicate to all parties involved the specific types of relationships that exist in their particular real estate transaction. This document is used in part to reassure all parties that they will be treated fairly in the transaction. The Form is used to set up an arrangement between companies and is acknowledged by the parties.

If you have any question or would like more information about anything please Contact Us or view our Buyers Page or Sellers Page.

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Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.


RE/MAX Hallmark Realty Ltd., Brokerage.
723 MT.PLEASANT ROAD
Toronto ON  M4S-2N4
(416) 486-5588
Real Estate License # 1832007