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Buying a Pre-construction Unit: 6 Important Documents

Author: 
CAO
Publication date:
Not Available
Article Summary: 

Purchasing a condo before its construction is complete involves certain risks and requires careful consideration of important documents and timelines. Buyers should review documents provided by the builder, understand cancellation conditions, and be aware of changes in regulations regarding interest rates on deposits. Understanding occupancy dates, including interim occupancy, is essential to navigating the process smoothly and avoiding potential pitfalls.

Keywords: 

Condo purchase, Pre-construction, Agreement of Purchase and Sale, Documents review, Cancellations, Deposits, Interest rates, Occupancy dates, Interim occupancy, Buyer protections

Source Citation: 
CAO
Buying a Pre-construction Unit: 6 Important Documents
Not Available
https://www.condoauthorityontario.ca/condominium-living/educating-condominium-buyers/buying-a-pre-construction-unit-6-important-documents/
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