Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.
One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.
The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.
Need the form?
The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.
The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.
Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!
See our All about buying section.
Owners’ comments
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Original comments
Commercial land of more than 170,000 sq. ft. in St-Cyprien de Napierville (South Shore of Montreal). Possibility to divide the ground in half. Possibility of sewer and aqueduct service.
Close to a Tim Hortons, pharmacy, CLSC, daycare (CPE) and service stations. 2 minutes from Highway 15 and 25 minutes from Montreal.
Terrain commercial de plus de 170 000 pi² à St-Cyprien de Napierville (Rive-Sud de Montréal). Possibilité de diviser le terrain en deux. Possibilité de service d'égout et aqueduc.
À proximité d'un Tim Hortons, pharmacie, CLSC, garderie (CPE) et stations de services. À 2 minutes de l'autoroute 15 et à 25 minutes de Montréal.