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  1. CBABC and the BC Real Estate Association hold joint copyright over the Standard Form Contracts of Purchase and Sale and related documents. They are available free of charge to CBA members. By accessing and using these forms, the CBA member acknowledges and agrees that these forms were developed by CBABC and BCREA for the use and reproduction by ...

  2. The BC Branch of the Canadian Bar Association offers useful information including: Buying a Condo and Buying a Home as well as Mortgages and Financing a House Purchase. The federal government provides financial assistance to buyers through tax credits and exemptions (e.g. the First Time Home Buyer’s Tax Credit, and the Home Buyers’ Plan)

  3. Nov 7, 2023 · The standard Contract of Purchase and Sale (CPS) is a familiar form of contract. Parties in a transaction and their representatives have come to expect the standardized form of CPS when contracting for residential real estate. However, some clauses in the CPS can be confusing for buyers, sellers, and REALTORS® alike. In this two-part series ...

  4. Jul 20, 2020 · I will start by first explaining the buying process briefly. See below a short procedure on purchasing a real estate in BC. 1. Buyer drafts agreement of purchase and sale (offer). 2. Seller reviews the purchase and sale agreement. 3. The seller counters the purchase agreement. 4.

  5. Step 3. Make an offer. When you find a home you want to buy, make an offer to purchase. In most residential sales in BC, a realtor will help write up the offer on a standard contract of purchase and sale form. We have a deep-dive on the standard purchase contract. Here's an overview of what's involved.

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  6. Jul 3, 2022 · This document is used for producing a written contract in order to buy a house in BC. The document is legally binding and is used by both the buyer and seller within a transaction. A standard version of a contract of purchase and sale is published jointly through collaboration between the BC Branch of the Canadian Bar and the BC Real Estate ...

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  8. Dec 12, 2023 · Section 18 (Representations and Warranties) states that “there are no representations, warranties, guarantees, promises or agreements other than those set out in this Contract and representations contained in the Property Disclosure Statement if incorporated into and forming part of this contract, all of which will survive the completion of the sale.”

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