In a BC resale transaction, when may the buyer carry out a pre-completion walk-through of the property?
Correct Answer
D) When and as the contract of purchase and sale allows
No BC statute or regulation sets a standard time for a pre-completion inspection. The buyer's right to view the property before completion comes from the contract of purchase and sale, so the timing, notice and number of viewings are whatever the contract provides.
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A first-time buyer in Ontario asks what percentage of the price the law requires as a deposit with a resale offer. What is the accurate answer?
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In a standard Ontario Agreement of Purchase and Sale, how long does a buyer have to fulfil or waive a condition such as financing or inspection?