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The Contract of Purchase and Sale Explained
Posted on
May 15, 2020
by
David Reimers
Posted in
Accepted Offer, BC Home Sales, BCREA, British Columbia Real Estate Association, Contract, Contract of Purcahse and Sale, CPS, Firm Sale, Greater Vancouver, Home For Sale, Home Sale, Informative Video, Metro Vancouver, Multiple Offers, Negotiating For You, Offer, Property For Sale, Real Estate Contracts, Real Estate Forms, Real Estate Transaction, Subject Offer
The Contract of Purchase and Sale (CPS) is one of the key documents used in a real estate transaction. The attached video created by the British Columbia Real Estate Association (BCREA) will help you understand and answer some of the common questions, such as:
- When does the process begin and when is the Contract of Purchase and Sale used?
- What do the terms in the contract mean?
- What information is included in the Contract of Purchase and Sale?
If you want to know more about the CPS form, feel free to reach out. Always happy to help!
