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New Build Purchase Agreement Review

A legal transaction that should never be done without a detailed written contract. At Pace law real estate, our trusted lawyers will help you draft a strong new build purchase agreement which can save you from potential drawbacks in the future. An agreement of purchase informs both parties (assignee and the builder) of their rights, restrictions, obligations, along with the terms and conditions of their new build purchase.

REVIEWING YOUR CONTRACT

New build agreement of purchase and sale differ from builder-to-builderー there is no standard form for buying a new home. It is vital to read the contract carefully upon signing because often, builders draft their own agreements which in hindsight, may benefit the builder by capitalizing from the assignee. To prevent this, drafting a well-written contract for reference is necessary in case of a potential misunderstanding/disagreement between you and the builder. Without a written document, future claims can be difficult to prove as word-of-mouth is not valid evidence.

TRUSTED TORONTO REAL ESTATE LAWYERS

The legal team of professionals at Pace law real estate are equipped with the knowledge and expertise to guide you through the meticulous documentation process and will ensure that you are aware of your rights each step of the way. Our team of highly skilled professionals at Pace law real estate will draft a well-written impediment-free new build purchase agreement which can save you time and money in the long-run. Contact Pace law real estate to review/draft your new build purchase agreement today!