Put it in writing

It might go without saying, but it is important to have all of the details of your real estate contract written down at the time of agreement. I have seen many people who had a verbal agreement that the sellers would leave a particular item, but it wasn’t in the written agreement and so there are limited options if the seller takes that item (or doesn’t do the repair, etc.). When you receive an offer or counter-offer, either accept it, reject it, or counter – clearly, in writing.

By Cesia

Cesia is a real estate lawyer at Wall-Armstrong and Green, a boutique law firm in Barrie focusing on real estate and estates. When she's not online, she can usually be found in her garden.

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