The Importance Of Including Conditions In An Offer.

Feb 2, 2023 | Buying, Tips and Tricks

As a buyer, it’s important to ensure that you and your real estate agent are protecting your best interests when entering into a real estate transaction. One way to do this is by including conditions in your offer on a property known as the agreement of purchase and sale. These conditions are essentially clauses that outline specific actions that must be taken, or certain conditions that must be met before the sale of the property can be completed.

There are several different types of conditions that you may want to consider including in your agreement of purchase and sale. For example, you may want to include a financing condition, which allows you to back out of the sale if you cannot obtain financing for purchasing the property.

Another condition you may want to consider is a home inspection condition, which allows you to have a professional inspection of the property and to back out of the sale if the inspection reveals any issues that are not acceptable to you as the purchaser. Other conditions you may want to include could be a condition related to the status of the property’s title, a condition related to the property’s zoning, or a condition related to the property’s environmental condition.

It’s important to keep in mind that the conditions included in your agreement of purchase and sale should be reasonable and can be negotiated between you and the seller. You should also consult with a real estate professional or lawyer to ensure that your interests are adequately protected.

Including conditions in your agreement of purchase and sale can help protect your interests as a buyer and give you peace of mind during the real estate transaction process. Be sure to consider which conditions are appropriate for your situation carefully and to negotiate them with the seller.

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For sale $799,900
96 RIVERSTONE WAY, Belleville, Ontario

96 Riverstone Way

Belleville, Ontario

3 Bedroom 3 Bathroom
RE/MAX Community Realty Inc.
For sale OPEN HOUSE $599,999
19 CURTIS STREET, Prince Edward County, Ontario

19 Curtis Street

Prince Edward County, Ontario

3 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Century 21 Lanthorn Real Estate Ltd.
For sale $499,900
139 LORNE AVENUE, Quinte West, Ontario

139 Lorne Avenue

Quinte West, Ontario

5 Bedroom 3 Bathroom 2,000 - 2,500 ft2
Exp Realty
For sale $950,000
4 DEERVIEW DRIVE, Quinte West, Ontario

4 Deerview Drive

Quinte West, Ontario

2 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Royal LePage Proalliance Realty
For lease $15 / ft2
360 PINNACLE STREET, Belleville, Ontario

360 Pinnacle Street

Belleville, Ontario

4 Bathroom 13,400 ft2
Royal LePage Proalliance Realty
For sale $1,738,000
2961 VICTORIA ROAD, Prince Edward County, Ontario

2961 Victoria Road

Prince Edward County, Ontario

3 Bedroom 2 Bathroom 2,000 - 2,500 ft2
Royal LePage Proalliance Realty
For sale $799,000
0 COUNTY ROAD 39, Prince Edward County, Ontario

0 County Road 39

Prince Edward County, Ontario

Century 21 Lanthorn Real Estate Ltd.
Century 21-Lanthorn Real Estate Ltd.
For rent $2,125 Monthly
2 DUNDAS Street W Unit# 501, Belleville, Ontario

2 Dundas Street W Unit# 501

Belleville, Ontario

1 Bedroom 1 Bathroom 652 ft2
The Agency
For sale OPEN HOUSE $699,900
23 MACKENZIE JOHN CRESCENT, Brighton, Ontario

23 Mackenzie John Crescent

Brighton, Ontario

2 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale OPEN HOUSE $860,400
16 MACKENZIE JOHN CRESCENT, Brighton, Ontario

16 Mackenzie John Crescent

Brighton, Ontario

3 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale OPEN HOUSE $840,400
14 MACKENZIE JOHN CRESCENT, Brighton, Ontario

14 Mackenzie John Crescent

Brighton, Ontario

3 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale OPEN HOUSE $758,900
7 MACKENZIE JOHN CRESCENT, Brighton, Ontario

7 Mackenzie John Crescent

Brighton, Ontario

3 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Royal LePage Proalliance Realty
For sale $949,000
84 COUNTY ROAD 1, Prince Edward County, Ontario

84 County Road 1

Prince Edward County, Ontario

6 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Chestnut Park Real Estate Limited
For rent $22 Monthly
180 FRONT STREET, Belleville, Ontario

180 Front Street

Belleville, Ontario

5 Bathroom 6,000 ft2
Ekort Realty Ltd.
For sale $699,800
46 BARKER STREET, Prince Edward County, Ontario

46 Barker Street

Prince Edward County, Ontario

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Harvey Kalles Real Estate Ltd.
For rent $3,000 Monthly
32 GARDINER STREET, Belleville, Ontario

32 Gardiner Street

Belleville, Ontario

3 Bedroom 2 Bathroom
RE/MAX Community Realty Inc.
For sale $1,875,000
0 LOYALIST PARKWAY, Prince Edward County, Ontario

0 Loyalist Parkway

Prince Edward County, Ontario

Exp Realty
For sale $885,000
926 GRILLS ROAD, Quinte West, Ontario

926 Grills Road

Quinte West, Ontario

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Exit Realty Group
For sale $399,900
221 COLEMAN STREET, Belleville, Ontario

221 Coleman Street

Belleville, Ontario

6 Bedroom 3 Bathroom
RE/MAX Quinte Ltd.
For sale $879,000
11 GILBERT CRESCENT, Prince Edward County, Ontario

11 Gilbert Crescent

Prince Edward County, Ontario

2 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Royal LePage Proalliance Realty
For rent $2,200 Monthly
17 HIGHWAY 33, Quinte West, Ontario

17 Highway 33

Quinte West, Ontario

1,230 ft2
Homelife New World Realty Inc.
For sale $449,900
291 PINNACLE STREET, Belleville, Ontario

291 Pinnacle Street

Belleville, Ontario

3 Bathroom 1,500 ft2
Royal LePage Proalliance Realty
For sale $600,000
781 SALEM ROAD, Prince Edward County, Ontario

781 Salem Road

Prince Edward County, Ontario

4 Bedroom 3 Bathroom 2,500 - 3,000 ft2
RE/MAX Quinte Ltd.
For sale OPEN HOUSE $2,299,999
13762 LOYALIST PARKWAY, Prince Edward County, Ontario

13762 Loyalist Parkway

Prince Edward County, Ontario

5 Bedroom 3 Bathroom
Royal LePage Proalliance Realty