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When your selling your home, understanding the contract of purchase and sale is the most important thing you can do. For the most part you should have a BC Realtor that can explain this contract. When you are considering that initial offer to purchase your property I would recommend that you get independent professional advice. If you have decided to sell your home independently, you should always hire the help of a lawyer to review this contract. For an agreement to be legally binding it is important to verify that the full legal names of all parties are correct, as well as the legal description, address and lot size. If all this information is accurate and does not need to be altered then you may actually have a workable contract. However, If the information is inaccurate, it must be corrected and initialed by both the buyer and the seller.

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