Definition : Inspection - Pre-purchase inspection

An inspection by a professional, consisting of the visual examination of the building and the preparation of a report describing its physical condition. This inspection is carried out generally before the parties sign the deed of sale.

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Buying an apartment in a co-ownership is a major investment in a lifetime. To avoid being caught off guard during the process leading to your purchase, you should seek proper assistance.
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When the time comes to sign an offer to purchase, certain elements of the sale may be outside your control. This happens when you must sell your present residence or if you must obtain a hypothecary loan before purchasing the new property. There are other intangibles, such as not having the information on hand to carry out a due diligence verification before the purchase.
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