Definition : Offer to purchase (promise to purchase)

Prior contract under which a potential purchaser undertakes to purchase real property for a determined price. It is the first step leading to the deed of sale.

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  You have found the apartment of your dreams. At last, you will buy the property  you have coveted. But before signing the offer to purchase, nagging doubts are in the back of your mind, you have many questions:
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The intervention of the notary is very important when purchasing an apartment in a divided co-ownership. A professional, member of the “Chambre des notaires du Québec” (Québec Chamber of Notaries), he is also a public officer. As such, the notary has without limitation the mission of executing deeds to which the parties wish or are required to endow with authenticity (such as  a declaration of co-ownership). Even though it is preferable that he should get involved at the outset of a transaction, this legal adviser usually gets involved  after the signing of the offer to purchase or of the preliminary contract. The notary, in his capacity of public officer: Warrants the validity of the deed of sale; Is bound to act objectively and to give legal advice to all the parties (equally to the purchaser and the vendor); Is bound to a duty of information to the parties, which means he should give the parties relevant advice and information in relation with the deeds signed before him.
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