New Videos Highlight Key Areas of Contract of Purchase and Sale
CATEGORY: Standard Forms
TAGS: Buyers Agency Exclusive Contract Contract of Purchase and Sale Listing Contract Standard Forms Standard Forms Resource Centre Standard Forms Videos
By Ellen Baragon, Guest Contributor
Given that the Contract of Purchase and Sale (CPS) is a foundational document to any real estate transaction, REALTORS® need to know the fine details that can make or break a Contract of Purchase and Sale.
To that end, BCREA has created a new tutorial video series that reviews key aspects of the Contract of Purchase and Sale for residential properties. These important topics include:
- completion, possession and adjustment dates,
- included and excluded items,
- risk, and
Standard forms such as the CPS support Realtors in their practice and help facilitate transaction between the between the seller and the buyer, while guiding negotiations between the parties.
Having a thorough knowledge of all aspects of the CPS will help you better support, empower and protect your clients during a real estate transaction.
To watch the complete CPS tutorial video series for Realtors, click here.
To see a version designed to help your clients better understand the Contract of Purchase and Sale, click here.
BCREA has also created tutorial videos on the following topics:
For more Standard Forms resources, including training toolkits that offer a comprehensive look into a variety of common standard forms, visit BCREA’s Standard Forms Resource Centre (REALTOR Link® login required).
To subscribe to receive BCREA publications, or to update your email address or current subscriptions, click here.
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