With the significant demand in pre-construction residential condominiums, clients are seeking the advice and assistance of their real estate sales representatives. These transactions raise many unique and challenging issues that salespeople must be cognizant of including the following:
- Different Types of Condominiums
- Pre-Construction Agreements of Purchase & Sale
- Developer’s Disclosure Statement
- 10 Day Cancellation Period
- Deposits & Interest on Deposits
- Occupancy Closings
- Final Closings
- GST & PST Rebates.