Subject Removal – How to Remove Subjects on your Offer
Good Job! Your offer has been accepted by the sellers. Now you must remove the subject clauses within a specified period of time.[ ] How long do you have to remove subjects by? __________ [ ] What subjects did you write in the offer? [ ] Did you find a building inspector and set a time for him to inspect the place that works for the sellers? [ ] Have you read the building inspectors report? [ ] Did you read the documents that your realtor provided you?
Whether you are buying a Strata Unit or a Detached Dwelling check the documents that are applicable to your situation:
Strata Unit[ ] Form “B” or estoppel certificate [ ] Registered strata plan, amendments, and resolutions dealing with changes to the common property [ ] Current by-laws and last 2 years’ of minutes [ ] Financial statements [ ] Engineer’s report or building envelope report [ ] Title search [ ] Property disclosure statement (Strata Title Properties Act) [ ] Have you secured your mortgage?
Detached Dwelling[ ] Property disclosure statement [ ] Title search [ ] Survey certificate [ ] Building inspection report [ ] Have you secured your mortgage? [ ] Have you verified the size of the dwelling, and are the room measurements approximate? [ ] Have you signed the Addendum stating that you will remove the subjects? [ ] Have you provided a bank draft or certified cheque made out to your real estate agency “in trust”?
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This article was rewritten from REW.ca
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