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Subject Removal – How to Remove Subjects on your Offer

Businessman Signing House ContractGood 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

Not intended to solicit properties currently listed for sale or buyers under contract.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and indentify the quality of services provided by real estate professionals who are members of CREA.Used under license. Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2016 Century 21 Canada Limited Partnership!

All data and information provided in this article is for informational purposes only. Alex Ma makes no representations as to accuracy, completeness,currentness, suitability, or validity of any information in this guide and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

 

 

 

Alex Ma
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Alex Ma

Vancouver Realtor at Century21 In Town Realty
Looking for a knowledgable realtor in the Metro Vancouver area? Someone who will make your best interests their own?

My name is Alex Ma, and I will work tirelessly to provide you the best real estate services from Vancouver to Chilliwack! Feel free to reach me by text or call 778-242-1119. I'll be more than happy to answer any questions you might have, or assist you with any of your real estate needs.
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