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The owner waits to receive the Title Deed from the Deeds Office. The Title Deed and Bond Act are then sent to the applicable parties. Taxes are finalized and there is acknowledgement of receipt of document from the relevant parties.
Updated Tuesday, December 11, 2018. When you decide to buy a property, your REALTOR® will prepare what is known as an Offer to Purchase. The standard form used for this is called the Contract of Purchase and Sale. Once accepted by the parties it becomes the contract between the buyer and seller.
Typically, when you're ready to make an offer, you'll meet with your real estate agent and complete the Offer to Purchase form together. You may also want to write your offer with the help of an attorney. Although you can prepare an offer yourself, it's not recommended.
Your legal name, the name of the seller and the address of the property. the amount you're offering to pay (the purchase price) and the amount of your deposit. any extra items you want included in the purchase (for example, window coverings) the date you want to take possession (closing day)