Get Promise To Purchase Divided Co-ownership - Oaciq

Filling out the Promise To Purchase Divided Co-ownership - OACIQ form is an essential step for buyers and sellers engaging in real estate transactions in Quebec. This guide provides a detailed, step-by-step approach to assist you in completing the form accurately and efficiently online.

Follow the steps to complete your purchase agreement.

1. Click ‘Get Form’ button to obtain the form and access it in your document editor.
2. Begin with the identification of the parties involved. Enter the names, addresses, phone numbers, and emails for Buyer 1 and Seller 1. If there are additional buyers or sellers, include their details in the corresponding sections.
3. Specify the broker or agency involved in the transaction, if applicable. Fill in the broker’s license number and relevant business information.
4. Describe the immovable property being purchased. This includes the street address, apartment number, and any cadastral description. Ensure to include any additional rights associated with common portions of the property.
5. Outline the price and deposit. State the total purchase price and indicate whether the property is subject to taxes. Specify the deposit amount and provide relevant payment instructions.
6. Detail the method of payment by entering amounts for the deposit, any additional sums, and information regarding any new or existing loans.
7. Review the conditions regarding inspections, obligations of the buyer, and any waiver rights the buyer may wish to assert.
8. Complete the obligations of the seller, which include declarations regarding ownership, occupancy, and any documentation required for the buyer.
9. Fulfill the common obligations of both parties related to the deed of sale, including timing and occupancy dates.
10. Finally, ensure each party signs the form, confirming their acceptance of the terms. Save, download, or print the completed document as necessary.

Start filling out your Promise To Purchase Divided Co-ownership - OACIQ form online today!