Making an offer: understanding the promise to purchase

Price, deadlines, conditions and documents: what to clarify before submitting a promise to purchase in Quebec.

Set your limits

Before drafting an offer, confirm your budget with your financial professionals and identify the conditions that matter for your situation.

An offer is not just a price. The timeline, inclusions, documents and conditions must be understood by all parties.

Take the time to understand the deadlines and the consequences of each clause. If in doubt, ask for a clear explanation before signing.

Needs vary depending on financing, the property and the context of the transaction. Personalized advice is better than a copied formula.

Keep the signed versions and relevant communications. A shared timeline helps ensure no step is missed.

This article is for information purposes and does not replace legal, financial or professional advice tailored to your transaction.