The offer to purchase, also called the promise to purchase, is a legal document that is binding on you as buyer to the seller of a property.  It stipulates some essential information: the selling price of the property, the terms and conditions of the sale, the anticipated occupancy date, conditions affecting the sale, warranties, inclusions and exclusions, etc.

Once signed by both parties, the offer to purchase constitutes a legal obligation, i.e. the buyer and seller are required to respectively buy and sell in accordance with the terms and conditions stipulated in the offer.  

It is therefore essential that the offer to purchase be drafted correctly.  Whether you are the buyer or seller, Morris & Dupuis can assist you in this important step; together we ensure that your purchase offer properly states your mutual obligations.