Why do I need an Agreement of Purchase and Sale?

This is a document that is used in Ontario when real estate is being purchased and sold. This is always required when a borrower (applicant) is applying for a mortgage through a lender. The document must include a fully completed purchase and sale agreement.

How do you get you Agreement of Purchase and Sale?

This is a key document that will be signed by the home buyer upon the purchase of the home.

Example of an Agreement of Purchase and Sale