Trusted Purchase & Sale Agreements Attorney Serving Vancouver Families
A Purchase and Sale Agreement (PSA) is the last document needed to finalize a sale or purchase of a real property. It outlines the agreed upon terms and conditions of sale and all other specifics necessary. This document is legally binding and concludes the sale. Neither party can back out once the PSA has been signed.
Completing Due Diligence
Because a PSA is a binding agreement, it is imperative you work with an experienced real estate attorney. If you choose not to work with a qualified lawyer you may be agreeing to terms you’re not actually aware of or comfortable with accepting. Together with Mr. Mayhew, you’ll make sure the PSA matches what you’re expecting and what the other party promised.
What is Included in a PSA?
Some of the information contained in a PSA includes, but is not limited to:
- Purchase price
- Type of transaction
- Names and addresses of all involved parties
- Post-closing rights & obligations
- Dispute resolution terms
James takes pride in helping his clients understand what they are getting and what they are committing themselves to in a Purchase and Sale Agreement. Before you pull the trigger on your next home, contact a trusted real estate lawyer today.