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 Understanding the  CPS (Contract of Purchase and Sale)


The British Columbia Real Estate Association (BCREA) has created a video for REALTORS® to share with their clients to help explain one of the key documents used in a real estate transaction: the Contract of Purchase and Sale (CPS).
 
Central to any transaction, the CPS outlines the terms and conditions on which a transaction takes place.


This video provides essential information to help consumers understand the CPS, addressing many common questions you may have, including:

  • When does the process begin and when is the Contract of Purchase and Sale used?
  • What information is included in the Contract of Purchase and Sale?
  • What do the terms in the contract mean?
  • And many more

If you have any question please feel free to reach out and contact me directly.




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