Video: Understanding the Contract of Purchase & Sale

Posted by Denise Brown PREC on Tuesday, June 30th, 2020 at 11:16pm.

The Contract of Purchase & Sale outlines the terms and conditions on which a transaction takes place.  Prepared by the BC Real Estate Association. 

The video provides essential information to help consumers understand the CPS, addressing many common questions they 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


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