Document background
The Contract To Sell House By Owner is specifically designed for property owners in Canada who choose to sell their properties without the involvement of a real estate agent. This approach, often called "for sale by owner" (FSBO), requires a comprehensive agreement that protects all parties' interests while ensuring compliance with Canadian federal and provincial real estate laws. The document incorporates essential elements such as property description, purchase price, payment terms, conditions of sale, and closing requirements. It's particularly relevant in situations where sellers want to maintain direct control over the sale process and save on agent commissions, while still maintaining legal compliance and transaction security. The agreement must account for various provincial regulations, property transfer requirements, and specific conditions that may affect the sale in Canadian jurisdictions.
