Wing Lai > Broker > HomeLife Landmark Realty Inc. Diligently & Sincerely Serving Bonis Ave. & Agincourt Community for over 10 years and counting

10 Days Cooling Off Period


預建共管柏文–10天的冷靜期

購買預建共管柏文,與購買既有物業有些許不同。您或許已經聽說過您有10天的時間可以考慮。事實正是如此。這是您享有的一項獨特保護機制。許多人還不知道這個10天冷靜期到底是什麼,那麼,希望這篇文章將為您答疑解惑。
 
當您在多倫多購買預建柏文時,您首先可能會發現,需要簽署的文件比重售房《買賣協議》的文件多了許多。其中的邏輯是,因為柏文是共管物業而且建築尚未建成,因此有更多的法律內容需要納入協議。一般來說,一份預建共管柏文的協議共約35頁長,這顯然長到無法在短時間內與銷售代表一起通讀。正因如此,才有這個10天的冷靜期。在多倫多,您一經簽署購買預建共管柏文的協議,即可依法擁有10天(包括週末)時間,去找您的律師或自己審閱協議中所陳述的一切內容。如果出於某些原因,您自己決定,或您的律師建議您這對您或許不是最佳選擇,您可以在10天內將協議退還開發商,而無需負擔任何損失。
 
這冷靜期對於那些真的想找律師來詳細審閱協議中所有法律細節的人來說,是個理想保護機制。在當今的行業內,您會發現許多人正在濫用10天冷靜期,一邊把持著柏文單位,實際上卻四處物色更好的買賣。依我之見,在購買預建共管柏文之前,做足研究,讓您的地產經紀向正確的方向引導您。利用這冷靜期去找律師指出協議中的任何暗藏開支,以及可能直接影響到您的任何其他細節。
 
如果您正在物色多倫多的預建共管柏文,或想獲得更多有關多倫多共管柏文的總體資訊,請致電或電郵聯絡黎永傑先生,電話:416-456-3630,電郵:winglai@trebnet.com

 

10 Day Cooling Off Period for Preconstruction Condos
 
Buying a preconstruction condo unit is somewhat different with a freehold property. You might have heard of that you have 10 days to think about it. Yes you are. This is one of the unique protections that you have. Many people still not sure what exactly is the 10 Days Cooling Off Period so hopefully this article will clarify any unanswered questions you may have.
 
When you purchase a preconstruction condo in Toronto, the first thing you may realize is that the documents to be signed are substantially more than those of a resale Agreement of Purchase and Sale. The reasoning for this is that there is a lot more legal content that must be included in the agreement as this is a condo unit and the condo building is not yet built. In total, an average preconstruction condo agreement is about thirty five pages, clearly too long to read through with the sales representative in a short time. This is when the 10 day cooling off period comes into play. Once you have signed the agreement of purchase of sale for a preconstruction condo in Toronto, you will legally have 10 days (weekends inclusive) to have your lawyer, or yourself if you choose to review everything stated in the agreement. If for some reason, you decide or your lawyer advises you that this is perhaps not the best choice for you, you can return the agreements to the builder within in the 10 days at no loss to you.
 
In my opinion, the 10 days cooling off period is ideal for those who truly would like a lawyer review in detail all of the legalities of the agreement. In today’s industry, you will find a lot of individuals abusing the 10 day cooling off period to hold units while they essentially shop around for deals. What my advice is? Do your research prior to buying a pre construction condo and have your realtor guide you in the right direction. Use your 10 days to have your lawyer point out any hidden costs in the agreement as well as any other details that may directly affect you.
If you are looking for a Toronto preconstruction condo, or would like more information on Toronto condos in general, call or email Wing Lai at 416-456-3630 or winglai@trebnet.com.

 

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