Practical Guide #2
Offer to Purchase Template Explained
Making an offer to purchase is more than a formality.
It’s a binding legal agreement with real consequences.
Below is a simplified example of an offer to purchase, broken down section by section, to help you better understand what you're signing.
Sample Offer to Purchase (with Explanations)
- Basic Information
Buyer’s Name: Jude Tremblay
Seller’s Name: Sophie Gagnon
Property Address: 1234 rue des Pins, Montréal, QC
Make sure all names are spelled correctly
Double-check the full property address (including lot number if available) - Offered Price
Purchase Price: $435,000
Deposit: $10,000 to be submitted upon signing
The deposit (also called a down payment) is usually held in trust by the broker or notary. - Conditions
Financing: Conditional on securing a mortgage of at least 80% of the purchase price.
Inspection: Conditional on a satisfactory inspection within 7 days of acceptance.
Title Insurance: Buyer reserves the right to purchase title insurance at their own cost.
Each condition should include a clear deadline and be carefully worded.
Poorly written conditions can be difficult to enforce. - Deadline for Acceptance
Deadline: Monday, May 5 at 5:00 p.m.
If the seller hasn’t accepted by then, the offer becomes null and void. - Signing at the Notary’s Office
Date: June 18, 2025
Designated Notary: Me Camille Trudel
It’s strongly recommended to choose a notary before submitting your offer.
This avoids delays and gives you time to ask questions. - Occupancy Date
Move-in Date: July 1, 2025
The occupancy date can differ from the signing date.
The notary will adjust financial calculations accordingly. - Inclusions / Exclusions
Inclusions: Appliances, light fixtures, blinds
Exclusions: Bosch dishwasher
Be specific. Avoid vague terms like “some furniture” or “appliances as needed.” - Appendices
- Property appraisal (if available)
- Summary of recent renovations
In Summary
An offer to purchase is a legal document that deserves real attention.
Before signing, ask yourself these 3 questions:
Do I clearly understand each clause?
Are my conditions realistic and well-defined?
Should I have a notary review it before I sign?
Want a quick legal review?
With Notairo, you can get your offer reviewed by a notary within 24 hours —
no commitment required for the rest of the transaction.
