Standard Forms Required When Buying Whistler Real Estate

Working with a Realtor Pamphlet

This is an informational pamplet that provides information about the legal Agency relationship between a Realtor and their clients (Buyers and Sellers alike), as well as information concerning the Privacy Act as it relates to your personal information. This form is not a contract, it is a “sign as having read” document.

 

Disclosure of Remuneration

Prior to you making an offer, we are required to disclose to you, as a Buyer, the total commissions and any other remuneration we expect to receive as a result of your buying real estate in Whistler.

 

Limited Dual Agency Agreement

In the event that Thonrhill Real Estate Group is are acting for both Buyer and Seller, both parties will be required to sign a Limited Dual Agency Agreement, acknowledging that as a brokerage we have disclosed that relationship. When acting in a limited dual agency role, we are unable to reveal reasons for the sale/purchase, any personal information about the Buyer or Seller, or the financial limits of either party.

 

Contract of Purchase and Sale

This is the most significant document you will run into during the Buying process. It’s very straight forward and we will help you understand it and fully complete it.

 

Subject Removal Form

If you have any subjects in your offer (Contract of Purchase and Sale), in order to make your offer firm and binding, you’ll have to “remove” these subjects. This is done simply by inserting the words, “To remove the following subjects” at the top of an addendum to your contract and reprinting the subjects you wish to remove below.

 

FINTRAC Form

This is a mandatory form, required for the purchase or sale of all real estate in Canada. It has been instituted in an attempt to reduce money laundering and organized crime activity related to real estate. It requires Buyers and Sellers to produce qualifying ID to their agent or mandatory. Your purchase cannot proceed without this form being submitted complete.

 

Legal: Conveyance and mortgage documents

Your legal representative will handle these documents for you and explain what is needed to complete your purchase.