Four Important Dates When Buying a Home

1 Seller’s Acceptance:

Every offer will specify a date and time the offer is “open” for consideration by the Seller.

2 Subject Removal:

Date by which you must sign an addendum confirming your subjects have been satisfied.

3 Completion Date:

Money transfers from your Lawyer/Notary to the Seller’s Lawyer/ Notary and title to the property is registered in your name at the Land Title’s Office. Your Lawyer/Notary will require you to sign documentation and provide any money owing a day or two ahead of this date

4 Possession Date:

This is the day you receive the keys and are allowed to move into the property. Possession is typically at noon on this day. This date is also the date used to calculate the adjustments of annual property taxes, condo fees, etc.

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.