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Q. If i sign a transaction of Purchase and Sale for a pre Construction condo let me change my thoughts? A. After signing the Agreement of Purchase and Sale, have got a 10 day cooling off period (don't confuse this with buying resale real estate, this really is only for pre Construction). During this time, have your lawyer review the documents and receive the necessary financial confirmation that you would like. If determine with typically the 10 days that you are not want the unit anymore, you are able to cancel the agreement and receive your deposit back - but this must be in coming up with. Once the 10 days passes, are usually bound towards agreement of purchase and sale.

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