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Mortgage Glossary

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AGREEMENT OF PURCHASE AND SALE


Before signing anything, always consult your lawyer.

The contract of purchase and sale is a binding contract which contains all of the terms and conditions involved in the purchase of a property. It includes the purchase price, the civic address and legal description, mortgage details, occupancy details and a wide range of other possible conditions.


 

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Increasing the amount of your payments

Paying extra on your payment dates

Making lump sum payments

 

 

 

 

 

 

 

 

                   

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