The Agreement of Purchase and Sale, explained
The Agreement of Purchase and Sale is the contract that makes an Ontario home sale binding. Here is what it is, how it comes together, and how agreeing the terms online first makes the whole thing faster and clearer.
What the Agreement of Purchase and Sale does
It records everything both sides have agreed and, once signed, binds them to it. Every term you negotiated in the offer ends up here.
It's the binding contract
An offer proposes terms; the Agreement of Purchase and Sale, once signed by both parties, is the contract that holds them to the deal.
It carries every term
Price, deposit, closing date, conditions and inclusions — the same terms from the offer, written up in full.
Your lawyer relies on it
Your real estate lawyer works from the agreed terms to prepare, review and close. The clearer the terms, the smoother the close.
Settle the deal online, then paper it properly
List It's Offer Writer lets a buyer and seller settle every term online before any contract is drawn. When you both agree, you get a Summary of Agreed Terms to hand to your lawyer to prepare the Agreement of Purchase and Sale — or our licensed Ontario brokerage can prepare it for you and hold the deposit in trust.
Get to a signed agreement, faster
Agree price, deposit, closing and conditions online, then take a clean Summary of Agreed Terms to your lawyer — or have our brokerage prepare the Agreement of Purchase and Sale.
Free · no listing neededLearn the steps
Start with writing the offer, or see how the negotiation runs.
List It Realty Brokerage Inc. is not acting for you and does not represent you in this negotiation. Nothing here is legal, financial or professional advice, and the tips are general information only — your situation may be different. You use this tool at your own risk and remain responsible for your own decisions and liabilities. Have a real estate lawyer review any agreement before you sign it. This page is general information, not legal advice; a binding contract forms only once an Agreement of Purchase and Sale is prepared and signed.