The offer to purchase, made simple
An offer to purchase is the document that sets out the terms of a home sale. Here is what it contains in Ontario — and how List It turns the terms you and the other party agree into a clean, lawyer-ready summary you can take to your lawyer.
What's in an offer to purchase
Whatever it is called — an offer to purchase, a purchase offer, or an agreement of purchase and sale once it is signed — the same terms appear every time.
- The parties — who is buying and who is selling
- The property — the address and what is included
- The price being offered
- The deposit and how it is held
- The closing date
- The conditions — financing, inspection, status certificate, lawyer review and any others
- How long the offer is open for the other side to answer
From agreed terms to a document you can send
You do not fill in a blank form on List It. Instead, you and the other party agree the terms in the Offer Writer, and it produces a Summary of Agreed Terms — a clean PDF with both parties' details and every term — that your lawyer uses to prepare the binding Agreement of Purchase and Sale.
Get a clean summary to take to your lawyer
Agree the terms online, export a PDF Summary of Agreed Terms with both parties' full contact details, and hand it to your lawyer to close — or have our brokerage prepare the agreement for you.
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Learn how to write the offer, or what the Agreement of Purchase and Sale is.
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. The Summary of Agreed Terms records what the parties agreed; it is not legal advice, and a binding contract forms only once an Agreement of Purchase and Sale is prepared and signed.