Q. Just sign a transaction of Purchase and Sale for a pre construction condo might i change my head? A. After signing the Agreement of Purchase and Sale, you have 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 get the necessary financial confirmation that desire to. If you decide with planet 10 days that you do not want the unit anymore, you're able to cancel the agreement and put your deposit back - but this must be in content articles. Once the 10 days passes, an individual might be bound towards agreement of purchase and sale.
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