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Buyers: It is incumbent upon the seller, not the
buyer, to pay the
broker's fees.

Sellers: A commission is negociable.





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Offer of Purchase and Sale
The document through which the prospective buyer sets out the price and conditions under which he or she will buy the property.

Owner Financing
A property purchase transaction in which the property seller provides all or part of the financing.



Source: The Canadian Real-Estate Association (http://www.crea.ca)











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