Writing Up the Contract
Once you have found the right builder and decided on the home you want, you are ready to work out the contractual arrangements. With large builders, this is usually done at the sales office, where you and the salesperson together work through the items that go into the contract. Alternatively, the builder may write up the contract on their own and present it to you for consideration. Or you may choose to have your lawyer prepare the contract.
Commonly referred to as the Agreement of Purchase and Sale, the contract is a legally binding document that outlines the terms and conditions of your purchase. There is no mandatory or standard contract form; many professional new home builders use forms adapted from model contracts developed by their provincial Home Builders' Association or new home warranty program.