If you are interested, please fill out a worksheet.

The contract will be sent via DocuSign. Clients typically have a maximum of 12 hours to sign the purchase agreement to begin the 10-day cool off period. If the agreement is not signed within 12 hours from when the contract is sent, it will automatically expire at that time.

We provide a 10-day cooling off period. Anytime within and up to the 10th day, if you wish to cancel your offer you can, with any monies received by the developer being refundable back to you.

You can deliver the deposit by bank draft to a local branch and wire transfer the deposit funds. Detailed wire instructions will be provided when a purchase agreement is signed.
NOTE: If the initial deposit is NOT received within one business day of signing the purchase agreement, it will automatically expire at that time.

Refer to the project’s online portal and see the Pricing & Payments download page.

Additionally, it can be found on the second page of your purchase contract.

There are varied deposit options depending on the Developer and the project. Please refer to the Pricing & Deposit structure emailed to you when you Registered.

Condo fees vary per project, check the details in the marketing materials emailed to you when you Registered for a specific project. 

Estimated closing date will vary depending on the project, refer to the marketing materials emailed to you when you Registered. Typically, closing dates range between 2-4 years after construction begins, but every project is unique.

Yes , Mortgage Approval can be provided from a mortgage broker or any major Canadian financial institution.

Assignments are permitted however the purchaser is responsible for any legal cost associated with the assignment, estimated to be $700 – $1,000.

Yes, to do land title registration, the lawyer who processes the closing documents needs to be in Alberta. You can sign your closing documents from the comfort of your own home – Lawyers in Alberta can sign closing documents via zoom, and then you can courier them back to you.

On closing day a member from our service team will attend the walk-through, identify any deficiencies and email a copy of the warranty letter of possession for the customer to sign to complete your enrolment of your property in the Alberta New Home Warranty Program.

Your total closing cost should be approximately $1,350 dollars for a legal representative to convey your purchase in Alberta. They do not need to be physically located in Alberta but must be licensed to practice in Alberta. We have also partnered with Kahane Law to provide you unmatched service and unbeatable rates in Calgary should you want to use a local representative.

You must always refer to your Agreement. However, most projects there are no hidden costs such as levies or transfer taxes. One big advantage in Alberta is that there is no land transfer tax or sales tax. Your purchase price does not include GST, unless otherwise noted.

Refer to the highlighted website link noted near the end of your purchase contract that includes a direct link to all condo disclosure documents.

The owner sets up & pays for the utilities for their unit. Most utility providers require lead times of 3-4 weeks to have the transition
be smooth. The most popular services are Enmax, ATCO Gas, and Direct Energy.

If you purchased a condo or townhome, you require condo owner content insurance. If you purchased a single-family home, street town or duplex, you require full property coverage insurance.

Refer to the property tax calculator for an estimate here:
https://www.calgary.ca/pda/assessment/revenue-neutral-policy-and-calculator.html?redirect=/taxcalculator

There is no escalation clause, the price will not increase on closing.

You can stay up to date with the progress of the project or your unit on our website or by clicking the link below:

Construction Updates

Please email the developer to arrange an appraisal.

Most developers provide notice of completion 30-90 days prior to possession, via email.

Please provide us a minimum of 30 days notice prior to possession.

The property management company,  will take both sets of keys – one for the tenant, one for themselves. Upon
completion of the rental guarantee term, your new property manager, yourself or a representative on your behalf, will be
responsible for picking up your keys from the property management company.

If they’re looking to confirm that we have registered your unit, they can confirm and look up the builder number via the link here:
https://residentialprotection.alberta.ca/public-registry/Property

As the purchaser, you do not need to enroll for Alberta New Home Warranty. Upon possession, you will receive the warranty
certificate and builder number. Within 2 weeks from closing, Alberta New Home Warranty will send the owner a package via
email or mail.

The property management company, will reach out to you 1-2 weeks after closing to obtain your banking details and
answer any questions regarding your tenant’s lease.

Statement of adjustment is sent to your lawyer, and is provided up to 60 days prior to closing. Please check with your lawyer.

If you haven‘t already provided your Lawyer’s information, please email it to the developer.
Please reach out to your mortgage broker and lawyer to confirm all information and paperwork is ready and up to date, to ensure there are no delays for closing.

You may be able to continue with the current management company that is in place. Alternatively, we have a number of highly accomplished property management companies you can speak with. Many of these companies are currently working with our clients or have worked with our Clients in the past.  You will be responsible for hiring your own property manager or managing your unit yourself. If you’re looking for a place to start your search, Rentfaster has 60+ property management companies they recommend, sorted by the number of active listings. View that list here: https://www.rentfaster.ca/ab/calgary/property-management/