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How a private sale works
The steps mirror a normal closing: a written contract with a deposit and any conditions, then the conveyancing, the mortgage work, and registration at Land Titles. Because a lawyer drafts the contract instead of a standard form, it can fit the actual deal, whether that means a family price below market, a possession date that floats with a build, or a vendor take-back for part of the price.
Family deals get extra care. When a parent sells to a child below market value, the difference is a gift with tax and lending consequences, and lenders have specific requirements for purchases between family members. We paper what your family actually intends, in a form your lender and the CRA can both live with.
What this desk handles
- Purchase agreements for sales without a realtor
- Family and related-party sales
- Deposits held in trust
- Condition drafting for financing, inspection, and condo documents
- Vendor take-back mortgages
- Full conveyancing and Land Titles registration
Where we act
Our lawyers handle private sales files across Alberta from our Calgary office, including Calgary, Airdrie, Cochrane, Okotoks, Chestermere, Edmonton, and everywhere between. Alberta has one Land Titles system, so the closing works the same wherever the property sits. Signing happens at our office, by video where permitted, or with a local commissioner near you.
