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Additional Name buyer

Notwithstanding section 20A of this Contract, the Buyer may, without the further consent of the Seller, add (insert name(s) of a specific person(s)) as an additional buyer prior to completion and the Seller agrees to sign completion documents as are necessary to reflect that addition. The Seller’s consent does not release the Buyer from liability under this Contract.

Considerations

Real Estate Professionals will need to consider the Notice to Seller Regarding Assignment Terms per regulation.

Authors

https://www.bcfsa.ca/industry-resources/real-estate-professional-resources/knowledge-base/clauses/clauses

Disclaimer: This article is for informational purposes only and should not be considered as financial or investment advice. Real estate investments carry risks, and individuals should conduct thorough research and seek professional guidance before making any investment decisions.

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