Is Selling a Condo Different
from Selling a House?

A simple answer to this question about selling a condo?

Not Really

Aside from a different form of agreement of purchase and sale, from a seller's perspective, there's really no difference between a condo sale and a freehold.

You list your condo for sale with your REALTOR®, once again, on a different listing contract. It's marketed in the usual manner, and when an offer is registered, your REALTOR® will present it to you for consideration.

Your lawyer's work is a little different, but that's for them to deal with.

You'll be asked to provide the buyer with a ...

Status Certificate

... which is a document from the property management for your condo. It's a report card on the financial and legal health of the condominium corporation of which your unit is a part. The buyer's lawyer will want the opportunity to review this package prior to their client removing a condition pertaining to same. This is standard procedure for every condo sale.

To learn more about selling a condo, from a buyer's perspective, explore other related pages on this website, exchanging the words 'house' and 'home' for condo. Even though some pages are written from a buyer's perspective, or for a freehold property, it's mostly all applicable.

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