I forgot to include a condition in my offer to buy a home. Can I add it after my offer has been accepted?
Any offer that has been accepted is considered a binding contract. Therefore, you cannot add or alter the terms or conditions after an offer has been accepted unless the other party consents to these changes. This would typically be done through the use of an amendment form.
However, you should know that the seller may not consent to new conditions, especially if they conflict with their plans or are in any way detrimental to them.
That’s why it’s important to do your due diligence in advance. Talk to your registered real estate professional and make sure you include all of the conditions that are important to you in the offer you submit.Joseph Richer is Registrar of the Real Estate Council of Ontario (RECO). He is in charge of the administration and enforcement of all rules that govern real estate professionals in Ontario. You can find more tips at reco.on.ca, follow on Twitter @RECOhelps or on YouTube at http://www.youtube.com/RECOhelps.