The Contract of Purchase and Sale

Central to any transaction, the Contract of Purchase and Sale (CPS) outlines the terms and conditions on which a transaction takes place. This video will help introduce the CPS, so that when you are ready to make or review an offer, you are familiar with the general content of the form.

The British Columbia Real Estate Association (BCREA) has created this video for REALTORS® to share with their clients to help explain one of the key documents used in a real estate transaction.


The video provides essential information to help consumers understand the Contract of Purchase and Sale, addressing many common questions they may have, including:

  • When does the process begin and when is the CPS used?
  • What information is included in the CPS?
  • What do the terms in the contract mean?
  • And many more …

For more information, contact us!

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