The Warranties Section of the Purchase Contract Explained | Alberta Real Estate Q&A

In this Q&A session, Raman breaks down one of the most important sections of the Alberta Residential Purchase Contract — Warranties and Representations. This section outlines what the seller is guaranteeing to the buyer, including:

🏡 Legal right to sell the property

📄 No outstanding liens or encumbrances on included goods

📍 Compliance with city bylaws and restrictive covenants

🌿 Proper permits for improvements and no material latent defects

We'll also touch on special scenarios like non-resident sellers, leased equipment (like water heaters or solar panels), and how restrictive covenants can affect a transaction. Whether you're a future licensee preparing for your exams or already in practice, understanding this section is crucial for smooth transactions and protecting your clients.

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