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Final walkthrough before closing

Français : Inspection finale avant clôture

Property visit by the buyer within 24-48 hours before closing to verify property condition matches purchase offer conditions and agreed inclusions are present.

Definition

The final walkthrough (pre-closing visit) is the buyer's right to verify the property one last time before signing the deed of sale. It is not a technical inspection — it is a verification that:

- The property is in the same condition as at the time of the accepted offer (no new damage) - All inclusions listed in the purchase offer are present (appliances, light fixtures, blinds) - The seller has vacated the premises - Work promised in the counter-offer or conditions has been completed

What to do if problems are discovered: - Damage since inspection: inform notary immediately — a fund holdback can be negotiated - Missing inclusions: the notary can hold back an equivalent amount from the sale proceeds - Property not vacated: possible closing delay

The final walkthrough is strongly recommended but not legally mandatory. It is often included as an implicit condition in the OACIQ purchase offer.

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This definition is provided for informational purposes only and does not constitute legal, tax, or financial advice. For a personal situation, consult an AMF-licensed mortgage broker, notary, accountant, or the relevant financial institution.