Alberta Real Estate Licensing Exam Practice · Question
Alberta new condominium pre-sale purchase agreements include a rescission period of:
The Condominium Property Act gives 10 days to rescind a pre-sale agreement.
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Question: Alberta new condominium pre-sale purchase agreements include a rescission period of:
Answer options:
- 3 days
- 7 days ✅ 10 days
- No statutory rescission
Correct answer: 10 days
Explanation: The Condominium Property Act gives 10 days to rescind a pre-sale agreement.
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