Step One

VIP Registration & Project Selection

We match you with current Calgary and Alberta opportunities based on your budget, timeline, and goals — townhomes, wood-frame condos, or concrete high-rise. You receive floor plans, pricing, and incentive packages before they're widely available.

Step Two

Agreement & Deposit

You sign a Purchase Agreement directly with the builder. Deposit structures in Calgary vary by property type:

• Freehold townhomes & detached: Typically a single lump sum of 10% — often paid at signing or shortly after
• Condos & mid-rise: Usually staged — small amount at offer, balance to 5% at 30 days, another 5% at 90–180 days
• Luxury high-rise: May require 15%, occasionally higher for non-resident buyers

Step Three

Rescission Period

Your rights depend on property type — and this matters significantly.

• Pre-construction condominiums (including condo-titled townhomes): Alberta law mandates a 10-day rescission period under Section 12 of the Alberta Condominium Property Act. You can cancel for any reason within 10 calendar days of receiving your signed Purchase Agreement or Disclosure Documents — whichever comes later — and receive a full deposit refund. This right cannot be removed by a builder's contract.
• Freehold homes (detached, duplex, freehold townhome): There is no automatic rescission period in Alberta. You are bound to the contract the moment you sign — unless your agent has negotiated a Solicitor Review Condition or Financing Condition into the offer beforehand. We do this as standard practice.

Step Four

Construction & Possession Notice

Alberta builders are not governed by a legislated notice framework. Timelines are set by your Purchase Agreement. In practice: a rough target window 90–180 days out, followed by a firm written possession notice 30–45 days before your move-in date.

Step Five

Possession & Closing

• Freehold: Possession and legal closing happen simultaneously. Mortgage funds, title transfer, and keys exchange in a single transaction — triggered by the city issuing an occupancy permit.
• Condominium: Calgary condos frequently follow a two-stage model. You take physical possession first and pay an occupancy fee to the builder. Final legal closing — when your mortgage begins and title transfers — happens once the condo corporation is registered with the Alberta Land Titles Office. This interim period can last weeks to several months.

Step Six

A Note on Assignment Rights

Do not assume you can assign a Calgary pre-construction contract. Unlike Ontario or BC, Alberta builders heavily restrict or outright prohibit assignments as standard practice. In a strong market, developers have little incentive to grant them. If assignment flexibility matters to your strategy, raise it during the lawyer review period — that's the best window to negotiate. If a builder does agree, expect strict conditions: a fee, a prohibition on public MLS marketing, and a clause restricting assignment until the project is 85–90% sold out. We'll tell you honestly what's possible on each project before you sign.