Glossary · Offers, contracts and closing
Multiple offers
A multiple-offer situation is when a seller receives more than one offer on the same home and considers them together, usually at a set time.
Buyers don't see the other offers' terms. Price matters, but so do subjects, the deposit and dates; a clean offer can win over a slightly higher one with conditions.
Related terms
General information, not legal or tax advice. Rules change; confirm the current figures with the province or your notary or lawyer before relying on them.
