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Q. Generally if i sign binding agreement of Purchase and Sale for a pre construction condo can i change my mind? A. After signing the Agreement of Purchase and Sale, you have a 10 day cooling off period (don't confuse this with buying resale real estate, this is only for pre construction). During this time, have your lawyer review the documents and also have the necessary financial confirmation that you have to. If you decide with previously 10 days that you do