Before completing a Promise to Purchase form, what identification is necessary for the buyer?

In the context of real estate transactions in Quebec, when a buyer is completing a Promise to Purchase form, providing a government-issued photo ID is essential. This type of identification serves several crucial purposes. Firstly, it confirms the identity of the buyer, ensuring that the transaction is conducted with a legitimate party. This helps to prevent fraud and protect all parties involved in the real estate process.

Additionally, a government-issued photo ID, such as a driver's license or a passport, includes vital information like the buyer's name and address, which is required on the form. It ensures that all documentation is accurately represented and matches the identification provided, creating a clear and legal basis for the agreement being made.

While proof of income, tax documents, and a credit report may be relevant in the broader context of qualifying for a mortgage or assessing financial capability, they are not specifically required for the completion of the Promise to Purchase itself. The focus is on confirming the buyer's identity, making the government-issued photo ID the most appropriate and necessary identification at this stage of the real estate process.