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CHESTERMERE · E-2 FIELD GUIDE

What if the partners change the ownership terms before closing?

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THE DIRECT ANSWER

Submit the revised terms for reassessment before relying on the earlier plan. A change in control, funding or operating responsibilities can affect the proposal even if the headline purchase price stays the same.

Keep negotiations visible

Date the versions and identify what remains open. Review closing, escrow and cancellation provisions with the relevant advisers. Do not assume every purchase must close before filing, or make a commitment irreversible merely to follow an oversimplified sequence. Confirm the applicant’s current procedure before setting travel dates.

Work backwards from the steps you control: covenant wording settled, funds traced and transferred, closing completed or firmly committed, business plan and staffing set, packet reviewed, appointment attended. Fix dates for due diligence, funding transfers, licence applications, lease signature and assembly of the evidence package, and distinguish flexible planning targets from binding contractual or regulatory deadlines. An escrow whose only outstanding condition is issuance of the visa is accepted in official guidance as a solid, irrevocable commitment, while one the buyer can unwind for reasons of their own has preserved the funds rather than committed them.