Real Estate Transactions: Agreements of Purchase and Sale

Form of the Agreement of Purchase and Sale

(Parties): If Owner is married

(Parties): Capacity to contract

(Parties): If client making offer on behalf of someone else

(Parties): Corporation

(Parties): Company TO BE incorporated

Parties: If Partnership

Parties: Limited Partnerships

Parties: If property is an estate asset

Description of the Property

Description of Property: Easements

Description: Buildings, fences and fixtures located on the property:

Price:

Deposit

Deposit: In the event transaction does not close

Balance of Purchase Price

Balance of Purchase Price: vendor takeback mortgage

Balance of Purchase Price: Existing Mortgage to be assumed as part of purchase price

Balance of Purchase Price: New Mortgage to be arranged to provide part of Purchase Price

Balance of Purchase Price: Existing Mortgages to be discharged

Conditions

Conditions for Rural properties

Conditions for Rural properties

Common conditions:

Conditions for Condos

Common Conditions for Multi-Unit

Conditions for Commercial or vacant land

Chattels

Fixtures

Rental items

Irrevocability

Closing date

Notices

Title search

Representations, Warranties, Future use

Conditions as to Good Title

Electronic Registration

Production of Documents

Right of purchaser to inspect prior to closing

Building at Risk of Vendor

Insurance Proceeds

Planning Act

Who Prepares documents

Residency and Family Law Act

Adjustments

Time of the Essence

Time of the Essence

Tender

Tender

Urea Formaldehyde Foam Insulation

Conflict

Commission clause

Certificate of Pending Litigation

Conflict

Amendment to offer

Interpretation of Apparent Errors

Commission clause

Standard Form v New Home construction