Closing Checklist:
You must always ensure that your client seeks legal advice prior to using clauses such as the following. The clauses have been acquired from sources deemed reliable - however, each situation is unique and requires that your client be deffered to a lawyer for applicability. Draft Clause: The Parties to this Agreement hereby agree as … Continue reading Assuming Seller on closing as an Occupant
Know MoreThe following clauses is provided for illustration purposes only - always have the client seek legal advice: In consideration of $10 sufficiency which is hereby acknowledged and expressly affirmed, the Assignee agrees to indemnify and hold harmless the Assignor from and against any claims, demands, losses, costs, damages, actions, suits or proceedings which may be … Continue reading Assignment – When Representing the Assignor
Know MoreThis clause is provided for illustration purposes only - always have the client seek legal advice prior to using a clause such as the following: The Seller represents and warrants to the buyer, effective as of the date of completion of this transaction that the basement is a legal finished basement apartment and was built … Continue reading Legal Basement Clause
Know MoreAGREEMENT OF PURCHASE & SALE - these clauses are provided for example purposes only. Always ensure your Client seeks legal advice before using a custom draft clauses such as the following: The Tenant shall pay the deposit to the Deposit Holder within 24 hours after the Tenant has given notice that the property is satisfactory, … Continue reading Offer Conditional On Viewing
Know MoreINSERT: 1. Buyer, [additional buyer's name] 2. By executing this Amendment [new buyer] agrees to be bound by the terms of the Agreement of Purchase and Sale dated [date of agreement] together with Schedules A, B, [other schedules if any] which are attached as an Appendix hereto and initialed, as if he had executed such … Continue reading Amendment: Adding Another Buyer To Agreement
Know MoreThese clauses are for information pusposes only, modify as may be required: The Buyer agrees to pay the balance of the purchase price, subject to adjustments, to the Seller on completion of this transaction, with funds drawn on a lawyer's trust account in the form of a bank draft, certified cheque or wire transfer using … Continue reading GAS STATION CLAUSES
Know MoreUpon acceptance of this Offer, the Seller agrees to provide the Buyer with copies of all leases on the property. Upon review by the Buyer, if the terms of said leases are unacceptable to the Buyer, in the Buyer’s sole and absolute discretion, the Buyer shall have the right to terminate this Agreement by notice … Continue reading ASSUMING TENANT WHEN REPRESENTING BUYER
Know MoreSeller agrees to provide within 24 hours of acceptance: 1) Tarion Warrant paperwork; 2) Occupancy Certificate; and 3) Pre-Delivery Inspection report
Know MoreHeadshots, Virtual Tours, Photos: 1) Victor - 416-821-8219 Home Inspectors: 1) TJ - 647-0260
Know MoreUpdated 11-28-2018 These clauses are for information pusposes only - Tailor, add, remove, modify as you see fit: Custom Clause - modify as required/instructed by your client: Standard Vac-01 when representing SELLER: The Buyer hereby authorizes and directs the Seller, and the Seller agrees, when this Agreement becomes unconditional, to give to the tenant(s) the N12 … Continue reading Vacant Possession Clauses
Know MoreUpdated 9-13-20198 These clauses are for information pusposes only - Tailor, add, remove, modify as you see fit: This Offer is conditional upon the approval of the terms hereof by the Tenant's Solicitor. Unless the Tenant gives notice in writing delivered to the Landlord personally or in accordance with any other provisions for the delivery of … Continue reading Commercial Lease
Know MoreYOU ARE CAUTIONED in using this clause as it is illegal to obtain additional security deposits from a Tenant - ensure that you make this clear to your clients before they sign off on this in writing and have them consult with their attorney. The Tenants represent and warrant that they self-propose, willingly, and without … Continue reading Security Deposits – Landlord
Know MoreUPDATED 1-11-2020 - These clauses are for information pusposes only - Tailor, add, remove, modify as you see fit: The Buyer agrees to pay the deposit in accordance with page 1 of this agreement by bank draft/certified cheque/Electronic Funds Transfer (EFT)/Wire Transfer by 9:00pm on the first business day following the date of the acceptance … Continue reading ASSIGNMENT CLAUSES – REPRESENTING ASSIGNEE/BUYER
Know MoreUPDATED 9-24-2018 - These clauses are for information pusposes only - Tailor, add, remove, modify as you see fit: In consideration of $10 sufficiency which is hereby acknowledged and expressly affirmed, the Assignee agrees to indemnify and hold harmless the Assignor from and against any claims, demands, losses, costs, damages, actions, suits or proceedings which … Continue reading ASSIGNMENT INDEMNITY – WHEN REPRESENTING ASSIGNOR/SELLER
Know MoreTailor, add, remove, modify as you see fit - ADD THESE INTO THE LISTING AGREEMENT AND ENSURE THAT YOU ACCOUNT FOR THEM IN THE SCHEDULES SECTION: SPOUSAL STATEMENTS - SELECT ONE(STRIKE INAPPLICABLE) 1) I am not a spouse 2) The property is not ordinarily occupied by me and my spouse, who is not separated from … Continue reading Listing Schedule A
Know MoreThe Buyer(s) hereby withholds the right at any time prior to closing, to assign this Agreement of Purchase and Sale to any person, persons, or corporation either existing or to be incorporated,
Know MoreThe Buyer agrees to pay the balance of the purchase price, subject to adjustments by bank draft, certified cheque..
Know MoreThis Offer is conditional upon the inspection of the subject property by a home inspector, at the buyer’s own expense for major...
Know MoreThis Offer is conditional upon the inspection of the subject property by a home inspector, at the buyer’s own expense for major...
Know MoreThe Buyer withholds the right to have the Real Estate Council of Ontario (RECO) verify the number of offers that have been represented as being registered ...
Know MoreThe Seller agrees, at the seller's own expense, to repair in a professional and workman like manner all of the deficiencies pursuant to the home inspection...
Know MoreThe Tenant(s) will submit upon acceptance first and last month's rent by certified cheque/bank draft payable to "LISTING BROKERAGE NAME."...
Know MoreThe Tenant(s) will submit upon acceptance first and last month's rent by certified cheque/bank draft payable to "PUBLIC CHOICE REALTY INC."...
Know MoreThe Tenant(s) will submit upon acceptance first and last month's rent by certified cheque/bank draft payable to "LISTING BROKERAGE NAME."...
Know MoreThe Buyer agrees to pay the balance of the purchase price, subject to adjustments by bank draft, certified cheque, or with funds drawn...
Know MoreThis Offer is conditional upon the approval of the terms hereof by the Buyer's Solicitor. Unless the Buyer gives notice in writing delivered...
Know MoreThe Buyer agrees to pay the balance of the purchase price, subject to adjustments by bank draft, certified cheque, or with funds drawn...
Know MoreThe Buyer agrees to pay the balance of the purchase price, subject to adjustments by bank draft, certified cheque, or with funds drawn...
Know MoreThe Buyer agrees to pay the balance of the purchase price, subject to adjustments by bank draft, certified cheque, or with funds drawn....
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