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Document Id : 87
File Type : Microsoft Word
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Canada Offer to Purchase Controlled Land
Sell farm land in Canada to a developer with this Offer to Purchase Controlled Land.
- Controlled land means land that falls outside of the boundaries of a city, town, village or summer village (for example, farm land).
- This type of Offer is often used by a developer to purchase land adjacent to city limits for future development.
- The vendor warrants that it is not aware of any proposed expropriation of the land.
- The vendor has not received notice of any circumstance which might affect the zoning or use of the land.
- The vendor is not aware of any environmental issues affecting the land.
- The vendor will transfer title to the land over to the purchaser, on trust conditions, to allow the purchaser to secure mortgage financing in order to complete the sale.
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