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Document Id : 92
File Type : Microsoft Word
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Canada Purchase and Sale Agreement for Bare Land
Put in an offer to buy bare land for development with this Canada Purchase and Sale Agreement for Bare Land.
- Bare land (also called raw land) is land on which there is currently no structure, landscaping or other development.
- The agreement is conditional upon the vendor obtaining a Phase I and Phase II Environmental Assessment satisfactory to the purchaser. The purchaser may elect not to proceed with the transaction after reviewing the assessment.
- The agreement is also conditional upon the purchaser obtaining a commitment for sufficient mortgage loan financing to complete the transaction.
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