Alberta Offer to Purchase Commercial Building

Purpose of Document

The purpose of this Offer to Purchase Commercial Building is for acquiring an office building, retail building, or other commercial property in Alberta. The document sets forth the terms and conditions under which a purchaser may make an offer to acquire such property.

Conditions of the Offer

• Building Inspection: The purchaser’s offer is conditional upon the completion of an inspection of the building to ensure it meets their requirements.
• Document Review: The purchaser must have the opportunity to review all leases, covenants, operating statements, and any other documents related to the building.
• Title Inspection: The purchaser is required to inspect the property’s title to confirm its status and any encumbrances.
• Environmental Approval: The offer remains conditional until the purchaser receives approval from the appropriate authority regarding any environmental matters associated with the property.

Additional Provisions

• Right of First Refusal: The purchaser is granted a right of first refusal to lease space on specified floor(s) of the property.
• Broker Commissions: If applicable, the offer includes a clause addressing the payment of broker commissions.

Template Information

This Alberta Offer to Purchase Commercial Building template is provided in Word format and is fully editable, allowing users to tailor the document to their specific circumstances.