Ontario Schedule to Purchase Agreement for Hotel Assets

Prepare a Schedule to an Asset Purchase Agreement for the purchase and sale of the assets of a hotel business with this downloadable template for Ontario.

  • Room rentals, restaurant and lounge receipts will be adjusted at midnight on the date of closing.
  • Method of transferring the liquor license to the purchaser.
  • The seller warrants that the employees are not represented under a collective bargaining agreement.
  • Conditions of the purchaser for closing the transaction.
  • Representations and warranties of the seller.
  • Disclosure of revenues, expenses, contracts and business information.
  • Assignment of service contracts and leases, trade names, signage and phone numbers from the seller to the purchaser.
  • This Asset Purchase Agreement Schedule addresses the special matters to be considered when purchasing hotel assets under Ontario provincial laws.
  • Available in MS Word format and fully editable.
  • Intended to be used only in the Province of Ontario, Canada.
Document Type: Microsoft Word
Last Updated: 17-February-2025
SKU: 4922
$29.99
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Conduct your due diligence business review prior to buying a hotel or motel in Ontario with this Hotel or Motel Acquisition Due Diligence Checklist.

  • The checklist lists the various issues that you should review with your legal and financial advisers before proceeding with the purchase of the hotel business.
  • The form includes a breakdown of which items are to be handled by (i) the lawyers, (ii) the purchaser, (iii) the vendor.
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  • Intended for use in the Province of Ontario, Canada.
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Hotel Management Agreement

Hire a manager or management company to run the operations of your hotel with this comprehensive Hotel Management Agreement.

  • The hotel manager agrees not to provide services to any competing business within a specified radius of the hotel. (This clause is applicable if a management company is being retained to run the business.)
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  • The hotel manager is responsible for establishing and maintaining proper accounting systems and records.
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  • This Hotel Management Agreement template is generic (not country-specific) and is fully editable to meet your specific needs.
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