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    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. Downloadable, fully editable.

    Download Type: Microsoft Word
    Last Updated: 04-May-2021
    SKU: 4922
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    Ontario Hotel or Motel Acquisition Due Diligence Checklist


    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.
    • The Checklist is downloadable and fully editable.

    Buying a hotel or motel is a major investment. Download the free Acquisition Due Diligence Checklist to help you mitigate the risks.

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