- canada real estate contract (10)
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- letter of intent template (30)
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- contract negotiations (14)
FSBO Offer to Purchase Real Estate | Canada
Make an offer to purchase a property in Canada with this FSBO (For Sale by Owner) Offer to Purchase Real Estate.
- The Offer to Purchase becomes a binding purchase and sale agreement when accepted and signed by both parties.
- The offer document includes guide notes covering such things as:
- who typically pays different types of expenses associated with a purchase and sale,
- the difference between fixtures and chattels,
- under what circumstances GST and sales tax are applicable to the sale,
- how to negotiate a deal,
- typical conditions that could affect the transaction,
- warranties of sale.
- The form is only to be used in 'for sale by owner' transactions which do not involve a realtor.
- Available in MS Word format.
- Intended to be used only in Canada.
Letter of Intent to Purchase Commercial Real Estate Property | Canada
Set out the terms of agreement for a purchase of commercial real estate in Canada with this template Letter of Intent.
A Letter of Intent (LOI) is used to outline the preliminary terms and intentions for the purchase of commercial real estate in Canada. Signing this document serves as a signal to lenders and contractors that the parties intend to move forward with the transaction. This step allows for an early start on site development, construction, and financing activities prior to the execution of the formal purchase and sale contract.
Summary of Discussions
The LOI serves as a summary of the discussions that have taken place between the vendor and purchaser up to this point. It formally records the preliminary agreements and mutual understandings of the parties regarding the transaction.
Vendor Obligations
The vendor is responsible for providing the purchaser with all documentation related to the property. This includes documents concerning any leasehold tenants. These materials must be delivered early enough to give the purchaser adequate time to review them before the closing date.
Purchaser Requirements
Prior to the transaction closing, the purchaser must be satisfied with both the document review and the physical inspection of the property. Additionally, the purchaser must be able to secure sufficient financing to complete the purchase.
Applicability and Format
This LOI template can be used for commercial real estate transactions in any Canadian province or territory (with the possible exception of Quebec). It is available in MS Word format and is intended strictly for properties located within Canada.