Nova Scotia Direction to Pay Proceeds from Sale of Property

Use this easy Direction to Pay template to have your client authorize how the proceeds from the sale of their real estate property are to be paid out.

  • This is a letter form that the client signs in order to direct and authorize the lawyer to:
    • receive and hold the funds in trust,
    • pay out any outstanding mortgage amounts owing on the property that are not being assumed by the purchaser,
    • pay any property taxes that are to be paid,
    • pay the real estate commissions,
    • pay or accept the purchaser's undertaking to pay any existing encumbrances, and
    • release the Direction to any third parties as necessary to complete the closing.
  • Available in MS Word format.
  • Intended to be used only in the Province of Nova Scotia, Canada.
Document Type: Microsoft Word
Last Updated: 04-January-2025
SKU: 3271
Old price: $2.29
$1.99
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Nova Scotia Residential Purchase and Sale Agreement

Buy or sell a residential real estate property in the Province of Nova Scotia with this ready-made Agreement of Purchase and Sale.

  • Equipment. The purchaser will assume the hot water tank and furnace heating system rentals (if any). If this equipment is not rented, the purchase price includes the hot water tank and furnace heating system.
  • Metes and Bounds. The vendor must furnish a metes and bounds description, and the purchaser will then have 15 days to investigate the title to the property.
  • HST. If HST is applicable, it is in addition to (not included in) the purchase price. If HST is not applicable, the vendor must provide a certificate in that regard.
  • Costs. The vendor is responsible for paying the costs of drawing up the conveyance deed.
  • Building Inspection. The agreement is conditional upon the purchaser performing a building inspection.
  • Condominiums. THIS AGREEMENT CANNOT BE USED FOR CONDOMINIUMS.
  • Available in MS Word format.
  • Intended to be used only in the Province of Nova Scotia, Canada.
$17.99