Property

Buy and sell real estate property in Prince Edward Island with this Offer to Purchase / Agreement of Purchase and Sale of Real Property.

Responsibilities of Parties

• The vendor (seller) is responsible for paying out and discharging any existing financial encumbrances on title to the property which are not being assumed by the purchaser.
• The purchaser is responsible for paying the costs of arranging new mortgage financing (if applicable) and the costs of conveyance of the title.

Key Conditions of the Agreement

• The buildings and property remain at the risk of the vendor until the closing, after which the purchaser assumes the risk.
• The vendor makes certain warranties and representations about the property (e.g. residential use only, Canadian residency, etc.).
• Once signed, the offer becomes a binding contract between the parties.

Format and Jurisdiction

This legal document template is available as a fully editable MS Word form. It is intended for use solely in the Province of Prince Edward Island, Canada.

Take applications from prospective tenants for a rental unit in Prince Edward Island with this Rental Application Form for Residential Premises.

• The applicants must supply information about:
  • current employment,
  • monthly expenses,
  • rental history,
  • personal and credit references.
• This form is provided in MS Word format and is fully editable.
• The form can be used by landlords and property managers.
• Prepared for use in the Province of Prince Edward Island, Canada.

PEI landlords, hire one of your tenants to act as resident manager of your rental building with this Agreement to Act as Resident Manager.

This Agreement outlines the terms under which landlords in Prince Edward Island may hire one of their tenants to serve as the resident manager of a rental building.

Resident Manager Appointment

Under this agreement, the tenant agrees to act as the resident manager of the rental building, in return for receiving either free or reduced rent, along with a monthly management fee.

Duties and Responsibilities of Resident Manager

The resident manager's role encompasses several important tasks, including:

• Collecting rent, late fees, and any other charges due from tenants;
• Issuing eviction and default notices as necessary;
• Inspecting rental units after tenants have moved out;
• Showing available units to prospective tenants;
• Performing groundskeeping duties;
• Conducting building maintenance as required.

Template Features

The agreement is specifically designed for use within the Province of Prince Edward Island, Canada, and is available in a fully editable Microsoft Word format to suit individual circumstances.

Prepare a Project Development Agreement for a Commercial Retail Project with this ready-made template.

• The agreement is between the owner of the project lands and the developer, with respect to construction and development of a commercial and retail project on the lands.
• The developer is named as construction and development manager of the project.
• The manager's duties include negotiating architectural, engineering and construction contracts and sub-contracts.
• The manager is responsible for obtaining all necessary insurance, permits and licenses, and arranging financing.
• The manager will also manage construction and leasing, coordinate advertising, receive all revenues from the project and pay all liabilities.
• This template is available as a fully editable MS Word download.

Retain the services of a property manager to manage the common property of strata lots in a rental investment pool with this template Property Management Agreement.

• The rental pool consists of a group of owners whose units will be rented out. The revenues from those rentals will be pooled to cover the owners' expenses.
• The property management company will be paid a monthly fee for maintenance, management and administration of the common property for the rental pool owners.
• The manager's duties include preparation of annual budgets, procuring contracts, arranging for repairs, collection of assessments from owners, commencing legal action for non-payment, paying contractors and suppliers, supervising contractors.
• The manager is required to attend all regular meetings of the strata corporation and the strata council.
• The corporation will provide the property manager with reasonable access to the common property at all times.
• The corporation indemnifies the manager against claims and damages except for those arising from negligence or willful misconduct on the part of the management firm.
• If you own strata units as investment property, you don't want to spend all your time managing them. Download the Property Management Agreement and hire a professional to do it.

Do you manage vacation or time share properties on behalf of the owners? Easily create your Property Management Agreements with this ready-made template.

With this customizable template, you can easily create a comprehensive contract for the owners outlining all responsibilities and expectations. The agreement template can be used for individual owners, or for a group of owners in a resort or condominium.

Scope of Property Manager Duties

The property manager’s responsibilities include marketing the vacation property to attract potential renters, securing rental agreements, collecting rental payments and other applicable fees, and distributing the proceeds to the property owner.

Additionally, the manager will arrange cleaning / laundry services and necessary repairs and maintenance, and ensure the property is maintained to a high standard.

Compensation and Expenses

The property manager’s compensation consists of a percentage commission based on rental income, a monthly allowance to cover routine expenses, and reimbursement for the actual costs of cleaning, repairs, and maintenance.

Financial Reporting

Each month, the property manager will pay the collected rental fees to the owner and provide detailed statements of income and expenses. These statements will itemize all revenues and expenses incurred during the month, offering clear financial transparency.

Owner Occupancy Arrangements

Owners are required to coordinate their own occupancy of the vacation property directly with the manager, and must provide advance notice to ensure availability and prevent double-booking.

Promotional Usage by Property Manager

The property manager will be granted a specified number of complimentary nights each year for promotional purposes, supporting marketing efforts and property exposure.

Template Format and Use

This Property Management Agreement template is provided in Microsoft Word format, allowing for full editing and reuse. It is a generic agreement, not country-specific, and can be adapted for use in multiple countries.

Protect Your Family from Lead in Your Home is a 14-page booklet published by the U.S. Federal Government to protect consumers from lead paint poisoning.

• The brochure outlines the risks to your family's health from lead-based paint, which was in use prior to 1978.
• If you are buying or renting an older home, this information could be vital to you and your loved ones.
• The brochure must be provided by a landlord to all tenants that are renting any property that was built before 1978.
• This is a joint publication of the US Environmental Protection Agency, the Consumer Product Safety Commission, and the Department of Housing and Urban Development.
• Available as a free PDF download.

Use this digital template to prepare a Proxy Form for all unit owners who cannot attend your next homeowners' association annual meeting.

• The form must be sent to the owners with the annual meeting package.
• Unit owners who cannot attend the meeting can name a person to act as their proxy and vote at the meeting on their behalf.
• You can easily customize the form for your HOA, and use the form over and over again.

Sell a ranch or farm property in the United States with this customizable Purchase and Sale Agreement template.

• The sale is to include all buildings, livestock and crops on the property.
• The seller has the right to harvest crops until the purchaser takes possession.
• The seller must deliver fee simple insurable title by way of warranty deed.
• A property land survey is to be performed, and the parties may agree to adjust the purchase price based on the land survey results.
• The agreement includes optional clauses for cash, assumption of existing mortgage loan, conventional financing, FHA insured or VA loan.
• The seller must provide a title insurance policy insuring the transaction for the total purchase price.
• Also included is a lead paint disclosure.
• The template is provided in MS Word format, and is easy to edit to fit your exact circumstances.
• This is not a State-specific form. Some States may have statutory contract forms which must be used for these types of transactions.

Canadian land developers, purchase land for a residential subdivision with this template Agreement to Purchase Land.

• The agreement is unilaterally conditional upon the vendor (seller) being able to obtain subdivision approval from the municipality.
• Conditions subsequent to the transaction include the provision of an easement across adjacent lands to allow the purchaser access to a water retention pond.
• The vendor is responsible for upgrading the access roadway.
• The vendor will have control over architectural plans and specifications of the subdivision development.
• This legal form template is provided in MS Word format and is fully editable to meet your specific needs.
• Intended for use only in Canada. The form may require additional provisions to comply with provincial or territorial laws.