Ontario Real Estate Purchase Contract Form - Free Download
4.1, 3959 votes
Please vote for this template if it helps you.
*This model document is for reference purposes only; it can be modified by the parties, especially, without limitation, with respect to the provided conditions and time periods. In each case,
we advise you to consult a lawyer. ComFree Commonsense Network disclaims any and all liability with respect to the accuracy, sufficiency and relevance of this document.
Version 2.0; Last Modified: 2012-08-07
Page 1 of 5
REAL ESTATE PURCHASE CONTRACT
This Contract is between:
Hereinafter the “Buyer”
Hereinafter the “Seller”
Read this document carefully. All provisions apply unless crossed out and initialed.
1.1 The property is the land, buildings, attached goods (unless excluded) and included unattached goods located at (hereinafter the
DESCRIPTION OF THE PROPERTY:
(number, street, city, province, postal code)
Legal Description of Property:
Unattached goods (chattels) included in contract:
Attached goods (fixtures) excluded from contract:
1.2 Unless otherwise agreed in writing, title to the Property on Completion Day will be free and clear of all financial encumbrances, financial
registrations and financial obligations, except those implied by law, and those beyond the control of the Seller.
2.1 The Seller and Buyer agree to act co-operatively, reasonably, diligently and in good faith.
2.2 Other than the deposits, the Buyer shall pay the purchase price by certified cheque, lawyer’s trust cheque, bank draft or other agreed
value as follows:
Buyer’s new mortgage:
Assumption of Seller’s mortgage (if applicable):
Total purchase price (including GST where applicable):
2.3 DEPOSITS: All deposits will be delivered to the Seller’s lawyer in trust. For further clarity, ComFree Commonsense Network brokerage is
not responsible for holding any deposit, in trust or otherwise. There will be no interest payable on deposits.