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1. Parties: Identifies and provides full legal names and addresses of the buyer and seller
2. Background: Establishes the context of the agreement and the parties' intention to enter into a real estate transaction
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Property Description: Detailed legal description of the property including address, boundaries, and registration details
5. Purchase Price: Specifies the agreed purchase price and payment terms including deposits and payment schedule
6. Deposit: Details of the deposit amount, payment timing, and how it will be held in trust
7. Closing Date: Specifies the date of closing and conditions for any extensions
8. Title and Ownership: Warranties regarding clear title and process for title transfer
9. Representations and Warranties: Standard representations by both parties regarding authority to sell/buy and condition of property
10. Conditions Precedent: Conditions that must be satisfied before closing, including financing and inspections
11. Closing Deliverables: Lists all documents and items to be delivered by each party at closing
12. Adjustments: How property taxes, utilities, and other expenses will be prorated at closing
13. Default and Remedies: Consequences of default by either party and available remedies
14. Notices: How formal communications between parties should be delivered
15. Governing Law: Specifies that Canadian law governs the agreement
16. Execution: Signature blocks and execution requirements
1. Tenant Rights: Required when the property is currently tenanted, addressing lease assignments and tenant rights
2. Mortgage Assumption: Used when buyer is assuming existing mortgage from seller
3. Property Management: Needed for properties with ongoing management contracts or services
4. Condominium Provisions: Required for condominium properties, addressing condo-specific requirements and documents
5. Environmental Conditions: Used when environmental assessments or remediation is required
6. Construction Completion: Required for new constructions or properties under development
7. GST/HST Elections: Used for commercial properties or new residential properties subject to GST/HST
8. Foreign Buyer Provisions: Required when buyer is a non-resident of Canada
9. Chattels and Fixtures: Detailed when specific personal property is included/excluded from sale
1. Schedule A - Legal Property Description: Detailed legal description of the property from land registry
2. Schedule B - Permitted Encumbrances: List of accepted liens, easements, or encumbrances on the property
3. Schedule C - Included Chattels: Itemized list of personal property included in the sale
4. Schedule D - Excluded Fixtures: List of fixtures that would normally be included but are excluded
5. Schedule E - Current Leases: Details of existing tenant leases and terms
6. Schedule F - Property Condition Disclosure: Seller's disclosure of known property conditions and defects
7. Schedule G - Environmental Reports: Summary or copies of environmental assessments if applicable
8. Schedule H - Service Contracts: List of ongoing service contracts affecting the property
9. Appendix 1 - Property Plans: Survey plans, floor plans, and site plans
10. Appendix 2 - Property Photographs: Dated photographs documenting current condition of property
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