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1. Parties: Identifies and defines all parties to the agreement, including their legal names, addresses, and any relevant corporate details
2. Background: Outlines the context of the dispute or situation leading to the settlement, including property details and history of the matter
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Settlement Terms: Details the core terms of the settlement, including monetary considerations and property transfer arrangements
5. Property Description: Detailed legal description of the subject property and any included/excluded elements
6. Payment Terms: Specifies the amount, method, and timing of any payments related to the settlement
7. Closing Conditions: Lists all conditions that must be met before the settlement can be completed
8. Representations and Warranties: Statements of fact and guarantees made by each party regarding their authority and the property
9. Release of Claims: Mutual release of all claims related to the settled matter
10. Confidentiality: Terms regarding the confidentiality of the settlement and its terms
11. Governing Law: Specifies that the agreement is governed by Canadian law and the specific provincial jurisdiction
12. Execution and Dating: Format for signing and dating the agreement, including witness requirements
1. Tenant Provisions: Required when the property involves existing tenancies that need to be addressed
2. Environmental Matters: Included when there are environmental concerns or requirements related to the property
3. Construction Completion: Used when the settlement involves incomplete construction or renovation work
4. Property Management Transition: Required when the settlement includes transfer of property management responsibilities
5. Third Party Consents: Included when the settlement requires approvals from parties not directly involved in the agreement
6. Tax Implications: Added when specific tax considerations need to be addressed in the settlement
7. Mortgage Assumptions: Required when existing mortgages are being transferred or assumed
8. Insurance Requirements: Included when specific insurance arrangements are part of the settlement
9. Dispute Resolution: Optional alternative dispute resolution procedures for future disagreements
1. Schedule A - Property Description: Detailed legal description of the property, including surveys and plans
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms, amounts, and deadlines
3. Schedule C - Outstanding Work: List of any repairs, improvements, or work to be completed
4. Schedule D - Existing Tenancies: Details of current lease agreements and tenant information
5. Schedule E - Property Condition Report: Current condition of the property, including photographs and inspection reports
6. Schedule F - Required Consents: List of required third-party consents and their status
7. Appendix 1 - Property Documents: Copies of relevant property documents, titles, and certificates
8. Appendix 2 - Environmental Reports: Any environmental assessments or reports referenced in the agreement
9. Appendix 3 - Financial Statements: Relevant financial documents related to the property or settlement
Real Estate
Construction
Property Development
Legal Services
Financial Services
Property Management
Insurance
Banking
Urban Planning
Environmental Services
Real Estate Investment
Commercial Property
Residential Property
Legal
Real Estate Operations
Property Management
Compliance
Risk Management
Finance
Operations
Business Development
Environmental
Technical Services
Investment
Asset Management
Facilities Management
Real Estate Lawyer
Property Manager
Real Estate Agent
Real Estate Broker
Legal Counsel
Property Developer
Construction Manager
Title Officer
Compliance Officer
Real Estate Investment Manager
Property Acquisition Manager
Settlement Officer
Real Estate Portfolio Manager
Environmental Consultant
Property Valuation Specialist
Risk Manager
Real Estate Operations Director
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