Common use of Agreement of Purchase and Sale Clause in Contracts

Agreement of Purchase and Sale. ReTaolrEonsttaote Board GENERAL USE: The Agreement of Purchase and Sale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed in their Offer to buy the Seller’s property. Some common examples of a Buyer’s conditions include arranging financing (a mortgage) for the property to be purchased, completing a home inspection, or ensuring that the sale of their current home is completed before purchasing a new one. After the Offer is prepared and signed by the Buyer, it is presented to the Seller for acceptance. The Seller, in turn, may want to make changes to the Offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement. This Agreement of Purchase and Sale dated this.................................... day of ................................................ 20......... BUYER, , agrees to purchase from (Full legal names of all Buyers) SELLER, , the following (Full legal names of all Sellers) REAL PROPERTY: Address.................................................................................................................................................................... fronting on the ............................................................. side of.................................................................................. in the ...................................................................................................................................................................... and having a frontage of .......................................... more or less by a depth of. more or less and legally described as ............................................................................................................................................ ....................................................................................................................................................... (the “property”). (Legal description of land including easements not described elsewhere) PURCHASE PRICE: Dollars (CDN$).............................................

Agreement of Purchase and Sale. ReTaolrEonsttaote Board Commercial GENERAL USE: The Agreement of Purchase and Sale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed in their Offer to buy the Seller’s property. Some common examples of a Buyer’s conditions include arranging financing (a mortgage) for the property to be purchased, completing a home inspection, or ensuring that the sale of their current home is completed before purchasing a new one. After the Offer is prepared and signed by the Buyer, it is presented to the Seller for acceptance. The Seller, in turn, may want to make changes to the Offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement. This Agreement of Purchase and Sale dated this.................................... day of ................................................ 20......... BUYER, , agrees to purchase from (Full legal names of all Buyers) SELLER, , the following (Full legal names of all Sellers) REAL PROPERTY: Address.................................................................................................................................................................... ....................................................................................................... fronting on the ............................................................. side of.................................................................................. ................................................ in the ...................................................................................................................................................................... ................................................................................................................... and having a frontage of .......................................... more or less by a depth of. of more or less and legally described as ............................................................................................................................................ ....................................................................................................................................................... (the “"property”"). (Legal description of land including easements not described elsewhere) PURCHASE PRICE: Dollars (CDN$).............................................

Agreement of Purchase and Sale. ReTaolrEonsttaote Board Commercial Commercial Division To r onto Real Estate Boar d Serving Xxxxxxx Xxxxxxx REALTORS® xxx.xxxxxxxxxxxxxx.xxx Form500 for use in the Province of Ontario GENERAL USE: The Agreement of Purchase and Sale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed in their Offer to buy the Seller’s property. Some common examples of a Buyer’s conditions include arranging financing (a mortgage) for the property to be purchased, completing a home inspection, or ensuring that the sale of their current home is completed before purchasing a new one. After the Offer is prepared and signed by the Buyer, it is presented to the Seller for acceptance. The Seller, in turn, may want to make changes to the Offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement. This Agreement of Purchase and Sale dated this.................................... day of ................................................ 20......... BUYER, , agrees to purchase from (Full legal names of all Buyers) SELLER, , the following (Full legal names of all Sellers) REAL PROPERTY: Address.................................................................................................................................................................... .......................................................................................................................................................... fronting on the ............................................................. ................................................................................ side of.................................................................................. ................................................................ in the ...................................................................................................................................................................... and having a frontage of .......................................... more or less by a depth of. of more or less and legally described as ............................................................................................................................................ ....................................................................................................................................................... (the “property”). (Legal description of land including easements not described elsewhere) PURCHASE PRICE: Dollars (CDN$).............................................

Agreement of Purchase and Sale. ReTaolrEonsttaote Board Commercial GENERAL USE: The Agreement of Purchase and Sale is the document that is used to state the Buyer’s desire to purchase the property, and to negotiate the terms of the sale. It is commonly referred to as an “Offer”. This document also allows the Buyer a chance to outline in detail all of the conditions they wish to be placed in their Offer to buy the Seller’s property. Some common examples of a Buyer’s conditions include arranging financing (a mortgage) for the property to be purchased, completing a home inspection, or ensuring that the sale of their current home is completed before purchasing a new one. After the Offer is prepared and signed by the Buyer, it is presented to the Seller for acceptance. The Seller, in turn, may want to make changes to the Offer for the Buyer to consider. This process can continue back and forth several times in an effort to reach an agreement. This Agreement of Purchase and Sale dated this.................................... day of ................................................ 20......... BUYER, , agrees to purchase from (Full legal names of all Buyers) SELLER, , the following (Full legal names of all Sellers) REAL PROPERTY: Address.................................................................................................................................................................... .......................................................................................................................................................... fronting on the ............................................................. ................................................................................ side of.................................................................................. ................................................................ in the ...................................................................................................................................................................... and having a frontage of .......................................... more or less by a depth of. of more or less and legally described as ............................................................................................................................................ ....................................................................................................................................................... (the “property”). (Legal description of land including easements not described elsewhere) PURCHASE PRICE: Dollars (CDN$).............................................