Commercial Agreement of Purchase and Sale Sample Contracts

COMMERCIAL AGREEMENT OF PURCHASE AND SALE
Commercial Agreement of Purchase and Sale • December 2nd, 2022

Buyers will submit upon acceptance NIL (CDN $0.00) by negotiablecheque payable to the Seller’s Solicitor, in Trust (the “Deposit Holder”) to be held in trust without interestpending completion or other termination of this Agreement and shall be credited in accordance with Schedule A. and to be credited toward the Purchase Price on completion. For the purposes of this Agreement, “Upon Acceptance” shall mean that the Buyer is required to deliver the deposit to the Deposit Holder within forty-eight (48) hours of the acceptance of this Agreement.

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