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For Sale By Owner Contract Form
"I need a For Sale By Owner Contract Form for selling my detached residential property in Ontario, with specific provisions for a solar panel installation that will be transferred with the property and closing date set for March 15, 2025."
1. Parties: Identification of the seller and buyer, including full legal names, current addresses, and contact information
2. Background: Brief context of the transaction and confirmation that the seller owns the property and wishes to sell to the buyer
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Property Description: Detailed legal description of the property, including address, lot number, and property identification number
5. Purchase Price: The agreed purchase price and payment terms, including deposit amounts and payment schedule
6. Deposit: Details of the deposit amount, when it's due, and how it will be held
7. Closing Date: The date when the sale will be completed and property ownership transferred
8. Property Inspection: Terms regarding the buyer's right to inspect the property and the process for addressing any issues found
9. Title and Ownership: Seller's warranties regarding clear title and process for title transfer
10. Inclusions and Exclusions: Specific items included or excluded from the sale
11. Representations and Warranties: Standard warranties about the property's condition and seller's authority to sell
12. Closing Adjustments: How property taxes, utilities, and other expenses will be prorated
13. Default: Consequences if either party fails to fulfill their obligations
14. Notices: How and where formal communications between parties should be sent
15. Execution: Signature blocks and witnessing requirements
1. Financing Conditions: To be included when the buyer's purchase is contingent on obtaining mortgage financing
2. Sale of Buyer's Property: Used when the purchase is conditional on the buyer selling their existing property
3. Rental Property Provisions: Required when the property has existing tenants or rental units
4. Swimming Pool/Hot Tub Compliance: Needed for properties with these features to address safety and compliance requirements
5. Well and Septic: For rural properties not connected to municipal services
6. Heritage Property Requirements: For properties designated as heritage buildings
7. Condominium Provisions: Required for condominium unit sales
8. Environmental Matters: For properties with known environmental issues or requirements
9. Vacant Land Provisions: Specific terms for undeveloped land sales
10. Multiple Unit Properties: Special provisions for properties with multiple residential or commercial units
1. Schedule A - Property Details: Comprehensive description of the property including lot size, boundaries, and improvements
2. Schedule B - Inclusions and Exclusions List: Detailed inventory of items included in or excluded from the sale
3. Schedule C - Property Disclosure Statement: Seller's disclosure of known issues, repairs, and property condition
4. Schedule D - Title Search Results: Summary of title search showing ownership and any encumbrances
5. Schedule E - Property Survey: Current survey of the property showing boundaries and structures
6. Schedule F - Environmental Reports: Any environmental assessments or reports
7. Schedule G - Inspection Reports: Results of any pre-listing inspections
8. Schedule H - Permitted Encumbrances: List of accepted liens, easements, or other encumbrances
9. Appendix 1 - Property Photographs: Recent photographs of the property and major features
10. Appendix 2 - Floor Plans: Detailed floor plans of the building(s)
Authors
Property
Closing
Closing Date
Deposit
Purchase Price
Seller
Buyer
Chattels
Fixtures
Title
Deed
Encumbrances
Adjustments
Business Day
Completion
Condition Precedent
Default
Earnest Money
Effective Date
Force Majeure
Good Title
Improvements
Land Registry Office
Legal Description
Notice
Permitted Encumbrances
Property Taxes
Purchase and Sale Agreement
Real Property
Requisition Date
Statement of Adjustments
Survey
Title Insurance
Transfer Documents
Vacant Possession
Warranties
Zoning
Purchase Price
Payment Terms
Title Transfer
Property Inspection
Due Diligence
Representations and Warranties
Deposit
Closing Conditions
Possession
Risk Transfer
Default and Remedies
Property Disclosure
Title Insurance
Environmental Compliance
Utilities and Services
Property Tax Adjustments
Insurance
Dispute Resolution
Force Majeure
Assignment
Notices
Governing Law
Severability
Entire Agreement
Amendment
Time of Essence
Further Assurances
Survival
Legal Costs
Registration
Acceptance
Termination
Conditions Precedent
Property Access
Real Estate
Legal Services
Financial Services
Insurance
Property Development
Construction
Property Management
Mortgage Lending
Title Insurance
Property Inspection Services
Legal
Real Estate Operations
Property Management
Compliance
Risk Assessment
Document Processing
Title Services
Mortgage Services
Property Assessment
Customer Relations
Property Owner
Real Estate Lawyer
Title Examiner
Mortgage Broker
Property Appraiser
Legal Assistant
Conveyancing Clerk
Property Inspector
Insurance Underwriter
Financial Advisor
Bank Manager
Legal Compliance Officer
Property Manager
Real Estate Investor
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