Joint Sale Agreement Property Template for Canada

1. Property Management Until Sale: Used when the property requires ongoing management during the sale process, detailing responsibilities and cost sharing

2. Tenant Provisions: Required when the property is currently tenanted, addressing lease obligations and coordination of viewings

3. Mortgage and Encumbrance Resolution: Needed when the property has existing mortgages or liens that must be addressed

4. Special Maintenance Requirements: Include when the property requires specific maintenance or repairs before sale

5. Tax Planning Provisions: Added when parties require specific tax structuring for the sale

6. Buy-Out Provisions: Optional clause allowing one party to buy out others' interests if the property doesn't sell within a specified period

7. International Party Provisions: Required when any co-seller is a non-resident of Canada

1. Schedule A - Property Description: Detailed legal description of the property, including lot numbers, boundaries, and registered easements

2. Schedule B - Current Title Search: Recent title search showing current ownership and encumbrances

3. Schedule C - Property Condition Report: Detailed assessment of the property's current condition and known issues

4. Schedule D - Cost Sharing Formula: Detailed breakdown of how various costs will be shared among co-sellers

5. Schedule E - Proceeds Distribution Calculation: Formula and examples for calculating the distribution of sale proceeds

6. Appendix 1 - Property Photos: Current photographs documenting the property's condition

7. Appendix 2 - Existing Leases: Copies of any current lease agreements affecting the property

8. Appendix 3 - Property Tax Assessments: Recent property tax assessments and payment status

9. Appendix 4 - Service Contracts: List and copies of any service contracts that will transfer with the property