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Private Land Sale Contract
"I need a Private Land Sale Contract for selling my 50-acre agricultural property in Ontario, including specific provisions for existing crop agreements and water rights, with the sale to complete by March 2025."
1. Parties: Identifies and provides full legal names and addresses of the vendor and purchaser
2. Background: Establishes the context of the sale, confirming the vendor's ownership and intention to sell, and the purchaser's intention to buy
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Property Description: Detailed legal description of the property including lot number, plan, and municipal address
5. Purchase Price: States the agreed purchase price and payment terms, including deposit details
6. Deposit Terms: Specifies the amount, payment schedule, and handling of the deposit
7. Closing Date: Specifies the date for completion of the sale and transfer of ownership
8. Title and Ownership: Vendor's warranties regarding clear title and process for title transfer
9. Representations and Warranties: Standard warranties from both parties regarding authority to enter agreement and property condition
10. Property Condition: Details about the current state of the property and any included/excluded items
11. Closing Obligations: Lists all documents and actions required from each party to complete the sale
12. Risk and Insurance: Allocates risk and responsibility for the property before closing
13. Property Adjustments: Details how property taxes, utilities, and other expenses will be prorated
14. Default and Remedies: Consequences and available remedies if either party defaults
15. Notice: How and where formal notices under the agreement must be delivered
16. General Provisions: Standard legal provisions including governing law, amendment process, and severability
1. Financing Conditions: Used when purchase is conditional on the buyer obtaining mortgage financing
2. Property Inspection: Include when sale is conditional on satisfactory property inspection
3. Environmental Conditions: Required when there are environmental concerns or requirements for assessment
4. Tenant Rights: Include if property is currently tenanted with rights that survive sale
5. Construction Warranties: For new or recently constructed properties with ongoing warranties
6. Property Management: For properties with ongoing management contracts or requirements
7. Mineral Rights: When mineral rights are included or specifically excluded from the sale
8. Water Rights: For properties with significant water features or water access rights
9. Agricultural Provisions: For farmland or properties with agricultural components
10. Development Conditions: When future development potential is a material consideration
1. Schedule A - Legal Property Description: Detailed legal description of the property including surveys and plans
2. Schedule B - Permitted Encumbrances: List of accepted liens, easements, or encumbrances that will continue after sale
3. Schedule C - Included Chattels: Itemized list of movable property included in the sale
4. Schedule D - Excluded Items: List of items specifically excluded from the sale
5. Schedule E - Current Leases: Details of any existing lease agreements affecting the property
6. Schedule F - Property Condition Report: Detailed report on the current condition of the property
7. Schedule G - Environmental Reports: Any environmental assessments or reports
8. Schedule H - Property Tax Assessment: Current property tax assessment and payment status
9. Appendix 1 - Property Photographs: Recent photographs documenting the property condition
10. Appendix 2 - Site Plans: Architectural or survey plans showing property layout and boundaries
Authors
Adjustments
Business Day
Chattels
Closing
Closing Date
Completion
Deposit
Effective Date
Encumbrances
Environmental Laws
Fixtures
Improvements
Land
Land Registry Office
Land Titles Act
Permitted Encumbrances
Property
Property Taxes
Purchase Price
Purchaser
Real Property
Registration
Schedule
Statement of Adjustments
Survey
Title
Title Insurance
Transfer Documents
Vendor
Warranty
Zoning Laws
Easements
Liens
Possession Date
Requisition Date
Transfer/Deed of Land
HST/GST
Municipal Address
Legal Description
Purchase Price
Payment Terms
Deposit
Title Transfer
Representations and Warranties
Property Condition
Due Diligence
Closing Conditions
Risk and Insurance
Default and Remedies
Property Adjustments
Environmental Compliance
Zoning Compliance
Tax Matters
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Time of Essence
Further Assurances
Survival
Indemnification
Registration
Inspection Rights
Termination
Costs and Expenses
Property Access
Vacant Possession
Title Insurance
Restrictive Covenants
Real Estate
Property Development
Agriculture
Commercial Property
Residential Property
Banking and Finance
Legal Services
Construction
Land Development
Property Investment
Natural Resources
Urban Planning
Legal
Real Estate
Property Management
Compliance
Finance
Investment
Operations
Risk Management
Asset Management
Business Development
Due Diligence
Real Estate Lawyer
Property Manager
Real Estate Agent
Land Developer
Property Developer
Legal Counsel
Conveyancing Lawyer
Title Examiner
Real Estate Broker
Investment Manager
Land Surveyor
Property Administrator
Compliance Officer
Real Estate Investment Manager
Agricultural Land Manager
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