Plain Language Forms DISCLAIMER
Total Page:16
File Type:pdf, Size:1020Kb
Plain Language Forms DISCLAIMER The following Form explanations are for illustration purposes only to assist Buyers and Sellers in navigating the forms and are by no means a replacement for the full text and legal ramifications of each form. Everyone is encouraged to seek independent professional advice before signing any forms and not rely solely on the explanations contained herein. Please be aware that each and every real estate transaction or proposed transaction is unique and that TrilliumWest Real Estate Brokerage does not warrant and is not liable or responsible in any way for the adequacy, sufficiency, applicability, accuracy or suitability of any of the explanations or provisions herein after set out. Table of Contents TRILLIUMWEST PLAIN LANGUAGE FORMS FORM 100 AGREEMENT OF PURCHASE AND SALE 3 FORM 320 CONFIRMATION OF CO-OPERATION AND REPRESENTATION 8 FORM 300 BUYER REPRESENTATION AGREEMENT 10 FORM 101 AGREEMENT OF PURCHASE AND SALE - CONDOMINIUM RESALE 14 FORM 200 LISTING AGREEMENT 20 APPENDICES FORM 100 AGREEMENT OF PURCHASE AND SALE 24 FORM 320 CONFIRMATION OF CO-OPERATION AND REPRESENTATION 31 FORM 300 BUYER REPRESENTATION AGREEMENT 35 FORM 101 AGREEMENT OF PURCHASE AND SALE - CONDOMINIUM RESALE 38 FORM 200 LISTING AGREEMENT 45 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM AgreementFORM of Purchase 100 and Sale Plain Language Forms The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the quality of services they provide. Used under license. © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. Form 100 Revised 2019 3 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 Agreement of Purchase and Sale Agreement of Purchase and Sale Form 100 (Full legal names of all Buyers) for use in the Province of Ontario Form 100 for use in the Province of Ontario (Full legal names of all Sellers) This Agreement of Purchase and Sale dated this ....................... day of .................................................................................................... 20............ This Agreement of Purchase and Sale dated this ....................... day of .................................................................................................... 20............ BUYER: ......................................................................................................................................................................., agrees to purchase from BUYER: ......................................................................................................................................................................., agrees to purchase from SELLER: ...........................................................................Agreement..........................................................................................................., of the following (Full legal names of all Buyers) SELLER: ......................................................................................................................................................................................, the following REAL PROPERTY: Purchase and Sale (Full legal names of all Sellers) REAL PROPERTY: Address ........................................................................................................................................................................................................... Form 100 Dollars (CDN$) .......................................... for use in the Province of Ontario Address FOR ............................................................................ USE IN THE PROVINCE OF ONTARIO............................................................................................................................... fronting on the ...................................................................................FORM 100 side of .................................................................................................... in the ........................................................................................................................GENERALfronting USE on the .......................................................................................................................................................................... side of .................................................................................................... and having a frontage of ...............................................................This documentin the ........................................................................................................................ is used to detail more the orAgreement less terms by a depth& conditions of ............................................................ ofof the Purchase offer from the andBuyer .......................................................................................more oras Salelesswell as any subsequent counter(Legal description offers of fromland including Seller easements & Buyer not described until elsewhere)an agreement is made between the two parties. and legally described as ......................................................................................................and having a frontage of ............................................................................................................................................. more or less by a depth of ............................................................ more or less ...............................................................................................................................and legally described as ........................................................................................................................................................................ (the.............................................................................. “property”) DEPOSITForm 100 for use in the Province of Ontario PURCHASE PRICE: The............................................................................................................................... Buyer includes(Herewith/Upon a deposit Acceptance/as in the otherwiseoffer describedto show in thissincerity Agreement) and to the ..................................................................make the agreement legally binding. (the “property”) (Full legal names of all Buyers) The deposit is considered(Legal to be description part of of landthe includingpurchase easements price not and described will elsewhere)be credited towards the down payment ...............................................................................................................................This Agreement of Purchase and Sale dated this ..................................................................................................... day of .................................................................................................... Dollars 20............ PURCHASEon closing. PRICE: (Full legal names of all Sellers) DEPOSIT: Buyer submits ...................................................................................................................................................................................BUYER: ......................................................................................................................................................................., agrees to purchase from ...............................................................................................................................*It should be noted that the deposit will be cashed upon receipt so funds need.............................................................................. to be available.Dollars (CDN$) .......................................... Dollars ........................................................................................SELLER: ..................................................................................................................................................................................................................................................., Dollars (CDN$) .......................................... ............... the following DEPOSIT: Buyer submits ................................................................................................................................................................................... by negotiable cheque payable1. IRREVOCABILITY to ............................................................................................................................ “Deposit Holder” to be held (Herewith/Upon Acceptance/as otherwise described in this Agreement) in trust pending completionREAL or other PROPERTY: termination of this Agreement and to be credited toward the Purchase Price on completion. For the purposes of this .....................................................................................................................................................(Seller/Buyer) Dollars (a.m./p.m.) (CDN$) .......................................... Agreement, “Upon Acceptance”This is