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 on the explanations contained herein. independent professional advice before signing any forms and not rely solely

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, or provisions herein after set out. sufficiency, applicability, accuracy or suitability of any of the explanations 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

Plain Language Forms

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: ...... , the following (Full legal names of all Buyers) SELLER: ...... , the following

REAL PROPERTY: (FullAgreement legal names of all Sellers) of REAL PROPERTY: Address ...... Form 100 Dollars (CDN$) ...... for use in the Province of Ontario Address ...... Purchase...... and Sale fronting on the ...... side of ...... in the ...... fronting on the ...... side of ...... FORM 100 FOR USE IN THE PROVINCE OF ONTARIO and having a frontage of ...... in the ...... more orAgreement less by a depth of ...... of Purchase and ...... more or Saleless (Legal description of land including easements not describedGENERAL elsewhere) USE and legally described as ...... and having a frontage of ...... This document...... is used more to detail or less theby a terms depth of & ...... conditions of the offer from the more Buyer or less as well as any subsequent

...... and legally described as ...... counter...... offers from Seller & Buyer until (the ...... an “property”) agreement is made between the two parties. Form 100 for use in the Province of Ontario PURCHASE PRICE: ...... (Herewith/Upon Acceptance/as otherwise described in this Agreement) ...... (the “property”) (Full legal names of all Buyers) (Legal descriptionDEPOSIT of land including easements not described elsewhere) ...... This Agreement of Purchase and Sale dated this ...... day of ...... Dollars 20...... PURCHASE PRICE: The Buyer(Full includes legal names ofa alldeposit Sellers) in the offer to show sincerity and to the make the agreement legally binding. DEPOSIT: Buyer submits ...... BUYER: ...... , agrees to purchase from The deposit is considered to be part of the purchase price and will be credited towards the down payment ...... Dollars (CDN$) ...... Dollars on closing...... SELLER: ...... , Dollars (CDN$) ...... the following DEPOSIT: Buyer submits ...... *It should be noted that the deposit will be cashed upon receipt so funds need to be available. by negotiable cheque payable 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$) ...... Agreement, “Upon Acceptance” shall mean that the Buyer is required to deliver the deposit to the Deposit Holder within 24 hours of the acceptance of this Agreement. The partiesAddress to this ...... Agreement hereby acknowledge1. IRREVOCABILITY that, unless otherwise provided...... for in this Agreement, the Deposit Holder shall place the deposit inby trust negotiable in the Deposit cheque Holder’s payable non-interest to ...... bearing Real Estate Trust Account and no interest shall be earned, ...... received or paid on the “Deposit deposit. Holder” to be held in trust pending completion or other terminationThis of this is Agreement the time and frame to be forcredited which toward the the offer Purchase is goodPrice on until. completion. If the For offer the purposes is not of accepted this within the allotted time Agreement, “Uponfronting Acceptance” on the ...... shall mean that the Buyer is required to deliver the deposit side of to ...... the Deposit Holder...... within 24 hours of the acceptance of Buyer agrees to pay the balance as more particularly set out in Schedule A attached. this Agreement. The parties to this Agreement herebyperiod acknowledge the offer that, is unlessNull andotherwise Void provided and no for longer in this Agreement,binding. the Deposit Holder shall place 6 1 the deposit in trustin thein the...... Deposit Holder’s non-interest bearing Real Estate Trust Account and no interest shall...... be earned, received or paid on the deposit. SCHEDULE(S) A...... attached hereto form(s) part of this Agreement.Dollars (CDN$) ...... *If the offer is signed back a new irrevocable will be opened up at that time ® Dec/2018

1.Buyer IRREVOCABILITY: agrees toand pay This having theoffer balanceashall frontage be irrevocable asof ...... more by particularly ...... set out in Schedule more A attached. or less until by a...... depth of ...... on the ...... WEBForms more or less

Form 100 Revised 2019 Page of day of ...... 20 ...... , after which time, if not accepted, this offer shall be null and void and the deposit SCHEDULE(S) A...... and legally described as ...... 2. COMPLETION DATE attachedWhere hereto a Brokerage ...... form(s) partrepresents of this bothAgreement. shall be returned to the Buyer in full without interest.(Legal description of land including easements not described elsewhere) This is the date that the property is scheduled to change handsof acceptance and unless thereof otherwise stated in the agreement; 1. IRREVOCABILITY:3...... This offer shall be irrevocable by ...... until...... on the ...... (the “property”) NOTICES: Any notice relating hereto or provided for herein shall The Seller hereby appointsThe the Seller Listing hereby BrokerageINITIALS appoints as OFtheagent BUYER(S):Listing for theBrokerage Seller for as the agent purpose for the of Seller giving for and the receiving purpose INITIALS noticesof givingOF SELLER(S):pursua and ntreceiving to this notices pursuant to this 2. COMPLETIONAgreement. DATE: This Where Agreement a Brokerage shallvacant be (Buyer’s completed possession Brokerage) by no later is has tothan entered be 6:00 provided. p.m.into aon representation the ...... agreementday of ...... with the Buyer, the Buyer hereby appoints the 3. NOTICES: day of ...... 20 ...... Buyer’s Upon Brokerage completion, as agent vacant for possession the purpose 20 of ...... ,theof givingproperty after and(Seller/Buyer) shallwhich receiving be time, given notices if to not the accepted, Buyerpursuant unless tot his thisotherwise offer Agreement. shall provided (a.m./p.m.) be null for and in thisvoid Agreement. and the deposit Agreement. Where a BrokeragePURCHASE (Buyer’s PRICE: Brokerage) *The has enteredcompletion into a representationdate cannot agreement be on a weekendwith the Buyer, or Stat the Buyer Holiday. hereby appoints the Buyer’sshall Brokerage be returned as agentthe to the Seller for Buyer the and purpose in full the without Buyerof giving interest. (multiple and receiving representation), notices pursuant the to Brokeragethis Agreement. shall not be appointed or authorized to be agent for the Seller and theeither Buyer the (multiple Buyer or representation), the Seller for the the purpose Brokerage(Herewith/Upon of giving shall notAcceptance/as and be receiving appointed otherwise notices. or described authorized in this Agreement) to be agent for ...... Dollars 2.either COMPLETION the Buyer DATE: beor inthe writing. This Seller Agreement In for addition the shall purpose to anybe completed provision of giving containedby no and later receivingherein than 6:00and notices.in p.m. any on Schedule the ...... hereto, daythis offer,of ...... any counter-offer, notice be 3.in writing. In additionor any tonotice any toprovision be given contained or received3. NOTICESherein pursuant and in to any this ScheduleAgreement hereto, or any this Schedule offer, any hereto counter-offer, (any of them, notice “Document”) shall be deemed given and NOTICES: The trademarksDEPOSIT: REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by or any notice to bereceived Thegiven Canadian or when received Real deliveredEstate Associationpursuant Buyer personally submits (CREA)to this and or...... Agreement identify hand the delivered real or estate any professionals toSchedule the Address who hereto are formembers (any Service ofof CREA them, provided and “Document”)the in the Acknowledgement shall be Wheredeemed below,agiven Brokerage and or where represents a facsimile both 20 ...... Agreement. Upon WhereThequality Sellercompletion, of a services Brokerage hereby they vacantprovide.appoints (Buyer’s Used possession the under Brokerage) Listing license. of Brokerage the has property entered as agent shallinto a befor representation giventhe Seller to the for Buyeragreement the purpose unless with otherwiseof givingthe Buyer, andprovided thereceiving Buyer for inherebynotices this Agreement. apursuappointsnt theto this received when deliverednumber orpersonally email address or hand is provideddeliveredThis paragraphherein, to the Addresswhen transmittedoutlines for Service theelectronically provided various in to theforms that Acknowledgement facsimile(For of deliverycommunication number of Documents below, or email or to address,where Buyer)that aare respectifacsimile acceptablevely, in which to delivercase, notice. Buyer’s Brokerage as agent for the purpose of giving and receiving notices pursuant to this Agreement. Any notice relating hereto or ...... provided for herein shall ©the 2019, signature(s) Ontario Real Estateof the Association party (parties) (“OREA”). Allshall rights be reserved. deemed This form to bewas original.developed by OREA for the use and reproduction numberthe or Seller email by and addressits members the is Buyerand provided ...... licensees (multiple only. herein, Any other representation),when use or transmitted reproduction is electronically prohibited the Brokerage except withto thatprior shall writtenfacsimile notconsent...... number be of OREA. appointed orDo emailnot alter or address, authorized respecti tovely, be in agentDollars which for(CDN$)case, ...... when printing or reproducing the standard pre-set*If portion.multiple OREA bearsrepresentation, no liability for your use ofthe this form.notice must be delivered and acknowledged by the Buyer and Seller directly theeither signature(s) the Buyerof the partyor the (parties) Seller shall for bethe deemed purpose to be of original. giving and receiving notices. [email protected](For delivery of Documents to Buyer) be in writing. FAX No.: In ...... addition to anyby negotiableprovisionINITIALS contained cheque unlessOF BUYER(S): payable herein authority andto ...... in hasany Schedule been granted hereto, FAX No.: this elsewhere ...... offer, any counter-offer,inINITIALS...... this agreement OF notice SELLER(S): of ...... purchase andof acceptance sale “Deposit for thereof the Holder” sales to representativebe held (For delivery of Documents to Seller) Theor trademarks any notice REALTOR®, to be given REALTORS®, or receivedin MLS®, trust Multiple pendingpursuant Listing completionto Services® this Agreement and or associatedother or termination any logos Schedule are owned of this hereto or controlledAgreement (any by of andthem, to “Document”) be credited towardshall be the deem Purchaseed given Price and on completion. For the purposes of this The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the FAXqualityreceived No.: of services...... when they delivered provide. Used personally underAgreement, license. or hand “Upon deliveredto act Acceptance” tofor the both Address shall parties. for mean FAX Service thatNo.: theprovided ...... Buyer isin requiredthe...... Acknowledgement to deliver the depositbelow, toor thewhere Deposit a facsimile Holder within 24 hours of the acceptance of (For delivery of Documents to Seller) © 2019,number Ontario Email Realor email Estate Address: Associationaddress ...... is(“OREA”). providedthis All rightsAgreement.herein, reserved. when ThisThe transmitted form parties was developed to electronically this Agreement by OREA forto herebythethat Emailuse facsimile and acknowledge Address: reproduc numbertion ...... that,or email unless...... address, otherwise respecti providedvely, forin whichin this case,Agreement, the Deposit Holder shall place by its members and licensees only. Any other use(For or delivery reproduction of Documents is prohibited to except Seller) with prior written consent of OREA. Do not alter when printingthe signature(s) or reproducing of the the standard party pre-set(parties) portion.the shall deposit OREA be bearsdeemed in trust no liability into thebe for Depositoriginal. your use ofHolder’s this form. non-interest bearing Real Estate TrustWhere Account a Brokerage and no interest represents shall be earned, both received or paid on the deposit...... Email Address: ...... Email Address: ...... (Seller/Buyer) (a.m./p.m.) (For delivery4. of CHATTELS Documents to Seller) INCLUDED Any notice relating hereto or provided for herein shall Buyer agrees to pay the balance as more particularly set out in Schedule(For delivery A of attached. Documents to Buyer) FAX No.: ...... 4. CHATTELS INCLUDED:...... FAX No.: ...... Form 100 Revised...... 2019 Page of This section allows the Buyer and Seller to negotiate any items they 1wish6 to include in the agreement 4. CHATTELS INCLUDED:...... SCHEDULE(S) A...... [email protected]...... attached hereto form(s) part of this Agreement. WEBFormsof acceptance® Dec thereof/2018 which are not affixed to the property. Not limited(For delivery ofto Documents but common to Buyer) examples are appliances, sheds, Email Address: ...... (For delivery of Documents to Seller) Email Address: ...... 1. IRREVOCABILITY: This offer shall be irrevocable by ...... until ...... on the ...... garage door remotes etc. (For delivery of Documents to daySeller) of ...... 20 ...... , after which time, if not accepted, this offer shall be null and void and the deposit 4. *The guide to follow is “when in doubt spell it out”. Best practice is clear descriptions of the items so as to CHATTELS INCLUDED:...... 6 shall be returned to the Buyer in full without interest. 1 avoid confusion. (For delivery of Documents to Buyer) ® Dec/2018 2. COMPLETION DATE: [email protected] WEBForms Unless otherwise stated in this Agreement or any Schedule hereto, Seller This agrees Agreement to convey shall all be fixtures completed and by chattels no later included than 6:00 in the p.m. Purchase on the Price...... free day of ...... Form 100 Revised 2019 Page of (For delivery of Documents to Buyer) from all liens, encumbrances or claims affecting the20 said ...... fixtures Uponand chattels. completion, vacantINITIALS possession OF of BUYER(S): the property shall be given to the Buyer unless otherwise INITIALS provided OF SELLER(S):for in this Agreement. Unless otherwise stated in this Agreement5. or FIXTURES any Schedule hereto, EXCLUDED Seller agrees to convey all fixtures and chattels included in the Purchase Price free from all liens, encumbrances or claims affectingThis includes the said fixturesany items and chattels.that are attached to the house that both the Seller and Buyer agree will be removed 5. FIXTURES EXCLUDED:...... 5. FIXTURES EXCLUDED:...... prior to completion. Not limited to but common examples are...... chandelier, bathroom mirrors, TV Brackets, Unless otherwise stated in this Agreement or any Schedule hereto, Seller agreesThe trademarks to convey REALTOR®, all fixtures REALTORS®, and MLS®, chattels Multiple included Listing Services® in the Purchase and associated Price logos free are owned or controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the from all liens, encumbrances or claims affecting the said fixtures andReverse chattels.quality Osmosis of services they Water provide. treatment,Used under license. curtain and rods etc.

© 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction *Sameby its membersguiding and principlelicensees only. Any as other in use#3 or chattels- reproduction is prohibitedit is always except with best prior written to spell consent thingsof OREA. Do out not alter very clearly. Also keep in mind when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. 5. FIXTURES EXCLUDED:...... there may be holes, or damage during the...... process of removal. not included in the Purchase Price. The Buyer agrees

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 6. RENTAL ITEMSreal (Including estate professionals Lease, who are membersLease ofto CREA Own): and the The quality following of services theyequipment provide. Used is rentedunder license. and © 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 to assume the rental contract(s),RENTAL if assumable: ITEMS (Including Lease, Lease to Own): The following equipment is rented and reproduction6. 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. to assume the rental contract(s), if assumable: Form 100 Revised 2019 4 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 not included in the Purchase Price. The Buyer agrees 6. RENTAL ITEMS (Including Lease, Lease to Own): The following equipment is rented and to assume the rental contract(s), if assumable:

The Buyer agrees to co-operate and execute such documentation as may be required to facilitate such assumption.

The Buyer agrees to co-operate and execute such documentation as may be required to facilitate such assumption. 7. HST: If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be not 7. HST: If the sale of the property (Real Property as describedincluded in above) the Purchase is subject Price. to HarmonizedThe Buyer agrees Sales Tax (HST), then such tax shall be ...... the Purchase Price. If the sale of the property is not subject to HST, Seller agrees to certify on or before

The Buyer agrees to co-operate and(included execute in/in such addition documentation to) ...... as may(included be required in/in additionto facilitate to) such assumption. the Purchase Price. If the sale of the property is not subject to HST, Seller agrees to certify on or before closing, that the sale of the property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price. 6 closing, that the sale of the property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price. 2 of 7. INITIALS OF BUYER(S): INITIALS OF SELLER(S): HST: If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be ® Dec/2018 Form 100 Revised WEBForms2019 Page

...... the Purchase Price. If the sale of the property is not subject to HST, Seller agrees to certify on or before The trademarks REALTOR®, REALTORS®, MLS®,INITIALS Multiple Listing OF Services® BUYER(S): and associated logos are owned or controlled by INITIALS OF SELLER(S): The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the closing, that(included the sale in/in qualityof additionthe of property services to) they is provide.not subject Used underto HST. license. Any HSTThe trademarkson chattels, REALTOR®, if applicable, REALTORS®, is notMLS®, included Multiple Listingin the Services® Purcha andse Price.associated logos are owned or controlled by © 2019, Ontario Real Estate Association (“OREA”). All rights reserved.The Canadian This form Real was Estate developed Association by OREA (CREA) for theand use identify and reproducthe real estatetion professionals who are members of CREA and the by its members and licensees only. Any other use or reproduction qualityis prohibited of services except they with provide. prior written Used underconsent license. of OREA. Do not alter when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. © 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.

The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) andINITIALS identify the real OF estate BUYER(S): professionals who are members of CREA and the INITIALS OF SELLER(S): 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 Page

2 of WEBForms 6 ® Dec/2018

Form 100 Revised 2019 Page

of WEBForms 2 6 ® Dec/2018 Where a Brokerage represents both of acceptance thereof

Any notice relating hereto or provided for herein shall

The Seller hereby appoints the Listing Brokerage as agent for the Seller for the purpose of giving and receiving notices pursuant to this 3. NOTICES: NOTICES: 3. The Seller hereby appoints the Listing Brokerage as agent for the Seller for the purpose of giving and receiving notices pursuant to this Agreement. Where a Brokerage (Buyer’s Brokerage) has entered into aAgreement. representation Where agreement a Brokerage with the(Buyer’s Buyer, Brokerage) the Buyer herebyhas entered appoints into thea representation agreement with the Buyer, the Buyer hereby appoints the Buyer’s Brokerage as agent for the purpose of giving and receiving noticesBuyer’s pursuant Brokerage to this as Agreement.agent for the purpose of giving and receiving notices pursuant to this Agreement. the Seller and the Buyer (multiple representation), the Brokeragethe Seller shall and the not Buyer be appointed (multiple or representation), authorized to be the agent Brokerage for shall not be appointed or authorized to be agent for either the Buyer or the Seller for the purpose of giving and receiving notices. either the Buyer or the Seller for the purpose of giving and receiving notices. (For delivery of Documents to Buyer) be in writing. In addition to any provision contained herein and inbe any in writing.Schedule In hereto,addition this to offer,any provision any counter-offer, contained notice herein and in any Schedule hereto, this offer, any counter-offer, notice or any notice to be given or received pursuant to this Agreementor or any any notice Schedule to be hereto given (anyor received of them, pursuant “Document”) to this shall Agreement be deem ored any given Schedule and hereto (any of them, “Document”) shall be deemed given and received when delivered personally or hand delivered to the Addressreceived for when Service delivered provided personally in [email protected] Acknowledgement or hand(For delivered delivery below,of to Documents the orAddress where to Buyer) fora facsimileService provided in the AcknowledgementWhere below,a Brokerage or where represents a facsimile both number or email address is provided herein, when transmittednumber electronically or email to address that facsimile is provided number herein, or email when address, transmitted respecti electronicallyvely, in which to case,that facsimile number or email address, respectively, in which case, Any notice relating hereto or provided for herein shall the signature(s) of the party (parties) shall be deemed to be original.the signature(s) of the party (parties) shall be deemed to be original. (For delivery of Documents to Seller) FAX No.: ...... FAX No.: ...... of acceptance thereof FAX No.: ...... FAX No.: ...... (For delivery of Documents to Seller) (For delivery of Documents to Seller) Email Address: ...... Email Address: ...... Email Address: ...... Email Address: ......

(For delivery of Documents to Seller) (For delivery of Documents to Buyer) CHATTELS INCLUDED:...... 4. CHATTELS INCLUDED:...... 4. [email protected] (For delivery of Documents to Buyer)

Unless otherwise stated in this Agreement or any Schedule hereto, Seller agrees to convey all fixtures and chattels included in the Purchase Price free Unless otherwise stated in this Agreement or any Schedule hereto, Seller agrees to convey all fixtures and chattels included in the Purchase Price free from all liens, encumbrances or claims affecting the said fixtures and chattels. from all liens, encumbrances or claims affecting the said fixtures and chattels.

FIXTURES EXCLUDED:5...... 5. FIXTURES EXCLUDED:......

not included in the Purchase Price. The Buyer agrees

6. RENTAL ITEMS RENTAL ITEMS (Including Lease, Lease to Own): The following equipment is rented and 6. 6. RENTAL ITEMS (Including Lease, LeaseThis tosection Own): Thedeals following with equipmentitems that is rented are andcurrently rented on the property and not included in the purchase to assume tothe assume rental contract(s),the rental contract(s), if assumable: if assumable: price. Typical examples are hot water heaters, water softeners, sometimes furnace & A/C. *Note the items listed in this section must be assumed unless otherwise detailed in this agreement. It is strongly advised to review rental contracts prior to assumingnot included them. in the Purchase Price. The Buyer agrees

The The BuyerBuyer agreesagrees to co-operate andand executeexecute suchsuch documentationdocumentation7. HST as as may may be be required required to to facilitate facilitate such such assumption. assumption. 6 2 of HST: If the sale of the property (Real PropertyThis as describedsection above) details is subject how toHST Harmonized is to be Sales handled Tax there (HST), are if then applicable.no suchoutstanding tax shall Most, be however not all residential resale 7.7. HST: If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be ® Dec/2018 (included in/in addition to) there are no outstanding ...... agreements the Purchase Price. are If theexempt sale of the of property HST. is Certainnot subject tocommercial HST, SellerForm agrees 100 and to Revisedcertifynew on2019buildWEBForms or before residentialPage agreements may be ...... 8. TITLE SEARCH: the Purchase Price. If the sale of the property is not subject to HST, Seller agrees to certify on or before closing, that the sale of the property is INITIALSnot subject OF to HST.BUYER(S): Any HST on chattels, if applicable, is not included INITIALS in the Purcha OF SELLER(S):se Price. Buyer shall(included be allowed in/in additionuntil 6:00 to) p.m. on the ...... subject day to of HST...... , 20...... ,ees (Requisition to execute Date) and closing, that the sale of theto property examine is thenot titlesubjectBuyer to the toshall propertyHST. be Anyallowed at HST Buyer’s untilon chattels, own6:00 expense p.m. if applicable, on andthe ...... until is thenot earlier included day of of: ...... , in(i) thethirty Purcha daysse from Price. the later of the Requisition 20...... , Date (Requisitionor the date onDate) which 8. TITLE SEARCH: the conditions in this Agreement*HST can are befulfilled handled or otherwise in many waived different or; (ii) five ways days andprior towe completion,stronglyees to torecommendexecute satisfy and Buyer thatseeking independent advice from an to examine the title to the property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that work orders or deficiencyaccountant notices affecting the property, and that its present use (...... ) may The trademarks REALTOR®,be lawfully REALTORS®, continued MLS®, and Multiple that Listingthe principal Services® and building associated may logos be are insured owned or against controlled riskby of fire. Seller hereby consents to the municipality or other governmental work orders or deficiencyThe notices Canadian affecting Real8. Estate TITLE the Association SEARCH:property, (CREA) and and that identify its thepresent real estate use professionals (...... who are members of CREA and...... ) the may The trademarks8. TITLEBuyer REALTOR®, SEARCH:quality shall of REALTORS®,servicesbe allowedagencies they provide.MLS®, until releasingINITIALS Multiple 6:00Used under p.m. Listingto license.BuyerOF on Services® BUYER(S):the details ...... and ofassociated all dayoutstanding logos of ...... , are owned work or orders controlled and by deficiency INITIALS notices 20 ...... ,affectingOF SELLER(S): the(Requisition property, Date) and Seller agr be lawfully Thecontinued Canadian and Real Estatethat theAssociation principalBuyer (CREA) tobuilding shall examineand identifybe mayallowed thethe be realtitle insuredBuyer estateuntil to the professionals 6:00shall against property p.m.be allowed riskwho on at areoftheBuyer’s fire.members until...... Sellerown6:00 of CREA expense p.m.herebyday and ofon the consents ...... ,andthe ...... until to the the earlier daymunicip of of:ality ...... , (i) orthirty other days governmental from 20 the...... , later of (Requisition the Requisition 20 Date)...... , Date (Requisitionor the date onDate) which quality of servicesto© 2019,examine they Ontarioprovide. the Real Used delivertitle Estate under to Associationthesuch license. property further (“OREA”). authorizationsat Buyer’s All rights ownreserved. in expense this This regard form andwas asdeveloped until Buyer the bymay earlier OREA reasonably for of: the (i) use thirty and require. reproduc days tionfrom the later of the Requisition Date or the date on which © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This8. form TITLE was developed SEARCH by OREA for the use and reproduction agencies8. TITLE releasingSEARCH: to by Buyer its members details and oflicensees all outstandingthe only. conditions Any other work use in or ordersthisreproduction Agreement and is deficiencyprohibited are fulfilledexcept notices with prioror affectingotherwise written consent the waived ofproperty, OREA. or; Do (ii) andno tfive alter Seller days agr priorand to providing completion, that to such satisfy Buyer that by its members and licenseesthewhen conditions printing only. Any or reproducingotherin this use Agreement or thereproduction standard arepre-set is prohibited fulfilled portion. except OREA or otherwise withbears prior no liabilitywritten waived forconsent your or; ofuse (ii)OREA. of thisfive Doform. nodayst alter prior to completion, to satisfy Buyer that deliverwhento such examineprinting further or reproducingthe authorizations title to thethe 9.standard property in pre-set this at regard portion.Buyer’s OREAas own Buyer bears expense mayno liability reasonablyand for until your the use require. earlierof this form. of: (i) thirty days from the later of the Requisition Dateg or such the datehave on been which FUTURE USE: Seller and Buyer agree that there is no representation or warranty of any kind that the future intended use of the property by Buyer is the conditions in this Agreement are fulfilled or otherwiseThis waived sets or; out (ii) fivethe daystime prior frame to completion, for the to Buyers satisfy Buyer lawyer that to do theand providingnecessary that searchessuch of title on the property to cipality or regulatedg such have been work orders oror deficiency will bework lawful ordersnotices except or affecting deficiency as may the be specificallynoticesproperty, affecting and provided that the its property,forpresent in this use andAgreement. (...... that its present use (...... )...... )there may are no outstanding may FUTURE USE: Seller and Buyer agree that there is no representation or warranty of any kind that the future intended use of the propertyroperties; by andBuyerthere (d) is any are no outstanding 9. be lawfully continued beand lawfully that the continued principalensure and building that the the may principalBuyer be insured isbuilding receiving against may risk be free of insured fire. and Selleragainst clear hereby risktitle. of consents fire. Seller to the hereby municipcipality consentsality oror toregulatedother the governmentalmunicip ality or other governmental or will workbe lawful orders except or deficiency as10. may be notices specifically affecting provided the property, for in thisand thatAgreement. its present use (...... ) may TITLE: Providedagencies that releasing the title to to Buyer the property details ofis goodall outstanding and free fromwork all orders registered and deficiency restrictions, notices charges, affecting liens, andtheroperties; encumbrancesproperty, and and (d) Sellerex anycept agr as otherwise be lawfullyagencies continued releasing and that to the Buyer principal details building of all outstandingmay*This be dateinsured work is againsttypically orders risk and of1-2 deficiencyfire. weeks Seller prior herebynotices to consents affectingclosing to the the property,municipality and or Sellerother governmentalagr deliver such furtherspecifically authorizationsdeliver provided such further in this authorizationsregardAgreement as Buyer and in save thismay regard andreasonably except as Buyer for require. (a) may any reasonably registered require.restrictions or or covenants to any outstanding that run with work the l TITLE: Providedagencies releasingthat the title to Buyerto the detailsproperty of isall good outstanding and free work from orders all registered and deficiency restrictions, notices charges, affecting liens, the andproperty, encumbrances and Seller ex agrcept as otherwise 10. are complied with; (b) any registered municipal agreements and registered agreements with publicly regulated utilities providin there are no outstanding deliver such further authorizations in this regard as Buyer may reasonably require. Form 100 Revised 2019 or to any Page outstanding work specifically provided in this Agreement9. FUTURE and USE:save and except for (a) any registered restrictions or covenants that run with the l ees to execute and 9. FUTURE USE:complied Seller with,and Buyeror security agree Seller has that beenand there Buyer posted is no agree torepresentation ensure that there compliance isor no warranty representation and completion, of any kindor warranty as that evidenced the offuture any by intendedkind cea lettersave that fromandtheuse future exceptofthe the relevant intended propertyagainstees to muni execute useby Buyerof the and isproperty by Buyer is are complied with; (b) any registered municipal agreements and registered agreements with publicly regulated utilities providin utility; (c)or any will minor be lawful easements except for as the may supply be specifically of domestic providedutility or telecommunicationfor in this Agreement. services to the propertyand which or adjacent Buyer will p not of FUTUREor will USE: be lawfulSeller andexcept Buyer as agreemay be that specifically there is9. no FUTURE representationprovided for USEin or this warranty Agreement. of any kind that the future intended use of the propertyce save by and Buyer2 except is6 against complied9. with, or security has been posted to ensure compliance and completion, as evidenced by a letter from the relevant muni WEBForms or will be lawfuleasements except as formay drainage, be specifically storm or provided sanitary for sewers, in this publicAgreement. utility lines, telecommunication lines, cable television lines orand othe® whichDecr services/2018 Buyer which will not do not utility; (c) any minor easements10. forTITLE: the supplyProvided of thatdomestic the title utility to the or telecommunicationproperty is good and services free from to the all property registered or restrictions,adjacent p charges, liens, and encumbrances except as otherwise 10. TITLE: Providedmaterially that affectthe title the to use the ofproperty the property.This is good section If withinand free thedetails from specified all that registered times there referred restrictions, is no to guarantee in paragraphcharges, liens, as8 toany and thevalid encumbrances future objection use to title exofcept the as property otherwise exceptees to execute for the and use provided easements for drainage, storm specificallyor sanitary sewers,provided public in this utility Agreement lines, telecommunication and save and except lines, for cable (a) anytelevision registered lines restrictions or other services or conclusivelycovenants which thatdo deemed not run with to the l TITLE:specifically Providedorder provided that or thedeficiency intitle this to the Agreementnotice, property or to andis the good save fact and theand free saidexcept from present for all (a)registered use any may registered notrestrictions, lawfully restrictions charges,be continued, or liens, covenants orand that encumbrances thatthe principalrun with exthebuildingcept l as otherwisemay not be insured against materially10. affect the use of the property. If within the specified times referred to in paragraph 8 any valid objection to title specificallyrisk provided of fireare inis compliedthismade Agreement in with;writing (b) andto any Sellersavein registered point andand exceptwhich #8 municipal forabove.Seller (a) is anyagreements unable registered or unwillingand restrictions registered to remove, or agreementscovenants remedy that withor run satisfy publicly with orthe regulatedobtain l insuran utilitiesconclusively providin deemed to order or deficiencyare complied notice, with; or (b) to theany fact registered the said municipal present use agreements may not lawfully and registered be continued, agreements or that with the publiclyprincipal regulated building utilitiesmay not providinbe insured against are compliedrisk of with; firecomplied (b) (Title any Insurance) registered with, or in securitymunicipal favour hasof agreementsthe been Buyer posted and and toany registeredensure mortgagee, compliance agreements (with andall with related completion, publicly costs regulated asat the evidenced expense utilities by ofprovidin thea letter Seller), from the relevant muni risk of firecomplied is made with,in writing or security to Seller has and been which posted Seller to*For isensure unable example compliance or unwilling if this and toagreement completion,remove, remedy statesas evidenced or satisfythat thebyor aobtain presentletter insuran from use the isrelevant a single muni family residence,and providing there that such would be no guarantee compliedwaive, with, thisorutility; security Agreement (c) has any beennotwithstanding minor posted easements to ensure any for intermediate thecompliance supply of actsand domestic orcompletion, negotiations utility asor evidencedtelecommunicationin respect byof sucha letter objections, services from the to relevantshall the property be muniat anand orend adjacentproviding and all pmonies that such paid risk of fireutility; (Title (c) Insurance) any minor in easements favour of the for theBuyer supply and ofany domestic mortgagee, utility (with or telecommunication all related costs at servicesthe expense to the of propertythe Seller), or adjacent p g such have been utility;shall (c) any be minorreturnedeasements easements without for drainage, interestfor the supplyor storm deduction of or domestic sanitary and Seller,utility sewers, orListing telecommunicationpublic Brokerage utility lines, and servicestelecommunication Co-operating to the propertyBrokerage lines, or cableshalladjacent nottelevision bep liable lines fog r or suchany othe costshaver services orbeen damages. which do not waive, thiseasements Agreement for drainage,notwithstanding storm orany sanitary intermediate sewers,that acts inpublic orthe negotiations utilityfuture lines, the intelecommunication Buyerrespect ofcan such operate objections, lines, cablea business shall television be at an lines end or a ndothe allr servicesmonies paidwhich docipality not or regulated easementsSave as for to materiallydrainage, any valid stormaffectobjection orthe sanitary useso madeof thesewers, byproperty. such public day If utility withinand exceptlines, the specified telecommunication for any objection times referred goinglines, to cableto in the paragraph televisionroot of the lines8 title,any or Buyer validothe r shallobjectionservices becipality whichto title or do regulated not shall bematerially returned withoutaffect the interest use of or the deduction property. and If within Seller, the Listing specified Brokerage times and referred Co-operating to in paragraph Brokerage 8 shallany valid not beobjection liable fo tor anytitle costs or damages.roperties; and (d) any materiallyhave accepted affectorder the Seller’s or use deficiency of titlethe toproperty. the notice, property. If orwithin to the the fact specified the said times present referred use tomay in notparagraph lawfully 8be any continued, valid objection or that tothe title principalroperties; building and ma y(d) notand any be providing insured againstthat such Save asorder to any or deficiencyvalid objection notice, so madeor to theby factsuch the day said and presentexcept foruse anymay objection not lawfully going be tocontinued, the root ofor thethat title, the Buyerprincipal shall building be inma yconnection not be insured with theagainst order or deficiencyrisk of fire notice, is made or to in the writing fact the to saidSeller present and whichuse maySeller not is lawfully unable beor continued,unwilling toor remove,that the remedyprincipal orbuilding satisfy ormay obtainnot orbe insuran toinsured any outstanding against work risk11. of fire is made in writing to Seller and which Seller is unable or unwilling to remove, remedy or satisfy or obtain insuran g such have been have accepted CLOSING Seller’srisk titleARRANGEMENTS: of to fire the (Titleproperty. Insurance) Where in10. favoureach TITLE of of the the Seller Buyer and and Buyer any retainmortgagee, a lawyer (with to allcomplete related thecosts Agreement at the expense of Purchase of the andSeller), Sale in of connection the property, with the risk of firerisk of(Title fire Insurance) is made in in writingfavour to ofSeller the Buyerand whichand anySeller mortgagee, is unable or(with unwilling all related to remove, costs remedyat the expense or satisfy of theor obtain Seller), insuran or to any outstanding workcipality or regulated andrisk where of firewaive, the (Title transaction thisInsurance) Agreement will in be favour notwithstandingcompleted of the byBuyer electronic any and intermediate any registration mortgagee, acts pursuant (withor negotiations all to related Part III in costsof respect the at Landthe of expense Registrationsuch objections, of the Reform Seller), shall Act be, R.S.O. ceat ansave end1990, and and except Chapterroperties; all monies against and paid (d) any CLOSINGwaive, thisARRANGEMENTS: Agreement notwithstanding Where each any of intermediate the Seller and acts Buyer or negotiations retain a lawyer in respect to complete of such the objections, Agreement shall of Purchase be at an and end Sale and ofall the monies property, paid 11. L4 andwaive, the shallthisElectronic Agreement be returned Registration notwithstanding without Act, interest S.O.This any 1991,or sectionintermediatededuction Chapter also and 44,acts Seller,ties andor negotiations intoany Listing amendments point Brokerage in #8 respect thereto,above. and of Co-operatingsuch the It objections,Seller provides and Brokerage Buyershall that beacknowledge the shallat an Buyer not end be a and ndliable is all entitledagree moniesfor anythat paid coststo free or damages. and clear title but must shall be returned without interest or deduction and Seller, Listing Brokerage and Co-operating Brokerage shall not be liablece fo saver any and costsand except which or damages. againstBuyer will not and wherethe theexchangeshall transaction beSave returnedof asclosing will to anywithoutbe funds, completedvalid interest non-registrable objection byor deductionelectronic so made documents andregistration by suchSeller, and day Listingotherpursuant and itemsBrokerage except to (thePart for “Requisite IIIand any of Co-operating theobjection Land Deliveries”) Registration going Brokerage andto the theReform rootshall release of notAct the ,bethereof R.S.O.title, liable Buyer t o 1990,fo ther anyshall Seller Chapter costs be orand toor Buyeranydamages. outstanding work Save as to any valid objection so made by suchaccept day and title except subject for any to objection any easements going to the root(telephone, of the title, Buyergas, shallsewers beand etc), which restrictiveBuyer will not covenants and any municipal L4 andwill the (a)Electronic Savenot haveoccur as Registrationto accepted atany the valid same Seller’sAct,objection time S.O. astitle sothe1991, to made registrationthe Chapterproperty. by such of44, day the and andtransfer/deed any except amendments for (andany objection any thereto, other going thedocuments Seller to the and rootintended Buyer of the acknowledgeto title, be registeredBuyer shall and be agree that have accepted Seller’s title to the property. the exchangecompletion of closingof this transaction)funds, non-registrable and (b) be documentssubject to conditionsand other wherebyitems (the the “Requisite lawyer(s) Deliveries”) receiving any and of the the release Requisite thereof Deliverie to thes willSeller be and required Buyer to hold have accepted Seller’s title to the property. conclusivelyce save deemed and except to against will (a) not 11.occur at the same time as the registrationagreements, of the transfer/deed zoning (andbylaws any otheror utility/service documents intended contracts to be registered must be assumed by the Buyer. same in trustCLOSING and not release ARRANGEMENTS: same except in accordanceWhere each with of the the Seller terms andof a Buyerdocument retain registration a lawyer toagreement complete between the Agreement the said of la Purchasewyers. The and Seller whichSale of Buyer the property, will not 11. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase conclusivelyand Sale of thedeemed property, to completionand Buyer of irrevocablythisCLOSINGand transaction) where instructARRANGEMENTS:the transactionand the (b) said be willsubjectlawyers be *VariousWhere completedto to conditions be each bound issues ofby the wherebybyelectronic relatedSellerthe document theand registration tolawyer(s) Buyer title registration retain can receivingpursuant abe lawyer agreement convoluted toany Part to of complete IIIthe which of Requisite theand is theLand recommended itAgreement DeliverieisRegistration adviseds of will from Purchase toReform be consult ti merequired Acttoand time, R.S.O.yourSale to by hold of lawyerthe 1990,the property, Chapter and where11. the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter sameLaw inSociety trust and L4ofand andOntario. not where therelease Electronic theUnless sametransaction otherwise Registrationexcept will in agreed beaccordance Act,completed to S.O. by the with1991, by lawyers, electronicthe Chapter terms such registrationof 44, exchangea document and any pursuant of amendments registrationRequisite to Part Deliveries agreement IIIthereto, of the shallLandthe between Seller occur Registration andby the the Buyersaid Reformdel la iveryacknowledgewyers. Act of ,the TheR.S.O. Requisite Seller and 1990, agree Chapter that L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that andDeliveries Buyer irrevocablyofthe eachL4 exchange and party instructthe to Electronic ofthe closing the office said Registrationfunds, oflawyers the non-registrablelawyer to Act, be for boundS.O. the 1991, otherdocuments by the partyChapter document orand such 44, other registration andother items any location (theamendments agreement “Requisite agreeable thereto,which Deliveries”) to both is the recommended lawyers. Seller and andthe releaseBuyer from acknowledge tithereofme to time to the by and Seller the agree and that Buyer the exchange of closing funds, non-registrable documents and other items (the “Requisite Deliveries”) and the release thereof to the Seller andconclusively Buyer deemed to Law Societywill of Ontario.the(a) notexchange occur Unless atof otherwisetheclosing same funds, timeagreed non-registrableas theto by registration the lawyers, documents of thesuch transfer/deed and exchange other items of (andRequisite (the any “Requisite otherDeliveries documents Deliveries”) shall occur intended and by the the torelease bedel iveryregistered thereof of the to Requisite the Seller and Buyer 12.will DOCUMENTSDeliveries (a) not occur of each ANDatwill the party (a) DISCHARGE:same not to timeoccurthe office as at the the of registrationBuyersame the lawyer 11.timeshall CLOSING as notof for thethe callthe registration transfer/deed forother the partyARRANGEMENTSproduction of theor (and such transfer/deed ofany other any other locationtitle documents deed,(and agreeableany abstract, other intended documentstosurvey both to beorlawyers. otherregisteredintended evidence to be ofregistered titleo be to registered,the property on completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be requiredo tobe hold registered, on completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold except such assame are in incompletion trust the possessionand notof this release ortransaction) control same of except andSeller. (b) in Ifbe accordancerequested subject to by conditionswith Buyer, the Sellerterms whereby ofwill a deliverdocumentthe lawyer(s) any registration sketch receiving or survey agreementany of of the the Requisite betweenproperty Deliveriethewithina mortgage said Seller’s sla willwyers. statementbe required The Seller to hold same in trust and not release same except in accordanceWe now with live the in terms a digital of a document age and registration this section agreement outlines between how the electronic said la wyers.in connection closing The Seller with will the happen. a mortgage statement 12.control DOCUMENTS to Buyerand as Buyer soon ANDsame irrevocably as DISCHARGE:in possible trust and instruct and not prior release the tosaid the same lawyers Requisition except to inbe Date. accordance bound If a bydischarge the with document the of terms any registration Charge/Mortgageof a document agreement registration held which by agreement a iscorpora recommended tionbetween incorporated fromthe said time la towyers. time byThe the Seller and Buyer irrevocably instruct the said lawyersBuyer shall to benot bound call for by the the production document of registration any title deed, agreement abstract, which survey is recommendedor other evidence from in of connectionti titleme to timethe propertywith by the the pursuantexcept to the suchLaw Trust Societyas Andareand inLoanof Buyer theOntario. Companiespossession irrevocably Unless orAct otherwise instructcontrol (Canada), theof agreed Seller.said Chartered lawyers Ifto requested by Bank,theto be lawyers, Trustboundby Buyer, Company, suchby theSeller exchange document Creditwill deliver of Union,registration Requisite any Caisse sketch Deliveriesagreement Populaire or survey shall which or of Insuranoccur t heis recommendedproperty byce theCompany del withinivery from Seller’sof titheme Requisite to time by the Law Society of Ontario. Unless otherwise agreed*In to byperson the lawyers, signingBuyer suchshall of exchangenot closing call for ofdocumentsthe Requisite production Deliveries isof theany titlecommonshall deed, occur abstract, methodby the delsurvey iveryhowever or of other the situations Requisiteevidence of cantitle to arise the property when parties are not and whichcontrol is Deliveriesnot to Buyerto be assumedasofLaw eachsoon Society aspartyby possible Buyer of to Ontario. the on andoffice completion, Unlessprior of theto otherwise the lawyeris notRequisition available foragreed the Date. other toin byregistrable If partythe a dischargelawyers, or suchform such otheronof any completion,exchange location Charge/Mortgage ofagreeable Buyer Requisite agrees to Deliveries held both to byacce lawyers. a shall ptcorpora Seller’s occurtion lawyer’sby incorporated the del ivery of the Requisite personalDeliveriespursuant undertaking of each to partythe to Trust obtain, toDeliveries theAnd officeout Loan of theeach Companiesof theclosing party lawyer tofunds, Act the for (Canada), officethea discharge other of the Charteredparty lawyerin registrableor such for Bank, the other form otherTrust location and Company,party to registeroragreeable such Credit othersame, to Union, location bothor cause lawyers. Caisse agreeable same Populaire t to both or lawyers.Insurance Company shall shall able to sign in person, a notary may be required, speak with your lawyer on inyour connection options with the title within12.and a reasonable DOCUMENTSwhich is not period to beAND ofassumed time DISCHARGE: after by completion,Buyer on completion, provided thatis not on available or before incompletion registrable Seller form shallon completion, provide to Buyer agrees to accept Seller’s lawyer’s 12.prepared DOCUMENTS bypersonal the mortgageeAND undertaking DISCHARGE: setting to obtain,out the outbalance of the required closing tofunds, obtain a discharge the discharge, in registrable and, where form a andreal-time to register electronic same, cleared or cause funds same transfer t system is except such12. as DOCUMENTSare in the possession AND DISCHARGE:or control of Seller. If requested by Buyer, Seller will deliver any sketch or survey of the property within Seller’s except such Buyer as are shall in thenot possession call for the or production control of Seller.of any Iftitle requested deed, abstract, by Buyer, survey Seller orwill other deliver evidence any sketch of title or surveyto the propertyof the property within Seller’s notexcept being such used,titlecontrol as withina aredirection toin a Buyer thereasonable executedpossession as soon period by as or Seller possible control of timedirecting ofand after Seller.Buyer prior paymentcompletion, shallIf to requested the not to Requisition thecall provided mortgagee byfor Buyer,the Date.that production Sellerofon If theora dischargewillbeforeamount of deliverany completion required title of any anydeed, sketch Charge/Mortgageto Seller abstract,obtain or shallsurvey the survey providedischarg of t heorheld toothereproperty outBuyerby aevidenceof corpora the within balance of tionSeller’s title incorporated to the property control to Buyer as soon12. as DOCUMENTS possible and prior to the AND Requisition DISCHARGE Date. If a discharge of any Charge/Mortgage held by a corporation incorporated duecontrol on completion. to Buyerpreparedpursuant as soon byto thethe as Trustmortgagee possible And Loanand setting priorCompanies out to thethe balanceRequisition Act (Canada), required Date. Chartered toIf aobtain discharge Bank,the discharge, ofTrust any Company, Charge/Mortgage and, where Credit a real-timeUnion, held Caisse by electronic a corpora Populaire clearedtion or incorporated fInsuranunds transferce Company system is pursuant to the Trust And Loan Companies Act (Canada), CharteredThe Buyer Bank, acknowledges Trust Company, having Credit Union,the opportunity Caisse Populaire to include or Insuran ace Company pursuant toandnot the being Trustwhich Andused, is not Loan a to direction beCompanies assumed executed byAct Buyer (Canada), by Seller on completion, directing Chartered payment is Bank, not available Trustto the Company, mortgagee in registrable Credit of the form Union, amount on Caissecompletion, required Populaire to Buyer obtain or agrees theInsuran discharg toce acce Companyept out Seller’s of the lawyer’s balancePending Pending 13. and which is not to Thisbe assumed section by Buyer calls on forcompletion, the Seller is not available to deliver in registrable any documents form on completion, they Buyer have agrees in their to acce possessionpt Seller’s lawyer’s but the Buyer INSPECTION:and which personalisdue not on to completion.beundertaking assumed toby obtain, Buyer onout completion, of the closing is notfunds, available a discharge in registrable in registrable form onform completion, and to register Buyer same, agrees or tocause acce samept Seller’s t lawyer’s personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same t be apersonal binding undertakingagreementtitleBuyer within acknowledges ofa to reasonablepurchase obtain,Buyer outand having periodacknowledges of sale the had betweenofclosing time the opportunity afterfunds,havingcannot Buyer completion, a andhad discharge to callSeller.the inspect opportunity providedfor in the registrablethe property that toSeller inspecton form andor before thetounderstandsand propertyproduce to completion register andthat same, understandsanythinguponSeller The or acceptanceshall cause Buyer provide that they same upon acknowledgesof to thistdon’t acceptanceBuyer offer therehave. of having this It offer also the there opportunity details the to includedischarging a of INSPECTION: title within a reasonable period of time after completion, provided that on or before completion Seller shall provide to Buyer requirementtitle within13.prepared afor reasonable a property by the period mortgagee inspection of time setting after report completion,out thein thisbalance providedAgreement required that to onand obtain or agreesbefore the discharge,completion that except and, Seller aswhere shall may aprovide real-timebe specifically to electronicBuyer clearedprovided funds for transfer in system is o be registered, on this preparedAgreement, by thebe the mortgageea bindingBuyer willagreement setting notprepared out be ofthe obtaining purchase balance by the mortgagee andrequired a propertysale betweento setting obtain inspection out Buyer the the discharge, andbalance or Seller. property required and, where toinspection obtain a real-time the discharge,report electronic regarding and, cleared where the f undsa real-time property. transfer electronic system clearedis funds transfer system is not being used, a direction executed by Sellermortgages directing payment on completion. to the mortgagee of the amount required to obtain athe mortgage discharg statemente out of the balance requirement for anot property being used, inspection a direction report executed in bythis Seller Agreement directing payment and agrees to the mortgageethat except of theas amountmay be orequired bespecifically registered, to obtain on providedthe discharg fore out in of the balance not being dueused, on a completion. direction executed by Seller directing payment to the mortgagee of the amount required to obtain the discharge out of the balance 14. due on completion. a mortgage statement INSURANCE:due on completion. this Agreement, the Buyer will*Often notBuyer be acknowledges timesobtaining we may a having property see hadthe the inspectionBuyer opportunity call orfor to property inspectthe Seller the inspectionproperty to provide and report understands an existing regarding that survey upon the acceptance of property. the property of this offer in theirthere possession completion,13. Seller INSPECTION:All shall buildings hold all on insurance the propertyAll policies,buildings and all if onany,other the and thingsproperty the being proceeds and purchased all thereofotherThe thingsBuyer shallin trust bebeing acknowledges forand the purchased remain parties until as shall theirhavingcompletion be intere and thests remainat mayopportunity the risk appearuntil of completion Seller. and to ininclude the at the a risk of Seller. INSPECTION: o be registered, on event13. ofINSPECTION: substantial14. damage, INSURANCE: BuyerBuyer may acknowledges either13. terminate having this Agreementhad the opportunity and have toall inspect monies the paid property returned and without understands interest orthat de uponduction acceptance or else of this offer there be a bindingBuyer agreementacknowledges of purchase havingbe a bindinghad and thesale agreementopportunity between ofBuyer to purchase inspect and Seller. theand property sale between and understandsBuyer and Seller. that upon acceptance of this offera mortgage there statement take thebe proceeds a binding of agreementany completion,insurance of purchaseand Seller complete shall and holdsalethe purchase. allbetween insurance BuyerNo policies,insurance and Seller. if shallany, beand transferred the proceeds on completion. thereof in trust If Seller for the is takpartiesing back as their a Charge/ interests may appear and in the requirement for a propertyrequirement inspection13. report forINSPECTION a propertyin this Agreement inspection andreport agrees in this that Agreement except as and may agrees be specifically that except asprovided may be for specifically in provided for in Mortgage,requirement or Buyerthis isAgreement, assumingforevent a property ofa Charge/Mortgage, substantialthe Buyer inspection damage, will not reportBuyer Buyer be shall obtaining mayin thissupply either Agreement Seller terminatea property with thisreasonable and Agreementinspection agrees evidence andthat or haveproperty exceptof adequate all monies as inspection mayinsurance paid be returned specificallyreportto protect without regarding Seller’s interestprovided or the or de property.forduction in or else this Agreement, the Buyer willThe not Buyer be obtaining acknowledges a property having inspection the opportunity or property to includeinspectionshall a report regarding the property. other mortgagee’sthis Agreement, interest on takethe completion. theBuyer proceeds will notof any be insurance obtaining and a Allcomplete property buildings the on inspectionpurchase. the property No or insuranceand property all other shall inspectionthings be transferred being reportpurchased on completion. regarding shall be andIf theSeller remain property. is tak untiling completion back a Charge/ at the risk of Seller. of 6 This paragraph makes it known that the Buyer has the opportunityshall to complete aof home6 inspection3 14. Mortgage, or Buyer is assuming a Charge/Mortgage, Buyer shallThe supply Buyer Seller acknowledges with reasonable having evidence the of opportunityadequate insurance to include to protect a Seller’s 3or INSURANCE: INSURANCE: 14. INSURANCE: otherAll mortgagee’sbuildings on 14.interestthe property on completion. and allINITIALS if other they things OFchose BUYER(S):being not purchased to; they shall be do and so remain at their until completionown risk. INITIALS at the risk OF of SELLER(S):Seller. ® Dec/2018 ® Dec/2018 completion,All buildingsSeller shall on hold the allproperty insurance andcompletion, policies,all other Seller ifthings any, shall andbeing hold the purchased proceedsall insurance shallthereof policies, be inand trust if remain any, for the and until parties the completion proceeds as their thereofatintere the sts riskin maytrust ofForm Seller. appearfor the100 partiesand Revised in asthe their2019 intere Pagests may appear and in the WEBForms WEBForms completion,event Sellerof substantial shall hold damage, all insurance Buyer policies,mayevent either if of any,terminate substantial and thethis damage, proceedsAgreement Buyer thereof and may have in eithertrust all for moniesterminate the parties paid this returned Agreementas their withoutintere andsts interesthave may allappear or monies deduction and paid in orthereturned else withoutshall Forminterest 100 or de Revisedduction 2019 or else Page The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated* An logos Inspection are owned or controlled clause by is typically inserted into the Schedule A of the agreement The Canadianevent Real Estate oftake substantial Association the proceeds (CREA) damage, andof INITIALS anyidentify Buyer insurance the may real OF estate either BUYER(S):and professionals completeterminatetake the who proceeds thethis are purchase. Agreementmembers of any of NoCREA insuranceand insurance and have the andall shall moniescomplete be transferredpaidINITIALS the returnedpurchase. OFon completion.withoutSELLER(S): No insurance interest If Seller shallor de isbeduction tak transferredingPending orback else aon Charge/ completion. If Seller is taking back a Charge/ quality of services they provide. Used under license. © 2019, Ontario Realtake Estate the AssociationMortgage, proceeds (“OREA”). or of Buyerany All insurancerights is assuming reserved. and This a complete Charge/Mortgage,form was developed the purchase. by OREA Buyer forNo the shall insurance use andsupply reproduc shall Sellertion be INITIALSwith transferred reasonable OF on BUYER(S): completion.evidence of If adequate Seller is takinsurance ing back to a p rotect Charge/ Pending Seller’s INITIALS or OF SELLER(S): by its members and licensees only. Any other use or reproductionThe trademarks is prohibited REALTOR®, except REALTORS®, withMortgage, prior MLS®,written or Multipleconsent Buyer ofListing is OREA. assuming Services® Do not alteraand Charge/Mortgage, associated logos are owned Buyer or controlledshall supply by Seller with reasonable evidence of adequate insurance to protect Seller’s or when printing or reproducingMortgage, otherthe standard ormortgagee’s Buyer pre-set is portion. assuming Theinterest OREACanadian bearsona Charge/Mortgage, Realcompletion. no Estateliability Association for yourother use (CREA) ofBuyermortgagee’s this and form. shall identify supply interestthe real Seller estate on completion. professionals with reasonable who are membersevidence of CREA of adequate and the insurance to protect Seller’s or quality of services they provide. Used under license. other mortgagee’s interestThe trademarks on completion. REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) and identify the ©real 2019, estate Ontario professionals Real Estatewho are Association members of (“OREA”). CREA and All the rights quality reserved. of services This they form provide. was developed Used under by license. 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 Pending ©when 2019, printing Ontario or Real reproducing Estate Association the standard (“OREA”). pre-set portion.All rights OREA reserved. bears This no form liability was developed for your use by OREAof this form.for the use and reproduction by its members and licensees only. Any other use or

The trademarks REALTOR®,reproduction REALTORS®, is prohibitedINITIALS MLS®, exceptINITIALS Multiple with OF prior Listing BUYER(S): writtenOF TheServices® BUYER(S): consenttrademarks and of OREA. associatedREALTOR®, Do not logos REALTORS®, alter are when owned printing MLS®, or controlled or Multiple reproducing Listing by the Services® standard INITIALS INITIALS andpre-set associated OFportion. SELLER(S):OF logosOREA SELLER(S): are bears owned no liability or controlled for your by use of this form. The Canadian Real Estate Association (CREA) and identify the realThe estate Canadian professionals Real Estate who Associationare members (CREA) of CREA and and identify the the real estate professionals who are members of CREA and the The trademarksquality of REALTOR®,services they REALTORS®, provide. Used MLS®, under Multiplelicense. Listing Services®quality and ofassociated services they logos provide. are owned Used orunder controlled license. by Form 100 Revised 2019 5 The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction ® byquality its members of services and theylicensees provide. ©only. TRILLIUM Used Any underotherWEST uselicense. or 2019 reproduction | PLAIN isLANGUAGE prohibited© 2019, Ontario except FORM withReal priorEstate written Association consent (“OREA”). of OREA. All Do rights not reserved.alter This form was developed by OREA for the use and reproduction WEBForms Dec/2018 © 2019,when Ontario printing Real or reproducingEstate Association the standard (“OREA”). pre-set All portion.rights reserved. OREA bears Thisby formno its liability members was developed for and your licensees use by ofOREA this only. form.for Any the other use anduse orreproduc reproductiontion is prohibited except with prior written consent of OREA. Do not alter by its members and licensees only. Any other use or reproduction is prohibitedwhen except printing with or prior reproducing written consent the standard of OREA. pre-set Do portion. not alter OREA bears no liability for your use of this form. when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. Form 100 Revised 2019 Page

of Form 100WEBForms Revised 20193 6 Page ® Dec/2018 3 of 6 Form 100 RevisedWEBForms 2019 ® PageDec/2018

3 of WEBForms 6 ® Dec/2018 8. TITLE SEARCH: to examine the titleBuyer to the shall property be allowed at Buyer’s until own6:00 expense p.m. on andthe ...... until the earlier day of of: ...... , (i) thirty days from the later of the Requisition 20...... , Date (Requisitionor the date onDate) which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that

work orders or deficiency notices affecting the property, and that its present use (...... ) may be lawfully continued and that the principal building may be insured against risk of fire. Seller hereby consents to the municipality or other governmental agencies releasing to Buyer details of all outstanding work orders and deficiency notices affecting the property, and Seller agr deliver such further authorizations in this regard as Buyer may reasonably require. there are no outstanding 9. FUTURE USE: Seller and Buyer agree that there is no representation or warranty of any kind that the future intended use of the property by Buyer is or will be lawful except as may be specifically provided for in this Agreement.

10. TITLE: Provided that the title to the property is good and free from all registered restrictions, charges, liens, and encumbrances except as otherwise ees to execute and specifically provided in this Agreement and save and except for (a) any registered restrictions or covenants that run with the l are complied with; (b) any registered municipal agreements and registered agreements with publicly regulated utilities providin complied with, or security has been posted to ensure compliance and completion, as evidenced by a letter from the relevant muni utility; (c) any minor easements for the supply of domestic utility or telecommunication services to the property or adjacent p easements for drainage, storm or sanitary sewers, public utility lines, telecommunication lines, cable television lines or other services which do not materially affect the use of the property. If within the specified times referred to in paragraph 8 any valid objection to title order or deficiency notice, or to the fact the said present use may not lawfully be continued, or that the principal building may notand be providing insured againstthat such risk of fire is made in writing to Seller and which Seller is unable or unwilling to remove, remedy or satisfy or obtain insuran g such have been risk of fire (Title Insurance) in favour of the Buyer and any mortgagee, (with all related costs at the expense of the Seller), cipality or regulated waive, this Agreement notwithstanding any intermediate acts or negotiations in respect of such objections, shall be at an end androperties; all monies and paid (d) any shall be returned without interest or deduction and Seller, Listing Brokerage and Co-operating Brokerage shall not be liable for any costs or damages. Save as to any valid objection so made by such day and except for any objection going to the root of the title, Buyer shall be or to any outstanding work have accepted Seller’s title to the property. ce save and except against 11. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and whichSale of Buyer the property, will not and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that the exchange of closing funds, non-registrable documents and other items (the “Requisite Deliveries”) and the release thereof to theconclusively Seller and deemed Buyer to will (a) not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance with the terms of a document registration agreement between the said lawyers. The Seller and Buyer irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the Law Society of Ontario. Unless otherwise agreed to by the lawyers, such exchange of Requisite Deliveries shall occur by the delivery of the Requisite Deliveries of each party to the office of the lawyer for the other party or such other location agreeable to both lawyers. in connection with the 12. DOCUMENTS AND DISCHARGE: except such as are in the possession or control of Seller. If requested by Buyer, Seller will deliver any sketch or survey of the property within Seller’s control to Buyer as soon as possible and Buyer prior shall to the not Requisition call for the Date. production If a discharge of any title of anydeed, Charge/Mortgage abstract, survey orheld other by aevidence corpora oftion title incorporated to the property pursuant to the Trust And Loan Companies Act (Canada), Chartered Bank, Trust Company, Credit Union, Caisse Populaire or Insurance Company and which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agrees to accept Seller’s lawyer’s personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same t title within a reasonable period of time after completion, provided that on or before completion Seller shall provide to Buyer prepared by the mortgagee setting out the balance required to obtain the discharge, and, where a real-time electronic cleared funds transfer system is not being used, a direction executed by Seller directing payment to the mortgagee of the amount required to obtain the discharge out of the balance due on completion.

13. INSPECTION: o be registered, on Buyer acknowledges having had the opportunity to inspect the property and understands that upon acceptance of this offer there be a binding agreement of purchase and sale between Buyer and Seller. a mortgage statement requirement for a property inspection14. INSURANCE report in this Agreement and agrees that except as may be specifically provided for in this Agreement, the Buyer will notDon’t be obtaining cancel thata property insurance inspection just yet! or property This section inspection states report that regardingthe Seller the is required property. to insure the property up 14. INSURANCE: until closing at which pointThe the Buyer Buyers acknowledges insurance havingtakes effect. the opportunity If there to is includefire prior a to closing the Buyer has completion, SellerAll shall buildings hold allon insurance the property policies, and all if any,other and things the being proceeds purchased thereof shall in trust be forand the remain parties until as completiontheir interests at maythe risk appear of Seller. and in the event of substantial damage, Buyer may eitherthe terminate option thisnot Agreement to buy orand they have canall monies take paid the returnedinsurance without money interest withor deduction the property or else asshall is. take the proceeds of any insurance and complete the purchase. No insurance shall be transferred on completion. If Seller is taking back a Charge/ Mortgage, or Buyer is assuming a Charge/Mortgage,*Insurance Buyer clauses shall supply can Seller be insertedwith reasonable into evidenceSchedule of adequate A as well. insurance Your to phomerotect Seller’s inspector or can inform you if there other mortgagee’s interest on completion. are any potential insurance red flags. Pending

The trademarks REALTOR®, REALTORS®, MLS®,INITIALS Multiple Listing OF Services® BUYER(S): and associated logos are owned or controlled by INITIALS OF SELLER(S): The Canadian Real Estate Association (CREA) and identify the1 real5. estatePLANNING professionals who are ACT members of CREA and the quality of services they provide. Used under license. © 2019,PLANNING Ontario Real Estate ACT: Association This Agreement(“OREA”). All rights shall reserved. be effective This form towas create developed an byinterest OREA for in the the use property and reproduc onlytion if Seller complies with the subdivision control by15. its members 15.and licensees only. Any other use or reproduction is prohibitedThis paragraph except with prior stateswritten consent that of OREA.the Doagreement not alter is subject to compliance with the Planning Act. when printingprovisions or reproducingPLANNING of the the Planning standard ACT: pre-set Act This portion.by Agreementcompletion OREA bears shalland no liability beSeller effective for covenants your use to ofcreate this to form. proceed an interest diligently in the property at Seller’s only expense if Seller to complies obtain anywith neces the subdivisionsary consent control by completion.provisions of the Planning Act by completion*The Seller and Seller will covenants provide to proof proceed of diligently said compliance at Seller’s expense by completionto obtain any necessary consent by completion. t under 16. DOCUMENT16. PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of Seller,DOCUMENT and any Charge/Mortgage PREPARATION: to Thebe givenTransfer/Deed back by the shall, Buyer save to for Seller the Landat the Transfer expense Tax of theAffidavit, Buyer. Ifbe requested prepared byin registrableBuyer, Seller form covenants at the expense that of Seller, and any Charge/Mortgage to be16. given DOCUMENT back by the Buyer to PREPARATION Seller at the expense of the Buyer. If requested by Buyer, Seller covenants that the Transfer/Deed to be delivered on completion shall contain the statements contemplated by SectionForm 50(22) 100 of the Revised Planning 2019 Act Page, R.S.O.1990. the Transfer/Deed to be delivered on completionThis section shall contain provides the statements that the contemplated Buyer will by be Section responsible 50(22) of forthe Planning paying Act for, R.S.O.1990.the preparation of their own Mortgage 15. PLANNING(a) Subject ACT: toThis (b) Agreement below, the shall Seller be represents effective toand create warrants an interest that the in Sellerthe property is not and only on if Sellercompletion complies will withnot be the a subdivisionnon-residen3 of control 17.17. RESIDENCY: WEBForms 6 RESIDENCY:provisions of the Planning Act by completion and Seller covenants to proceed diligently at Seller’s expense to obtain any neces® sary consent by the non-residency provisions of the Incomeand Tax ActLand which Transfer representation Tax Affidavit and warranty and shall the survive Seller and will not mergebe responsible upon the compl for etionDecthe/2018 of Deed this of Transfer. the non-residencycompletion. provisions of the Income Tax Act which representation and warranty shall survive and not merge upon the completion of this transaction and(a) the Subject Seller toshall (b) deliverbelow, theto the Seller Buyer represents a statutory and declaration warrants that that the Seller Seller is is not not then and a on non-resident completion ofwill Canada; not be a(b) non-residen provided that if the transaction and the Seller shall deliver to the*If Buyer you a statutoryare first declaration time Buyerthat Seller you is notmay then bea non-residenteligible for of Canada;a land (b)transfer provided tax that rebate,if the consult your lawyer. Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the Seller16. isDOCUMENT a non-resident PREPARATION: under the non-residency The Transfer/Deed provisions of shall,the Income save forTax the Act, Land the TransferBuyer shall Tax be Affidavit, credited towardsbe prepared the Purc in haseregistrable Price with form the at the expense of amount, if any, necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under amount,Seller, if any, and necessary any Charge/Mortgage for Buyer to pay toto thebe Ministergiven back of Nationalby the Buyer Revenue to Seller to satisfy at the Buyer’s expense liability of the in Buyer. respect If ofrequested tax payable by Buyer, by Seller Sel underler covenants that the non-residency provisions of the Income Tax Act by reason of this sale. Buyer shall not claim such credit tif under Seller delivers on completionto be apportioned the the non-residencythe Transfer/Deed provisions to of be the delivered Income Taxon completionAct by reason shall of containthis sale. the Buyer statements shall not contemplated claim such credit by Section if Seller 50(22) delivers of on the completion Planning theAct , R.S.O.1990. prescribed certificate. 17. RESIDENCY prescribed certificate. 17. RESIDENCY: This section ensures the Seller is a Resident of Canada. If not a resident; that they have paid the appropriate 18. 18. ADJUSTMENTS:(a) AnySubject rents, to mortgage(b) below, interest, the Seller realty represents taxes including and warrants local thatimprovement the Seller rates is not and and unmetered on completion public will or notprivate be a utility non-residen charges and ADJUSTMENTS:the non-residency Any rents, provisions mortgage of interest, the Income realty Tax taxes Act including which representation local improvement and warrantyrates and shall unmetered survive public and not or privatemerge uponutility thecharges compl aetionnd of this unmetered cost of fuel, as applicable, shalltaxes be dueapportioned under andthe allowed Income to theTax day Act of completion,for non-residents. the day of completion itself unmeteredtransaction cost of fuel, and as applicable,the Seller shall shall deliver be apportioned to the Buyer and a allowedstatutory to declaration the day of completion,that Seller is the not day then of a completion non-resident itself of Canada; (b) provided that if the to Buyer. to Buyer. Seller is a non-resident under the non-residency*If you provisionsare a non-resident of the Income Tax it isAct, advised the Buyer that shall you be credited consult towards your the accountant Purchase Pricet under on with potentialt under the tax implications amount, if any, necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under 19. 19. PROPERTY ASSESSMENT: The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment PROPERTYthe ASSESSMENT: non-residency Theprovisions Buyer and of the Seller Income hereby Tax acknowledge Act by reason that of the this Province sale. Buyer of Ontario shall not has claim implemented such credit current if Seller value delivers assessment on completion the and propertiesand may properties be re-assessed may beon re-assessedan annual basis. on an The annual Buyer basis. and SellerThe Buyer agree and that Seller no claim agree will that be nomade claim against will be the made Buyer against or Seller, the or Buyer any or Seller, or any PLANNING ACT: This Agreementprescribed shall be effective certificate. to create an interest in the property only if Seller complies with the subdivision control cifically 15. Brokerage, BrokerBrokerage, or Salesperson, Broker orfor Salesperson, any changes forin 18. propertyany ADJUSTMENTSchanges tax as in a property result of taxa re-assessment as a result of of a the re-assessment property, save of theand property, except any save property and exce pt any property provisions of the Planning Act by completion and Seller covenants to proceed diligently at Seller’s expense to obtain any necessary consent by taxes that accruedtaxes prior that to accruedthe completion prior to of the this completion transaction. of this transaction. to be apportioned completion. 18. ADJUSTMENTS: Any rents, mortgage interest,This section realty taxes states including that localthere improvement can be certain rates and charges unmetered on public closing or private that utility will charges be adjusted and against the purchase 20. unmetered cost of fuel,Time as shall applicable, in all respects shall bebe apportionedof the essence and hereof allowed provided to the that day the of completion,time for doing the or day completing of completion of any itself matter provided for herein TIME LIMITS:20. TIME LIMITS: DOCUMENT PREPARATION:to Buyer. The Transfer/Deed shall, save for the Landprice. Transfer For Tax example Affidavit, beprepaid prepared or in outstandingregistrable form attaxes the expense or utilities. of The Buyer will assume responsibility on the day 16. may be extended or abridged by an agreement in writing signed by Seller and Buyer or by their respective lawyers who may be spe Seller, and mayany Charge/Mortgagebe extendedTime or abridged shall to be in given all by respects anback agreement by be the of Buyer the in writingessence to Seller signed hereof at the by expenseprovided Seller andof that the Buyer theBuyer. time or If by forrequested their doing respective orby completingBuyer, lawyers Seller of covenants whoany maymatter thatbe provided spe for herein authorized in that regard.authorized in that regard. to be apportioned the Transfer/Deed(a) to 19.Subject be deliveredPROPERTY to (b) below,on completion ASSESSMENT: the Seller shall represents contain The andBuyerthe statements warrants andof completion. Seller that contemplated thehereby Seller acknowledge is by not Section and on 50(22) thatcompletion the of Provincethe willPlanning not of be OntarioAct a non-residen, R.S.O.1990. has implemented current valueto be assessment apportioned 21. and properties mayAny be tender re-assessed of documents on an annual or money basis. hereunder The Buyer may and be Seller made agree upon that Seller no or claim Buyer will or be their made respective against lawyers the Buyer on o ther Seller, day set or forany RESIDENCY:TENDER: 21. TENDER: *Remember to notify the utility companies and order final readings. 17. Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the property, save and except any property thecompletion. non-residency AnyMoney provisions tender shall of completion.beof documents thetendered Income orMoneywith Tax money fundsAct shall which hereunder drawn be representationtendered on may a lawyer’s bewith made and funds trust warranty upon drawnaccount Seller shall on in or a the survive Buyerlawyer’s form orand of their trusta not bank respective accountmerge draft, upon incertified lawyers the the form compl oncheque of theetion a daybank ofor wire setthis draft, for transfer certified chequecifically or wire transfer taxes that accrued prior to the completion of this transaction. transactionusing the Large and the Value Seller Transfer shallusing deliver System. the Large to the ValueBuyer aTransfer statutory System. declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the 22. 20. TIME LIMITS: 19. PROPERTY ASSESSMENT FAMILYamount, LAW if any, ACT: necessary Seller22. warrantsFAMILY for BuyerTime that LAWto pay shall spousal ACT:to in the all consent SellerMinister respects warrants is of not beNational necessary of thatthe Revenueessence spousal to this tohereof consent transaction satisfy provided Buyer’s is not under necessary liability that the the provisions in time torespect this for transactionof ofdoing the tax Family p orayable completing under Law by Act, theSeller provisionsof under any matter of theprovided Family for Law h erein Act, may be extended or abridged by an agreement in writing signed by Seller and Buyer or by their respective lawyers who may be spe R.S.O.1990the non-residency unless the provisionsspouseR.S.O.1990 of ofthe the Seller Income unless has Taxexecuted the Act spouse by the reason ofconsent Thethe of Sellerthis hereinafterMunicipal sale. has Buyer executed provided. Propertyshall thenot consentclaim Assessment such hereinafter credit if Seller provided.Corporation delivers on completion (MPAC) the completes current value assessments and taxes prescribed certificate.authorized in that regard. 23. may be re-evaluated on an annual basis. The Buyer and Seller will not hold the Salesperson responsible for UFFI: Seller represents and23. warrants UFFI: to Seller Buyer represents that during and the warrantstime Seller to has Buyer owned that theduring property, the time Seller Seller has has not ownedcaused theany property, building onSeller the has not caused any building on the 21. cifically property to beADJUSTMENTS: insulated TENDER: with insulation Any Any rents, tender containing mortgage of documents interest,ureaformaldehyde, realty or money taxes including hereunderand that tolocal maythe improvement best be madeof Seller’s upon rates knowledge Sellerand unmetered or Buyerno building public or their onor respective privatethe property utility lawyers charges on a thend day set for cifically 18. property to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the property unmetered cost of fuel, as applicable, shall be apportionedany and changes allowed to the the day taxes. of completion, the day of completion itself contains or has ever containedcompletion. insulationcontains Money that shallor containshas be ever tendered ureaformaldehyde.contained with insulationfunds drawn This that warranty on contains a lawyer’s shall ureaformaldehyde. survive trust account and not in merge Thisthe form warranty on theof acomp bankshallletion draft,survive of certifiedthis and not chequemerge onor wire the comptransferletion of this to Buyer. transaction, and if the buildingusing the is Large parttransaction, of Value a multiple Transfer and unit if theSystem. building, building this is*MPAC warrantypart of a shallmultipleassessments only unit apply building, to are that thiscompletedpart warranty of the buildi shall everyng only which four apply is the years to subject that partand of of phased the buildi inng overwhich theis the following subject of four years, this is this transaction. this transaction. The parties acknowledge that any information provided by the brokerage is not 22.PROPERTY ASSESSMENT: The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment 19. FAMILY LAW ACT: Seller warrants that spousalwhy you consent will is notoften necessary see tax to this assessed transaction values under thetypically provisions lag of behind the Family market Law Act, value. 24. and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any LEGAL, ACCOUNTINGR.S.O.1990 AND ENVIRONMENTAL unless the spouse ADVICE: of the Seller has executed the consent hereinafter provided. Brokerage,24. Broker LEGAL, or Salesperson, ACCOUNTING for any changesAND ENVIRONMENTAL in property tax as a result ADVICE: of a re-assessment of the property, save and except any property legal, tax or environmental advice. taxes that accruedlegal,Time prior tax shall to or the inenvironmental completionall respects ofbe advice.this of thetransaction. essence hereof provided that the time for doing or completing of any matter provided for herein 23. UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the property, Seller has not caused any building on the 25. 20. TIME LIMITS CONSUMER REPORTS: propertyThe Buyer to be is insulatedhereby notifiedwith insulation that containinga consumer ureaformaldehyde, report containing and thatcredit to the and/or best of personalSeller’s knowledge information no building on the property TIME LIMITS:25. CONSUMER REPORTS: The Buyer is hereby notified that a consumer report containing credit and/or personal information may be referred to in20. connection with this transaction. containsmay orbe hasextended mayever contained orbe abridged referred insulation by toan inagreement thatconnectionAll contains deadlines in writing ureaformaldehyde. with signed thismust bytransaction. beSeller met This and accordingwarranty Buyer or byshall their to survive therespective datesand notlawyers and merge timeswho on may the here becomp spe in.letion of this transaction, and if the building is part of The a multiple parties unitacknowledge building, thatthis warrantyany information shall only provided apply by to thethat brokerage part of the is buildi not ng which is the subject of 26. authorized in that regard. AGREEMENT IN WRITING:this If transaction. there is conflictAny or tenderdiscrepancy of documents between or *Timelinesany money provision hereunder addedcan may beto bethis extended made Agreement upon or Seller (including amended or Buyer any or bySchedule their an respective agreement attached lawyers in on writing the day set between for both parties 26. AGREEMENT IN WRITING: If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent TENDER:hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent of such conflict or discrepancy.24. This21. Agreement including any Schedule attached hereto, shall constitute the entire Agreement between Buyer and LEGAL, ACCOUNTINGcompletion.of such Money conflictAND shall ENVIRONMENTAL beor tendereddiscrepancy. with fundsThis ADVICE: Agreementdrawn on a including lawyer’s trustany accountSchedule in theattached form of hereto, a bank shall draft, constitute certified the cheque entire or wireAgreement transfer between Buyer and Seller. There is no representation,legal, warranty, tax orusing environmental collateral the Large agreement Value advice. Transfer or condition, System. which affects this Agreement other than as expressed herein. For the Seller. There is no representation,21. TENDER warranty, collateral The parties agreement acknowledge or condition, that any which information affects thisprovided Agreement by the other brokerage than as is exp notressed herein. For the purposes of this Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number purposes of this Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context. 25. CONSUMER REPORTS:FAMILY LAW The ACT: Buyer Seller is warrantsherebyBoth that notified Seller spousal andthat consent Buyera isconsumer not must necessary reportproduce to this containing transaction certain underdocumentscredit the and/or provisions to personal demonstrate of the Family information Law that Act, they are ready, willing and able 22. required by the context. may be referredR.S.O.1990 to in connection unless the spouse with of this the Sellertransaction. has executed the consent hereinafter The parties provided. acknowledge that any information provided by the brokerage is not 27. TIME AND DATE: Any reference to a time and date in this Agreement shall meanto theclose time theand datetransaction. where the property is located. 27.UFFI: TIME Seller AND represents DATE: Anyand warrantsreference to to Buyer a time that and during date the in timethis AgreementSeller has owned shall meanthe property, the time Seller and datehas not where caused the anyproperty building is located.on the 26. AGREEMENT23. IN WRITING: If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached property to be insulated with*For insulation example containing the ureaformaldehyde, Sellers must and produce that to the thebest ofTransfer/Deed Seller’s knowledge noand building keys on and the property the Buyers generally need to hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent contains or has ever contained insulationINITIALS that contains OF BUYER(S): ureaformaldehyde. This warranty shall survive and not INITIALS merge on OFthe SELLER(S):completion of this of such conflict or discrepancy. This Agreementproduce including anythe Schedule money attached hereto, shall constitute the entire Agreement between Buyer and transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of 4 of 6 Seller. There is no representation,this transaction. warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the The trademarks REALTOR®, REALTORS®, MLS®,purposes Multiple Listing of thisServices® Agreement, and associated Seller logos means are owned vendor or controlled and byBuyer means purchaser. This Agreement shall be read with all changes of genFormder 100or number Revised 2019 Page® Dec/2018 The Canadian Real Estate Association (CREA) and identify the real estate professionalsThe trademarks who are members REALTOR®, of CREA REALTORS®, and the MLS®, Multiple Listing Services® and associated logos are owned or controlled by WEBForms quality of services they provide. Used under license.INITIALS OF BUYER(S): INITIALS OF SELLER(S): © 2019, Ontario Real Estate Association (“OREA”). All rightsrequired reserved. by This the form context. was developedThe CanadianLEGAL, by OREA RealACCOUNTING for Estatethe use Association and reproduc AND (CREA)tion ENVIRONMENTALand identify the real estate ADVICE:professionals who are members of CREA and the by its members and licensees only. Any other use or reproduction is prohibited except with qualityprior written of services consent they of provide.OREA. Do Used not alterunder license. when printing or reproducing the standard pre-set portion. OREA bears no liability for your24. use of this form. © 2019, Ontariolegal, Real tax Estate or environmentalAssociation (“OREA”). advice. All rights reserved. This form was developed by OREA for the use and reproduction 27. TIME AND DATE: byAny its membersreference and tolicensees a time only. and Any date other usein thisor reproduction Agreement is prohibited shall mean except thewith priortime written and consentdate where of OREA. the Do propertynot alter is located. when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form.

CONSUMER® ®REPORTS:® The Buyer is® hereby notified that a consumer report containing credit and/or personal information 6 The trademarks 25.REALTOR , REALTORS , MLS , Multiple Listing Services and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) and identify the of may be referred to in connection with this transaction. 4 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 ® Dec/2018 reproduction is prohibited exceptAGREEMENT with prior written IN consent WRITING: of OREA. IfDo there not alter is conflictwhen printing or or discrepancy reproducing the betweenstandard pre-set any portion.provision OREA added bears no to liability this forAgreement your use of this(including form. any Schedule attached 26. INITIALS OF BUYER(S): INITIALS OF SELLER(S): hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent WEBForms The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by Form 100 RevisedForm 2019 100 Revised Page 2019 6 The Canadian Real Estate Association (CREA) and identifyof such the conflictreal estate professionalsor discrepancy. who are This members Agreement of CREA including and the any Schedule attached hereto, shall constitute the entire Agreement between Buyer and ® quality of services they provide.© TRILLIUM Used WESTunder 2019license. | PLAIN LANGUAGE FORM WEBForms Dec/2018 © 2019, Ontario Real Estate Association (“OREA”). All rights Seller.reserved. There This form is nowas representation, developed by OREA warranty, for the use collateral and reproduc agreementtion or condition, which affects this Agreement other than as expressed herein. For the by its members and licensees only. Any other use or reproductionpurposes is prohibited of exceptthis Agreement, with prior written SellerForm consent means100 of OREA. vendorRevised Do noand2019t alter Buyer Page means purchaser. This Agreement shall be read with all changes of gender or number when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. required by the context. INITIALS OF BUYER(S): INITIALS OF SELLER(S): WEBForms 4 of TIME AND DATE: Any reference to a time and date in this AgreementForm6 100 shall mean Revised the 2019 time and Page date where the property is located. ® /2018 27. Dec 4 of 6 WEBForms® Dec/2018

© 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. 15. PLANNING ACT: This Agreement shall be effective to create an interest in the property only if Seller complies with the subdivision control provisions of the Planning Act by completion and Seller covenants to proceed diligently at Seller’s expense to obtain any necessary consent by completion.

16. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer. If requested by Buyer, Seller covenants that t under the Transfer/Deed to be delivered on completion shall contain the statements contemplated by Section 50(22) of the Planning Act, R.S.O.1990.

17. RESIDENCY: the non-residency(a) provisionsSubject to of(b) the below, Income the Tax Seller Act represents which representation and warrants and that warranty the Seller shall is not survive and andon completion not merge willupon not the be compl a non-residenetion of this transaction and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the amount, if any, necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the non-residency provisions of the Income Tax Act by reason of this sale. Buyer shall not claim such credit if Seller delivers on completion the PLANNING ACT: This Agreement shall be effective to create an interestprescribed in the property certificate. only if Seller complies with the subdivision control 15. t under provisions of the Planning Act by completion and Seller covenants to proceed diligently at Seller’s expense to obtain any necessary consent by to be apportioned completion. 18. ADJUSTMENTS: Any rents, mortgage interest, realty taxes including local improvement rates and unmetered public or private utility charges and unmetered cost of fuel, as applicable, shall be apportioned and allowed to the day of completion, the day of completion itself DOCUMENT PREPARATION: The Transfer/Deed shall, save tofor Buyer. the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of 16. Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer. If requested by Buyer, Seller covenants that the Transfer/DeedPLANNING to be delivered ACT: on completionThis Agreement shall contain shall be the effective statements to createcontemplated an interest by Section in the 50(22)property of onlythe Planning if Seller Actcomplies, R.S.O.1990. with the subdivision control 15. (a) Subject to (b) below, the Seller represents19. PROPERTY and warrants ASSESSMENT: that the Seller isThe not Buyer and on and completion Seller hereby will not acknowledge be a non-residen that the Province of Ontario hast under implemented current value assessment provisions of the Planning Act by completion and Seller covenants to proceed diligently at Seller’s expense to obtain any necessary consent by and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any RESIDENCY: completion. 17. Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the property, save and except any property the non-residency provisions of the Income Tax Act which representation and warranty shall survive and not merge upon the completion of this cifically taxes that accrued prior to the completion of this transaction. transaction and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the to be apportioned 16. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the Seller, and any Charge/Mortgage20. to be given back by the Buyer to Seller at the expense of the Buyer. If requested by Buyer, Seller covenants that amount, if any, necessary for Buyer to pay to the TIMEMinister LIMITS: of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the Transfer/Deed to be delivered on completion Timeshall shallcontain in allthe respects statements be contemplatedof the essence by hereof Section provided 50(22) that of thethe Planningtime for doingAct, R.S.O.1990. or completing of any matter provided for herein the non-residency provisions of the Income Taxmay Act bybe reasonextended of this or abridgedsale. Buyer by shall an agreementnot claim such in writingcredit if signed Seller deliversby Seller on and completion Buyer or the by their respective lawyers who may be spe (a) Subject to (b) below, the Seller represents and warrants that the Seller is not and on completion will not be a non-residen prescribed certificate. authorized in that regard. 17. RESIDENCY: the non-residency provisions of the Income Tax Act which representation and warranty shall survive and not merge upon the completion of this ADJUSTMENTS: Any rents, mortgage21. interest, TENDER: realty taxes including local improvement rates and unmetered public or private utility charges and 18. transaction and the Seller shall deliver toAny the Buyer tender a of statutory documents declaration or22. money FAMILY that hereunder Seller is LAW maynot then be madeACT a non-resident upon Seller of orCanada; Buyer or (b) their provided respectiveto be that apportioned if lawyers the on the day set for unmetered cost of fuel, as applicable, shallcompletion. be apportioned Money andshall allowed be tendered to the daywith of funds completion, drawn onthe aday lawyer’s of completion trust account itself in the form of a bank draft, certified cheque or wire transfer Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the to Buyer. using the Large Value Transfer System. amount, if any, necessary for Buyer to pay to the Minister of NationalThis Revenue section to satisfyjust ensures Buyer’s liability that noin respect spouse of taxhas p ayableclaim byto Seller the propertyunder other than the person signing or a spouse the non-residency provisions of the Income Tax Act by reason of this sale. Buyer shall not claim such credit if Seller delivers on completion the PROPERTY ASSESSMENT:22. The FAMILYBuyer and LAW Seller ACT: hereby Seller acknowledge warrants that that the spousal Province consented consent of Ontario is noton necessaryhasthe implemented signature to this current transaction area valueon page under assessment the8 of provisions this document. of the Family Law Act, cifically 19. prescribed certificate. and properties may be re-assessedR.S.O.1990 on an annual unless basis. the The spouse Buyer of and the SellerSeller agree has executed that no claim the consentwill be made hereinafter against provided. the Buyer or Seller, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result*If the of a propertyre-assessment is of the the property,matrimonial save and home except anythen property spousal consent is required on the signing page even if only taxesADJUSTMENTS: that accrued prior Anyto the rents, completion mortgage of this interest, transaction. realty taxes including local improvement rates and unmetered public or private utility charges and 18. Time 23.shall UFFI:in all respects Seller represents be of the essence and warrants hereof providedto Buyer thatthat theduring time the for timedoing Seller or completing has owned of anythe property,matter provided Seller forhas h noterein caused any building on the unmetered cost of fuel, as applicable, shall be apportioned andone allowed of the to the spouses day of completion, is registered the day on of titlecompletion itself property to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the property TIMEto Buyer.LIMITS: 20. contains or has ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge on thecifically completion of this may be extended or abridged by an agreement in writing signed by Seller and Buyer or by their respective lawyers who may be spe transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of authorizedPROPERTY in that ASSESSMENT: regard. The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment 19. Any tenderthis transaction. of documents or money hereunder may be23. made UFFI upon Seller or Buyer or their respective lawyers on the day set for and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any TENDER:Brokerage, Broker or Salesperson, for any changes in propertyThe tax Sellers as a result warrants of a re-assessment that during of the the property, time savethey and have exce livedpt any at property the property they have not used insulation con- 21. 24. LEGAL, ACCOUNTING AND ENVIRONMENTAL ADVICE: taxescompletion. that accrued Money priorshall beto thetendered completion with funds of this drawn transaction. on a lawyer’s trust account in the form of a bank draft, certified cheque or wire transfer using the Largelegal, Value tax Transfer or environmental System. advice. taining ureaformaldehyde and to the best of their knowledge there is none on the property. Time shall in all respects be of the essence hereof provided that the time for doing or completing of any matter provided for herein 20. TIME LIMITS:25. *Do your own research on UFFI, many studies have since proved that this was not causing the health FAMILY LAWCONSUMER ACT: Seller REPORTS: warrants thatThe spousalBuyer consentis hereby is not notified necessary that to this The a transaction consumerparties acknowledge under report the provisionscontaining that any ofinformation thecredit Family and/or provided Law Act, personal by the brokerage information is not 22.may be extended or abridged by an agreement in writing signed by Seller and Buyer or by their respective lawyers who may be spe R.S.O.1990may unless be referred the spouse to of inthe connection Seller has executed with thethis consent transaction. hereinafter The parties provided. acknowledge that any information provided by the brokerage is not authorized in that regard. concerns originally alleged however the stigma still exists.

26.UFFI: AGREEMENT SellerAny tender represents of IN documents andWRITING: warrants or moneyIfto there Buyer hereunderis that conflict during mayor the discrepancy betime made Seller upon hasbetween owned Seller any orthe Buyer provisionproperty, or their Selleradded respective hasto this not caused Agreement lawyers any on (includingbuilding the day on set anythe for Schedule attached 23.TENDER: 21. propertyhereto) to and be insulatedany provision with insulation in the standard containing pre-set ureaformaldehyde, portion hereof, andthe addedthat to theprovision best of shallSeller’s supersede knowledge the nostandard building pre-set on the prov propertyision to the extent completion. Money shall be tendered with funds drawn on a lawyer’s trust account in the form of a bank draft, certified cheque or wire transfer containsof such conflictor has ever or containeddiscrepancy. insulation This Agreement that contains 24.including ureaformaldehyde. LEGAL, any Schedule ACCOUNTING This attached warranty hereto, shall survive shall AND constituteand not ENVIRONMENTAL merge the entire on the Agreement completion be oftween this BuyerADVICE and using thetransaction, Large Value and Transfer if the building System. is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of Seller. There is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the this transaction. Any advice given by the Brokerage or Salesperson is not to be considered as expert opinion and you are purposes of this Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the Family Law Act, 22. required by the context. R.S.O.1990LEGAL, unless ACCOUNTING the spouse of theAND Seller ENVIRONMENTAL has executedadvised the ADVICE: consent to seek hereinafter independent provided. advice on any of these matters. 24. legal, tax or environmental advice. 27. TIME AND DATE: Any reference to a time and date*If in any this Agreementof these shalla factors mean the will time influence and date where your the decision, property is itlocated. is advised to seek independent advice. 23. UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the property, Seller has not caused any building on the property toCONSUMER be insulated withREPORTS: insulation The containing Buyer is herebyureaformaldehyde, notified that and athat consumer to the best report of Seller’s containing knowledge credit no and/orbuilding personalon the property information 6 25. 4 of contains or mayhas ever be referredcontained toinsulation in connection that contains with ureaformaldehyde.this transaction. This warranty shall survive and not merge on the completion of this The parties acknowledge that any information provided by the brokerage is not transaction, and if the building is part of a multiple25. unit building,CONSUMER this warranty REPORTS shall only apply to that part of the building which is the subject of ® Dec/2018 AGREEMENT IN WRITING: If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached this transaction.26. WEBForms The trademarks REALTOR®,hereto) REALTORS®, and any MLS®, provisionINITIALS Multiple inListing the OF Services®standard BUYER(S):This and pre-set sectionassociated portion logos notifies hereof, are owned the orthe added controlled Buyer provision by that shall a INITIALS personal/creditsupersede OF the SELLER(S):standard check pre-set provmaybeision obtainingto the extent in conjunction with this offer The Canadian Real Estate ofAssociation such conflict (CREA) andor identifydiscrepancy. the real estateThis professionalsAgreement who including are members any ofSchedule CREA and theattached hereto, shall constitute the entire AgreementForm be tween100 BuyerRevised and 2019 Page quality ofLEGAL, services theyACCOUNTING provide. Used under AND license. ENVIRONMENTAL ADVICE: © 2019,24. Ontario Real Estate AssociationSeller. (“OREA”). There isAll norights representation, reserved. This form warranty,*This was developed is collateral typical by OREA agreement forwith the use financial andor condition,reproduction institutions which affects this or Agreement potentially other thanwith as landlordsexpressed herein. leasing For the a property by its members andlegal, licensees tax only.or environmental Any other use or reproductionadvice. is prohibited except with prior written consent of OREA. Do not alter when printing or reproducing the standardpurposes pre-set portion.of this OREAAgreement, bears no Sellerliability meansfor your usevendor of this and form. Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context. 25. CONSUMER REPORTS: The Buyer is hereby26. notified AGREEMENTINITIALS that OF a BUYER(S):consumer IN WRITING report containing credit and/or INITIALS personal OF informationSELLER(S): may be referredTIME to inAND connection DATE: Any with reference this totransaction. a time and date in this Agreement shall mean the time and date where the property is located. 27. This section outlines that if there is a discrepancy with any of the standard preprinted clauses and something 26. AGREEMENT IN WRITING: If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached hereto) and any provision in the standard pre-setthat portion was inserted hereof, the or added handwritten provision shall in- supersede theForm inserted 100the standard Revisedor hand pre-set2019 written prov Pageision clause to the willextent supersede the preprinted. of such conflict or discrepancy. This Agreement including any Schedule attached hereto, shall constitute the entire Agreement between Buyer and 4 of *The same applies to anything inserted into the schedules-WEBForms this would6 supersede the preprinted portion Seller. There is no representation,The trademarks REALTOR®, warranty, REALTORS®, collateral MLS®, agreement Multiple Listing or Services® condition, and associated which affectslogos are ownedthis Agreement or controlled by other than as exp® ressed herein. For the The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the Dec/2018 purposes of this Agreement,quality of Seller services means they provide. vendor Used underand license.Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context. © 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 27.standard TIME pre-set portion. AND OREA bears DATE no liability for your use of this form. TIME AND DATE: Any reference to a time and date in this Agreement shall mean the time and date where the property is located. 27. Any time or date in this agreement shall be based on the time where the property4 of is6 physically located. INITIALS OF BUYER(S): INITIALS OF SELLER(S): ® Dec/2018 *This can become problematic when Buyer and SellerForm are 100 not Revised in the WEBForms2019 province Page or country with the same time zone- this addresses which time zone will be used. 28. TheSUCCESSORS trademarks REALTOR®, AND REALTORS®, ASSIGNS: MLS®, The Multiple heirs, Listing executors, Services® administrators, and associated logos successors are owned and or controlled assigns by of the undersigned are bound by the terms herein. The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the SIGNED,quality SEALED of services AND they DELIVERED provide. Used inunder the license. presence of: IN WITNESS whereof I have hereunto set my hand and seal: © 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 reproduction28. SUCCESSORS is prohibited except with prior written AND consent ASSIGNS of OREA. Do not alter ...... when printing or reproducing the standard pre-set portion. OREA bears ...... no liability for your use of this form...... (Witness) In the event that one of the parties passes away prior to completion their heirs or executors are bound by ...... (Witness) the agreement. I, the Undersigned Seller, agree to the above offer. I *Extrahereby irrevocably time may instruct be myrequired lawyer to to pay close directly in to order the brokerage(s for probate) with whom to happen.I have agreed to pay commission, the unpaid balance of the commission together with applicable Harmonized Sales Tax (and any other taxes as may hereafter be applicable), from the proceeds of the sale prior to any payment to the(Buyer) undersigned on completion, as advised by the brokerage(s) to my lawyer. SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand and seal: SIGNING(Buyer) UNDER SEAL ...... (Witness) Signing under seal means that you are doing this in good faith and you do in fact intend to follow through with ...... (Seal) (Date) ...... the agreement. You are...... not under the influence of drugs or alcohol and you are not being coerced. (Witness) ...... (Seal) (Date) SPOUSAL CONSENT:Schedule The undersigned A spouse of the Seller hereby consents to the disposition evidenced herein pursuant to the provisions of the Family Law Act, R.S.O.1990,Agreement and hereby agreesof Purchase to execute all necessary andSCHEDULE Saleor incidental documents A to give full force and effect to the sale evidenced herein. (Seller) ...... (Witness) This section of the Agreement of Purchase and Sale is typically where clauses, representations and warran- (Seller) CONFIRMATION OF ACCEPTANCE: Notwithstanding anything contained herein to the contrary, I confirm this Agreement with all changes both typed Form 100 ties etc. will be inserted to protect both the Buyer and Seller. For example conditions on Financing, Home (Seal) (Date) for use in the Province andof Ontario written was finally accepted by all parties at ...... this ...... day of...... , ...... 20...... (a.m./p.m.) Inspection, the Sale of the Buyers House, Condition of the Seller finding a new suitable home etc. This

(Seal) (Date) section can also be used to outline any ...... disclosures by the Seller. This Schedule is attached to and forms part of the Agreement of Purchase and Sale(Spouse) between:

BUYER: ...... , and Listing Brokerage ...... 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 (Tel.No.) under license...... (Seal) (Date) SELLER: ...... © 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. for the purchase and sale of ...... Co-op/Buyer Brokerage ...... INFORMATION ON BROKERAGE(S)...... Revised 2019 (Tel.No.) Form 100 7 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM ...... WEBForms® Dec/2018 ...... dated the ...... day of ...... , 20......

(Signature of Seller or Buyer) Buyer agrees to pay the balance as follows: (Salesperson/Broker/Broker of Record Name) I acknowledge receipt of my signed copy of this accepted Agreement of I acknowledge receipt of my signed copy of this accepted Agreement of Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer.

...... (Salesperson/Broker/Broker ...... of Record...... Name) ...... (Seller) (Date) ...... (Seller) (Date) ACKNOWLEDGEMENT Address for Service ...... Address for Service ...... (Tel. No.) Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer. Seller’s Lawyer ...... Buyer’s Lawyer ......

Address ...... Address (Buyer) (Date) ...... Email ...... Email ...... (Buyer) (Date) ...... (Tel. No.)

FOR OFFICE USE ONLY COMMISSION TRUST AGREEMENT (Tel. No.)

To: Co-operating Brokerage shown on the foregoing Agreement of Purchase and Sale: In consideration for the Co-operating Brokerage procuring (Fax. No.) the foregoing Agreement of Purchase (Tel. No.)and Sale, I hereby declare that all moneys received or receivable by me in connection with the Transaction as contemplated in the MLS ...... a Commission Trust Agreement as defined in the MLS DATED as of the date and time of the acceptance of the foregoing Agreement of Purchase and Sale. Acknowledged by:

...... (Authorized to bind the Listing Brokerage) (Authorized to bind the Co-operating Brokerage) ® ® Rules andRules shall and be Regulations subject to ofand my governed Real Estate by Boardthe MLS shall be receivable and held in trust. This agreement shall constitute 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 © 2019,quality Ontario of servicesReal Estate they Association provide. Used (“OREA”). under license.All rights reserved. This form was developed by OREA for the use and reproduction (Fax. No.) 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.

® Rules pertaining to Commission Trust.

6 6 of

® Dec/2018 Form 100 Revised 2019 Page Form 100 Revised 2019WEBForms Page This form must be initialed by all parties to theINITIALS Agreement OF BUYER(S):of Purchase and Sale. INITIALS OF SELLER(S):

WEBForms 5 of ® 6 Dec/2018

Plain Language Forms

Form 320 Revised 2019 8 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 Confirmation of Co-operation Form 320 for use in the Province of Ontario and Representation Form 320 Confirmation of Co-operation for use in the Province of Ontario and Representation FORM 320 CONFIRMATION OF CO-OPERATION AND REPRESENTATION BUYER: ...... ConfirmationGENERAL USE of Co-operation ...... and Representation SELLER: ...... This document outlines who is working for who...... and clearly defines the different forms of agency relationship

For the transaction on the property knownavailable as: ...... to Buyer and Seller and assures all parties...... they will be treated fairly in the transaction. It also estab- DEFINITIONS AND INTERPRETATIONS:lishes For anthe agreementpurposes of this between Confirmation companies of Co-operation for compensation.and Representation: “Seller” includes a vendor, a landlord, lessor, or a prospective, seller, vendor, landlord or lessor and “Buyer” includes a purchaser, a tenant, lessee or Forma prospective, 320 buyer, purchaser, tenant or lessee and “sale“ includes a lease, and “Agreement of Purchase and Sale” includes an Agreement to Lease. for use in the Province of Ontario Commission shall be deemed to include other remuneration. The following information is confirmed by theDECLARATION undersigned salesperson/broker OF INSURANCE representatives of the Brokerage(s). If a Co-operating Brokerage is involved inBUYER: the transaction, ...... the brokerages agree to co-operate, in consideration of, and on the terms and...... conditions as set out below. The Real Estate Business Brokers Act requires that we declare in writing to all Buyers and Sellers that they DECLARATIONSELLER: ...... OF INSURANCE: ...... 3. Co-operating Brokerage requiredcompletes by the Section Real Estate 3 and and ListingBusiness Brokerage Brokersare Act,insured. 2002,completes (REBBA). This Section is one of1. the many benefits of organized real estate. For the transaction on the propertyThe known undersigned as: ...... salesperson/broker representative(s) of the Brokerage(s)...... hereby declare that he/she is insured as CO-OPERATING BROKERAGE-1. LISTING REPRESENTATION: BROKERAGE The Co-operating Brokerage represents the interests of the Buyer in this transaction. a) a) DEFINITIONS AND INTERPRETATIONS: For the purposes of this Confirmation of Co-operation and Representation: The Co-operating Brokerage“Seller” The is includesproviding Listing Brokeragea vendor,Customer arepresents landlord,Service to thelessor, the interests Buyer or a prospective,inof thisthe Sellertransaction. seller, in this vendor, transaction. landlord It is orfurther lessor understood and “Buyer” and includes agreed a that:purchaser, a tenant, lessee or b) 1. LISTINGThe undersigned BROKERAGE salesperson/broker representative(s) of the Brokerage(s) hereby declare that he/she is insured as The Co-operating Brokeragea prospective, is not representingbuyer, purchaser, the Buyer tenant and or lessee has not and entered “sale“ intoincludes an agreement a lease, and to provide“Agreement customer of Purchase service(s) and tSale”o the Buyer.includes an Agreement to Lease. 1) The Listing Brokerage is not representing or providing Customer Service to the Buyer. c) Commission shall be deemed to include other remuneration. (If the Buyer is working a)with This a Co-operating section indicatesBrokerage, Sectionthat the 3 is toSeller be completed is being by Co-operatingrepresented Brokerage) by the Listing Brokerage and the Buyer is The following information is confirmed by the undersigned salesperson/broker representatives of the Brokerage(s). If a Co-operating Brokerage is involved CO-OPERATING BROKERAGE- COMMISSION:2) The Listing Brokerage b) will inpay the the transaction, TheCo-operating Listing the ®Brokerage Information) brokerages Brokerage is providingagree the commission to co-operate, Customer as Serviceinindicated consideration to thein the Buyer. of, MLS® and oninformation the terms andfor the conditions property as set out below. MULTIPLE REPRESENTATION: Theeither Listing aBrokerage customer has enteredor not into a Buyer Representation Agreement with the Buyer and a) ……………………………………………...... (Commissionrepresents AsDECLARATION Indicated the In interests MLS OF ofINSURANCE: the Sellerb) and This the Buyer, tosection be paid with isfromtheir for consent,the Multiple amount for paidthis Representation. transaction. by the Seller The to Listingthe If Listing theBrokerage Brokerage.Listing must Brokerage be impartial andrepresents both the Seller and the equallyrequired protect by the the interests Real Estate of theand Seller Business and Brokers the Buyer Act, in 2002, this transaction. (REBBA). The Listing Brokerage has a duty of full disclosure to both The Listing Brokerage is not representing or providing Customer Service to the Buyer. the Seller and the Buyer, The including Listing Brokerage a requirement represents to disclose the interests all factual of the information Seller in this about transaction. the property It is further known understood to the Listing and Bagreedrokerage. that: The Co-operating Brokerage 1.will LISTINGbe paid asBROKERAGE follows: (If the Buyer is working with a Co-operating Brokerage, Section 3 is to be completed by Co-operating Brokerage) However, thea) Listing Brokerage1) shallBuyer not disclose: in the transaction consent is needed from both parties. In a Multiple Representation situation b) The Listing Brokerage is providing Customer Service to the Buyer. • That the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; 2) the representative must keep confidential money, motivation or terms of both Buyer and Seller unless • That the Buyer may or will pay more than the offered price, unless otherwise instructed in writing by the Buyer;

3. Co-operating BrokerageThe Co-operating completes Brokerage Section •represents The 3 motivation and the Listing interests of orBrokerage ofpersonal the MULTIPLE Buyer information completes inotherwise this REPRESENTATION: transaction. about Section instructed. the Seller1. orThe Buyer, Listing unless Brokerage otherwise has entered instructed into ina Buyerwriting Representation by the party toAgreement which the with the Buyer and information applies, or unlessrepresents failure to the disclose interests would of the constitute Seller and fraudulent, the Buyer, unlawfulwith their or consent, unethical for practice;this transaction. The Listing Brokerage must be impartial and CO-OPERATING BROKERAGE- REPRESENTATION: b) equally protect the interests of the Seller and the Buyer in this transaction. The Listing Brokerage has a duty of full disclosure to both The Co-operating Brokerage• is The providing price the Customer Buyer should Service offer to the or Buyer the price in this the transaction. Seller should accept; a) The Co-operating Brokerage• And; is not the representing Listing Brokerage® the Information) Buyer shall andthe not has Seller disclose not and entered tothe the Buyer,into Buyer an including agreement the terms a requirementtoof provideany other customer to offer. disclose service(s) all factual to the information Buyer. about the property known to the Listing Brokerage. Additional comments and/or disclosuresHowever, by it isCo-operating understood thatBrokerage: factualHowever, market(e.g., The information the Co-operating Listing Brokerageabout Brokerage comparable shall not represents disclose:properties more and than information one Bu yerknown offering to the on Listing this Brokerage b) property.) concerning potential uses for the property2. This• will That section be the disclosed Seller is mayused to bothor whenwill Seller accept aand Buyer less Buyer than wantsto the assist listed tothem price, be to represented unlesscome otherwiseto their own instructedby concl thena Salesperson usions. thein writing by the for Seller; a property that is not listed Additional comments and/or disclosures by Listing Brokerage: (e.g. The Listing Brokerage represents more than one Buyer offering on this property.) c) • That the Buyer may or will pay more than the offered price, unless otherwise® instructed in writing by the Buyer; The Listing Brokerage will pay the Co-operating Brokeragefor the sale commission• Thewith motivation any as indicated other of or personal inreal the MLS®estate information information brokerage about for the the orSeller property on or the Buyer, MLS unless otherwise(Multiple instructed® Listing in writing Service). by the party to which the CO-OPERATING BROKERAGE-(Commission COMMISSION: As Indicated In MLS information applies, or unless failure to disclose would constitute fraudulent, unlawful or unethical practice; ……………………………………………...... to be paid from the amount paid by the Seller to the Listing Brokerage. MLS then the a) • The price the Buyer should offer or the price the Seller should accept; • And; the Listing Brokerage shall not disclose to the Buyer the terms of any other offer. ®

The Co-operating Brokerage will be paid as follows:3. CO-OPERATINGHowever, it is understood BROKERAGE- that factual market information REPRESENTATION about comparable properties and MLSinformation known to the Listing Brokerage

Commission 3.will Co-operatingbe payable as Brokeragedescribed above, completes plus applicable Section taxes.3 and concerningListing Brokerage potential uses completes® forrules the and property Sectionregulations will 1.be shalldisclosed apply to toboth this Seller Commission and Buyer Trust to assist them to come to their own conclusions. b) The Co-operating Brokerage representsa) This the interestssection of indicatesthe Buyer in thatthis transaction. the Buyer is being represented by the Co-operating Brokerage

COMMISSION2. PROPERTY CO-OPERATING TRUST SOLD AGREEMENT: BY BUYERBROKERAGE- If the BROKERAGE above REPRESENTATION: Co-operating – PROPERTY Brokerage NOT is LISTED receiving payment of commission from the Listing Brokerage, agreement between a) Listing Brokerage The Co-operating and Co-operating Brokerage Brokerage is providingb) furtherThis Customer sectionincludes Service a indicates Commission to the Buyer that Trust in the thisAgreement, transaction. Buyer the is notconsideration being represented for which is the by the Co-operating Brokerage ® rules and Theregulations Co-operating pertaining Brokerage toAdditional commission is not representingcomments trusts ofand/or the BuyerListing disclosures and Brokerage’s has by not Listing entered local Brokerage: real into estatean (e.g.agreement board, The Listing ifto the provide Brokerage local customerboard’s represents service(s) more to than the Buyer.one Buyer offering on this property.) Co-operating Brokerage The procuring Brokerage an ...... represent (does/does offer for anot) trade of the property, the Buyer acceptable and the property to the Seller.is not listed This withCommission any real estateTrust Agreemenbrokerage.t Thshalle Brokerage be subject will to be and paid b) ® governed by the MLS c) rules This and section regulations.® Information) indicates that the Buyer is neither a client nor a customer rules and regulations c) so provide. Otherwise, the provisions of the OREA recommended MLS Agreement.Additional commentsFor the purpose and/or of disclosures this Commission by Co-operating Trust Agreement, Brokerage: the (e.g., Commission The Co-operating Trust Amount Brokerage shall representsbe ®the amount more notedthan one in SectionBuyer offering 3 above. on thisThe Listing CO-OPERATING The BROKERAGE-Listing Brokerage COMMISSION: will pay the Co-operating Brokerage the commission as rules indicated and regulations in the MLS® shall information apply to this for Commission the property Trust Brokerageproperty.) hereby declares that all monies received by the inSeller connection in accordance with the with trade a Seller shall constituteCustomer Servicea Commission Agreement Trust and shall be held, in trust, for the or: (Commission As Indicated In MLS Additional comments a) and/or disclosures……………………………………………...... by Buyer Brokerage: (e.g. The Buyer Brokerage...... represents to more be paid than from one by Buyerthe the amount Seller offering inpaid accordance on by this the property.) Seller with toa Sellerthe Listing Customer Brokerage. Service Agreement Co-operating Brokerage under the terms of the by applicable the Buyer directly MLSCO-OPERATING(Name of BROKERAGE Listing Brokerage) - COMMISSION SIGNED BY THE BROKER/SALESPERSON REPRESENTATIVE(S) OF THE BROKERAGE(S) by (Where the Buyer applicable)directly a) This section Theindicates Brokerage that...... represent the Listing Company the Buyer willand thepay property the Buyer’sis not listed withcompany any real estate a commission brokerage. The asBrokerage stated will be paid The Co-operating Brokerage will2. be PROPERTY paid as follows: SOLD...... BY BUYER BROKERAGE – PROPERTY NOT LISTED ® or: LISTING BROKERAGE b) on the MLS system...... Tel:...... (does/does not) Fax: ...... then the (Name Commissionof Co-operating/Buyer will be payable Brokerage) as described above, plus applicable taxes. ® rules and regulations. Dec/2018 b) This section allows the Co-operating company to indicate that the Seller is paying the commission® as ® ® rules and regulations pertaining to commission trusts...... of the Listing Brokerage’s local real estate board, if ...... the local board’s MLS ...... COMMISSION TRUST AGREEMENT: If the above Co-operating Brokerage is(Authorized receiving to payment ...... bind the of Listing commission Brokerage) from the Listing (Date) Brokerage, WEBForms agreement betweenINITIALS Listing OF BUYER(S)/SELLER(S)/BROKERAGEBrokerage and Co-operatingoutlined Brokerage in furtheraREPRESENTATIVE(S) Form includes 202 a orCommission (Nameany (Where other of ListingTrust applicable) commissionAgreement,Brokerage) the consideration agreement for which is the Additional comments and/or disclosures by Buyer Brokerage: (e.g. The Buyer Brokerage represents more than one Buyer offering onForm this 320property.) Revised 2019 Page 1 of 2 Tel:...... Co-operating Brokerage procuring Fax: ...... an offer for a trade of the property, acceptable...... to the Seller. This Commission Trust Agreement shall be subject to and governed Additionalby the MLS comments and/or disclosures by Co-operating Brokerage:(Print Name (e.g., of TheSalesperson/Broker/Broker...... Co-operating Brokerage of Record) represents more than one Buyer offering on this rules and property.)regulations so provide. Otherwise, the provisions of the OREA recommended MLS ...... BUYERAgreement. For the CO-OPERATING/BUYERpurpose of this Commission ...... BROKERAGE Trust Agreement, the Commission SELLER Trust Amount shall be the amount noted in Section 3 above. The Listing (Authorized to bind the Co-operating/Buyer Brokerage) (Date)COMMISSION TRUST AGREEMENTTel:.INITIALS ...... OF BUYER(S)/SELLER(S)/BROKERAGE Fax: ...... REPRESENTATIVE(S) (Where applicable) The trademarks REALTOR®,Brokerage REALTORS®, hereby MLS®, declares Multiple thatListing all Services® monies and received associated in logos connection are owned with or controlled the trade by shall constitute a Commission Trust and shall be held, in trust, for the The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the ® rules and regulations shall apply to this Commission Trust quality of services they provide.Co-operating Used under Brokerage license.SIGNED under BY theTHE terms BROKER/SALESPERSON ofThe the applicable following MLS section REPRESENTATIVE(S) outlines how OF commission THE BROKERAGE(S) will be (Wherepaid and applicable) which trust accounts the commission for the © 2019, Ontario...... Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction ...... by its members and(Print licensees Name only. of Salesperson/Broker/BrokerAny other use or reproduction is ofprohibited Record) except with prior written consent of OREA. Do not alter (Authorized to bind the Listing Brokerage) (Date) when printing or reproducing the standard pre-set portion. OREA bears no liability for yourtransaction use of this form. will be paid from...... LISTING BROKERAGE Commission will be payable as described above, plus applicable taxes. BUYER (Print Name of CO-OPERATING/BUYERSalesperson/Broker/Broker ofBROKERAGE Record) SELLER CONSENT...... FOR MULTIPLE REPRESENTATION (To be completed only if the Brokerage represents more than one client for the transaction) (Name of Co-operating/Buyer Brokerage) BUYER’S INITIALS SELLER’S INITIALS COMMISSION TRUST AGREEMENT: If the above Co-operating Brokerage® rules and is receiving regulations. payment of commission from the Listing Brokerage, ® rulesCONSENT and regulations FOR pertaining MULTIPLE to commission trusts REPRESENTATION of the Listing Brokerage’s local real estate board, if the local board’s The Buyer/Seller...... consentagreement with their between initials Listing to their Brokerage Brokerage and Co-operating BrokerageThe trademarks further REALTOR®, includes REALTORS®, a Commission MLS®, Multiple Trust Listing Agreement, Services® and associatedthe consideration logos are owned for orwhich controlled is theby ACKNOWLEDGEMENTThe Canadian Real EstateForm Association 320 (CREA)Revised and 2019 identify the Page real estate 1 of professionals 2 who are members of CREA and the representing more thanCo-operating one client Brokeragefor this transaction. procuringThis section an offer formust a trade be of filledthequality property, of servicesout acceptable ifthey theprovide. brokerage Usedto the under Seller. license. Thisrepresents Commission Trustmore Agreemen than t shallone beclient subject in to andthe transaction. governed by the MLS ...... Tel:...... Fax: ...... © 2019, Ontario Real Estate Association (“OREA”).(Name Allof Listingrights reserved. Brokerage) This form was developed by OREA for the use and reproduction rules and regulations so provide. Otherwise, the provisionsby its members of the and OREA licensees recommended only. Any other use MLS orWEBForms reproduction is prohibited except with prior written consent of OREA. Do not alter ® Agreement. For the purposeFor ofexample this Commission Seller Trust & Agreement,when Buyer printing or or thereproducing multipleCommission the standard BuyersTrust pre-set Amount portion. offering shallOREA bebearsDec the no/2018on amountliability the for notedyoursame use inof thisSectionproperty form. 3 above. The Listing ...... (Signature of Seller) (Date) (AuthorizedBrokerage to bind herebythe Co-operating/Buyer declares that Brokerage)all monies received (Date) in connection with the trade shall...... BUYER’Sconstitute INITIALS a Commission SELLER’S Trust and INITIALS shall be held, in trust, for the Co-operating Brokerage under the terms of the applicable MLS I have received, read, and understand theSIGNED above information. BY THE BROKER/SALESPERSON REPRESENTATIVE(S) OF THE BROKERAGE(S) (Where applicable) ...... (Signature of Seller) Tel:...... (Date) Fax: ...... (Print Name of Salesperson/Broker/Broker of Record) ACKNOWLEDGEMENT ...... (Signature ofThe Buyer) trademarks REALTOR ® , REALTORS ® , MLS (Date)®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian(Authorized Real Estate Associationto bind the (CREA) Listing and Brokerage) identify the (Date) CONSENT...... FOR MULTIPLE REPRESENTATION (To be completed only if the Brokerage represents(Signature more of Seller)than one client for the ® transaction) Dec /2018(Date) real estate professionals who are members of CREA and the quality of services they provide. Used under license. Form 320 Revised 2019 Page 2 of 2 (Name of Co-operating/Buyer Brokerage) WEBForms ® Dec/2018 ...... © 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 (Signature of Buyer) The Buyer/Seller consent(Date) with their initials to their Brokerage (Print Name of Salesperson/Broker/Broker of Record) reproduction is prohibited except...... with prior written consent of OREA. Do not alter when printing or reproducing the standard pre-set portion. OREA bears(Signature no liability offor Seller) your use of this form. (Date) WEBForms representing more than one client for this transaction. The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by Form 320 RevisedForm 320 2019 Revised Page 2019 2 9of 2 The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the quality© TRILLIUM of servicesWEST they provide.2019 | Tel:. PLAIN Used ...... under LANGUAGE license. FORM Fax: ...... WEBForms® Dec/2018 © 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(Authorized pre-set portion. to bind OREA the bearsCo-operating/Buyer no liability for your Brokerage) use of this form. (Date) I have received, read, and understand the above information...... (Print Name of Salesperson/Broker/Broker of Record) BUYER’S INITIALS SELLER’S INITIALS ...... (Signature of Buyer) (Date)

...... CONSENT FOR MULTIPLE REPRESENTATION ...... (To be completedACKNOWLEDGEMENT only if ...... the Brokerage...... represents more than ...... one client for the transaction) (Signature of Buyer) (Date) TheThe Buyer/Seller trademarks REALTOR®, consent REALTORS®, with their MLS®, initials Multiple to their Listing Brokerage 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(Signature the of Seller) (Date) representingquality of services more they than provide. one Used client under for license. this transaction.

© 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. (Signature of Seller) (Date) ® Dec/2018 WEBForms Form 320 Revised 2019 Page 2 of 2 I have received, read, and understand the above information.

...... (Signature of Buyer) (Date)

Plain Language Forms

Form 300 Revised 2019 10 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 Buyer Representation Agreement Authority for Purchase or Lease BuyerKitchener Representation(226) 314-1592 Form 300 for use in the Province of Ontario (226)Agreement 314-1600 Form 300 for use in the Province of Ontario

FORM 300 BUYER REPRESENTATION AGREEMENT This is an Exclusive...... TrilliumWest Buyer Real Representation Estate Brokerage Agreement Authority for Street Purchase Name ...... POSTAL or Lease CODE: ...... (the “Brokerage”),

BETWEEN: GENERAL USE BROKERAGE:240 Duke Street West { This form is a contract between the Buyer and the real estate company which gives the company the au- ADDRESS: ...... Form 300 to act as the Buyer’s agent for use in the Province of Ontario Buyerthority andRepresentation permission to act on behalf Agreement of the Buyer for the(Buyer’s purchase Initials) of a property. Think of it as a listing ...... N2H 3X6 Street Number Tel. No...... Fax. No...... AND ...... This is anBuyer Exclusive RepresentationBuyer RepresentationAuthorityagreement forAgreement but AgreementPurchase for Buyers...... , Authority or By Lease signing for Purchase this form (the orthe “Buyer”),Lease company must legally represent the best interest of the BUYER: BETWEEN: Buyer in the transaction. BROKERAGE: Authority for Purchase or Lease ADDRESS: ...... ADDRESS: ...... TrilliumWest Real Estate Brokerage if the time period for this Agreement...... exceeds six (the “Brokerage”), MUNICIPALITY: ...... Form 300 240 Duke Street West for use in the Province of Ontario THIS IS AN EXCLUSIVE BUYER REPRESENTATION AGREEMENT ...... Tel. No...... Fax. No...... The BuyerN2H hereby 3X6 gives the Brokerage the exclusive and irrevocable authority Kitchener AND This section identifies the parties to the(226) agreement 314-1592 and sets the time-frame that the contract will be in This is ancommencing ExclusiveBUYER: at ...... Buyer Representation on the ...... Agreement day ofAuthority ...... for Purchase or Lease , 20...... , ...... (a.m./p.m.) effect. Our code of ethics requires...... , that any agreement beyond (the “Buyer”), 6 months must be initialed by the Buyer. BETWEEN: ...... TrilliumWest Real Estate Brokerage ...... (the “Brokerage”), ADDRESS: ...... (226) 314-1600 (Buyer’s Initials) BROKERAGE: and expiring at 11:59 p.m. on the ...... day of*Note ...... , the agreement is between the Buyer and 20...... (Expiry the real estate Date), brokerage not the salesperson 240 Duke Street West MUNICIPALITY:Buyer acknowledges ...... that the time period for this Agreement is negotiable between the Buyer and the Brokerage, however, in ADDRESS: ...... accordance with the Real Estate and Business Brokers Act, 2002, (REBBA) The Buyer herebymonths, gives the the Brokerage Brokerage must theStreet exclusiveobtain Number the and Buyer’s irrevocable initials. authority (226) 314-1600 Kitchener ...... N2H 3X6 { PROPERTY Tel. No...... Street TYPE Name (USE) Fax. No...... POSTAL CODE: ...... ANDcommencing at ...... on the ...... day of ...... , 20...... , ...... for the purpose of locating a real property meeting the following general description: ...... , (the “Buyer”), BUYER: (a.m./p.m.) This details the type of property the client is looking for. Example: single family, multi residential, high rise Street Number

Property Type (Use): ...... (226) 314-1592 ADDRESS:and expiring ...... at 11:59 p.m. on the ...... day of ...... ,condo, rural to actproperty as theStreet Buyer’s Name etc. agent 20...... (Expiry Date),

...... MUNICIPALITY:Buyer acknowledges ...... that the time period for this Agreement is negotiable between the Buyer and the Brokerage, however, in { to act as the Buyer’sPOSTAL agent CODE: ...... { accordance with the RealGeographic Estate and Location: Business ...... Brokers Act, 2002, (REBBA)GEOGRAPHIC LOCATION months,The Buyer the herebyBrokerage gives must the obtain Brokerage the Buyer’s the exclusive initials. and irrevocable authority ...... This Agreement...... shall be read with all changes (Buyer’sof gender Initials) or number required by the for the purpose of locating a real property meeting the following general Thisdescription: indicates the area agreed upon by both Buyer and the real estate company for which the agreement is commencing at ...... on the ...... day of ...... , 20...... , (a.m./p.m.)The Buyer hereby warrants that the Buyer is not a party to a buyer representation agreement with any other registered real estate Property Type (Use): ...... valid - typicallyif thethe time Buyers period desiredfor this Agreement purchase exceeds area six which can be very specific or broad in nature. brokerage for the purchase or lease of a real property of the general description indicated above. and expiring at 11:59 p.m. on the ...... day of ...... , 20...... (Expiry Date), ...... 1. DEFINITIONS“Buyer” includes AND purchaser, INTERPRETATIONS: tenant and lessee, For thea “seller” purposes includes of this a Agreement vendor, landlord (“Authority” and lessor or “Agreement”): or a prospective seller, vendor, landlord and lessor

if the time period for this Agreement exceeds six Buyer acknowledges that the timeand perioda “real forestate this board” Agreement includes is negotiable a real estate between association. the Buyer A purchase and the shall Brokerage, be deemed however, to include in the entering into of any agreement to exchange, Geographic Location: ...... The Buyer hereby warrants that the Buyer is not a party to a Buyer representation agreement with any

accordance with the Real Estateor and the obtainingBusiness Brokersof an option Act, to2002, purchase (REBBA) which is subsequently exercised, and a lease includes any rental agreement, sub-lease or renewal of a lease. months, the Brokerage must obtainCommission the Buyer’s shall initials. be deemedother to include registered other remuneration. real estate brokerage for the purchase or lease of a real property of the general description ...... { ...... { context. For purposes of this Agreement, Buyer shall be deemed to include any spouse, heirs, executors, administrators, successors,INITIALS OF assigns, BUYER(S): related The Buyer hereby warrantsfor the that purpose the Buyer of locating is not a partya real to property a corporationsbuyer meetingrepresentation and the affiliated following agreementindicated corporations. general with above. description:any Related other registeredcorporations real or estateaffiliated corporations shall include any corporation where one half or a majority of ® Dec/2018 brokerage for the purchase or lease of a real property of the generalthe shareholders, description directors indicated or above.officers of the related or affiliated corporation are the same person(s) as the shareholders, directors, or officers of the Property Type (Use): ...... *A Buyer cannot enter into a Buyer Representation agreement for the same type of property and/or loca- corporation introduced to or shown the property. (Buyer’s Initials) WEBForms 1. DEFINITIONS AND INTERPRETATIONS: For the purposes of this Agreement (“Authority” or “Agreement”): ® Form 300 Revised 2019 Page 1 of 3 (Buyer’s Initials) ...... 2. COMMISSION: Intion consideration with multiple of the Brokerage Realtors undertaking...... This to assist is an the exclusivityBuyer, the Buyer agreement agrees to pay commissionand therefore to the Brokerage the agreement as follows: must expire or a “Buyer” includes purchaser, tenant and lessee, a “seller” includesIf, a during vendor, the landlord currency and of this lessor Agreement, or a prospective the Buyer seller, enters vendor, into an agreementlandlord and to purchaselessor or lease a real property of the general description indicated above, the Buyer agrees the Brokerage is entitled to receive and retain any commission offered by a listing brokerage or by the seller. The Buyer and a “real estate board”Geographic includes a realLocation: estate ...... association. A purchase shall be deemedBuyer tomust include be the released entering into from of any any agreement previous to exchange, agreement prior to signing a new one. or the obtaining of an option to purchase which is subsequently exercised,understands and a that lease the includesamount ofany commission rental agreement, offered by sub-lease a listing orbrokerage renewal orof bya lease.the seller may be greater or less than the commission stated below. The Buyer understands that the Brokerage will inform the Buyer of the amount of commission to be paid to the Brokerage by the listing brokerage or Commission shall be deemed...... to include other remuneration. INITIALS OF...... BROKERAGE: context. For purposes of this Agreement, Buyer shall be deemed to includethe any seller spouse, at the heirs, earliest executors, practical administrators,opportunity. The successors, Buyer acknowledges assigns, related that the payment of any commission by the listing brokerage or the seller will not make the Brokerage either the agent or sub-agent of the listing brokerage or the seller. corporations and affiliated corporations.The Buyer herebyRelated warrantscorporations that orthe affiliated Buyer is notcorporations a party1. to DEFINITIONSshall a buyer include representation any corporation ANDagreement where INTERPRET onewith halfany or other a majority registeredATIONS of real estate the shareholders, directors or officersbrokerage of the for related the purchase or affiliated or lease corporation of a real are property the same of theperson(s) general as thedescription shareholders, indicated directors, above. or officers of the corporation introduced to or shown the property. This section outlines who will be referred to as the Buyer and Seller for the remainder of the document DEFINITIONS AND INTERPRETATIONS: For the purposes of this Agreement (“Authority” or “Agreement”): 2. COMMISSION: In consideration of the1. Brokerage undertaking to assist the Buyer, the Buyer agrees to pay commissionThis Agreement to the Brokerageshall be read as follows: with all changes of gender or number required by the “Buyer” includes purchaser, tenant and lessee,*This a “seller” agreement includes a vendor, applies landlord to options and lessor to or purchase, a prospective leases,seller, vendor, sub leaseslandlord orand renewal lessor of leases This Agreement shallThe trademarks be read REALTOR®, with all REALTORS®, changes ofMLS®, gender Multiple or Listing number Services® required and associated by the logos are owned or controlled by If, during the currency of this Agreement, theand Buyer a “real enters estate into board”an agreement includes to apurchase real Theestate Canadianor leaseassociation. Real a realEstate property AssociationA purchase of(CREA) the shall andgeneral identifybe deemed descriptionthe real estate to include professionalsindicated the who entering are members into of of CREA any and agreement the to exchange, quality of services they provide. Used under license. above, the Buyer agrees the Brokerage is entitled to receive and retain any commission offered by a listing brokerage or by the seller. The Buyer or the obtaining of an option to purchase which is subsequently exercised, and a lease includes any(Buyer’s rental Initials) agreement, sub-lease or renewal of a lease. understands that the amount of commission offered by a listing brokerage or by the seller© 2019, may Ontario be Realgreater Estate orAssociation less than (“OREA”). the commission All rights reserved. stated This below.form was developed by OREA for the use and reproduction Commission shall be deemed to includeby its othermembers2. remuneration. COMMISSIONand licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter The Buyer understands that the Brokerage will informcontext. the ForBuyer purposes of the amount of this Agreement,of commissionwhen Buyer printing to be shallor paid reproducing be to deemed the the Brokerage standard to include pre-set by portion.the any listing OREAspouse, brokeragebears heirs, no liability executors,or for your use administrators, of this form. successors, assigns, related the seller at the earliest practical opportunity. The corporationsBuyer acknowledges and affiliated that the corporations.payment of any RelatedThis commission section corporations by theestablishes listingor affiliated brokerage the corporations commissionor the seller shall will include structure. any corporation It states where that one the half Buyeror a majority agrees of the real estate company is not make the Brokerage either the agent or sub-agent of the listing brokerage or the seller. the shareholders, directors or officers of the related or affiliated corporation are the same person(s) as the shareholders, directors, or officers of the corporation introduced to or shown the property.entitled to be paid a fee by the listing company as outlined.

2. COMMISSION: In consideration of the Brokerage* It is TrilliumWest undertaking to assistReal the Estate Buyer, the Brokerages Buyer agrees topolicy pay commission for commission to the Brokerage to be as follows:as per the MLS listing or If, during the currency of this Agreement, the Buyer enters into an agreement to purchase or lease a real property of the general description indicated 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 professionalsabove, who the are Buyer members agrees of CREA the and Brokerage the isnegotiated entitled to receive with and the retain seller any orcommission builder offered directly, by a listing we will brokerage not request or by the seller.our buyerThe Buyer clients make up any shortfall. © 2019,quality Ontario of servicesReal Estate they Association provide. Used (“OREA”). under license.AllINITIALS rights reserved. OF This BROKERAGE: form was developed by OREA for the use and reproduc INITIALS OF BUYER(S): by its members and licensees only understands that the amount of commission offered by a listing brokerage or by the seller may be greater or less than the commission stated below. when printing or reproducing the standard pre-set por The Buyer understands that the Brokerage will inform the Buyer of the amount of commission to be paid to the Brokerage by the listing brokerage or the seller at the earliest practical opportunity. The Buyer acknowledges that the payment of any commission by the listing brokerage or the seller will . Any other use or reproduction is prohibited except with notprior make written consentthe Brokerage of OREA. Do either no the agent or sub-agent of the listing brokerage or the seller. INITIALS OF BROKERAGE: tion ® Dec/2018 tion. OREA bears no liability for your use of this form. Form 300 Revised WEBForms2019 Page 1 of 3

INITIALS OF BUYER(S):

WEBForms Form 300 Revised 2019 11 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM ® WEBForms® Dec/2018 Dec/2018 % of the sale price of the property

or by the seller, the

.... days after the expiration stered real estate

the amount paid to the ase agreed to

perty or, in the case If, during the currency of this Agreement, the Buyer enters into an agreement to purchase any property of the general description indicated above, the Buyer agrees that the Brokerage is entitled to be paid a commission of ...... or ...... ion indicated above. The or for a lease, a commission of ...... The Buyer agrees to pay directly to the Brokerage any deficiency between this amount and the amount, if any, to be paid to the Brokerage by a listing brokerage or by the seller. The Buyer understands that if the Brokerage is not to be paid any commission by a listing brokerage eavour to procure the Buyer will pay the Brokerage the full amount of commission indicated above. The Buyer agrees to pay the Brokerage such commission if the Buyer enters into an agreement within ...... of this Agreement (Holdover Period) to purchase or lease any real property shown or introduced to the Buyer from any source whatsoever during the term of this Agreement, provided, however, that if the Buyer enters into a new buyer representation agreement with another regi brokerage after the expiration of this Agreement, the Buyer’s liability to pay commission to the Brokerage shall be reduced by other brokerage under the new agreement. The Buyer agrees to pay such commission as described above even if a transactionIf, during contemplated the currency by an of agreementthis Agreement, to purchase the Buyer or le enters into an agreement to purchase any property of the general description indicated above, or accepted by the Buyer or anyone on the Buyer’s behalf is not completed, if such non-completion is owing or attributable to the Buyers default or neglect. Said commission, plus any applicable taxes, shall be payable on thethe date Buyer set agrees for completion that the ofBrokerage the purchase is entitled of the topro be paid a commission of ...... of a lease or tenancy, the earlier of the date of occupancy by the tenant or the date set for commencement of the lease or tenancy. All amounts set out as commission are to be paid plus applicable taxes on such commission.or ...... equally protect This Agreement applies for the purchase or lease of one real property. Notwithstanding the foregoing, in the event that the Buyer leases a property, this agreement remains in force as set out herein for the purchase ofor the for leased a lease, property a commission or a property of ...... of the general descript ...... leasing of a property by the Buyer does not terminate this AgreementThe Buyerwith respect agrees to to the pay purchase directly of to a the property. Brokerage any deficiency between this amount and the amount, if any, to be paid to the Brokerage by a listing brokerage or by the seller. The Buyer understands that if the Brokerage is not to be paid any commission by a listing brokerage 3. REPRESENTATION:including information The on BuyerSeller acknowledgesRepresentation, that Sub-Agency, the Brokerage BuyerBuyer has Representation,will provided pay the the Brokerage BuyerMultiple with Representationthe written full amount information andof commission Customer explaining Service. indicated agency The relationships,above. Brokerage shall assist the Buyer in locating a real property of the general descriptionThe Buyer agreesindicated to abovepay the and Brokerage shall represent such commission the Buyer in if an the end Buyer enters into an agreement within ...... acceptance of an agreement to purchase or lease such aof property. this Agreement (Holdover Period) to purchase or lease any real property shown or introduced to the Buyer from any source whatsoever during the The Buyer acknowledges that the Buyer may not be shownterm or of offered this Agreement, all properties provided, that may however, be of interest that ifto thethe BuyerBuyer. enters The Buye intor herebya new buyeragrees representation that the agreement with another regi terms of any buyer’s offer or agreement to purchase orbrokerage lease the propertyafter the will expiration not be disclosed of this Agreement, to any other the buyer. Buyer’s The liabilityBuyer further to pay acknowledges commission thatto the the Brokerage shall be reduced by Brokerage may be entering into buyer representationother agreements brokerage with under other thebuyers new who agreement. may be interested in the same or similar properties that the Buyer % of the sale price of the property may be interested in buying or leasing and the BuyerThe Buyerhereby agrees consents to payto the such Brokerage commission entering as describedinto buyer representationabove even if agreema transactionents with contemplated other buyers by an agreement to purchase or le who may be interested in the same or similar propertiesor accepted without by the any Buyer claim or by anyone the Buyer on ofthe conflict Buyer’s of behalf interest. is notThe completed,Buyer hereby if appoints such non-completion the Brokerage is owing or attributable to the Buyers default or as agent for the purpose of giving and receivingneglect. notices Said pursuant commission, to any offerplus orany agreement applicable to purchasetaxes, shall or leasebe payable a property on theneg dateotiated set by for the completion Brokerage. of the purchase of the pro MULTIPLE REPRESENTATION: The Buyerof ahereby lease acknowledgesor tenancy, the that earlier the Brokerage of the date may of occupancybe entering byinto the listing tenant agreements or the date with set sellers for commencement of properties of the lease or tenancy. All amounts set out the Buyer may be interested in buying oras leasing. commission In the are event to bethat paid the Brokerageplus applicable has entered taxes oninto such or enters commission. into a listing agreement with the seller of a property the Buyer may be interested in buying or leasing, the Brokerage will obtain the Buyer’s written consent to represent both the Buyer and the This Agreement applies for the purchase or lease of one real property. Notwithstanding the foregoing, in the event that the Buyer leases a property, seller for the transaction at the earliest practicable opportunity and in all cases prior to any offer to purchase or lease being submitted or presented. this agreement remains in force as set out herein for the purchase of the leased property or a property of the general descript or by the seller, the The Buyer understands and acknowledgesleasing of thata property the Brokerage by the Buyermust be does impartial3. not REPRESENTATION terminate when representing this Agreement both thewith Buyer respect and to the the seller purchase and of a property. the interests of the Buyer 3.and REPRESENTATION: the seller in the transaction. The Buyer The acknowledgesBuyer understands that andthe Brokerageacknowledges has thatprovided when therepresenting Buyer with bot writtenh the Buyerinformation and the explaining agency relationships,.... days after the expiration seller, the Brokerage shall have a duty of full disclosure to both the BuyerThis and section the seller, confirms including a requirementthat the tosales disclos persone all factual has information clearly explained the different types of agency relationships about the property known toincluding the Brokerage. information on Seller Representation, Sub-Agency, Buyer Representation, Multiple Representation and Customer Service. The Brokerage shall assist the Buyer in locating a real property of the general description indicated above and shall represent the Buyer in an end stered real estate However, The Buyer furtheracceptance understands of an and agreement acknowledges to purchase that the orthat Brokerage lease may such shall occura property. not disclose: in a transaction. the amount paid to the • that the seller may or will accept less than the listed price, unless otherwise instructed in writing by the seller; • that the Buyer mayThe or Buyer will pay acknowledges more than thethat offered the Buyer price, may unless*Multiple not beotherwise shown Representation- orinstructed offered inall writing properties by whenthe that Buyer; may the be ofreal interest estate to the brokerageBuyer. The Buye representsr hereby agrees more that the than one party to the trans- • the motivation termsof or personalof any buyer’s information offer orabout agreement the Buyer to purchaseor seller, unlessor lease otherwise the property instructed will notin writingbe disclosed by the toparty any to other which buyer. the information The Buyer further acknowledges that the applies or unless failure to disclose would constitute fraudulent, unlawful or unethical practice; Agreement or within Brokerage may be entering into buyer representationaction agreements i.e both with the other Seller buyers and who Buyer may be orinterested multiple in the Buyerssame or similar offering paboveroperties inon Paragraphthat the the same Buyerase agreed property. to In these instances • the price themay Buyer be interestedshould offer in buyingor the price or leasing the seller and should the Buyer accept; hereby and consents to the Brokerage entering into buyer representation agreements with otherperty buyers or, in the case • the Brokeragewho may shall be not interested disclose into the sameBuyer orthe similar terms ofpropertiesthe any otherbrokerage without offer. any andclaim representativeby the Buyer of conflict must of interest. be impartial The Buyer herebyand appointsequally the represent Brokerage both parties’ best interests. as agent for the purpose of giving and receiving notices pursuant to any offer or agreement to purchase or lease a property negotiated by the Brokerage. However, it is understood that factual market information about comparable properties and information known to the Brokerage concerning potential uses for MULTIPLEthe property REPRESENTATION: will be disclosed to both The Buyer Buyer and hereby seller acknowledgesto assist them to that come the toBrokerage their own mayconclusions. be entering into listing agreements with sellers of properties ion indicated above. The Wherethe a BuyerBrokerage may representsbe interested both in the buying Seller or and leasing. the Buyer In the (multiple event that representation), the Brokerage the has Brokerage entered shallinto ornot enters be entitled into a or listing authorized agreement to be with agent the seller of for aeither property the Buyer the Buyer or the may Seller be for interested the purpose in buying of giving or4. leasing,and REFERRAL receiving the Brokerage notices. OF will obtain PROPERTIES the Buyer’s written consentINITIALS to represent OF both BUYER(S): the Buyer and the seller for the transaction at the earliest practicable opportunity and in all cases prior to any offer to purchase or lease being submitted or presented. MULTIPLE REPRESENTATION ANDThe CUSTOMER Buyer agrees SERVICE: that during The the Buyer currency understands of this Buyer and agreesRepresentation that the BrokerageAgreement also the Buyerprovides will representation act in good faith ® Dec/2018 Theand Buyer customer understands service toand other acknowledges buyers and sellers.that the If BrokeragetheThis Brokerage section must represents be requires impartial or provideswhen that representing thecustomer Buyer service both commit the to moreBuyer than andto oneworkthe selseller lerwith orand buyer the for real the estate company for the duration of the the interests of the Buyer and the seller in the transaction. The Buyer understands and acknowledges that when representing both the Buyer eavourand the to procure the same trade, the Brokerage shall, in writing, at the earliest practicable opportunity and before any offer is made, inform all sellers and buyers of the WEBForms seller,nature the Brokerage of the Brokerage’s shall have relationship a duty of full to eachdisclosure sellercontract toand both buyer. the andBuyer that and the they seller, must including inform a requirement their Salesperson to disclose all factual of any information property of interest. If they do not inform the about the property known to the Brokerage. Form 300 Revised 2019 Page 2 of 3 However,4. REFERRAL andThe workBuyer OFexclusively further PROPERTIES: understands with the Brokerage and acknowledges for theSalesperson purchase that the or Brokeragelease of of aa realpropertyshall property not disclose: thatof the theygeneral subsequently description indicated end above up. Thepurchasing Buyer agrees on their own; the commission in this • that the sellerthat, duringmay or the will currency accept lessof this than Agreement, the listed theprice, Buyer unless shall otherwise advise the instructed Brokerage in immediatelywriting by the of anyseller; property of interest to the Buyer that came to the • that the BuyerBuyer’s may attention or will pay from more any thansource the whatsoever, offered price,contract and unless all offers otherwise will to bepurchase owed.instructed or lease in writing submitted by theby theBuyer; Buyer shall be submitted through the Brokerage • the motivationto ofthe or seller. personal If the information Buyer arranges about a thevalid Buyer agreement or seller, to purchaseunless otherwise or lease instructed any property in writing of the bygeneral the party description to which indicated the information above that came to the ® attention of the Buyer during the currencyINITIALS of*Note this OF Agreement BROKERAGE: this does and the include Buyer arranges for sale said byagreement owner during properties the currency and of this new builds as well as those listed on MLS applies or unless failure to disclose would constitute fraudulent, unlawful or unethical practice; • the price the Buyerthe should Holdover offer Period or the after price expiration the seller of should this Agreement, accept; and the Buyer agrees to pay the Brokerage the amount of commission set out • the Brokerage shall2 notof thisdisclose Agreement, to the Buyerpayable the within terms (5)of anydays other following offer. the Brokerage’s written demand therefor. However, it is understood that factual market information about comparable properties and information known to the Brokerage concerning potential uses for the property5. INDEMNIFICATION: will be disclosed to both The BuyerBrokerage and seller and representativesto5. assist INDEMNIFICATION them to ofcome the Brokerageto their own are conclusions. trained in dealing in real estate but are not qualified in determining Where a Brokerage representsthe physical both condition the Seller of and the theland Buyer or any (multiple improvements representation), thereon. the The Brokerage Buyer agrees shall notthat be the entitled Brokerage or au andthorized representatives to be agent of the The trademarks REALTOR®, REALTORS®, MLS®,This Multiple section Listing Services® explains and associated that logos Salespersonsare owned or controlled by cannot be held liable equally for protect the condition of the property; it is the for either the Buyer orliable the Seller for Theany for Canadian defects,the purpose Real whether Estate of Associationgiving latent and (CREA)or receivingpatent, and identify to notices. the the landreal estate or improvementsprofessionals who are thereon. members ofAll CREA information and the supplied by the seller or landlord or the listing quality of services they provide. Used under license. MULTIPLE REPRESENTATIONbrokerage mayAND not CUSTOMER have been verifiedSERVICE: and Theresponsibility is Buyer not warrantedunderstands ofby andthe the agreesBrokerage Buyer that astheto being Brokerageeducate accurate also themselves andprovides will berepresentation relied on theon by conditionthe Buyer of the property. and customer service torisk. other The ©buyers 2019,Buyer Ontarioand acknowledges sellers. Real Estate If theAssociation having Brokerage (“OREA”). been represents advised All rights reserved. toor makeprovides This theirform customer was own developed enquiries service by OREA to moreconfirmfor the usethan and the one reproduc condition sellertion or buyerof the forproperty. the 6. FINDERS byFEE: its members The Buyer and licensees acknowledges only. Any other that use orthe reproduction Brokerage is prohibited may be except receiving with prior awritten finder’s consent fee,of OREA. reward Do no t alterand/or referral incentive, and the Buyer consents same trade, the Brokerage shall,when in writing,printing or atreproducing the earliest the standard practicable pre-set *Itportion. opportunity is OREAhighly bears and recommendno beforeliability for any your offeruse thatof isthis made, form. the informBuyer all completesellers and buyers a home of the inspection or bring in other industry professionals nature of the Brokerage’sto anyrelationship such benefit to each being seller received and buyer. and retained by the Brokerage in addition to the commission as described above. 4. REFERRAL OF PROPERTIES: 7. CONSUMER REPORTS: The Buyer is hereby notifiedif they that have a Consumerconcerns Report about containing the property credit and/or personal information may be referred to in and work exclusively with the Brokerage for the purchase or lease of a real property of the general description indicated above. The Buyer agrees connection with this Agreement and any subsequent transaction. Brokerage will not be that, during the currency8. USE of AND this Agreement, DISTRIBUTION the Buyer OF shall INFORMATION: advise the Brokerage The Buyer immediately consents of to any the property collection, of interestuse and to disclosure the Buyer thatof personal came to informationthe by the Brokerage Buyer’s attention from any source whatsoever, and all offers to purchase or lease submitted by the Buyer shall be submitted through the Brokerage to the seller. If the Buyer arrangesfor such purposesa Thevalid Buyer agreement that agrees relate tothat to purchase the during real theorestate lease currency services6. any FINDER’S ofproperty thisprovided Buyer of the Representationby generalthe FEE Brokerage description Agreement to the indicated Buyer the Buyer including, above will that act but camein not good limitedto thefaith to: locating, assessingat the Buyer’s and own attention of the Buyer duringqualifying the currency properties of this for Agreement the Buyer; and advertising the Buyer on arranges behalf saidof the agreement Buyer; providing during the information currency ofas this needed to third parties retai the Holdover Period after inexpiration a transaction of this (e.g. Agreement, financial the institutions, Buyer agrees building to Thispay inspectors, the section Brokerage etc...); provides the amountand such consent of othercommission use forof the set the outBuyer’s Salesperson information as/ isBrokerage consistent with to the accept services any finder’s fees (for example 2 of this Agreement, payableprovided within by(5) the days Brokerage following in the connection Brokerage’s with written the purchase demand ortherefor. prospective purchase of the property. The Buyer agrees that the sale and related information mortgageregarding any companies property purchased may offerby the Buyer fees through to bring the Brokeragea client) may this be fee retained is in and addition to any commission payable to disclosed by the Brokerage and/or real estate board(s) (if the property is an MLS® Listing) for reporting, appraisal and statistical purposes and for such other use of the information as the Brokerage and/or board deems appropriate in connection with the listing, marketing and selling of real estate, the Salesperson. Brokerage will not be The trademarks REALTOR®, REALTORS®,including MLS®, Multipleconducting Listing Services®comparative and associated market logos analyses. are owned or controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of*The CREA andBuyer the does not pay for this but consent is requiredat ifthe a Buyer’s finder’s own fee arises © 2019,quality Ontario of servicesReal Estate they Association provide. Used (“OREA”).The under Buyer license.AllINITIALS rights acknowledges reserved. OF This BROKERAGE: form that was thedeveloped information, by OREA forpersonal the use and or reproduc otherwisetion (“information”), provided to the real estate board or associationned by may the be Buyer stored to onassist by its members and licensees only. Any other databasesuse or reproduction located is prohibited outside except of Canada, with prior written in which consent case of OREA. the Doinformation not alter would be subject to the laws of the jurisdiction in which the information is located. when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. 9. CONFLICT OR DISCREPANCY: If there is any conflict or discrepancy between any provision added to this Agreement and any provision in the standard pre-set portion hereof, the added provision 7.shall CONSUMER supersede the standard REPORTS pre-set provision to the extent of such conflict or discrepancy. This Agreement, including any provisions added to this Agreement, shall constitute the entire Agreement between the Buyer and the Br 5. INDEMNIFICATION:no representation, Thewarranty, Brokerage collateral and representativesagreement or condition, Thisof the statesBrokerage which that affects are thetrained this Buyer Agreement in dealing acknowledges other in real than estate as expressedbut that are notcredit herein. qualified checks in determining and personal information may be used in the 10.the SUCCESSORS physical condition AND of ASSIGNS: the land or any improvements thereon. The Buyer agrees that the Brokerage and representativesAgreement or of within the liable for any defects, whether latent or patent, to the land or improvements thereon. All information suppliedabove by the in sellerParagraph or landlord or the listing 11. brokerage ELECTRONIC may COMMUNICATION:not have been verified This and Agreement is not warranted andprocess any by agreements,the of Brokerage finding notices as INITIALSthem being or other accuratea OFproperty. communications BUYER(S): and will be reliedcontemplated on by the thereby Buyer may be transmitted The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. byrisk. means The Buyer of electronic acknowledges systems, having in which been case advised signatures to make shall their be deemedown enquiries to be original.to confirm The the transmission condition ofof the this property. Agreement byned by the Buyer to assist means shall be deemed to confirm the Buyer has retained*This a true is copytypical of the in Agreement. rental or for mortgage applications 6. FINDERS FEE: The Buyer acknowledges that the Brokerage may be receiving a finder’s fee, reward and/or referral incentive, and the Buyer consents 12. ELECTRONICto any such SIGNATURES:benefit being received If this Agreement and retained has bybeen the signedBrokerage with in an addition electronic to the signature commission the parties as described hereto consent above. and agree to the use of such electronic signature with respect to this Agreement pursuant to the Electronic Commerce Act, 2000, S.O. 2000, c17 as amended fromokerage. time to time. There is 7. CONSUMER REPORTS: The Buyer is hereby notified that a Consumer Report containing credit and/or personal information may be referred to in 13. SCHEDULE(S):connection...... with this Agreement and any subsequent transaction.8. USE AND DISTRIBUTIONForm 300 Revised 2019 atta OFched Page INFORMATIONhereto 2 of form(s) 3 part of this Agreement. THE BROKERAGE AGREES TO REPRESENT THE BUYER IN LOCATING A REAL PROPERTY OF THE GENERAL DESCRIPTION INDICATED ABOVE IN AN 8. USE AND DISTRIBUTION OF INFORMATION: The Buyer consents to the collection, use and disclosure of personal information by the Brokerage ENDEAVOURfor TO such OBTAIN purposes THE ACCEPTANCEthat relate to theOF realAN AGREEMENTestate servicesThis TO provided PURCHASE section by thegivesOR BrokerageLEASE Salespeople A PROPERTY to the Buyer theON including, TERMS right SATISFACTORYunder but not the limited Privacy TO to: THE locating, BUYER. Act assessingto use personal and information provided to them qualifying properties for the Buyer; advertising on behalf of the Buyer; providing information asWEBForms needed to third parties retaithe Buyer by electronic by the Buyer in order to assist in completion® of the transaction...... in a transaction (e.g. financial institutions, building inspectors, ...... etc...); and such...... other ...... use of the Buyer’s informationDec/2018 as is consistent with the services (Authorized to bindprovided the Brokerage) by the Brokerage in connection with the purchase*Buyer (Date) orinformation prospective purchase will not of the be property. distributed to any third parties. The Buyer agrees that the sale and related information regarding any property purchased by the Buyer through the Brokerage may be retainedokerage. and There is THIS AGREEMENT disclosedHAS BEEN by READ the Brokerage AND FULLY and/or UNDERSTOOD real estate BY board(s) ME, I ACCEPT (if the THEproperty TERMS is anOF MLS®THIS AGREEMENT Listing) for reporting, AND I ACKNOWLEDGE appraisal and ONstatis THIStical DATE purposes I and for HAVE SIGNED UNDERsuch SEAL. other Any use representationsof the information contained as the Brokerage herein are and/or true to boardthe best deems of my appropriate knowledge, in information connection and with belief. the listing, marketing and selling of real estate, including conducting comparative market analyses.9. CONFLICT OR DISCREPANCY SIGNED, SEALED AND DELIVERED I have hereunto set my hand and seal: The Buyer acknowledges that the information, personal or otherwise (“information”), provided (Name of to Person the real Signing) estate board or association may be stored on databases located outside of Canada, in which Thiscase thesection information states would that be anythingsubject to the handwritten laws of the jurisdiction or added in which to this the information formthe Buyer shall isby located. supersedeelectronic the pre-printed clauses...... 9. CONFLICT OR DISCREPANCY: If there is any conflict or discrepancy between any provision added to this Agreement and any provision in the (Signature of Buyer) standard pre-set portion hereof, the added provision*Schedules shall supersede can be the added standard to pre-set the agreementprovision to the andextent if of they such confliconflictct or discrepancy. with the Thispre-printed version the schedule Agreement, including any provisions added to this Agreement, shall constitute the entire Agreement between the Buyer and the Br ...... The heirs, executors, will ...... take administrators, precedence...... successors and ...... assigns of the undersigned are bound by the terms of this Agreement. (Signature of Buyer) no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. 10. SUCCESSORS AND ASSIGNS: (Seal) (Date) 11. ELECTRONIC COMMUNICATION: This Agreement and any agreements, notices or other communications contemplated thereby may be transmitted by means of electronic systems, in which case signatures shall be deemed to be original. The transmission of this Agreement by (Seal)10. (Date) ELECTRONIC COMMUNICATION The Salesperson/Broker/Brokermeans of Recordshall be ...... deemed to confirm the Buyer has retained a true copy of the...... Agreement.(Tel. No.) DECLARATIONThis OF section INSURANCE just allows this agreement to be sent electronically and it will still be legally binding. hereby declares that he/she12. is ELECTRONIC insured as required SIGNATURES: by REBBA. If this Agreement has been signed with an electronic signature the parties hereto consent and agree to the use of such electronic signature with respect to this Agreement pursuant to the Electronic Commerce(Tel. No.) Act, 2000, S.O. 2000, c17 as amended from time to time. (Name of *ElectronicSalesperson/Broker/Broker signing of programs Record) are now commonly (Name used of Person in Signing)the real estate industry. Be sure to use a system ...... 13. SCHEDULE(S):...... attached hereto form(s) part of this Agreement. THE BROKERAGE AGREES TO REPRESENT THEthat BUYER can IN LOCATINGauthenticate A REAL and PROPERTY provide OF THE a verification GENERAL DESCRIPTION certificate. INDICATED ABOVE IN AN (Signature(s) of Salesperson/Broker/Broker of Record) ENDEAVOUR TO OBTAIN THE ACCEPTANCE OF AN AGREEMENT TO PURCHASE OR LEASE A PROPERTY ON TERMS SATISFACTORY TO THE BUYER. The Buyer(s) hereby acknowledge that the Buyer(s) fully understand the terms of this Agreement and have received a copy of this Agreement ...... 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 on the ……...... day(Authorized of ………...... ………...... ….…………...... …real to estatebind professionalsthe Brokerage) who are members of CREA and the quality of services they (Date) provide. Used………, under license. 20 …...... ………... ACKNOWLEDGEMENT © 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 (Tel. No.) ...... THIS AGREEMENTreproduction isHAS prohibited BEEN except READ with priorAND written FULLY consent UNDERSTOOD of OREA...... Do not BY alter ME, when ...... I printingACCEPT or reproducing THE TERMS the standard OF THIS pre-set AGREEMENT portion. OREA AND bears no I ACKNOWLEDGEliability for your use of this ON form. THIS DATE I (Signature of Buyer) HAVE SIGNED UNDER SEAL.(Date) Any representations contained herein are true to the best of my knowledge, information and belief. Form 300 Revised 2019 12 ...... © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM...... (Seal) (Date) (Tel. No.) WEBForms® Dec/2018 (Signature of Buyer) SIGNED, SEALED AND (Date) DELIVERED I have hereunto set my hand and seal:

The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by (Seal) (Date) 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(Signature reserved. of This Buyer) 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 DECLARATION OF INSURANCE when printing or reproducing the standard pre-set portion. OREA...... bears no liability for your use of this form...... (Signature of Buyer)

(Name of Salesperson/Broker/Broker of Record)

The Salesperson/Broker/Broker of Record ......

hereby declares that he/she is insured as required by REBBA.Form 300 Revised 2019 Page 3 of 3 ACKNOWLEDGEMENT (Signature(s) of Salesperson/Broker/Broker of Record) ...... WEBForms ® Dec/2018

The Buyer(s) hereby acknowledge that the Buyer(s) fully understand the terms of this Agreement and have received a copy of this Agreement

on the ……...... day of ………...... ………...... ….…………...... …………, 20 …...... ………...

...... ® Dec/2018 (Signature of Buyer) (Date) Form 300 Revised WEBForms2019 Page 3 of 3 ...... (Signature of Buyer) (Date) 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. 5. INDEMNIFICATION: The Brokerage and representatives of the Brokerage are trained in dealing in real estate but are not qualified in determining the physical condition of the land or any improvements thereon. The Buyer agrees that the Brokerage and representatives of the liable for any defects, whether latent or patent, to the land or improvements thereon. All information supplied by the seller or landlord or the listing brokerage may not have been verified and is not warranted by the Brokerage as being accurate and will be relied on by the Buyer risk. The Buyer acknowledges having been advised to make their own enquiries to confirm the condition of the property. 6. FINDERS FEE: The Buyer acknowledges that the Brokerage may be receiving a finder’s fee, reward and/or referral incentive, and the Buyer consents to any such benefit being received and retained by the Brokerage in addition to the commission as described above. 7. CONSUMER REPORTS: The Buyer is hereby notified that a Consumer Report containing credit and/or personal information may be referred to in connection with this Agreement and any subsequent transaction. 8. USE AND DISTRIBUTION OF INFORMATION: The Buyer consents to the collection, use and disclosure of personal information by the Brokerage for such purposes that relate to the real estate services provided by the Brokerage to the Buyer including, but not limited to: locating, assessing and qualifying properties for the Buyer; advertising on behalf of the Buyer; providing information as needed to third parties retai Brokerage will not be in a transaction (e.g. financial institutions, building inspectors, etc...); and such other use of the Buyer’s information as is consistent with the servicesBrokerage will not be provided by the Brokerage in connection with the purchase or prospective purchase of the property. at the Buyer’s own The Buyer agrees that the sale and related information regarding any property purchased by the Buyer through the Brokerage may be retained andat the Buyer’s own disclosed by the Brokerage and/or real estate board(s) (if the property is an MLS® Listing) for reporting, appraisal and statistical purposes and for such other use of the information as the Brokerage and/or board deems appropriate in connection with the listing, marketing and selling of real estate, including conducting comparative market analyses.

The Buyer acknowledges5. INDEMNIFICATION: that the information, The Brokeragepersonal or and otherwise representatives (“information”), of the Brokerageprovided to are the trainedreal estate in dealing board orin associreal estateation butmay are be notstored qualified on in determining databases located outsidethe physical of Canada, condition in which of the case land the or information any improvements would be thereon. subject Theto the Buyer laws agrees of the jurisdictionthat the Brokerage in which and the representativesinformation is located. of the 9. CONFLICT OR DISCREPANCY:liable for any If there defects, is any whether conflict latent or discrepancy or patent, tobetween the land any or provisionimprovements added thereon. to this AllAgreement information and suppliedany provision by the in theseller or landlord or the listing standard pre-set portionbrokerage hereof, the may added not provisionhave been shall verified supersede and is the not standard warranted pre-set by the provision Brokerage to the as extent being of accurate such confli andct orwill discrepancy. nedbe reliedby the onBuyer Thisby the to assistBuyer Agreement, including anyrisk. provisions The Buyer added acknowledges to this Agreement, having beenshall advisedconstitute to the make entire their Agreement own enquiries between to confirmthe Buyer the and condition the Br of the property. ned by the Buyer to assist no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. 6. FINDERS FEE: The Buyer acknowledges that the Brokerage may be receiving a finder’s fee, reward and/or referral incentive, and the Buyer consents 10. SUCCESSORS AND ASSIGNS:to any such benefit being received and retained by the Brokerage in addition to the commission as described above. 11. ELECTRONIC COMMUNICATION: This Agreement and any agreements, notices or other communications contemplated thereby may be transmitted 7. CONSUMER REPORTS: The Buyer is hereby notified that a Consumer Report containing credit and/or personal information may be referred to in by means of electronic systems,connection in which casewith thissignatures Agreement shall andbe deemed any subsequent to be original. transaction. The transmission of this Agreement by The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. means shall be deemed to confirm the Buyer has retained a true copy of the Agreement. 8. USE AND DISTRIBUTION OF INFORMATION: The Buyer consents to the collection, use and disclosure of personal information by the Brokerage 12. ELECTRONIC SIGNATURES: If forthis such Agreement purposes has that been relate signed to the with real an estate electronic services signature provided the byparties the Brokeragehereto consent to the and Buyer agree including, to the use but of not such limited to: locating, assessing and electronic signature with respect toqualifying this Agreement properties pursuant for the to Buyer;the Electronic advertising Commerce on behalf Act, of 2000, the Buyer; S.O. 2000,providing c17 information as amended as from needed time to to third time. parties retai 13. SCHEDULE(S):...... in a transaction (e.g. financial institutions, building inspectors, etc...); atta chedand suchhereto other form(s) use partof the of Buyer’sthis Agreement. information as is consistent with the services provided by the Brokerage in connection with the purchase or prospective purchase of the property. THE BROKERAGE AGREES TO REPRESENT THE BUYER IN LOCATING A REAL PROPERTY OF THE GENERAL DESCRIPTION INDICATED ABOVE IN AN ENDEAVOUR TO OBTAIN THE ACCEPTANCE The Buyer OF AN agrees AGREEMENT that the TOsale PURCHASE and related OR information LEASE A PROPERTY regarding ON any TERMS property SATISFACTORY purchased byTO theTHE Buyer BUYER. okerage.through theThere Brokerage is may be retainedokerage. and There is disclosed by the Brokerage and/or real estate board(s) (if the property is an MLS® Listing) for reporting, appraisal and statistical purposes and for ...... such other use of the information ...... as the Brokerage...... and/or ...... board deems appropriate in connection with the listing, marketing and selling of real estate, (Authorized to bind the Brokerage) including conducting (Date)comparative market analyses.13. SCHEDULE(S) The Buyer acknowledges that the information, personal or otherwise (“information”), providedthe Buyer to the by real electronic estate board or association may be stored on THIS AGREEMENT HAS BEEN READ AND FULLY UNDERSTOODdatabases located BY ME, outside I ACCEPT of Canada,THE TERMS in whichOF THIS Ifcase AGREEMENTspecific the information forms AND Iwould ACKNOWLEDGEor documents be subject toON theare THIS laws added DATE of the I tojurisdiction the agreement; in which the informationtheythe Buyer would isby located. electronicbe detailed here HAVE SIGNED UNDER SEAL. Any representations contained herein are true to the best of my knowledge, information and belief. 9. CONFLICT OR DISCREPANCY: If there is any conflict or discrepancy between any provision added to this Agreement and any provision in the standard pre-set portion hereof, the added provision*For exampleshall supersede a detailed the standard map pre-set of theprovision Buyers to the desired extent of suchsearch confli areact or discrepancy. This SIGNED, SEALED AND DELIVERED I have hereunto setAgreement, my hand and including seal: any provisions The added heirs, executors,to this Agreement, administrators, shall constitute successors the and entire assigns Agreement of the undersigned between the are Buyer bound and by the the Br terms of this Agreement. no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein...... 10. SUCCESSORS AND ...... ASSIGNS: ...... (Signature of Buyer) This Section (Name of statesPerson Signing) that the company representing the Buyer will do their absolute best in assisting the Buyer 11. ELECTRONIC COMMUNICATION: This Agreement and any agreements, notices or other communications contemplated thereby may be transmitted ...... by means of electronic ...... systems,...... in which casein locatingsignatures ...... shalland be obtaining deemed to anbe original.accepted The transmissionoffer with of favourablethis Agreement terms by based on the location and description of (Signature of Buyer) means shall be deemed to confirm the Buyer has retained a true copy of the Agreement. the property stated here in. 12. ELECTRONIC SIGNATURES: If this Agreement has been signed with an electronic signature the parties hereto consent and agree to the use of such electronic signature with respect to this Agreement pursuant to the Electronic Commerce Act, 2000, S.O. 2000, c17 as amended from time to time. (Seal) (Date) (Name of Person Signing) The Salesperson/Broker/Broker of Record ...... 13. SCHEDULE(S):...... attached hereto form(s) part of this Agreement. THE BROKERAGE (Seal) (Date) AGREES TO REPRESENT THETHE BUYER DECLARATION IN LOCATING A REAL PROPERTY OF INSURANCE OF THE GENERAL DESCRIPTION INDICATED ABOVE IN AN hereby declares that he/she is insured as required by REBBA. DECLARATIONENDEAVOUR TO OF OBTAIN INSURANCE THE ACCEPTANCE OFBy AN signing(Tel. AGREEMENT No.) this theTO PURCHASE Salesperson OR LEASE is statingA PROPERTY they ON carry TERMS insuranceSATISFACTORY as TO required THE BUYER. by REBBA. This is one of the ...... (Name of Salesperson/Broker/Broker of Record) ...... (Authorized to bind the Brokerage) many (Tel. benefitsNo.) of using(Date) organized real estate. (Signature(s) of Salesperson/Broker/Broker of Record) The Buyer(s) hereby acknowledge that the Buyer(s) fully understand the THIS terms AGREEMENT of this Agreement HAS BEEN and have READ received AND FULLY a copy UNDERSTOOD of this Agreement BY ME, I ACCEPT THE TERMS OF THIS AGREEMENT(Tel. AND No.) I ACKNOWLEDGE ON THIS DATE I HAVE SIGNED UNDER SEAL. Any representations contained herein are true to the best of my knowledge, information and belief. on the ……...... day of ………...... ………...... ….…………...... …………, 20 …...... ………... (Seal) (Date) (Tel. No.) SIGNED, SEALED AND DELIVERED I have hereunto set my hand and seal: ...... ACKNOWLEDGEMENT...... (Signature of Buyer) (Date) (Seal) (Date) ...... (Signature of Buyer)...... (Signature of Buyer) (Date) DECLARATION OF INSURANCE ...... The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are(Signature owned or controlledof Buyer) 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 (Name of Salesperson/Broker/Broker of Record) when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. The Salesperson/Broker/Broker of Record ......

hereby declares that he/she is insured as required by REBBA. ACKNOWLEDGEMENT (Signature(s) of Salesperson/Broker/Broker of Record) ......

The Buyer(s) hereby acknowledge that the Buyer(s) fully understand the terms of this Agreement and have received a copy of this Agreement Form 300 Revised 2019 Page 3 of 3

on the ……...... day of ………...... ………...... ….…………...... …………, 20 …...... ………...

WEBForms ...... ® Dec/2018 ® /2018 (Signature of Buyer) Dec (Date) Form 300 Revised WEBForms2019 Page 3 of 3 ...... (Signature of Buyer) (Date) 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 300 Revised 2019 13 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 AgreementCondominium of Purchase Resale and Sale - FORM 101

Plain Language Forms

Form 101 Revised 2019 14 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 Agreement of Purchase and Sale Condominium Resale

Form 101 (Full legal names of all Buyers) for use in the Province of Ontario Form 101 (Full legal names of all Sellers) for use in the Province of Ontario Agreement of Purchase and Sale This Agreement of Purchase and Sale dated this ...... day of ...... 20...... (Apartment/Townhouse/Suite/Unit) Condominium Resale This Agreement of Purchase and Sale dated this ...... day of ...... 20...... BUYER: ...... , agrees to purchase from

...... together with ownership BUYER: ...... , agrees to purchase from SELLER: ...... , the following

PROPERTY: SELLER: ...... , the following a unit in the condominium property known as ...... No...... interest in the common PROPERTY: a unit in the condominium property known as ...... No...... located at ...... (Full legal names of all Buyers)

(Legal Name of Condominium Corporation) in the ...... (Number(s),located atLevel(s)) ...... (Full legal names of all Sellers) Dollars (CDN$) ...... being ...... in the ...... Condominium PlanAgreement No ...... of Purchase...... and Sale

(Apartment/Townhouse/Suite/Unit) Unit Number ...... Form Level101 No.being ...... Building No. . Condominium Plan No ...... for use in the Province of Ontario - Condominium Resale or exclusive use of Parking Space(s) ...... Unit Number ...... , Level togetherNo...... with ownership or exclusive Building use of No. . (Number(s), Level(s)) (Legal Name of Condominium Corporation) For the purposes of this Locker(s) ...... ,or exclusive use of Parking Space(s) together ...... with Seller’s proportionate undivided tenancy-in-common interest...... , together with ownership or exclusive use of FORM 101 AGREEMENT OF PURCHASEosit HolderAND shall SALE place - CONDOMINIUM RESALE in the common elements appurtenant to the Unit as described in the DeclarationAgreement and Description including of thePurchase exclusive right to use andsuch other partsSale of the common elements appurtenant to the LUnitocker(s) as may ...... , be specified in the DeclarationGENERAL and Description: USE the Unit, the proportionate together with Seller’s proportionate undivided tenancy-in-common interest Condominium Resale elements appurtenant thereto, and the exclusive use portions of the common elements, being herein called the “Property”. in the common elements(Herewith/Upon appurtenant Acceptance/asto Thisthe Unit document as otherwise described described in is the used Declarationin this Agreement)to detail and Description the terms including & theconditions exclusive right of to usethe such offer other partsfrom of the Buyer as well as any the common elements appurtenant(Number(s), Level(s)) to the Unit as may be specified in the Declaration and Description: the Unit, the proportionate PURCHASE PRICE: Form elements 101 appurtenant thereto, and the exclusivesubsequent use portions counter of(Number(s), the common offers Level(s)) elements, from being Seller herein called& Buyer the “Property”. until an agreement is made between the two parties. for use in the Province of Ontario ...... Dollars together with ownership PURCHASE PRICE:

DEPOSIT: Buyer submits ...... DEPOSIT(Full legal names of all Buyers)...... This...... Agreement of Purchase and Sale dated this ...... day of ...... 20...... Dollars The Buyer includes a deposit in the offer to show sincerity and to the make the agreement legally ...... DEPOSIT:BUYER: ...... Buyer submits ...... (Full legal names...... of all Sellers) Dollars (CDN$) ...... ,...... agrees to purchase from binding. The deposit is considered to be part of the purchase price and will be credited towards the by negotiable cheque payable to ...... “Deposit Holder” to be held ...... SELLER: ...... (Seller/Buyer) ...... , Dollars (CDN$) (a.m./p.m.) ...... the following in trust pending completion or other termination of this Agreementdown and to payment be(Apartment/Townhouse/Suite/Unit) credited toward on closing. the Purchase Price on completion. Agreement, “UponPROPERTY: Acceptance” shall mean that the Buyer is required to deliver the deposit to the Deposit Holder within 24 hours of the acceptance of this Agreement.by negotiable The parties cheque to thispayable Agreement to ...... hereby acknowledge*It should that, unless be otherwisenoted thatprovided the for deposit in this Agreement,...... will be the cashed Dep upon“Deposit receipt Holder” toso be funds held need to be available. a unit in the condominium property known as ...... interest No...... in the common the depositin trust in pending trust in thecompletion Deposit Holder’s or other non-interesttermination bearingof this Agreement Real(Herewith/Upon Estate andTrust to AccountAcceptance/as be credited and notoward otherwise interest the describedshall Purchase be earned,in Pricethis Agreement) onreceived completion. or paid on the deposit. Dollars (CDN$) ...... 6 Agreement, “Upon Acceptance” shall mean that the Buyer is required to deliver the deposit to the Deposit Holder within 24 hours of the acceptance of of Buyer agrees to pay the balance as more particularly set out in Schedule A attached. 1 this Agreement.located The atparties ...... to this Agreement hereby acknowledge that, unless otherwise provided for in this...... Agreement, the Dep the deposit in trust in the Deposit Holder’s non-interest bearing1. IRREVOCABILITY Real Estate Trust Account and no interest shall be earned, re...... ceived or paid on the deposit. together with® ownershipDec/2018 SCHEDULE(S) A...... attached hereto form(s) part of this Agreement. Buyer agreesin to the pay ...... the balance as more particularlyThis is set the out time in Schedule frame forA attached. which the offer...... is good until. If the offer isWEBForms not accepted within the allotted time 1. IRREVOCABILITY: This offer shall(Legal be Nameirrevocable of Condominium by ...... Corporation) until ...... Form on the101 ...... Revised 2019 Page SCHEDULE(S) A...... being ...... period the offer is Null andattached Void and hereto noCon longer form(s)dominium binding.part Plan of No this ...... Agreement.

day of ...... 20 ...... , after which time, if not accepted, this offer shall be null and void and the deposit shall be returned *Ifto the the Buyer offer in full iswithout signed interest. back a new irrevocable will be opened up at that time 1. IRREVOCABILITY:Unit This Numberoffer shall ...... be irrevocable by ...... Level No.(Number(s), ...... Level(s)) until ...... Building ...... No. . on the ...... interest in the common INITIALS OF BUYER(S): INITIALS OF SELLER(S): 2. COMPLETIONor exclusive useDATE: of Parking This Agreement Space(s) shall ...... be completed by no later than 6:00 p.m. on the ...... day of ...... , together with ownership...... , or exclusive use of day of ...... 20 ...... Upon completion, vacant possession of the property 20 ...... , shall aftbeer given which to time,the Buyer if not unless accepted, otherwise this offer provided shall forbe innull this Agreement. 2. COMPLETION DATE For the purposes of this and void and the deposit shall be returned to(Number(s), the Buyer inLevel(s)) full without interest. Locker(s) ...... ,This is the date that the property is together scheduled with Selle tor’s change proportionate handsDollars undivided and(CDN$) unless tenancy-in-common...... otherwise statedinterest in the agreement; 2. COMPLETION DATE: This Agreement shall3. be completed by no later than 6:00 p.m. on the ...... day of ...... , NOTICES: Where a Brokerageosit representsHolder shall place both in the common elements appurtenant to the Unit as described in the Declaration and Description including the exclusive right to use such other parts of The trademarks REALTOR®,Agreement. REALTORS®, WhereThe MLS®,vacant Seller a Multiple Brokerage hereby possession Listing appoints Services®(Buyer’s andthe isBrokerage) associatedListingto be Brokerage logosprovided. has are entered owned as or agent into controlled a forrepresentation bythe Seller for agreement the purpose with of thegiving Buyer, and the receiving Buyer hereby notices a pursuappointsnt the to this 20 ...... Upon completion,the Thecommon vacant Canadian possession elements Real Estate appurtenantAssociation of the property (CREA) to and theshall identify Unit be the asgiven real may estate to be the professionals specified Buyer unless who in are the otherwise members Declaration of CREAprovided and and the forDescription: in this Agreement. the Unit, the proportionate quality of services Buyer’sthey provide. Brokerage Used under aslicense. agent for the(Seller/Buyer) purpose of giving and receiving notices (a.m./p.m.) pursuant to this Agreement.of acceptance thereof elements appurtenant thereto, and*The the exclusive completion use portions date of cannotthe common be elements, Anyon noticea weekend being relating herein heretoor calledStat or provided theHoliday. “Property”. for herein shall The Seller hereby appointsthe Sellerthe Listing and Brokerage the Buyer as (multipleagent for the representation), Seller for the purpose the Brokerage of giving and shall receiving not be notices appointed pursua ornt to authorized this to be agent for 3. © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction 3. NOTICES: NOTICES:by its members and eitherlicensees only.the Any Buyer other use or or thereproduction Seller is prohibitedfor the except purpose with prior of written giving consent and of OREA. receiving Do not alter notices. when printingThe Seller or reproducing hereby the appoints standard pre-set the portion.Listing OREA Brokerage bears no liability as agent for your for use the of this Seller form. for the purpose of giving and receiving notices pursuant to this Agreement. Agreement.Where aPURCHASE Brokerage Where abe (Buyer’s PRICE:Brokerage in writing. Brokerage) (Buyer’s In addition hasBrokerage) to entered any provision hasinto entered a representation contained into a hereinrepresentation agreement and in any withagreement Schedule the Buyer, withhereto, thethe thisBuyerBuyer, offer, hereby the any Buyer counter-offer,appoints hereby the appoints notice the The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian RealBuyer’s Estate Association BrokerageBuyer’s (CREA) asBrokerage and agent identify for the asor realthe agentany estatepurpose notice forprofessionals the ofto purposebegiving whogiven areand ofor members givingreceivedreceiving of andCREA pursuant notices receiving and the pursuantto thisnotices Agreement to pursuant this Agreement. or toany this Schedule Agreement. hereto (any of them, “Document”) shall be deemed given and 3. NOTICES (Herewith/Upon Acceptance/as otherwise described in this Agreement) © 2019,quality Ontario of servicesReal Estate theythe Association provide. Seller Used (“OREA”).the andunder Seller license.All the rights...... and Buyer reserved. the received (multiple This Buyer form whenwas (multiple representation),developed delivered by representation), OREA personally for the the use or and Brokeragehand reproduc the delivered Brokeragetion shall to the not Address shall be appointed not for Service be appointed provided or...... authorized orin the authorized Acknowledgement to be agent to be for agentbelow, foror where a facsimile Dollars by its members and licensees only. Any other use or reproductionINITIALS is prohibited OF exceptBUYER(S): with prior written consent of OREA. Do no t alter INITIALS OF SELLER(S): For the purposes of this when printing or reproducing theeither standard the eitherpre-set Buyer portion. the or OREABuyer the bears numberSeller or no liabilitythe foror Seller foremail the your useforpurposeaddress of thethisThis form. ispurpose providedof paragraph giving ofherein, andgiving outlines whenreceiving and transmitted receiving the notices. various electronically notices. forms to that of facsimilecommunication number or email that address, are acceptable respectively, into which deliver case, notice.

be in writing.be in writing.In additionDEPOSIT: In addition tothe any signature(s) Buyer provisionto any submits provision of contained the ...... party contained herein(parties) andherein shall in beanyand deemed Schedulein any toSchedule behereto, original. hereto,this offer, this any offer, counter-offer, any counter-offer, notice notice...... osit Holder shall place

or any ornotice any noticeto be givento be orgiven received or received pursuant pursuant to *Ifthis tomultipleAgreement this Agreement representation,or any or Schedule any Schedule hereto the hereto (any notice of(any them, mustof them,“Document”) be “Document”) delivered shall beshall and deem be acknowledged deemed givened given and and by the Buyer and Seller directly FAX No.: ...... FAX No.: ...... (For delivery...... of Documents to Buyer) received when delivered personally or hand delivered to the Address for Service provided in the Acknowledgement below, or where a facsimile received when delivered ...... personally or hand delivered to the Address for Service provided in the Acknowledgement...... below, or Dollarswhere a(CDN$) facsimile ...... numbernumber or email or email address address is provided is provided herein, herein, whenunless when transmitted transmitted authority electronically electronically has been to that togranted thatfacsimile facsimile elsewhere number number or email orin emailthis address,Where agreementaddress, respecti a Brokeragerespectively, ofvely, purchaseinWhere which inrepresents which acase, Brokerage and case, saleboth for represents the sales both representative (For delivery of Documents Any notice to Buyer) relating hereto or provided for herein shall the thesignature(s) signature(s) Email of theof Address: theparty party (parties) ...... (parties) shall shall be deemedbe deemed to beto original.be original. Email Address: Any ...... notice ...... relating hereto or provided for herein shall by negotiable cheque payableto act to ...... for both parties...... “Deposit Holder” to be held (For delivery of Documents(For delivery to Seller) of Documents to Seller) FAX No.: ...... in trust pending completion or other termination of FAX this No.:Agreement ...... and to...... be credited toward the Purchase Price on completion. FAX No.: ...... 4. Agreement, “Upon Acceptance” shall mean that the FAX Buyer No.: is ...... required to ...... deliver the deposit to the Deposit Holder within 24 hours of the acceptance of CHATTELS INCLUDED:...... of acceptance thereof this Agreement. The parties(For delivery to this of Agreement Documents tohereby Seller) acknowledge that, unless otherwise provided for in this Agreement, the Dep (For delivery of Documents4. CHATTELS to Seller) INCLUDED of acceptance thereof Email Address: ...... the deposit(For delivery in trust of inDocuments the Deposit to Seller) Holder’s non-interest Email Address: bearing ...... Real Estate...... Trust Account and no interest shall be earned, received or paid on the deposit. Email Address: ...... Email Address: ...... Form 101 Revised 2019 Page Buyer agrees to payThis the balancesection asallows more the particularly Buyer and set Seller out in toSchedule negotiate A attached. any items they wish to include in the agreement which (For delivery of Documents to Seller) (Seller/Buyer) (a.m./p.m.) 4. CHATTELSCHATTELS INCLUDED: INCLUDED:...... 4. are not affixed to the property. Not limited to but(For common delivery of Documents examples to Buyer) are appliances, sheds, garage door SCHEDULE(S) A...... (For delivery of Documentsattached to Buyer) hereto form(s) part of this Agreement. WEBForms 1 of remotes etc. ® 6 Dec/2018 1. IRREVOCABILITY: This offer shall be irrevocable by ...... (For delivery of Documents untilthe ...... toPurchase Buyer) Price...... free on the ...... *The guide to follow is “when in doubt spell(For delivery it out”. of Documents Best topractice Buyer) is clear descriptions of the items so as to day of ...... 20 ...... , after which time, if not accepted, this offer shall be null Unless otherwise stated in this Agreementavoid or any confusion.Schedule hereto, Seller agrees to convey all fixtures and chattels included in from all liens, encumbrancesand or voidclaims and affecting the deposit the said shall fixtures be returned and chattels. to the Buyer in full without interest.

5. FIXTURES EXCLUDED:2...... COMPLETION DATE: This Agreement shall be completed by no later than 6:00 p.m...... on the ...... day of ...... , 5. FIXTURES EXCLUDED 1 of 6 Unless otherwiseUnless stated otherwise in this Agreement stated in20 orthis any...... Agreement Schedule Upon or hereto, any completion, Schedule Seller agrees vacanthereto, to possession Sellerconvey agrees all offixtures theto convey property and allchattels shall fixtures be included givenand chattels toin the Buyer included unless in otherwise provided for in this Agreement. INITIALS OF BUYER(S): INITIALS OF SELLER(S): ® Dec/2018 from all liens, encumbrancesfrom all liens, or encumbrances claims affecting or theclaims saidThis affecting fixtures includes theand said chattels. any fixtures items and that chattels. are attached to the house that both the Seller andForm Buyer 101 Revised agree WEBForms2019 will be Page removed 5. prior to completion. Not limited to but common examples are chandelier, bathroom mirrors, TV Brackets, FIXTURES EXCLUDED:5. FIXTURES...... EXCLUDED:...... The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The CanadianReverse Real Estate Association Osmosis (CREA) Water and identify treatment, the real estate professionals curtain who and are members rods ofetc. CREA and the quality of services they provide. Used under license. 6. not RENTAL ITEMS (Including Lease,© Lease2019, Ontario to Own): Real*Same Estate The Association guidingfollowing (“OREA”). equipmentprinciple All rights is asreserved.rented in #3 andThis chattels form was developed - it byis OREAalways for included the bestuse and in to reproduc the spell Purchasetion things Price. out The very Buyer clearly. ` agrees Also keep in mind by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of theOREA. Purchase Do not alter Price free to assume the rental contract(s), if assumable:when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. the Purchase Price free there may be holes, or damage during the process of removal.

6. RENTAL ITEMS (IncludingRENTAL Lease, ITEMSLease (Includingto Own): The Lease, following Lease equipment to Own): is rentedThe following and equipment is rented and 6. 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 to assume the rental contract(s),to ifassume assumable: the rental contract(s), if assumable: 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 The Buyer agrees to co-operatereproduction and is executeprohibited exceptsuch documentationwith prior written consent as may of OREA. be required Do not alter to when facilitate printing orsuch reproducing assumption. the standard pre-set portion. OREA bears no liability for your use of this form. not included in the Purchase Price. The Buyer ` agrees Form 101 Revised 2019 15 7. not included in the Purchase Price. The Buyer ` agrees ® COMMON EXPENSES: Seller© TRILLIUM warrantsWEST to 2019 Buyer | PLAIN that the LANGUAGE common FORM expenses presently payable to the Condominium Corporation in respect of the WEBForms Dec/2018

Property are approximately $ ...... per month, which amount includes the following: ...... The Buyer agrees to co-operate and executeThe Buyer such agrees documentation to co-operate as may and be execute required such to facilitatedocumentation such assumption. as may be required to facilitate such assumption.

7. COMMON EXPENSES: Seller warrants7. COMMON to Buyer that EXPENSES: the common Seller expenses warrants presently to Buyer payable that theto the common Condominium expenses Corporation presently payable in respect to theof the Condominium Corporation in respect of the

8. Property are approximately $ ...... Property are per approximately month, which amount$ ...... includes the following: per month, ...... which amount...... includes the following: ...... PARKING AND LOCKERS: Parking and Lockers are as described above or assigned as follows: ......

...... at an additional cost of: ......

8. PARKING AND LOCKERS: Parking and LockersPARKING are as described AND LOCKERS:above or assigned Parking asand follows: Lockers ...... are as described above or assigned as follows:...... The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services®8. 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 2 of 6 © 2019, ...... quality Ontario of servicesReal Estate they Association provide. Used (“OREA”). under license.All rights reserved. This form was developed at an by additional OREA for the cost use and of: reproduc ...... tion ...... by its members and licensees only. Any other use or reproductionINITIALS is prohibited OF except ...... BUYER(S): with prior written consent of OREA. Do no t alter INITIALS INITIALSOF BUYER(S): OF at anSELLER(S): additional cost of: ...... INITIALS OF SELLER(S): when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. ® Dec/2018 Form 101 Revised WEBForms2019 Page

The trademarks REALTOR®, REALTORS®, MLS®,INITIALS Multiple Listing OF Services® BUYER(S): Theand trademarksassociated REALTOR®,logos are owned REALTORS®, or controlled MLS®, by Multiple Listing INITIALS Services® and OF associated SELLER(S): logos are owned or controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionalsThe Canadian who Realare membersEstate Association of CREA and(CREA) the and identify the real estate professionals who are members of CREA and the quality of services they provide. Used under license. 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 2019, with Ontario prior writtenReal Estate consent Association of OREA. (“OREA”). Do not alter All rights reserved. This form was developed by OREA for the use and reproduction when printing or reproducing the standard pre-set portion. OREA bears no liabilityby itsfor members your use andof this licensees form. 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 101 Revised 2019 Page

WEBForms 2 of 2 of ® 6 6 WEBFormsDec/2018 ® Dec/2018 Where a Brokerage represents both

of acceptance thereof 3. NOTICES: Any notice relating hereto or provided for herein shall The Seller hereby appoints the Listing Brokerage as Theagent Seller for thehereby Seller appoints for the purposethe Listing of Brokeragegiving and as receiving agent for notices the Seller pursua fornt the to purposethis of giving and receiving notices pursuant to this Agreement. Where a Brokerage (Buyer’s Brokerage) has entered into a representation agreement with the Buyer, the Buyer hereby appoints the 3. NOTICES: 3. Agreement. Where a Brokerage (Buyer’s Brokerage)Buyer’s has enteredBrokerage into NOTICES:as a agentrepresentation for the purpose agreement of giving with theand Buyer, receiving the Buyernotices hereby pursuant appoints to this theAgreement. the Seller and the Buyer (multiple representation), the Brokerage shall not be appointed or authorized to be agent for Buyer’s Brokerage as agent for the purpose of giving and receivingAgreement. notices pursuant WhereThe Seller to a this Brokerage hereby Agreement. appoints (Buyer’s the Brokerage) Listing Brokerage has entered as agentinto a forrepresentation the Seller for agreement the purpose with of thegiving Buyer, and the receiving Buyer hereby notices a pursuappointsnt the to this the Seller and the Buyer (multiple representation),either the Buyer the Buyer’s Brokerage or the Brokerage Seller shall foras notagent the be purposefor appointed the purpose of giving orof giving authorized and and receiving receiving to be noticesnotices. agent pursuant for to this Agreement. either the Buyer or the Seller for the purposebe in writing. of giving In additionthe and Seller receivingto any and provision the notices. Buyer contained (multiple herein representation), and in any Schedule the Brokeragehereto, this offer, shall any not counter-offer, be appointed notice or authorized to be agent for or any notice to be given or received pursuant to this Agreement or any Schedule hereto (any of them, “Document”) shall be deemed given and be in writing. In addition to any provision contained herein andeither in any the Schedule Buyer hereto,or the thisSeller offer, for any the counter-offer, purpose of notice giving and receiving notices. or any notice to be given or received pursuantreceived to this Agreementwhen deliveredbe in or writing. any personally Schedule In addition or hereto hand to any (anydelivered provision of them, to (Forcontainedthe “Document”) Addressdelivery herein of for Documents shall Service and be in deemanytoprovided Buyer) Scheduleed given in the hereto, and Acknowledgement this offer,Where any counter-offer,below,a Brokerage or where notice represents a facsimile both received when delivered personally or handnumber delivered or emailto theor addressAddress any notice isfor provided toService be given herein,provided or received when in the transmitted pursuant Acknowledgement to electronicallythis Agreement below, to or that or any wherefacsimile Schedule a facsimile number hereto or(any email of them, address, “Document”) respecti vely,shall inbe which deem edcase, given and Any notice relating hereto or provided for herein shall number or email address is provided herein,the when signature(s) transmitted receivedof the electronically party when (parties) delivered to thatshall personally facsimile be deemed numberor hand to be ordelivered original. email address, to the Address respecti forvely, Service in which provided case, in the Acknowledgement below, or where a facsimile the signature(s) of the party (parties) shall be deemed to benumber original. or email address is provided herein, when(For delivery transmitted of Documents electronically to Buyer) to that facsimile number or email address, respectively, in which case, FAX No.: ...... the signature(s) of the party (parties) shall be deemed to FAXbe original. No.: ...... (For delivery of Documents to Seller) of acceptance thereof FAX No.: ...... FAX No.: ...... FAX No.: ...... FAX No.: ...... Email Address: ...... (For delivery of Documents to Seller) Email Address: ...... (For delivery of Documents to Seller) Where a Brokerage represents both Email Address: ...... Email Address: ...... Email Address: ...... Email Address: ...... Any notice relating hereto or provided for herein shall (For delivery of Documents to Seller) 4. CHATTELS INCLUDED:...... (For delivery of Documents to Seller) ...... (For delivery of Documents to Buyer) 4. CHATTELS INCLUDED:...... 4...... CHATTELS INCLUDED:...... (For delivery of Documents to Seller) (For delivery of Documents to Buyer) of acceptance thereof the Purchase Price free

(For delivery of Documents to Buyer)

(For delivery of Documents to Buyer) Unless otherwise stated in this Agreement or any Schedule hereto, Seller agrees to convey all fixtures and chattels included in Unless otherwise stated fromin this all Agreement liens, encumbrances or any Schedule or claims hereto, affecting Seller the agrees said tofixtures convey and all fixtureschattels. and chattels included in Unless otherwise stated in this Agreement or any Schedule hereto, Seller agrees to convey all fixtures and chattels included in from all liens, encumbrances or claims affecting the said fixtures and chattels. from all liens, encumbrances or claims affecting the said fixtures and chattels. 5. FIXTURES EXCLUDED:...... 5. 5. FIXTURES EXCLUDED:...... FIXTURES EXCLUDED:......

the Purchase Price free 6. RENTAL ITEMS not included in the Purchase Price. The Buyer ` agrees This section deals with items that are currently rented on the property and not included in the purchase price. Typical examples are hot water heaters, water softeners, sometimes furnace & A/C. 6. RENTAL ITEMS (Including Lease, Lease to Own): The following equipment is rented and 6. 6. RENTAL ITEMStoRENTAL assume (Including theITEMS rental Lease,(Including contract(s), Lease Lease, if *Noteassumable:to Own): Lease the Theto items Own):following listed The equipment following in this isequipment sectionrented and ismust rented be and assumed unless otherwise detailed in this agreement. to assume theto assumerental contract(s), the rental contract(s),if assumable: if assumable: the Purchase Price free It is strongly advised to review rental contracts prior to assuming them.

not included in the Purchase Price. The Buyer ` agrees 7. COMMON EXPENSES These are the condo fees that are charged to the owner for their proportionate share of the operat- The Buyer agrees to co-operate and execute such documentation as may be required to facilitate such assumption. The Buyer agrees to co-operate and execute such documentation as may be required to facilitate such assumption. The Buyer agrees to co-operate and executeing, such management, documentation as maintenance may be required to and facilitate repairs. suchnot assumption. includedDetails in ofthe whatPurchase is Price. included The Buyer in ` theseagrees expenses are found 7. 7. COMMON EXPENSES: Seller warrants to Buyer that the common expenses presently payable to the Condominium Corporation in respect of the COMMON EXPENSES: Seller warrants to Buyer that the common expenses presently payable to the Condominium Corporation in respect of the 7. COMMON EXPENSES: Seller warrantsin tothe Buyer Condominium that the common expenses Documents. presently payable to the Condominium Corporation in respect of the Property are approximately $ ...... per month, which amount includes the following: ...... PropertyProperty are approximately are approximately $ ...... $ ...... *These per fees month, per are which month, typically amount which includes amountcharged theincludes following:monthly the following: ...... and are ...... subject...... to change depending on the annual budget and condo board decisions

8. 8. PARKING AND LOCKERS: Parking and 8.Lockers PARKING are as described AND above LOCKERS or assigned as follows: ...... PARKING AND LOCKERS: Parking and Lockers are as described above or assigned as follows: ...... 8. PARKING AND LOCKERS: Parking and Lockers are as described above or assigned as follows: ...... Deeded parking at an additional spots costand of: lockers ...... are detailed at the beginning of the Agreement of Purchase and Sale...... at an additional cost of: ...... 2 of 6

...... If parkingINITIALS spotsOF BUYER(S): or atlockers an additional are assigned cost of: ...... and ...... not detailed INITIALS at the OF SELLER(S):beginning their description® Dec/2018 will be noted Form 101 Revised 2019 Page here. If there are additional fees associated with the parking or lockers theyWEBForms should also be outlined here.

The trademarks REALTOR®, REALTORS®, MLS®,INITIALS Multiple Listing OF Services® BUYER(S): and associated logos are owned or controlled by INITIALS OF SELLER(S): The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian TheReal Canadian Estate Association Real Estate (CREA) Association and identify (CREA) the andreal identifyestate professionals the*Best real estate who practice professionals are members whois of CREA toare membersdescribe and the of CREA the and locationthe of the locker or parking with spot or locker number and location quality of services theyThe provide. trademarks Used REALTOR®, under license. REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by © 2019,quality Ontario ©of 2019,servicesReal Estate Ontario they Association provide. Real Estate Used (“OREA”).The Association under Canadian license.All rights (“OREA”). Real reserved. Estate All Association Thisrights form reserved. was (CREA) developed This and form identify by was OREA developed the for real the estate use by andOREA professionals reproduc for thetion use who and are reproduc memberstion of CREA and the by its members byand its licensees members only. and Anylicensees other qualityonly.use or Any reproductionof services otherINITIALS use they isor prohibited reproductionprovide. OF UsedexceptBUYER(S): is under prohibited with priorlicense. writtenexcept consentwith prior of OREA.written Doconsent no t alter of OREA. Do no t alterINITIALS OF SELLER(S): when printing orwhen reproducing printing theor reproducingstandard pre-set the standardportion. OREA pre-set bears portion. no liability OREA forbears yourwithin no use liability of this thefor form. your building use of this form. or complex i.e. Parking Garage level 4 spot #5 © 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. 9. HST to HST, Seller agrees to certify on or before 9. HST: If the sale of the PropertyThis section (Real Property details as described how above) HST is is subject to be to Harmonized handled Salesif applicable. Tax (HST), then Most, such tax shallhowever be not all residential resale Form 101 Revised 2019 Page

9. HST: If the sale of the...... Property (Real Property agreements as described above) are the isexempt Purchase subject to Price. of Harmonized HST. If the sale Certain Sales of the Tax Property (HST), commercial is then not subject such tax and shall new be build residential agreements may be 2 of 6 (included in/in addition to) WEBForms ...... (included in/inclosing, addition that to) the sale of the thesubject Property Purchase is to not Price. HST. subject If the to sale HST. of Any the HSTProperty on chattels, is not subject if applicable, is not included in the Purcha® Decse/2018 Price. 10. closing, that the saleTITLE of theSEARCH: Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price. *HST can be handled in many differentForm 101 Revisedways 2019and we Page stronglydy recommend or satisfy or obtain seeking independent advice toBuyer examine shall the be title allowed to the untilProperty 6:00 at p.m. Buyer’s on theown ...... expense andday untilof ...... , the earlier of: (i) thirty days from the later 20 of...... , the Req (Requisitionuisition Date Date) or the date Buyer shall be allowed until 6:00 p.m. on the ...... day of ...... , 20...... , (Requisition Date) 10. TITLE SEARCH:on which the conditions in thisfrom Agreement an accountant are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that there are no to examine the title to the Property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which theoutstanding conditions workin this orders Agreement or deficiency are fulfilled notices or otherwiseaffecting thewaived Property, or; (ii) and five that days its presentprior to use completion, (...... WEBForms to satisfy2 of Buyer...... ) that there are no ® 6 may be lawfully continued. If within that time any valid objection to title or to any outstanding work order or Decdeficiency/2018 notice, or to the fact the said outstandingpresent work useorders may or not deficiency lawfully be notices continued,10. TITLEaffecting is made theSEARCH inProperty, writing andto Seller that itsand present which useSeller (...... is unable or unwilling...... ) toto remove, HST, Seller reme agrees to certify on or before may be lawfullyinsurance continued. save and Ifexcept within against that time risk any of firevalid (Title objection Insurance) to title in orfavour to any of outstandingthe Buyer and work any order mortgagee, or deficiency (with all noticrelatede, or costots the at thefact expense the said of the presentSeller), use may and not which lawfully Buyer be willcontinued, not waive,This is made thissets Agreement in out writing the notwithstandingto time Seller andframe which any for Sellerintermediate the is Buyersunable acts or or lawyerunwilling negotiations to remove, do in respectthe reme necessary of such objections, searches shall be of title on the property insuranceat an save end and exceptall monies against paid riskshall of be fire returned (Title Insurance) without interest in favour or deduction of the Buyer and andSeller, any Listing mortgagee, Brokerage (with and all Co-operatingrelated costs at Br theokerage expense shall of not the be Seller),liable and for which any costs Buyer or will damages. not waive, Saveto this as ensure Agreementto any valid the notwithstanding objection Buyer sois receivingmade any byintermediate such free day and andacts except orclear negotiations for title. any objection in respect going of suc to hthe objections, root of the shall title, be Buyer at anshall end be and conclusively all monies deemed paid shall to have be *This returnedaccepted date without Seller’s is typicallyinterest title to theor deduction Property.1-2 weeks Sellerand Seller,prior hereby Listingto consents closing Brokerage to the municipality and Co-operating or other Br governmentalokerage shall agencies not be liablereleasing for any to Buyercosts ordetails damages. of all outstandingSave as to anywork valid orders objection and deficiency so made noticesby such affecting day and the except Property, for any and objection Seller agrees going to to ex ecutethe root and of deliver terms,the title, suchconditions Buyer shallfurther be authorizations conclusively deemedin this regard to have as acceptedBuyer may Seller’s reasonably title to require. the Property. Seller hereby consents to the municipality or other governmental agencies 11. releasing to Buyer details of all outstanding work orders and deficiency notices affecting the Property, and Seller agrees to execute and deliver such TITLE:further Buyer authorizations agrees to accept in this title regard to the as 11. Property Buyer TITLE may subject reasonably to all rights require. and easements registered against title for the supply and installation of telecommunication services, electricity, gas, sewers, water, television cable facilities and other related services; provided that title to the Property is 11.otherwise TITLE: good Buyer and agrees free from to accept all encumbrances title toThis the section Property except: (a) subject also as hereinties to all into expressly rights point and provided; easements#8 above. (b) registeredany It registered provides against restrictions, that title for the thecondit Buyer supplyions andoris covenantsentitled dy installation or satisfy that to ofor free obtain and clear title but must run withtelecommunication the land provided services, such have electricity, been complied gas, sewers, with; (c) water, the provisions television of cable the Condominium facilities and Actother and related its Regulations services; providedand the that title to the Property is and provisionsotherwise of thegood Declaration, and free from Description all encumbrancesaccept and By-laws, title except: subjectOccupancy (a) asto hereinStandards any expresslyeasements By-laws, provided; including (telephone, (b) the any Common registered gas, Element sewers restrictions, Rules etc), and condit restrictiveotherions Rules or covenants and covenants that and any municipal the Seller and Buyer Regulations;run andwith (d) the any land existing provided municipal such have agreements, been complied zoning with;by-laws (c) and/orthe provisions regulations of the and Condominium utilities or service Act and contracts. its Regulations and the agreements, zoning bylaws or utility/service contracts must be assumed by in theconnection Buyer. with the 12. and provisions of the Declaration, Description and By-laws, Occupancy Standards By-laws, including the Common Element Rules and other Rules and CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the Property, Regulations; and (d) any existing municipal agreements, zoning by-laws and/or regulations and utilities or service contracts. and where the transaction will be completed by*Various electronic registrationissues related pursuant to to titlePart III can of the be Land convoluted Registration Reform and it Act is, R.S.O.advised 1990, to Chapterconsult your lawyer L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that 12. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the Property, the exchange ofand closing where funds, the nonregistrabletransaction will documents be completed and otherby electronic items (the registration “Requisite pursuantDeliveries”) to Partand IIIthe of release the Land thereof Registration to Reform Act, R.S.O. 1990, Chapter will (a) not occur L4at theand same the Electronictime as the Registration registration12. Act, of CLOSING the S.O. transfer/deed 1991, Chapter ARRANGEMENTS (and 44,any andother any documents amendments intended thereto, to be the registered Seller and Buyer acknowledge and agree that completion of this transaction)the exchange and of (b) closing be subject funds, to nonregistrable conditions whereby documents the lawyer(s) and other receiving items (the any “Requisite of the Requisite Deliveries”) Deliverie ands willthe releasebe required thereof to holdto same in trust and notwill release (a) not same occur except at the in sameaccordance timeWe asnow with the registrationthelive terms in a of digital ofa documentthe transfer/deed age registrationand this (and sectionagreement any other outlines between documents the how intendedsaid electronic lawyers. to be The registered closingSeller will happen. and Buyer irrevocablycompletion instruct the ofsaid this lawyers transaction) to be andbound (b) bybe the subject document to conditions registration whereby agreement the lawyer(s) which is receiving recommended any of from the tiRequisiteme to time Deliverie by the s will be required to hold terms, conditionsm the Condominium Law Society of Ontario.same Unless in otherwisetrust and notagreed release to by*In same the person lawyers,except insigning such accordance exchange of closing with of Requisitethe terms documents Deliveries of a document shall is the occurregistration common by the agreementdelivery method of betweenthe Requisitehowever the said situations lawyers. The can Seller tarise of the when parties Seller represents and warrants to Buyer that there are no special assessments Deliveries of each party toand the Buyer office irrevocably of the lawyer instruct for the the othersaid lawyersparty or tosuch be otherbound location by the agreeabledocument toregistration both lawyers. agreement which is recommended from time to time by the 13. are not able to sign in person, a notary may be required, speak with your lawyer on your options STATUS CERTIFICATE ANDLaw SocietyMANAGEMENT of Ontario. OF Unless CONDOMINIUM: otherwise agreed to by the lawyers, such exchange of Requisite Deliveries shall occur by the delivery of the Requisite contemplated by the CondominiumDeliveries Corporation, of each party and to there the areoffice no legalof the actions lawyer pending for the byother or againstparty or orsuch contemplated other location by theagreeable Condom toinium both lawyers. Corporation. The Seller consentsSTATUS to a request CERTIFICATE by the Buyer AND or theMANAGEMENT Buyer’s authorized OF representativeCONDOMINIUM: for a Status Certificate fro 13. , Common Element Corporation. Buyer acknowledgescontemplated that the Condominium by the Condominium Corporation Corporation, may have entered and there into are a Management no legal actions Agreement pending for by the or managemen against the or contemplatedSeller and Buyer by the Condominium in connection with the condominium property. Corporation. The Seller consents to a request by the Buyer or the Buyer’s authorized representative for a Status Certificate fro 14. DOCUMENTS AND DISCHARGE:Corporation. Buyer acknowledges that the Condominium Corporation may have entered into a Management Agreement for the managemen BuyerSeller shall represents not call forand the warrants production to Buyer of any that title there deed, are abstract, no special survey assessments or other evidence of title to the Property except such as are in the possessioncondominium or control of Seller. property. Seller agrees to deliver to Buyer, if it is possible without incurring any costs in so doing, copies of all current condominium documentation of the Condominium Corporation, including the Declaration, Description, By-laws 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 ll provide to Buyer a Rules and Regulations and the most14. recent DOCUMENTS financial statements AND DISCHARGE: of the Condominium Corporation. If a discharge of any Charge/Mortgage held by a real estate professionalsexcept Buyer who suchshall are membersasnot are call ofin forCREA the the possessionand production the quality ofor servicesof control any they title of provide. deed,Seller. Used abstract, Seller under license.agrees survey to or deliver other evidenceto Buyer, ofif ittitle is topossible the Property without incurring any costs in so doing, corporation incorporated pursuant to the Trust And Loan Companies Act (Canada), Chartered Bank, Trust Company, Credit Union, Caisse Populaire © 2019, Ontariocopies Real Estate of Associationall current (“OREA”). condominium All rights reserved. documentation This form was ofdeveloped the Condominium by OREA for the useCorporation, and reproduction including by its members the andDeclaration, licensees only. Description,Any other use or By-laws or Insurance Company and which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agrees to reproduction is prohibitedRules andexcept Regulations with prior written and consent the of most OREA. recent Do not alterfinancial when printing statements or reproducing of the the standardCondominium pre-set portion. Corporation. OREA bears no If liabilitya discharge for your use ofof thisany form. Charge/Mortgage held by a accept Seller’s lawyer’s personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same corporation incorporated pursuant to the Trust And Loan Companies Act (Canada), Chartered Bank, Trust Company, Credit Union, Caisse PopulaireFormconvening 101 Revised 2019 16 to be registered, on title within a reasonableperiod of time after completion, provided that on or before completion Seller sha m the Condominium © TRILLIUMWESTor 2019Insurance | PLAIN Company LANGUAGE and FORM which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agreesWEBForms to ® Dec/2018 mortgage statement prepared by the mortgagee setting out the balance required to obtain the discharge, and, where a real-time electronic cleared accept Seller’s lawyer’s personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same funds transfer system is not being used, a direction executed by Seller directing payment to the mortgagee of the amount required to obtain the to be registered, on title within a reasonableperiod of time after completion, provided that on or beforet of completion the Seller sha change in the assets or discharge out of the balance due on completion. mortgage statement prepared by the mortgagee setting out the balance required to obtain the discharge, and, where a real-time electronic cleared 15. monies paid by Buyer MEETINGS: Seller represents and warrants to Buyerfunds that transferat the time system of the is acceptancenot being used, of this a Offerdirection the Sellerexecuted has bynot Seller received directing a notice payment to the mortgagee of the amount required to obtain the a special or general meeting of the Condominium Corporationdischarge respecting;out of the balance (a) the termination due on completion. of the government of the condominium property;, Common (b) Element any substantial alteration in or substantial addition to the common elements or the renovation thereof; OR (c) any substantial liabilities of the Condominium Corporation; and Seller15. covenantsMEETINGS: that Sellerif Seller represents receives anyand suchwarrants notice to prior Buyer to thatthe dateat the of time completion of the acceptance Seller shall of this Offer the Seller has not received a notice forthwith notify Buyer in writing and Buyer may thereupona atspecial Buyer’s or optiongeneral declare meeting this of Agreement the Condominium to be null Corporation and void and respecting; all (a) the termination of the government of the condominium property; (b) shall be refunded without interest or deduction. any substantial alteration in or substantial addition to the common elements or the renovation thereof; OR (c) any substantial liabilities of the Condominium Corporation; and Seller covenants that if Seller receives any such notice prior to the date of completion Seller shall ll provide to Buyer a forthwith notify Buyer in writing and Buyer may thereupon at Buyer’s option declare this Agreement to be null and void and all 3 of 6 shall be refunded without interest or deduction. INITIALS OF BUYER(S): INITIALS OF SELLER(S): ® Dec/2018 Form 101 Revised 2019 Page The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by WEBForms The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the © 2019,quality Ontario of servicesReal Estate they Association provide. Used (“OREA”). under license.All rightsINITIALS reserved. ThisOF form BUYER(S): was developed by OREA for the use and reproduc tion INITIALS OF SELLER(S): 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. The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are ownedconvening or controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionalschange who are inmembers the assets of CREA or 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 withmonies prior written paid consent by Buyerof OREA. Do not alter when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form.

Form 101 Revised 2019 Page

WEBForms 3 of 6 ® Dec/2018 9. HST: If the sale of the Property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be to HST, Seller agrees to certify on or before

...... the Purchase Price. If the sale of the Property is not subject

closing, that(included the sale in/in of addition the Property to) is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price. 10. 9. HST: If the sale of the Property (Real Property as described TITLE above) SEARCH: is subject to Harmonized Sales Tax (HST), then such tax shall be to examine the title to the Property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date ...... the Purchase Price. If the sale ofBuyer the Property shall be isallowed not subject until 6:00 p.m. on the ...... day of ...... , 20...... , (Requisition Date) (included in/in addition to) on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that there are no closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price. Buyer shall be allowed until 6:00 p.m.outstanding on the ...... work orders day ofor ...... ,deficiency notices affecting the Property, 20 and...... , thatdy (Requisition itsor satisfypresent or Date)use obtain (...... ) 10. TITLE SEARCH: may be lawfully continued. If within that time any valid objection to title or to any outstanding work order or deficiency notice, or to the fact the said to examine the title to the Property at Buyer’s own expensepresent anduse mayuntil notthe lawfullyearlier of: be (i) continued, thirty days is frommade the in writinglater of tothe Seller Requisition and which Date Seller or the is dateunable or unwilling toto remove, HST, Seller reme agrees to certify on or before on which the conditions in this Agreement are fulfilledinsurance or otherwise save and waived except or;against (ii) five risk daysof fire prior (Title to Insurance)completion, in tofavour satisfy of theBuyer thatBuyer there and areany nomortgagee, (with all related costs at the expense of the Seller), and which Buyer will not waive, this Agreement notwithstanding any intermediate acts or negotiations in respect of such objections, shall be outstanding work orders or deficiency notices affectingat an end the and Property, all monies and paid that shallits present be returned use (...... without interest or deduction...... ) and Seller, Listing Brokerage and Co-operating Brokerage shall not be may be lawfully continued. If within that time anyliable valid for objection any costs toor title damages. or to any Save outstanding as to any workvalid orderobjection or deficiency so made by notic suche, orday to andthe factexcept the forsaid any objection going to the root of the title, Buyer present use may not lawfully be continued, is shallmade be in conclusivelywriting to Seller deemed and towhich have Selleraccepted is unable Seller’s or titleunwilling to the Property.to remove, Seller reme hereby consents to the municipality or other governmental agencies insurance save and except against risk of firereleasing (Title Insurance) to Buyer detailsin favour of allof theoutstanding Buyer and work any orders mortgagee, and deficiency (with all relatednotices cosaffectingts at the the expense Property, of theand Seller agrees to execute and deliver such Seller), and which Buyer will not waive, thisfurther Agreement authorizations notwithstanding in this regard any intermediate as Buyer may acts reasonably or negotiations require. in respect of such objections, shall be at an end and all monies paid shall 11.be returned without interest or deduction and Seller, Listing Brokerage and Co-operating Brokerage shall not be TITLE: Buyer agrees to accept title to the Property subject to all rights and easements registered against title for the supply and installation of liable for any costs or damages. Save as to any valid objection so made by such day and except for any objection going to the root of terms,the title, conditions Buyer shall be conclusively deemed to have acceptedtelecommunication Seller’s title services, to the Property. electricity, Seller gas, herebysewers, consents water, television to the municipality cable facilities or oth ander othergovernmental related services; agencies provided that title to the Property is releasing to Buyer details of all outstandingotherwise work good orders and and free deficiency from all encumbrances notices affecting except: the (a)Property, as herein and expressly Seller agrees provided; to ex ecute(b) any and registered deliver suchrestrictions, conditions or covenantsdy or satisfy that or obtain run with the land provided such have been complied with; (c) the provisions of the Condominium Act and its Regulations and the further authorizations in this regard as Buyer may reasonably require. and provisions of the Declaration, Description and By-laws, Occupancy Standards By-laws, including the Common Element Rules and other Rules and 11. TITLE: Buyer agrees to accept titleRegulations; to the Property and (d) subject any existing to all rights municipal and easements agreements, registered zoning by-laws against and/or title for regulations the supply andand iutilitiesnstallation or service of contracts. telecommunication services,12. electricity, gas, sewers, water, television cable facilities and other related services; provided that title to the Property is CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the Property, otherwise good and free from all encumbrances except: (a) as herein expressly provided; (b) any registered restrictions, conditions or covenants that and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration the Seller Reform and Buyer Act, R.S.O. 1990, Chapter run with the land provided such have been complied with; (c) the provisions of the Condominium Act and its Regulations and the L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that and provisions of the Declaration, Description and By-laws, Occupancy Standards By-laws, including the Common Element Rules and in connection other Rules with and the the exchange of closing funds, nonregistrable documents and other items (the “Requisite Deliveries”) and the release thereof to Regulations; and (d) any existing municipal agreements, zoning by-laws and/or regulations and utilities or service contracts. will (a) not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold 12. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the Property, and where the transactionsame will in betrust completed and not release by electronic same except registration in accordance pursuant withto Part the IIIterms of the of Landa document Registration registration Reform agreement Act, R.S.O. between 1990, theChapter said la wyers. The Seller and Buyer irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the L4 and the Electronic Registration Act, S.O. 1991, Chapter13. 44, STATUS and any amendments CERTIFICATE thereto, the Seller AND and BuyerMANAGEMENT acknowledge and agree OF that CONDOMINIUM terms, conditions the exchange of closingLaw Societyfunds, nonregistrable of Ontario. Unless documents otherwise and agreed other itemsto by (thethe lawyers,“Requisite such Deliveries”) exchange and of Requisitethe release Deliveries thereof shallto occur by the delivery of the Requisite will (a) not occur atDeliveries the same of time each as partythe registration to the office of theofThe the transfer/deed lawyer Status for Certificate the (and other any party other setsor documentssuch out other the locationintended current agreeableto be status registered to bothof the lawyers. condominium corporation. It will include items such completion 13.of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold STATUS CERTIFICATE AND MANAGEMENT OF CONDOMINIUM: m the Condominium same in trust and not release same except in accordanceas with financial the terms statements,of a document registrationbudgets, agreementreserve fundbetween studies, the said the lawyers. condo The Sellerdeclarationt of the and the condo bylaws/rules and contemplated by the Condominium Corporation, and there areSeller no legal represents actions pendingand warrants by or to against Buyer orthat contemplated there are no by special the Condom assessmentsinium and Buyer irrevocablyCorporation. instruct The the Seller said consents lawyers to to a be request bound by by the the Buyer document or the Buyer’sregistration authorized agreement representative which is recommended for a Status Certificate from time fro to time by the Law Society of Ontario. Unless otherwise agreed to byregulations. the lawyers, such This exchange section of Requisite authorizes Deliveries the shall Buyer occur to by orderthe del iverya Status of the Requisitecertificate and also provides warranties by Corporation. Buyer acknowledges that the Condominium Corporation may have entered into a Management Agreement for the managemen the Seller and Buyer Deliveries ofcondominium each party toproperty. the office of the lawyer forthe the Sellerother party that or suchthere other are location no special agreeable assessments to both lawyers. or legal actions against in connectionthe condominium. with the 14. DOCUMENTS AND DISCHARGE: 13. STATUS CERTIFICATE AND MANAGEMENT OF CONDOMINIUM: *It is advised to make anySeller offer represents conditional and warrants onto Buyera lawyer that there reviewing, areCommon no special Elementthe assessments status certificate and the condo contemplatedexcept bysuch the as Condominium are in the possession Corporation, or control and of there Seller. are Seller no legal agrees actions to deliver pending to Buyer, by or if against it is possible or contemplated without incurri byng the any Condom costs ininium so doing, Corporation.copies ofThe all Seller current consents condominium to a request documentation by therules Buyer of the andor Condominiumthe regulations Buyer’s authorized Corporation, representative including the for Declaration,a Status Certificate Description, fro By-laws Corporation.Rules and Buyer Regulations acknowledges and the mostthat therecent Condominium financial statements Corporation of the may Condominium have entered Corporation.into a Management If a discharge Agreement of any for Charge/Mort the managemengage held by a Buyer Buyer shall shallnot call not forcall the for production the production of any of anytitle deed,title deed, abstract, abstract, survey survey or other or other evidence evidence of title of titleto the to theProperty Property condominiumcorporation property. incorporated pursuant to the Trust And Loan Companies Act (Canada), Chartered Bank, Trust Company, Credit Union, Caisse Populaire or Insurance Company and which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agrees to ll provide to Buyer a 14. DOCUMENTSaccept Seller’s lawyer’sAND DISCHARGE: personal undertaking to obtain,14. DOCUMENTS out of the closing funds, ANDa discharge DISCHARGE in registrable form and to register same, or cause same except such as are in the possession or control of Seller. Seller agrees to deliver to Buyer, if it is possible without incurring any costs in so doing, to be registered, on title within a reasonableperiod of time after completion, provided that on or before completion Seller sha m the Condominium copies of all current condominium documentation of the Condominium Corporation, including the Declaration, Description, By-laws mortgage statement prepared by the mortgagee settingThis out section the balance calls required for the to Sellerobtain the to discharge, deliver any and, documents where a real-time they electronic have incleared their possession but the Buyer cannot call Rules and Regulations and the most recent financial statements of the Condominium Corporation. If a discharge of any Charge/Mortgage held by a funds transfer system is not being used, a direction executed by Seller directing payment to the mortgagee of the amount required to obtain the corporation incorporated pursuant to the Trust Andfor Loanthe CompaniesSeller to produceAct (Canada), anything Chartered they Bank, don’t Trust have.Company, It also Credit details Union, the Caisse discharging Populaireconveningt of the of mortgages on completion. discharge out of the balance due on completion. or Insurance Company and which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agrees to 15. MEETINGS:accept Seller Seller’s represents lawyer’s and personal warrants undertaking to Buyer that to*Often obtain,at the time outtimes of the we acceptanceclosing may funds, see of thethisa discharge Offer Buyer the in Sellercall registrable forhas notthe form received Seller and ato to noticeregis provideter same, an or existingcause same survey of the property in their change in the assets or a special toor be general registered, meeting on oftitle the within Condominium a reasonableperiod Corporationpossession of respecting; time after (a)completion, the termination provided of the that government on or before of thecompletion condominiu Sellerm property; sha , Common (b) Element any substantialmortgage alteration statement in or substantialprepared by addition the mortgagee to the common setting elements out the balance or the renovation required tothereof; obtain OR the (c) discharge, any substantial and, where a real-time electronic cleared monies paid by Buyer liabilities of fundsthe Condominium transfer system Corporation; is not being and used, Seller a covenantsdirection executed that if Seller by receivesSeller directing any such payment notice priorto the to mortgagee the date of ofcompletion the amount Seller requir shalled to obtain the forthwith notifydischarge Buyer in outwriting of the and balance Buyer maydue onthereupon completion. at Buyer’s option declare this Agreement to be null and void and all shall be refunded without interest or deduction. 15. MEETINGS MEETINGS: Seller represents and warrants to Buyer that at the time of the acceptance of this Offer the Seller has not received a notice 15. ll provide to Buyer a a special or general meeting of the CondominiumThe Seller Corporation must respecting;advise any (a) Buyer the termination if the Sellerof the government has received of the noticecondominiu of am meetingproperty; (b) that a) the status of the condo any substantial alteration in or substantial addition to the common elements or the renovation thereof; OR (c) any substantial

The trademarks REALTOR®,liabilities REALTORS®, of MLS®,the Condominium Multiple Listing Services® Corporation; and associatedwill and not logosSeller continue are covenants owned or controlled b) that that if by Seller no majorreceives renovations any such notice are prior planned to the date c) of any completion major Sellerchanges shall to finances of the condo. If The Canadian Real Estate Associationforthwith (CREA) notify and Buyer identify in the writing real estate and professionals Buyer may who arethereupon members of at CREA Buyer’s and the option declare this Agreement to be null and void and all 3 of 6 © 2019,quality Ontario of servicesReal Estate they Association provide. Used (“OREA”). under license.All rightsINITIALS reserved. ThisOF form BUYER(S): was developedany by occur OREA for before the use and reproducclosing tion the Buyer INITIALS must OF be SELLER(S): informed and will have the option to terminate the agreement. by its members and licensees only. Anyshall other be use refundedor reproduction without is prohibited interest except or withdeduction.INITIALS prior written OF consent BUYER(S): of OREA. Do no t alter INITIALS OF SELLER(S): when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. ® Dec/2018 Form 101convening Revised WEBForms2019 Page *Sellers should be diligent to watch for any mail changeor correspondence in the assets or from the condo board so they can 16. INSPECTION: comply with this clause The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by monies paid by Buyer beThe a Canadianbinding Realagreement Estate Association of purchase (CREA) and identify sale between the real estate Buyer professionals and Seller. who are members of CREA and the Buyer acknowledges having had the opportunity to inspect the Property and understands that uponshall acceptance of this offer there requirementquality of services for they a provide. property Used under inspection license. report in this Agreement and agrees that except as may be specifically provided for in ©this 2019, Agreement, Ontario Real Estate the Association Buyer (“OREA”). will not All rightsbe obtainingreserved. This forma property was developed inspection by OREA for theor use property and reproduc inspectiontion report regarding the Property. by its members and licensees only. Any other use or reproduction16. INSPECTION is prohibited except with prior written consent of OREA. Do not alter 17. when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. APPROVAL OF THE AGREEMENT: In theThis event paragraph that consent tomakes this sale it is known required tothat be giventhe byBuyer the Condominium has the opportunity Corporation or theto Boardcomplete of a home inspection and if Directors, the Seller will apply forthwith for the requisite consent, and if such consent is refused, then this Agreement shall deposit monies paid hereunder shall be refunded without interest or other penalty to the Buyer.Form 101 Revised 2019 Page they chose not to; they doThe so Buyer at their acknowledges own risk. having the opportunity to include a 18. INSURANCE: * An Inspection clause is typically inserted into the Schedule A of the agreement damage to the Property Buyer may at Buyer’s option either permit the proceeds of insurance to be used for repair of such damage The Unit and all other things being purchased shall be and remain at the risk of the Seller untilWEBForms be completion. null and void In3 and theof eventthe of substantial with the provisions of the Insurance Trust Agreement, or terminate this Agreement and all deposit monies paid by Buyer hereunder shall6 be refunded ® Dec/2018 without interest or deduction. If Seller is taking back a Charge/Mortgage,The Buyer acknowledges or Buyer is assuming having a theCharge/Mortgage, opportunity to Buyer include shall a in accordance reasonable evidence of adequate insurance to protect17. Seller’sAPPROVAL or other mortgagee’s OF THE interest AGREEMENT on completion. shall 19. DOCUMENT PREPARATION: The Transfer/DeedSome shall, save condos for the require Land Transfer consent Tax Affidavit, from thebe prepared Board in of registrable Directors formsupply for at Sellerthe the expense withapproval of of the sale. This section outlines Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer.

20. that the Seller must apply immediately and if the consent is be not null received and void and then the the transaction is null and void. RESIDENCY: Buyer acknowledges having had the opportunity to inspect the Property and understands that upon acceptance of this offer there non-residency provisions(a) Subject of to the (b) Income below, Tax the ActSeller which represents *Arepresentation common and warrants and example warranty that the Seller shallof this surviveis not would and and on not becompletion merge an adult upon will the notlifestyle completio be a non-residen communityn of this ttransaction under thethat restricts the age of the owners and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a INSPECTION: non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the amount, if any, 16. be a binding agreement of purchase and sale between Buyer and Seller. necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the non-residency in accordance requirement for a property inspection report in this Agreement and agrees that except as may be specifically provided for in provisions of the Income Tax Act by reason of this sale. Buyer18. shallINSURANCE not claim such credit if Seller delivers on completion the prescribed certificate. this Agreement, the Buyer will not be obtaining a property inspection or property inspection report regarding the Property.supply Seller with 21. ADJUSTMENTS: Common Expenses; realty taxes, including local improvement rates; mortgage interest; rentals; unmetered public or private utilities APPROVAL OF THE AGREEMENT: In the event that consentDon’t to this cancel sale is requiredthat insurance to be given byjust the yet!Condominium This section Corporation states or the that Board the of Seller is required to insure the property up and fuel where billed to the Unit and not the Condominium Corporation; are to be apportioned and allowed to the day of completion, the day of 17. Directors, the Seller will apply forthwith for the requisite consent, and if such consent is refused, then this Agreement shall The Unit and all other things being purchased shall be and remain at the risk of the Seller until completion. In the event of substantial completiondeposit itself monies to be paid apportioned hereunder to shall the Buyer.be refunded There withoutshall beuntil interest no adjustment closing or other penaltyforat thewhich Seller’sto the point Buyer. share theof any Buyers assets or insurance liabilit takes effect. If there is fire prior to closing the Buyer has Corporation including any reserve or contingency fund to whichthe Seller option may have not contributedto buy or prior they to thecan date take of completion. the insurance money with the property as is. 22. INSURANCE: PROPERTY18. ASSESSMENT: damage to the Property The Buyer Buyer and may Seller at Buyer’s hereby option acknowledge either permit that the the proceeds Province of of insurance Ontario has to be implemented used for repair current of such value damage assessment ies of the Condominium and propertieswith may the be provisions re-assessed of theon anInsurance annual Trust basis. Agreement, The Buyer*Insurance or and terminate Seller agreethis clauses Agreement that no canclaim and be allwill deposit insertedbe made monies against into paid theSchedule by BuyerBuyer ohereunder Seller, A as ror shallwell. any be Yourrefunded home inspector can inform you if there Brokerage, Brokerwithout or Salesperson, interest or deduction. for any changes If Seller inis takingproperty back tax a as Charge/Mortgage, a result of a re-assessment or Buyer isof assuming the Property, a Charge/Mortgage, save and exce Buyer shall that accrued prior reasonableto the completion evidence of ofthis adequate transaction. insurance to protectare Seller’sany potential or other mortgagee’s insurance interest red on completion.flags. 23. TIME LIMITS: DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense ptof any property taxes 19. (a) Subject to (b) below, the Seller represents and warrants that the Seller is not and on completion will not be a non-resident under the extended or abridgedTime shall bySeller, an in agreementall and respects any in Charge/Mortgagebe writing of the signedessence by hereof to Seller be providedgiven and 19. Buyerback that DOCUMENT byor the bythe time theirBuyer for respective todoing Seller or lawyersat completingPREPARATION the expense who ofmay anyof thebe matter specificallBuyer. providedy authorized for herein in may that beregard. 24. TENDER: RESIDENCY: 20. ies of the Condominium letion. Money shallAny be tenderedtender of withdocumentsnon-residency funds drawn or money provisionson ahereunder lawyer’s of the trustmay Income accountbe madeTax ThisActin upon the which section form Seller representation of ora provides bankBuyer draft, or and their thatcertified warranty respective the chequeshall Buyer lawyers survive or willwire andon transthebe not day responsiblemerge set uponfor comp the forcompletio payingn of thisfor transaction the preparation of their own Mortgage Value Transfer System. and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a non-resident under the non-residency provisionsand Land of the TransferIncome Tax TaxAct, theAffidavit Buyer shall beand credited the towardsSeller the will Purchase be responsible Price with the foramount, the if any,Deed of Transfer. 25. fer using the Large FAMILY LAW ACT: Seller warrantsnecessary that spousal for Buyer consent to pay is notto the necessary Minister toof thisNational transaction Revenue under to satisfy the provisions Buyer’s liability of the inFamily respect Law of Act,tax payable R.S.O. 1by990 Seller under the non-residency unless the spouse of the Seller has executedprovisions the of consent the Income hereinafter Tax Act provided.by reason*If you of this are sale. first Buyer timeshall not Buyer claim such you credit may if Seller be eligibledelivers on for completion a land the transfer prescribed taxcertificate. rebate, consult your lawyer. pt any property taxes 26. UFFI: Seller represents and warrants to BuyerADJUSTMENTS: that during theCommon time Seller Expenses; has owned realty taxes,the Property, including Seller local has improvement not caused rates; any mortgagebuilding interest; rentals; unmetered public or private utilities 21. and fuel where billed to the Unit and not the Condominium Corporation; are to be apportioned and allowed to the day of completion, the day of to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the Property contains or has on the Property ever contained insulation that contains ureaformaldehyde.completion itself This to warrantybe apportioned shall survive to the Buyer.and not There merge shall on be the no completion adjustment of for this the t ransaction,Seller’s share and of ifany the assets or liabilit building is part of a multiple unit building, this warrantyCorporation shall including only apply any reserveto that partor contingency of the building fund whichto which is theSeller subject may haveof this contributed transaction. prior to the date of completion. 27. LEGAL, ACCOUNTING AND ENVIRONMENTALPROPERTY ADVICE: ASSESSMENT: The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment 22. legal, tax or environmental advice. and properties may be re-assessed on an annual basis. The Buyer and Seller agree that nofer claim using will the be Largeletion. made against the Buyer or Seller, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the Property, save and exce 28. ® ® ® ® CONSUMER REPORTS: The Buyer is herebyThe trademarks notifiedthat REALTOR accrued that , REALTORS aprior consumerTime to the shall, MLS completion inreport, Multipleall respects Listingcontainingof this be Services transaction. of the and essencecredit associated hereofand/or logos providedare ownedpersonal or that controlled the information time by Thefor Canadiandoing or Real completing Estate Association of any (CREA) matter and provided identify the for herein may be may be referred to in connection with thisreal estate transaction. professionals who are members of CREA and the quality of services they provide. Used under license. © 2019, OntarioTIME Real Estate LIMITS: 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 29. 23. AGREEMENT IN WRITING: reproduction is prohibitedextended except Theor withabridgedAny parties prior tender written acknowledgeby anof consent documentsagreement of OREA. that inor Do any writingmoney not information alter signed hereunder when printing by providedSeller may or reproducing andbe bymadeBuyer the the uponor brokeragestandard by theirSeller pre-set respective oris portion.notBuyer OREA lawyersor their bears whorespective no liabilitymay befor lawyers yourspecificall use ofon thisy the authorized form. day set forin that comp regard. hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set prov TENDER: on the Property Form 101 Revised 2019 17 conflict or discrepancy. This Agreement including any© TRILLIUM Schedule24.WEST attached 2019 | hereto,PLAIN LANGUAGEshall constitute FORM the entire Agreement between Buyer and Seller. There WEBForms® Dec/2018 If there is conflict or discrepancyMoney between shall any be tenderedprovision with added funds to drawn this on Agreement a lawyer’s (including trust account any in Schedulethe form attached of a bank draft, certified cheque or wire trans is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the purposes of this ision to the extent of such Value Transfer System. Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context. The parties acknowledge that any information provided by the brokerage is not 30. FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the Family Law Act, R.S.O. 1990 TIME AND DATE: Any reference to a time and date in this Agreement25. shall mean the time and date where the Property is located. unless the spouse of the Seller has executed the consent hereinafter provided.

UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the Property, Seller has not caused any building 26. to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the Property contains or has ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge on the completion of this transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction. The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by ision to the extent of such The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA andLEGAL, the ACCOUNTING AND ENVIRONMENTAL ADVICE: quality of services they provide. Used under license. 27. © 2019, Ontario Real Estate Association (“OREA”). All rightsINITIALS reserved. ThisOF form BUYER(S): was developed by OREA for the use and reproduc legal, tion tax or environmental INITIALS advice. OF SELLER(S): 6 by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached 4 of when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. CONSUMER REPORTS: The Buyer is hereby notified that a consumer report containing credit and/or personal information Dec/2018 28. may be referred to in connection with this transaction. ® WEBForms AGREEMENT IN WRITING: 29. hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set prov Form 101 Revised 2019 Page conflict or discrepancy. This Agreement including any Schedule attached hereto, shall constitute the entire Agreement between Buyer and Seller. There is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the purposes of this Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context. INITIALS OF BUYER(S): INITIALS OF SELLER(S): TIME AND DATE: Any reference to a time and date in this Agreement shall mean the time and date where the Property is located. 30. Form 101 Revised 2019 Page

WEBForms 4 of 6 ® Dec/2018 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.

be null and void and the

The Buyer acknowledges having the opportunity to include a in accordance

supply Seller with

Buyer acknowledges having had the opportunity to inspect the Property and understands that upon acceptance of this offer there

INSPECTION: 16. be a binding agreement of purchase and sale between Buyer and Seller. requirement for a property inspection report in this Agreement and agrees that except as may be specifically provided for in this Agreement, the Buyer will not be obtaining a property inspection or property inspection report regarding the Property. 16. INSPECTION: APPROVAL OF THE AGREEMENT: In the eventBuyer that consent acknowledges to this sale having is required had theto be opportunity given by the to Condominiuminspect the Property Corporation and understandsor the Board thatof upon acceptance of this offer there be a binding agreement of purchase and sale between Buyer and Seller. 17. Directors, the Seller will apply forthwith for the requisite consent, and if such consent is refused, then this Agreement shall The Unit andrequirement all other things forbeing a purchasedproperty shall inspection be and remain report at thein riskthis of Agreement the Seller until andcompletion. agrees In thethat event except of substantial as may be specifically provided for in deposit monies paid hereunder shall be refunded without interest or other penalty to the Buyer. this Agreement, the Buyer will not be obtaining a property inspection or property inspection report regarding the Property. INSURANCE: The Buyer acknowledges having the opportunity to include a 18. 17. damage to the Property BuyerAPPROVAL may at Buyer’s OF THE option AGREEMENT: either permit theIn theproceeds event ofthat insurance consent toto bethis used sale for is repairrequired of suchto be damage given by the Condominiumies of the CorporationCondominium or the Board of with the provisions of theDirectors, Insurance the Trust Seller Agreement, will apply or terminateforthwith thisfor theAgreement requisite and consent, all deposit and monies if such paidconsent by Buyer is refused, hereunde thenr shallthis Agreementbe refunded shall shall without interest or deduction.deposit Ifmonies Seller is paid taking hereunder back a Charge/Mortgage, shall be refunded orwithout Buyer interestis assuming or other a Charge/Mortgage, penalty to the Buyer. Buyer shall reasonable evidence of adequate insurance to protect Seller’s20. orRESIDENCY other mortgagee’s interest on completion. 18. INSURANCE: The Unit and all other things being purchased shall be and remain at the risk of the Seller until completion. In the event of substantial DOCUMENT PREPARATION:damage to the TheProperty Transfer/Deed Buyer may shall,This at Buyer’ssave section for optionthe Landensures either Transfer permit the Tax Sellerthe Affidavit, proceeds is abe Resident ofprepared insurance in ofregistrable to Canada.be used form for Ifrepairat thenot expenseof a suchresident; ptdamageof any property that they taxes have paid the appropriate 19. (a) Subject to (b) below, the Seller represents and warrants that the Seller is not and on completion will not be a non-resident under the Seller, and any withCharge/Mortgage the provisions to of be the given Insurance back by Trust the Agreement,Buyer to Seller or at terminate the expense this ofAgreement the Buyer. and all deposit monies paid by Buyer hereunde be nullr shall and be void refunded and the RESIDENCY:without interest or deduction. If Sellertaxes is taking due back under a Charge/Mortgage, the Income Tax or BuyerAct foris assuming non-residents. a Charge/Mortgage, Buyer shall letion. 20. non-residencyreasonable provisions evidence of the Income of adequate Tax Act which insurance*If yourepresentation toare protect a non-resident and Seller’s warranty or other shall itmortgagee’ssurvive isshall advised and not interest merge that on upon you completion. the consult completio yourn of this accountant transaction on potential tax implications and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a 19. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the amount, if any, fer in using accordance the Large Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer. necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the non-residency 20.provisions RESIDENCY: of the Income Tax Act by reason of21. this ADJUSTMENTS sale. Buyer shall not claim such credit if Seller delivers on completion the prescribed certificate. supply Seller with (a) Subject to (b) below, the Seller represents and warrants that the Seller is not and on completion will not be a non-resident under the ADJUSTMENTS:non-residency provisions Common Expenses;of the Income realtyThis Tax taxes, sectionAct including which statesrepresentation local improvement that thereand rates;warranty can mortgage beshall certain surviveinterest; andrentals;charges not unmeteredmerge on upon closing public the orcompletio thatprivate will utiln ofities be this adjusted transaction against the purchase 21. andand fuelthe whereSeller billedshall deliverto the Unit to the and Buyer not the a statutoryCondominium declaration Corporation; that Seller are to is benot apportioned then a non-resident and allowed of Canada; to the day (b) of provide completidon, that the if daythe Sellerof is a on the Property non-residentcompletion itselfunder to thebe apportionednon-residency to theprovisions Buyer. There of the shall Income be no Tax adjustment Act, the forBuyer the shallSeller’s be share credited of any towards assets theor liabilit Purchase Price with the amount, if any, price. For example prepaid be null and or void outstanding and the taxes or utilities. The Buyer will assume responsibility on the day necessaryCorporation for Buyer including to pay any to reserve the Minister or contingency of National fund Revenueto which Sellerto satisfy may Buyer’s have contributed liability in prior respect to the of datetax payableof completion. by Seller under the non-residency provisions of theThe Income Buyer Tax acknowledges Act by reasonof completion. ofhaving this sale. the Buyer opportunity shall not toclaim include such credita if Seller delivers on completion the prescribed certificate. PROPERTY ASSESSMENT: The Buyer and Seller hereby acknowledge that the in Province accordance of Ontario has implemented current value assessment 22. 21. ADJUSTMENTS:and properties Common may be Expenses;re-assessed realty*Remember on an taxes, annual including basis. to Thenotify local Buyer improvement the and Sellerutility agree rates; companies that mortgage no claim interest; andwill be order maderentals; againstfinal unmetered thereadings. Buyer public or Seller,or private or any util ities and fuel Brokerage,where billed Broker to the or Unit Salesperson, and not thefor anyCondominium changes in propertyCorporation; tax as are a result to be of apportioned a re-assessment and of allowed the Property, to the save day and of completi exce on, the day of Time shall in all respects be of the essence hereof provided thatsupply the time Seller for doingwith or completing of any matter provided for herein may be completionthat itself accrued to be priorapportioned to the completion to the Buyer. of this There transaction. shall be no adjustment for the Seller’s share of any assets or liabilit Corporation TIMEincluding LIMITS: any reserve or contingency fund to which Seller may have contributed prior to the date of completion. 23. extended or abridged by an agreement22. PROPERTY in writing signed by ASSESSMENT Seller and Buyer or by their respective lawyers who may be specifically authorized in that regard. Buyer acknowledges having had the22. opportunity PROPERTY to inspect ASSESSMENT: the PropertyAny and Thetender understands Buyer of documents and Sellerthat uponor hereby money acceptance acknowledgehereunder of this may offer that be theremadethe Province upon Seller of Ontario or Buyer has or theirimplemented respective current lawyers value on the assessment day set for comp and properties mayTENDER: be re-assessed on an Theannual Municipal basis. The Buyer Property and Seller Assessment agree that no Corporation claim will be made (MPAC) against the completes Buyer or Seller, current or any value assessments and taxes INSPECTION: 24. Brokerage, Broker Moneyor Salesperson, shall be tendered for any withchanges funds indrawn property on a taxlawyer’s as a resulttrust account of a re-assessment in the form of of a thebank Property, draft, certified save and cheque exceies or of wire the trans Condominium 16. be a binding agreement of purchase and sale between Buyer and Seller. ision to the extent of such that accrued prior toValue the completion Transfer System. of this maytransaction. be re-evaluated on an annual basis. The Buyer and Seller will not hold the Salesperson responsible for requirement for a property inspection report in this Agreement and agrees that except as may be specifically provided for in The parties acknowledge that any information provided by the brokerage is not this Agreement, the Buyer will not be23. obtaining TIME LIMITS: a property inspectionFAMILY LAWor property ACT: Sellerany inspection warrantschanges thatreport to spousal the regarding taxes.consent isthe not Property. necessary to this transaction under the provisions of the Family Law Act, R.S.O. 1990 Time25. shall in all respects be of the essence hereof provided that the time for doing or completing of any matter provided for herein may be extended or abridged by unlessan agreement the spouse in writingof the Seller signed has by executed Seller and the Buyer consent or byhereinafter their respective provided. lawyers who may be specifically authorized in that regard. APPROVAL OF THE AGREEMENT: In the event that consent to this sale is required to be given by the Condominium Corporation or the Board of 17. *MPAC assessments are completed every four years and phased in over the following four years, this is Directors, the Seller will apply forthwith for24. the requisite consent, and if suchUFFI: consent Seller is representsrefused, then and this warrants Agreement to Buyer shall that during the time Seller has owned the Property, Seller has notpt causedany property any building taxes The Unit and all other thingsTENDER: being purchased shall be and remain at the risk of the Seller until completion. In the event of substantial deposit monies paid hereunder shall be refunded withoutAny interest tender or 26.otherof documents penalty to or the money Buyer. hereunder may be made upon Seller or Buyer or their respective lawyers on the day set for comp Money shall be tendered withto fundsbe insulated drawn with onwhy ainsulation lawyer’s you willcontaining trust often account ureaformaldehyde, see in the tax form assessed of aand bank that valuesdraft, to the certified best typically of Seller’s cheque lagknowledge or behindwire trans no buildingmarket on value.the Property contains or has ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge on the completion of this transaction, and if the INSURANCE: Value Transfer System. 18. building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction. damage to the Property Buyer may at Buyer’s option either permit the proceeds of insurance to be used for repair of such damage ies of the Condominium 25. FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the Family Law Act, R.S.O. 1990 with the provisions of the Insurance Trust Agreement, or terminate this AgreementLEGAL, and ACCOUNTING all deposit monies AND paid ENVIRONMENTAL by Buyer hereunde rADVICE: shall be refunded unless the spouse of the Seller27. has executed the23. consent TIME hereinafter LIMITS provided. without interest or deduction. If Seller is taking back a Charge/Mortgage, legal,or Buyer tax is or assuming environmental a Charge/Mortgage, advice. Buyer shall 6 If there is conflict or discrepancy between any provision added to this letion. Agreement (including any Schedule attached 4 of reasonable evidence of adequate26. insurance to protect Seller’s or other mortgagee’s interestAll deadlines on completion. must be met according to the dates and times here ferin. using the Large UFFI: Seller represents and warrants toCONSUMER Buyer that during REPORTS: the time The Seller Buyer has is owned hereby the notified Property, that Seller a hasconsumer not caused report any containingbuilding credit and/or personal information Dec/2018 DOCUMENT PREPARATION:to The be Transfer/Deed insulated with shall, insulation save for containing the28. Land may Transferureaformaldehyde, be referredTax Affidavit, to andin be connection thatprepared to the in best withregistrable of this Seller’s transaction.form knowledge at the expense no building ptof any property on the Proptaxeserty contains or has ® 19. (a) Subject to (b) below, the Seller represents and warrants that the*Timelines Seller is not andcan on be completion extended will not or be amended a non-residen byt under an theagreement in writing between both parties Seller, and any Charge/Mortgageever tocontained be given insulationback by the that Buyer contains to Seller ureaformaldehyde. at the expense of the This Buyer. warranty shall survive and not merge on the completion of this transaction, and if the WEBForms building is part of a multiple unit building, AGREEMENTthis warranty shall IN WRITING: only apply to that part of the building which is the subject of this transaction. RESIDENCY: 29. hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set prov Form 101 Revised 2019 Page 20. letion. non-residency provisions27. ofLEGAL, the Income ACCOUNTING Tax Act which representationAND ENVIRONMENTAL and warrantyconflict shallor ADVICE: discrepancy. survive and This not mergeAgreement upon including the completio any Schedulen of this transactionattached hereto, shall constitute the entire Agreement between Buyer and Seller. There 24. TENDER on the Property and the Seller shall deliverlegal, to the tax Buyer or environmental a statutory declaration advice. that Seller isis notno representation,then a non-resident warranty, of Canada; collateral (b) agreement provided thator condition, if the Seller which is a affects this Agreement other than as expressed herein. For the purposes of this non-resident under the non-residency provisions of the Income Tax Act, the BuyerAgreement, shall beSeller credited means towards vendor theand Purchase Buyer means Price purchaser. with the amount, This Agreement if any, shallfer using be read the Largewith all changes of gender or number required by the context. 28. Both Seller and Buyer must produce certain documents to demonstrate that they are ready, willing and able necessary for Buyer toCONSUMER pay to the Minister REPORTS: of National The RevenueBuyer tois satisfyhereby Buyer’s notified liability that in respect The a consumerparties of tax acknowledgepayable report byINITIALS Sellercontaining that under any OF informationthe BUYER(S): credit non-residency and/or provided personal by the brokerage information is not INITIALS OF SELLER(S): provisions of the Income Tax Act by reason of this sale. Buyer shall not claimTIME such AND credit DATE: if Seller Any delivers reference on completion to a time and the dateprescribed in this Agreementcertificate. shall mean the time and date where the Property is located. may be referred to in connection with 30.thisto transaction. close the transaction. ADJUSTMENTS:29. AGREEMENT Common Expenses; IN WRITING: realty taxes, including local improvement rates; mortgage interest; rentals; unmetered public or private utilities 21. and fuel where billed to the Unit and not the Condominium Corporation;*For are exampleto be apportioned the Sellersand allowed must to the produce day of completi theon, Transfer/Deed the day of and keys and the Buyers generally need to hereto) and any provision in the Ifstandard there is conflictpre-set portion or discrepancy hereof, the addedbetween provision any provision shall supersede added theto standard this Agreement pre-set prov (including on any the ScheduleProperty attached completion itselfconflict to be orapportioned discrepancy. to theThis Buyer. Agreement There shallincluding be no anyadjustmentproduce Schedule for theattached the Seller’smoney hereto, share shall of any constitute assets orthe liabilit entire Agreement between Buyer and Seller. There Corporationis including no representation, any reserve warranty, or contingency collateral fund agreement to which Seller or condition, may have which contributed affects prior this Agreementto the date ofother completion. than as expressed herein. For the purposes of this The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by PROPERTYAgreement, ASSESSMENT: Seller means The Buyer vendor and and Seller Buyer hereby means acknowledge purchaser. thatThisThe Canadian theAgreement Province Real Estate shallof OntarioAssociation be read has (CREA) with implemented and all identify changes the current real of estate gender value professionals orassessment number who are req membersuired ofby CREA the and context. the quality of services they provide. Used under license. 22. and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any 30. TIME AND DATE: Any reference to a time and date in this Agreement shall mean the time and date where the Property is located. Brokerage, Broker or Salesperson, for any changes in property25. tax as ©FAMILY 2019,a result Ontario of a Real re-assessmentLAW Estate Association ACT of the(“OREA”). Property, All rights save reserved. and Thisexce form was developedision by OREA to the for theextent use and of reproducsuch tion by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter that accrued priorTime to the shall completion in all respects of this be transaction. of the essence hereofThis provided sectionwhen printing that thejust or reproducingtime ensures for doing the standard orthat completing pre-set no portion.spouse of anyOREA matter hasbears noclaimprovided liability forto for your theherein use ofproperty maythis form. be other than the person signing or a spouse TIME LIMITS: 23. that consented on the signature area on page 8 of this document. extended or abridgedAny tender by anof documentsagreement inor writingmoney signed hereunder by Seller may andbe madeBuyer uponor by theirSeller respective or Buyer lawyersor their whorespective may be lawyers specificall ony the authorized day set forin that comp regard. TENDER: INITIALS OF BUYER(S):*If the property is the matrimonial home INITIALS then OF spousal SELLER(S): consent is required on the signing page even if only 24.The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The CanadianMoney Realshall Estate be tenderedAssociation with (CREA) funds and identifydrawn the on real a lawyer’sestate professionals trust account who are in members the form of CREAof a bankand the draft, certified cheque or wire trans quality of services they provide. Used under license. ision to the extent of such © 2019, OntarioValue Real TransferEstate Association System. (“OREA”). All rights reserved. This formone was developed of the by spousesOREA for the useis andregistered reproduction on title by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent Theof OREA. parties Do noacknowledget alter that any information provided by the brokerage is not when printing or reproducingFAMILY theLAW standard ACT: pre-set Seller portion. warrants OREA that bears spousal no liability consent for your is use not of necessarythis form. to this transaction under the provisions of the Family Law Act, R.S.O. 1990 25. unless the spouse of the Seller has executed the consent hereinafter provided. 26. UFFI UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the Property, Seller has not caused any building 26. to be insulated with insulation containing ureaformaldehyde,The Sellers andwarrants that to the that best ofduring Seller’s theknowledge time nothey building have on livedthe Prop aterty the contains property or has they have not used insulation con- ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge Formon the 101 completion Revised of 2019this transaction, Page and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction. taining ureaformaldehyde and to the best of their knowledge there4 ofis none6 on the property. WEBForms LEGAL, ACCOUNTING AND ENVIRONMENTAL ADVICE: ® Dec/2018 27. *Do your own research on UFFI, many studies have since proved that this was not causing the health con- legal, tax or environmental advice. 6 If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached 4 of CONSUMER REPORTS: The Buyercerns is hereby originally notified alleged that a howeverconsumer thereport stigma containing still exists.credit and/or personal information Dec/2018 28. may be referred to in connection with this transaction. ® WEBForms AGREEMENT IN WRITING: 29. hereto) and any provision in the standard27. LEGAL, pre-set portion ACCOUNTING hereof, the added provision AND shall supersede ENVIRONMENTAL the standard pre-set prov Form ADVICE 101 Revised 2019 Page conflict or discrepancy. This Agreement including any Schedule attached hereto, shall constitute the entire Agreement between Buyer and Seller. There is no representation, warranty, collateralAny advice agreement given or condition, by the which Brokerage affects this Agreement or Salesperson other than as is expressed not to herein.be considered For the purposes as of expert this opinion and you are Agreement, Seller means vendoradvised and Buyer to means seek purchaser. independent This Agreement advice shall on be readany withof theseall changes matters. of gender or number required by the context. INITIALS OF BUYER(S): INITIALS OF SELLER(S): TIME AND DATE: Any reference to a time and date in this Agreement shall mean the time and date where the Property is located. 30. *If any of these a factors will influence your decision, it is advised to seek independent advice.

The trademarks® REALTOR®,® ®REALTORS®, MLS®, Multiple® Listing Services® and associated logos are owned or controlled by The trademarks REALTORThe Canadian, REALTORS Real Estate, MLS Association, Multiple (CREA)Listing Servicesand identify and the associated real estate logos professionals are owned who or controlled are members by The of CREA Canadian and Realthe Estate Association (CREA) and identify the real estate professionalsquality who are of membersservices they of CREA provide. and Used the qualityunder license.of services they provide. Used under license.

© 2019, Ontario ©Real 2019, Estate Ontario Association Real Estate (“OREA”). Association All rights (“OREA”). reserved. All Thisrights form reserved. was developed This form bywas OREA developed for the by use OREA and forreproduction the use and by reproduc its memberstion and licensees only. Any other use or by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter reproduction is prohibitedwhen printing except withor reproducing prior written the consent standard of OREA.pre-set portion. Do not OREAalter when bears printing no liability or reproducing for your use the of standard this form. pre-set portion. OREA bears no liability for your use of this form. Form 101 Revised 2019 18 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 16. INSPECTION: be a binding agreementBuyer acknowledges of purchase and having sale had between the opportunity Buyer and toSeller. inspect the Property and understands that upon acceptance of this offer there requirement for a property inspection report in this Agreement and agrees that except as may be specifically provided for in this Agreement, the Buyer will not be obtaining a property inspection or property inspection report regarding the Property. 17. APPROVAL OF THE AGREEMENT: In the event that consent to this sale is required to be given by the Condominium Corporation or the Board of Directors, the Seller will apply forthwith for the requisite consent, and if such consentThe Buyer is refused, acknowledges then this Agreement having shall the opportunity to include a deposit monies paid hereunder shall be refunded without interest or other penalty to the Buyer.

18. INSURANCE: damage to the PropertyThe Unit Buyer and allmay other at Buyer’s things beingoption purchased either permit shall the be proceeds and remain of insurance at the risk to of be the used Seller for untilrepair completion. of such damage In the event of substantial shall with the provisions of the Insurance Trust Agreement, or terminate this Agreement and all deposit monies paid by Buyer hereunder shall be refunded without interest or deduction. If Seller is taking back a Charge/Mortgage, or Buyer is assuming a Charge/Mortgage, Buyer shall reasonable evidence of adequate insurance to protect Seller’s or other mortgagee’s interest on completion.

19. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form be nullat the and expense void and of the Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer.

20. RESIDENCY: non-residency provisions(a) Subject of to the (b) Income below, Taxthe ActSeller which represents representation and warrants and warranty that the Sellershall surviveis not and and on not completion merge upon will the not completio be a non-residenn of this ttransaction under the in accordance and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the amount, if any, supply Seller with necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the non-residency provisions of the Income Tax Act by reason of this sale. Buyer shall not claim such credit if Seller delivers on completion the prescribed certificate. 21. ADJUSTMENTS: Common Expenses; realty taxes, including local improvement rates; mortgage interest; rentals; unmetered public or private utilities and fuel where billed to the Unit and not the Condominium Corporation; are to be apportioned and allowed to the day of completion, the day of completion itself to be apportioned to the Buyer. There shall be no adjustment for the Seller’s share of any assets or liabilit Corporation including any reserve or contingency fund to which Seller may have contributed prior to the date of completion. 22. PROPERTY ASSESSMENT: The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the Property, save and exce that accrued prior to the completion of this transaction.

23. TIME LIMITS: extended or abridgedTime shall by an in agreementall respects inbe writing of the signedessence by hereof Seller provided and Buyer that or the by timetheir for respective doing or lawyers completing who ofmay any be matter specificall providedy authorized iesfor hoferein the in Condominiummay that beregard.

24. TENDER: Money shallAny be tendertendered of withdocuments funds drawnor money on ahereunder lawyer’s trustmay accountbe made in upon the form Seller of ora bankBuyer draft, or their certified respective cheque lawyers or wire on transthe day set for comp Value Transfer System. 25. pt any property taxes FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the Family Law Act, R.S.O. 1990 unless the spouse of the Seller has executed the consent hereinafter provided. 26. UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the Property, Seller has not caused any building to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the Property contains or has ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge on the completion of this transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction.fer using the Largeletion. 27. LEGAL, ACCOUNTING AND ENVIRONMENTAL28. CONSUMER ADVICE: REPORTS legal, tax or environmental advice. This section notifies the Buyer that a personal/credit check maybe obtaining in conjunction with this offer 28. CONSUMER REPORTS: The Buyer is hereby notified that a consumer report containing credit and/or personal information may be referred to in connection with*This this istransaction. typical with financial institutions or potentially with landlords leasing a property The parties acknowledge that any information provided by the brokerage on theis not Property 29. AGREEMENT IN WRITING: hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set prov conflict or discrepancy. This Agreement If there including is conflict29. any orAGREEMENT Schedulediscrepancy attached between hereto, IN any shall WRITING provision constitute addedthe entire to thisAgreement Agreement between (including Buyer and anySeller. Schedule There attached is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the purposes of this Agreement, Seller means vendor and Buyer meansThis purchaser. section This outlines Agreement that shall ifbe there read with is aall discrepancy changes of gender with or anynumber of req theuired standard by the context. preprinted clauses and something 30. TIME AND DATE: Any reference to a time and thatdate in was this insertedAgreement orshall handwritten mean the time andin- datethe whereinserted the Property or hand is located. written clause will supersede the preprinted. (Seal) (Date) *The same applies to anything inserted into the schedules - this would supersede the preprinted portion (Seal) (Date) ision to the extent of such 30. TIME AND DATE The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) andINITIALS identify the real OF estate BUYER(S): professionals who are members of CREA and the INITIALS OF SELLER(S): quality of services they provide. Used under license. Any time or date in this agreement shall be based on the time where the property is physically located. © 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(Buyer) written consent of OREA. Do not alter when printing or reproducing the standard pre-set portion. OREA bears no liability*This for your can use of becomethis form. problematic when Buyer and Seller are not in the province or country with the same (Seal) (Date) time zone-(Buyer) this addresses which time zone will be used. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned are bound by the (Seal)terms herein. (Date) 31. 31. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms herein. SIGNED, SEALED AND DELIVERED in the presence of: 31. IN SUCCESSORS WITNESS whereof I have ANDhereunto setASSIGNS my hand and seal: SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand and seal: ...... (Witness) In the event that one of the parties passesForm away 101 priorRevised to2019 completion Page(Seal) (Date) their heirs or executors are bound by ...... (Seller) (Witness) ...... (Witness) the agreement. 4 of ...... (Seller) WEBForms 6 (Witness) I, the Undersigned Seller, agree to the above offer.*Extra I hereby time irrevocably may be instruct required my lawyer to to close pay directly in order to the brokerage(sfor probate) with towhom ®happen.Dec I have/2018 agreed to pay commission, the unpaid balance of the commission together with applicable Harmonized Sales Tax (and any other taxes as may hereafter be I, the Undersigned Seller, agree to the above offer. I hereby irrevocably instruct my lawyer to payapplicable), directly tofrom the the brokerage(s proceeds of) with the salewhom prior I have to any agreed payment to the undersigned on completion, as advised by the brokerage(s) to my lawyer. to pay commission, the unpaid balance of the commission together(Buyer) with applicable Harmonized Sales Tax (and any other taxes as may hereafter be applicable), from the proceeds of the sale prior to any payment to the undersigned on completion,SIGNED, as advised SEALED by the AND brokerage(s DELIVERED) toin mythe lawyer.presence of: IN WITNESS whereof I have hereunto set my hand and seal: (Signature of Seller or Buyer) (Buyer) SIGNING UNDER(Spouse) SEAL SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand...... and seal: ...... (Witness) (Seal) (Date) Signing under seal means that you are doing ...... this in good faith and you do in fact intend to follow through with ...... (Witness) (Witness) the agreement. You are not under the influence of drugs or alcohol and you are not being coerced. (Seal) (Date) ...... SPOUSAL ...... CONSENT: The undersigned spouse of the Seller hereby consents to the disposition evidenced herein pursuant to the provisions of the Family (Witness) Law Act, R.S.O.1990, and hereby agrees to execute all necessary or incidental documents to give full force and effect to the sale evidenced herein. SPOUSAL CONSENT: The undersigned spouse of the Seller hereby consents to the disposition evidenced herein pursuant to the provisions ofSCHEDULE the Family A INFORMATION ON BROKERAGE(S) (Seller) ...... Law Act, R.S.O.1990, and hereby agrees to execute all necessary or incidental documents to give full force and effect(Witness) to the sale evidenced herein. This section of the Agreement of Purchase and Sale is typically where clauses, representations and warran- ...... (Seller) ...... CONFIRMATION OF ACCEPTANCE: Notwithstanding anything contained herein to the contrary, I confirm this Agreement with all changes both typed (Witness) ties etc. will be inserted to protect(Salesperson/Broker/Broker both the Buyer of Record and Name) Seller. For example conditions on Financing, Home (Seal)and written (Date) was finally accepted by all parties at ...... this ...... day of...... , 20...... CONFIRMATION OF ACCEPTANCE: Notwithstanding anything contained herein to the contrary,Schedule I confirm this AAgreement with all changes both typed (a.m./p.m.) Inspection, the Sale of the Buyers House, Condition of the Seller finding a new suitable home etc. This and written was finally accepted by all parties at ...... this ...... day of...... Agreement...... , of Purchase(Seal) (Date) and 20...... Sale – (Salesperson/Broker/BrokerACKNOWLEDGEMENT ofPurchase Record Name)and Sale and I authorize the Brokerage to forward a copy to my lawyer. (a.m./p.m.)(Spouse) Condominium Resale section can also be used to outline any disclosures by the Seller. Listing Brokerage ...... (Tel.No.) (Buyer) (Date) ...... (Seal) (Date) (Buyer) (Date) Listing Brokerage ...... Co-op/Buyer Brokerage ...... Form 101 (Tel.No.) (Tel.No.) for use in the Province of Ontario ...... INFORMATION ON BROKERAGE(S)...... (Tel. No.) (Fax. No.) ...... Co-op/Buyer Brokerage ...... This Schedule is attached to and forms part of the Agreement of Purchase and Sale between: (Tel.No.)(Signature of Seller or Buyer) I acknowledge receipt of my signed copy of this accepted Agreement of I acknowledge receipt of my signed copy of this accepted Agreement(Tel No.,FAX of No) ...... Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer. (Salesperson/Broker/BrokerBUYER: of...... Record Name) ...... ,...... and ...... I acknowledge receipt of my signed copy of this accepted Agreement of I acknowledgeSELLER: ...... receipt of my signed copy of this accepted Agreement of (Seller) ...... (Date) Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer...... (Salesperson/Broker/Broker of Record Name) (Seller) (Date) for the purchase and sale of ...... Address for Service ...... Address for Service ...... (Seller) (Date) ACKNOWLEDGEMENT ...... (Address) ® Rules pertaining to Commission Trust. 6 ...... dated the ...... day of ...... , 20 ...... of ...... (Tel. No.) (Fax. No.) (Tel. No.) 5 (Seller) (Date) Seller’s Lawyer ...... Buyer’s Lawyer ...... /2018 Address for Service ...... Address Purchase for Service andBuyer Sale ...... agrees and...... I authorizeto pay the the balance Brokerage as follows: to forward a copy to my lawyer. ® Dec Address ...... Address WEBForms ...... Email ...... Email ...... (Tel. No.) (Buyer) (Date) (Name) ® Rules and Regulations of my Real Estate Board shall be receivable and held in trust.Form This agreement101 Revised shall 2019constitute Page Seller’s Lawyer ...... Buyer’s Lawyer ...... (Tel. No.) ® Rules and shall be subject to and governed by the MLS Address ...... Address ...... (Buyer) ...... (Date) Property Manager: ......

Email ...... Email ...... FOR OFFICE USE ONLY COMMISSION TRUST AGREEMENT ...... (Tel...... No.) (Tel. No.) To: Co-operating Brokerage shown on the foregoing Agreement of Purchase and Sale: In consideration for the Co-operating Brokerage procuring the foregoing Agreement of Purchase and Sale, I hereby declare that all moneys received or receivable by me in Property Manager: ...... connection with the Transaction as contemplated in the MLS ...... a Commission Trust Agreement as defined in the MLS (Fax. No.) (Tel. No.) DATED as of the date and time of the acceptance of the foregoing Agreement of Purchase and Sale. Acknowledged by: FOR OFFICE USE ONLY COMMISSION(Name) TRUST AGREEMENT ...... To: Co-operating Brokerage shown on the foregoing Agreement of Purchase and Sale: (Authorized to bind the Listing Brokerage) (Authorized to bind the Co-operating Brokerage) In consideration for the Co-operating Brokerage procuring the foregoing Agreement of Purchase and Sale, I hereby declare that all moneys received or receivable by me in (Address) 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 connection with the Transaction as contemplated in the MLS 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 a Commission Trust Agreement as defined in the MLS quality of services they provide. Used under license. (Fax. No.) real estate professionals who are members of CREA and the quality of services they provide. Used under license. DATED as of the date and time of the acceptance of the foregoing Agreement of Purchase and Sale. Acknowledged by: © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developedby its bymembers OREA and for thelicensees use and only. reproduction Any other useby itsor membersreproduction and is licensees prohibited only. except Any withother prior use writtenor consent of OREA. Do not alter reproduction is prohibited except with prior written consent of OREA. Do not alter when printingwhen or reproducingprinting or reproducing the standard the pre-set standard portion. pre-set OREA portion. bears OREA no liabilitybears no for liability your use for of your this use form. of this form...... ® Rules and Regulations of my Real Estate Board ...... shall be receivable and held(Tel in No.,FAX trust. This No) agreement shall constitute ® Rules and shall be subject to and governed by the MLS (Authorized to bind the Listing Brokerage) (Authorized to bind the Co-operating Brokerage) Form 101 Revised 2019 19 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 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® Rules pertaining to Commission Trust. 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.

6 6 of

® Dec/2018

WEBForms

Form 101 Revised 2019 Page Form 101 Revised 2019 Page

5 of WEBForms 6 ® Dec/2018 INITIALS OF BUYER(S): INITIALS OF SELLER(S):

This form must be initialed by all parties to the Agreement of Purchase and Sale.

Plain Language Forms

Form 200 Revised 2019 20 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 Listing Agreement EXCLUSIVE Seller Representation Agreement

Authority to Offer® for ListingSale Agreement (Seller’s Initials) Form 200 Listing Agreement Form 200 for use in the Province of Ontario for use in the ProvinceForm of Ontario 200 for use in the Province of Ontario Seller Representation Agreement (Seller’s Initials) Authority to Offer for Sale This is a Multiple Listing Service® Agreement OR Exclusive Listing Agreement

This is a Multiple Listing Service® Agreement OR Exclusive Listing Agreement

BETWEEN: LISTING AGREEMENT FORM 200 BETWEEN: ® BROKERAGE: ...... GENERAL USE ...... BROKERAGE: ...... (the “Listing Brokerage”) Tel. No...... ListingThis formAgreement isknown a contract as...... between (Seller’s the Initials) Seller and the real estate companyEXCLUSIVE which authorizes the company to

...... (thefor sale “Listing Brokerage”) Tel. No......

SELLER: ...... Selleract Representation on behalf of the Seller Agreement when theycommencing offer their at 12:01 home a.m...... (thefor on thesale ...... on the day open market. A written “Seller”) agreement is SELLER: EXCLUSIVE ...... Form 200 ...... (the{ “Seller”) In consideration of the ListingListing Brokerage listing Agreement the® real property for use in the Province of Ontario Authority to Offerright to act for as the Sale Seller’s agent, (Seller’s Initials) In consideration of the Listing Brokerage listing the real propertyrequired to ensure compliance with REBBA and to detail compensation...... exclusiveSeller and irrevocable Representation Agreement ...... (the (Seller’s “Property”) Initials) Form 200 (Seller’s Initials) ...... for use in the Province of Ontario Authority to Offer for...... (the Sale “Property”) This is a Multiplethe Seller Listing hereby Service® givesuntil the Agreement 11:59 Listing p.m.Brokerage OR on Exclusive the the ...... Listing day of Agreement ...... , 20...... (the “Listing Period”),

the Seller hereby gives the Listing Brokerage the TOP SECTION(Seller’s Initials) OF THEfor AGREEMENT sale

of ...... , 20...... , known as......

This is a Multiple Listing Service® Agreement OR Exclusive Listing AgreementDollars (CDN$) ...... of ...... ,BETWEEN: { 20...... , This section identifies the parties to the agreement and sets the time frame for which the contract exclusive® and irrevocable { Seller acknowledges that the length of the Listing Period is negotiable between the Seller and the Listing Brokerage and, if an SellerBROKERAGE: acknowledges ...... that the length of ifthe the Listing Listing Period Periodis valid. is exceeds negotiable If six a months,betweenlisting the theis Listing Sellerlonger Brokerage and thanthe Listing must 6 months Brokerageobtain the...... Seller’s and,the if Seller initials.an that theis requiredprice and/or to terms initial. set ® BETWEEN:listing, may be subjectMLS® to listing, minimum may requirementsbe subject to ofminimum the real requirements estateuntil board, 11:59 of however, the p.m. real on estatein theaccordance ...... board, right tohowever, withdayact asofthe the...... , inReal accordanceSeller’s Estate agent, and with the Real Estate 20...... and (the “Listing Period”), MLS Business Brokers Act, 2002, (REBBA), ...... (the(Seller’s Initials) ® “Listing Brokerage”) Tel. No...... ® BusinessBROKERAGE: Brokers Act, 2002, ...... (REBBA), *initialing in the MLS box will allow the listing...... to be posted to the MLS system and the listing Brokerage commencing at 12:01 a.m. on the ...... day SELLER: ...... to offer the Property for sale at a price of: known as...... (the(Seller’s “Seller”)Initials)

if the Listing Periodfor exceedssale six months, the Listing Brokerage must obtain the Seller’s initials. to offer the...... (the Property for sale at a price of: can share the listing with Co-operating “Listing Brokerage”) Brokers Tel. who No. may ...... have potentialEXCLUSIVE Buyers. Exclusive means it will not

In consideration...... of the Listing Brokerage listing the real property ...... Dollarscommencing at 12:01 a.m. on the ...... day

SELLER: ® ...... and ...... upon the terms particularly set outbe herein,distributed or at such to other the price MLS and/or and...... Dollars terms can acceptable only be ...... (theto marketed the Seller. It throughis understood the Listing{ Brokerages “Seller”) efforts and channels.

...... right ...... (theto act as the Seller’s agent, (Seller’s “Property”) Initials) and upon the termsout hereinparticularly are at set the out Seller’s herein, personal or at such request, other afterprice full and/or discussion terms with acceptable the Listing to theBrokerage’s Seller. It isrepresentative understood regarding potential market value of the Property. In consideration of the Listing Brokerage listing the real property { out herein are at the Seller’s personal request, after full discussionexclusive with and the irrevocable Listing Brokerage’s representative regarding potential market value of the Property.

the Seller herebyThe gives Seller the herebyListing Brokerage represents the and warrants that the Seller is not a party to any other listing agreement for the Property or agreementtions or affiliated(Seller’s Initials) ...... (the “Property”) The Seller herebyto pay represents commission and to warrants any other that real the estate SellerFor brokeragethe is notpurposes afor party for sale of the to this anysale Agreement otherof the listing Property. (“Authority” agreement or for “Agreement”): the Property or agreement

of ...... , 20...... , 1. DEFINITIONSuntil 11:59 p.m.known on AND as...... the ...... INTERPRETATIONS day of ...... , 20...... (the “Listing Period”), to pay commissionthe Seller tohereby any other gives real the Listingestate Brokeragebrokerage thefor the sale of the Property. Dollars (CDN$) ...... (Seller’s Initials) { 1. DEFINITIONS AND INTERPRETATIONS:

exclusiveThis and section irrevocable clarifies the terms and outlines who will be referred to as the Buyer and Seller in the remainder 1. DEFINITIONS “Seller” includes AND INTERPRETATIONS: vendor, a “buyer” includes a purchaser, or a prospective purchaser. A “real estate board” includes a real estate association.

Seller acknowledgesof ...... , that the length of the Listing Period 20...... , is negotiable between the Seller and the Listing Brokerage and, if an Dollars (CDN$) ...... “Seller” includes vendor,3. REPRESENTATION: a “buyer” includes a purchaser, or a prospective purchaser. A “real estate board” includes a real estate association. MLS® A purchase shall be deemeduntil to include 11:59 thep.m. entering on the ...... into right of toany dayact agreement asof the...... , Seller’s to exchange, agent, or the obtaining 20...... of an option(the “Listing to purchase Period”), which is listing,A purchase may{ be subjectshall be to deemedminimum to requirements include theof of entering thethe real document intoestate of board,any agreement however, toin exchange,accordance orwith the the obtaining Real Estate of anand option to purchase which is subsequently exercised. Commission shallif the be Listing deemed Period to includeexceeds other six months, remuneration. the Listing This Brokerage Agreement must shall obtain be the read Seller’s with initials.all changesthat the price of gender and/or terms set Business Brokerssubsequently Act,Seller 2002, exercised. acknowledges (REBBA),including Commission informationthat the length shall on be ofSeller thedeemed ListingRepresentation,For to Period theinclude purposes is negotiableSub-agency,other of remuneration. this between Agreement Buyer Representation,the This Seller(“Authority” Agreement and the Multiple or Listingshall “Agreement”): be RepresentationBrokerage read with and, all and changesif an thatCustomer the of price gender Service. and/or terms set or number® The listing, Sellerrequired may understands beby subjectthe context. that to minimum unless TheFor purposesSeller the requirements Seller acknowledges of is this otherwise ofAgreement, the that real informed, the estate Listinganyone board, the Brokerage co-operatingintroduced however, has to in brokerageprovided or accordance shown the the is Seller representingwith Property thewith Real shallinformation the Estate be interests deemed and explaining to include agency any relationships, or numberMLS required by the context. For purposes*anyone of introducedthis Agreement, to anyone or shown introduced the propertyto or shown includes the Property any shall spouse, be deemed heirs, to includeexecutors, any administrators, successors, spouse, transaction. heirs, executors, The Seller administrators, further acknowledges successors, that assigns, the Listing related Brokerage corporations may beand listing affiliatedcommencing other propertiescorporations. at 12:01 that a.m. Relatedmay on bethe corporasimilar ...... to the day Seller’s Property to offer the Propertyspouse, for sale heirs,Business at executors,a priceBrokers of: Act,administrators, 2002, (REBBA), successors, assigns, related corporations and affiliated corporations. Related corpora corporations and the shall Seller include ifhereby the Listing any consents corporation Period to exceeds the where Listing six one months,Brokerage half the or alistingListing majority otherBrokerage of properties the shareholders,must obtain that may the directors Seller’sbe similar initials. or to officers the Seller’s of theProperty related or affiliated corporations shall include any corporationassigns, where related one half orcorporations a majority of theand shareholders, affiliated directors corporations. or officers of the relate...... %d or affiliated of the sale corporation Seller areof conflict the same of person(s)interest. Theas theSeller shareholders, hereby appoints directors, the Listing or officers Brokerage of the ascorporation the Seller’s introduced agent for the to orpurpose shown ofthe givin Progperty. and receiving (Seller’snotices Initials)

...... corporation are the same person(s) as the shareholders, directors, or officers...... Dollars of the corporationThe Seller authorizes introduced the to Listing or shown Brokerage the Pro toperty. co-operate with any and upon the terms2. COMMISSION: particularlyto offer pursuant setthe out Property In to herein, consideration any offerfor or saleat or such agreementat of a theother price Listing price of: to Brokerage purchase and/or terms the listing Property. acceptable the Property, Unless to the otherwise the Seller. Seller It agrees agreed is understood to in pay writing the Listing between Brokerage Seller and a commission Listing Brokerage, of any

commission payable to any other brokerage shall be paid out of the commission the Seller pays the Listing Brokerage, said comm out herein are at2. the COMMISSION: Seller’s personal Inrequest, consideration after full of discussion the Listing with Brokerage the Listing listing Brokerage’s the Property, representative the Seller regarding agrees to po paytential the Listingmarket Brokerage value of the a Property. commission (Seller’s of Initials) in accordance with the Commission Trust Agreement. { ...... %...... of the sale price of the Property or ...... out...... Dollars of...... the commission the Seller pays the Listing Brokerage...... % of the sale price of the Property2. COMMISSION: or ...... The Seller hereby representsfor anyand andvalid upon warrants offer the to terms purchasethatOR particularlythe such Seller the other Property is setnot terms outa fromparty herein,and any conditionsto anyorsource at other such whatsoever as listing otherthe Seller priceagreement obtained may and/or accept. for during terms the Property acceptablethe Listing or Periodagr to eementthe andSeller. on Itthe is termsunderstood and conditions set for any validMULTIPLE offer to purchase REPRESENTATION: the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set to pay commission to outany in other thisout Agreementrealhereinbuyers estate are who atbrokerage themay Seller’s be interestedfor personalthe sale in ofrequest,purchasing the Property. after the full Seller’s discussion Property. with Inthe the Listing event Brokerage’s that the Listing representative Brokerage hasregarding entered po intotential or emarketnters into value a buyer of the representation Property. out in this Agreement This section details the fee structure the Seller(Holdover has agreed Period) to, so pay long the as such real agreement estate company. istions with or affiliated agreement with a prospective buyer for the Seller’sFor Property, the purposes the Listing of this Brokerage AgreementDollars will (“Authority” obtain(CDN$) the ...... Seller’s or “Agreement”): written(Seller’s consent Initials) to represent both the Seller and 1. DEFINITIONS ANDother INTERPRETATIONS: registeredThe Seller real hereby estateOR suchrepresentsbrokerage other terms(co-operatingand warrants and Theconditions brokerage)Sellerthat the hereby as Seller the and acknowledgesSeller is to not offer maya party to accept. pay thatto the any the co-operating otherListing listing Brokerage brokerage agreement may abe forcommission entering the Property into of buyer or agr representationeement agreements with other registeredthe buyer real for estatethe transaction brokerage at (co-operating the earliest practicable brokerage) opportunity and to offer and to inpay all the cases co-operating prior to any brokerage offer to purchasea commission being of submitted or presented.of the buyer in the “Seller” includes vendor, a “buyer”to pay includes commission a purchaser, to any other or a Itprospectivereal also estate indicates brokerage purchaser. the for A numberthe“real sale estate of theof board” daysProperty. includes after the a real expiry estate ofassociation. the contract the tionsreal orestate affiliated company is still entitled to price of the PropertyThe Seller or...... understands and acknowledges that the Listing Brokerage must be impartial when representing both the Seller and theurchase agreed to A purchase shall be deemedprice of to the include Property the or...... entering into of any agreement to exchange, or the obtaining of an option to purchase which is without any claim by the The Seller further agrees1.protect DEFINITIONS to the pay interests such ANDcommission of the INTERPRETATIONS: Seller as and calculated buyer. Theabove Seller if an understands agreement andto purchase acknowledges is agreed that to when or accepted representing by the both Seller the or Seller anyone and the buyer, the Listing subsequently exercised. Commission shall be deemed to includetheir otherfee ifremuneration. the Seller This ends Agreement up selling shall thebe read property with all changesprivately of gender to a Buyer introduced to the property during the Brokerage “Seller” includesshall haveFor vendor, athe duty purposes a of “buyer” full disclosure of thisincludes Agreement to aboth purchaser, the (“Authority” Seller or and a prospective or the “Agreement”): buyer, includingpurchaser. a Arequirement “realthat estatethe price to board” disclose and/or includes all terms factua seta l real information estate association. about the or number required by The the Seller context. further For agrees purposes to pay of thissuch Agreement, commission anyone as calculated introduced above to ifor an shown agreement the Property to purchase shall beis agreeddeemed to t oor include accepted any by the Seller or anyone on the Seller’sProperty behalfA purchasewithinknown ...... to theshall Listing be deemed Brokerage. todays include after the expirationentering into of theof anyListing agreement ThePeriod Seller to authorizes exchange, the or Listing the obtaining Brokerage of to an co-operate option to with purchase any which is spouse, heirs, executors, administrators,on the Seller’s behalf successors, within assigns, ...... contract related corporations period days afterthrough and the affiliated expiration the Listingcorporations. of the Listing Salespersons Related Period corpora efforts- known as then “holdoverpayable.ission Should to period”be suchdisbursed anyone who However,was introducedsubsequently the Seller to the further exercised. Property understands from Commission any and source acknowledges shall whatsoever be deemed thatduring to the include the Listing Listing other Brokerage Period remuneration. or shall shown not theThisdisclose: Property Agreement during shall the ofbe Listing the read buyer Period. with in all the changes of gender corporations If, however, shall include the offer anyanyone for corporation the who orpurchase numberwas where introduced of required the one Property half to by the or the is aProperty pursuantmajoritycontext. from to ofFor a the anynewpurposes shareholders, source agreement of whatsoever this in directorsAgreement, writing during to or pay officersanyone the commission Listing introduced of Periodthe to anotherrelate ord to orshown or affiliated registeredshown the Propertythe real Property estate during shallbrokerage, the be Listing deemed Period. to include any • that the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; corporation are the same person(s) asspouse, the shareholders, heirs, executors, directors,*Note administrators, or commission officers ofsuccessors, the iscorporation still assigns, payable introduced related if the corporations to Seller or shown does theand not Proaffiliatedperty. complete corporations. due to defaultRelated corpora for or neglect on the Sellers behalf the Seller’s If, liabilityhowever,• that for the thecommission offer buyer for may the shall purchaseor be will reduced pay of themore by Property the than amount the is pursuantoffered paid by price,to the a newSeller unless agreement under otherwise the innew writinginstructed agreement. to pay in writing commission by the to buyer;another registered real estate brokerage, 2. COMMISSION: corporations shall include any corporation where one half or a majority of the shareholders, directorswithout or officers any claim of bythe the relate ...... %d or affiliated of the sale The Seller In consideration further agreesthe• of Seller’sthe theto motivation pay Listing liability such Brokerage commissionforof orcommission personal listing as the calculatedinformationshall Property, be reduced above about the Seller byeven the the agreesSellerif amount the transactionor to buyer,paid pay theby unless thecontemplated Listing Seller otherwise Brokerageout under of bythe theinstructed an acommission new commissionagreement agreement. in writing the to of Sellerp by thepays party the toListing which Brokerage. the information corporation are the same person(s) as the shareholders, directors, or officers of the corporationThe Seller authorizes introduced...... % the to Listing or shown Brokerageof the the sale Pro toperty. co-operate with any or accepted by the applies Seller or or unless anyone failure on the to Seller’sdisclose behalf would is constitute not completed, fraudulent, if such unlawful non-completion or unethical is owing practice; or attributable to(Seller’s the Seller’s Initials) default or ...... % of the sale price The of Seller the Property furtherThe Seller oragrees ...... acknowledges to pay such thatcommission the Listing as Brokeragecalculated hasabove provided even...... if the the Seller transaction with information contemplated explaining by an agreement agency relationships, to p neglect, said commission•or the accepted price to the beby buyer payablethe Seller should on or the offeranyone date3. or REPRESENTATION: settheon fortheprice completionSeller’s the Seller behalf of should the is notpurchase accept; completed, ofand the ifProperty. such non-completion is owing or attributableission to bethe disbursedSeller’s default or for any valid offer to purchase the• neglect,the Property Listing2. COMMISSION:said fromBrokerage commission any source shall to In whatsoevernot be consideration disclosepayable obtained toon the ofthe thebuyer date during Listing setthe theforterms Brokerage Listingcompletion of any Period listing other of and the the offer. purchaseon Property, the terms of the theand Seller Property. conditions agrees toset pay the Listing Brokerage a commission of Any 3. deposit REPRESENTATION: in respect of any agreement where the transaction has been completed shall first be applied to reduce(Holdover the commissioPeriod), so longout ofas the such commission agreement the is Sellerwithbuyer pays and the equally Listing Brokerage. out in this Agreementincluding informationHowever, it on is understoodSeller...... % Representation, that of factual the sale Sub-agency, market price information of the Buyer Property Representation, about or ...... comparable Multiple properties Representation and information and Customer known Service. to the...... Listing Brokerage concerning amounts paid to Any the depositListing Brokeragein respect fromof any the agreement depositThisOR or where suchsectionby the other the Seller’s transaction termsconfirms solicitor and hasconditions not beenthat be sufficient, completed theas the Salesperson Sellerthe shall Seller may first shall accept. be beappliedhas liabl explainede toto reducepay to the the Listingcommissio different Brokerage onforms of Agency relationship that potentialamounts uses for paidfor the anyto Property the valid Listing offerwill Brokerage beto disclosedpurchase from the tothe both Propertydeposit Seller or from andby theany buyer Seller’s source to assist solicitor whatsoever them not to be comeobtained sufficient, to their during the own Seller the conclusions. Listing shall bePeriod liable andto pay on to the the terms Listing and Brokerage conditions on set other registered demand, Thereal SellerestateOR any understandssuchbrokerage deficiency other terms(co-operating thatin commission and unless conditions thebrokerage) Sellerand taxesas isthe and otherwise owingSeller to offer mayon informed, suchto accept. pay commission. the the co-operating co-operating brokerage brokerage a commission is representing of the interests Where a Brokerageout represents in this Agreement both the Seller and the Buyer (multiple representation), the Brokerage shall not be entitled(Holdover or au Period)thorized, so tolong be asagent such agreement is with All amounts transaction. set out Theas commission Sellerdemand, further are any acknowledges to deficiency be paid plus in that commission applicablemay the Listing occur andtaxes Brokerage taxes inon suchaowing real may commission. on estatebe such listing commission. transaction other properties and that itmay authorizes be similartions toor the theaffiliated Seller’sreal estate Property company to co-operate with any price of the Property or...... for either the Buyer or the Seller for the purpose of giving and receiving notices. and the Seller hereby consentsother to the registered Listing Brokeragereal estate listingbrokerage other (co-operating properties that brokerage) may be similarand to offerto the to Seller’s pay the Property co-operating brokerage a commission of ® Dec/2018 The Seller further agrees to pay such commission All amounts as setcalculated out as commission aboveINITIALS if an are agreement OF to beLISTING paid to purchaseplus BROKERAGE: applicable is agreed taxes to oron acceptedsuch commission. by t he Seller or anyone INITIALSForm OF 200 SELLER(S):buyer Revised and equallyWEBForms2019 Page 1 of 3 Seller of conflictMULTIPLE of interest. REPRESENTATION The Seller hereby AND appointsother CUSTOMER realthe Listing estate SERVICE: Brokerage company The Selleras the understands toSeller’s market agent and forthe agrees the property,purpose that the of Listing givinandg Brokerage and breaks receiving also down providesnotices the commission urchase sharing agreed structure to pursuantrepresentation to any offer or and agreement customerprice of to servicethe purchase Property to other the or...... Property.sellers and Unless buyers. otherwise If the Listing agreed Brokerage in writing represents between or Seller provides and customer Listing Bro servikerage,ce to anymore than one on the Seller’s behalf within ...... days after the expiration of the Listing Period commissionseller payable or buyerINITIALS to for any the OFother same LISTING brokerage trade,The theBROKERAGE:Seller shallListing hereby be Brokerage paid acknowledges out of shall, the The commissionin Sellerthat writing, the authorizes Listing at the the Seller Brokerage earliest the Listing pays practicable may the Brokerage INITIALS Listingbe entering opportunity Brokerage,to OF co-operate intoSELLER(S): buyer and said with beforerepresentation comm anyurchase any offer agreedagreements is made, to informwith anyone who wasThe introduced trademarks REALTOR®, to the Property REALTORS®, from TheMLS®, any Seller Multiplesource further Listingwhatsoever agreesServices®between to duringand pay associated suchthe the Listing commissionlogos two arePeriod parties.owned asor or showncalculatedcontrolled the by Propertyabove if duringan agreement the Listing to purchasePeriod. is agreed to or accepted by the Seller or anyone The Canadian in accordance Realall Estatesellers Association with and The thebuyers (CREA)trademarks Commission ofand the REALTOR®,identify nature Trust the realREALTORS®, ofAgreement. estatethe Listing professionals MLS®, Brokerage’s Multiple who are Listing members relationship Services® of CREA and toandassociated each the seller logos areand owned buyer. or controlled by If, however, the offer forquality the ofpurchase services they of provide.the Property Used under is pursuant license. to a new agreement in writing to pay commission to another registered real estate brokerage, © 2019, Ontario4. Real FINDERS Estate Association FEES: (“OREA”).The The Canadian Seller All rightson Real acknowledges the reserved. Estate Seller’s Association This behalfform that was(CREA) thewithin developed andBrokerage identify...... by OREA the may real for estatethebe usereceiving professionals and daysreproduc a afterwhofinder’stion are the members expirationfee, reward of CREA of and and/orthe the Listing referral Period incentive, and the Seller n payable. Should such MULTIPLE REPRESENTATION:quality of services they provide. Used under license. by its members and licensees only. Any other use or reproduction is prohibited except*The with Seller prior written appoints consent of OREA. the Do Listing not alter Brokerage as the Seller’sn payable. agent Should for the such purposes of giving and receiving the Seller’swhen liability printing for or commission reproducingbuyersconsents the shall whostandard to be anymay reduced pre-set suchbe portion.interested benefitby theanyone OREA amount inbeing bears purchasing who noreceivedpaid liabilitywas by introduced theforthe and your Seller’sSeller retained use ofunder to Property.this the form. bythe Property the new In Brokeragethe agreement. fromevent any thatin source additionthe Listing whatsoever to theBrokerage Commission during has enteredthe as Listingdescribed into Period or eabove.nters or showninto a buyerthe Property representation during the Listing Period. The Seller further agrees to pay such commission© 2019, as Ontariocalculated Real Estate above Association even if (“OREA”). the transaction All rights reserved. contemplated Thisout form of was bythe andeveloped commission agreement by OREA the to for Sellerp the use pays and reproducthe Listingtion Brokerage. 5. REFERRALagreement OFby with itsENQUIRIES: members a prospective and licensees buyer only. for Any the othernotices Seller’s use or reproduction Property, for any isthe prohibited offer Listing exceptBrokerageor withAgreement prior will written obtain consent to the of PurchaseSeller’s OREA. Do written not alterthe consent property to represent except both inthe Sellermultiple and representation the buyer forwhen the printing transaction or If, reproducing however, at the the the earliest standard offer for practicablepre-set the portion. purchase opportunity OREA of bears the noProperty and liability in allforis pursuantyourcases use priorof tothis a form.to new any agreement offer ...... %to purchase in writing being ofto thepay sub sale commissionmitted or presented. to another registered real estate brokerage, or accepted by the Seller or fromanyone any on source the Seller’s whatsoever, behalfthe isand Seller’snot all completed, offers liability to forpurchase if suchcommission non-completion submitted shall beto the reducedis owingSeller by shallor the attributable beamount immediately paid to the by Seller’s submittedthe Seller default underto the or theListing new Br agreement.okerage before the Seller neglect, said commission to beaccepts payableThe Seller or rejects on understands the thedate same. set andfor If any completionacknowledges enquiry of during the that purchase thethe ListingListing of thePeriodBrokerage Property. results must in thebe Sellerimpartial accepting when representing a valid offer bothto purchase the Seller during and thethe Listing Period or Any deposit in respect of any agreement where the transaction The has Seller been The completedfurtherSeller agreesagrees shall thatto first pay during be such applied the commission Listing to reduce(Holdover Period, as the calculated the commissioPeriod) Seller, aboveso shall long adviseeven as such if thethe agreement Listingtransaction Brokerage is contemplatedwith immediately by an of agreementall enquiries to p withinprotect the Holdover the interests Period of theafter orSeller theaccepted expirationand buyer. by the of The Sellerthe SellerListing or anyoneunderstands Period, on the the Sellerand Seller’s acknowledges agrees behalf to payis not that the completed, whenListing representing Brokerage if such non-completion the both amoun the Sellert of Commissionis a owingnd the orbuyer, attributableset out the Listing to the Seller’s default or amounts paid to the Listing Brokerageabove,Brokerage payablefrom the shallwithindeposit have five or bya (5) duty the neglect,days Seller’sof followingfull said disclosuresolicitor 4.commission the FINDERSnot Listingto be both sufficient, to Brokerage’s bethe payableSeller FEESthe and Seller writtenon thethe shall buyer,datedemand be liablset including therefor.fore to completion pay a to requirement the Listingof the Brokeragepurchase to disclose ofon theall factuaProperty. l information about the demand, any deficiency6. in MARKETING: commissionProperty and The taxes known Seller owing to agrees the on Listing such to allow commission.Brokerage. the Listing Brokerage to show and permit prospective buyers to fully inspect the Property during reasonable All amounts set out as commission are to be paid plus applicable Any taxes deposit on such in respect commission. of any agreement where the transaction has been completed shall first be applied to reduce the commissio hours andHowever, the Seller the gives Seller the further Listingamounts understands Brokerage paidThis totheand the sole section acknowledgesListing and Brokerage exclusive provides that fromright the thetoListingconsent place deposit Brokerage “For or forSale”by the theshall andSeller’s notSalesperson“Sold” solicitordisclose: sign(s) not upon be to sufficient, the accept Property. the anySeller The Sellerfinder’sshall be liabl efees to pay (for to the Listingexample Brokerage mortgage on consents to •the that Listing the SellerBrokerage may orincluding will accept information less than in the advertising listed price, that unless may identifyotherwise the instructed Property. inThe writing Seller byfurther the Seller; agrees that the Listing Brokerage demand, any deficiency in commission and taxes owing on such commission.Form 200 Revised 2019 Page 1 of 3 shall have sole• that and the exclusive buyer may authority or will to pay make more all advertisingthan the offered decisions price, relating unless tootherwise the marketing instructed of the in Propertywriting by for the sale buyer; during the Listing Period. The • the motivation of or personal informationcompanies about maythe Seller offer or buyer, fees unless to bringotherwise clients) instructed in writing by the party to which the information ® Dec/2018 Seller agrees that the Listing Brokerage All amounts will not set beout held as commission liableINITIALS in any are mannerOF to beLISTING paidwhatsoever plus BROKERAGE: applicable for any acts taxes or on omissions such commission. with respec t to advertising INITIALS by theForm OF 200 SELLER(S): Revised WEBForms2019 Page 1 of 3 INITIALS OF LISTING applies BROKERAGE: or unless failure to disclose would constitute fraudulent, INITIALS unlawful OF or SELLER(S): unethical practice; The trademarks REALTOR®, REALTORS®,Listing MLS®, Brokerage Multiple Listing or Services®any other and party, associated other logos than are ownedby the or Listingcontrolled Brokerage’s by gross negligence or wilful act. urchase agreed to The Canadian Real Estate Association7. WARRANTY: (CREA) and identify The• the Seller the real price estate represents professionalsthe buyer and whoshould warrants are membersoffer *Thisthat or of theCREAthe fee priceSeller and isthe the hasin Seller theaddition exclusive should accept;to authority any and commission and power to execute payable this AuthoritytoWEBForms the toSalesperson offer the Property but for consent is required if a finder’s quality of services they provide. Used under license. • the Listing Brokerage shall not disclose to the buyer the terms of any other offer. ® Dec/2018 © 2019, Ontario Real Estate Association (“OREA”).sale and All rights that reserved. the Seller This hasform wasinformed developed the by Listing OREA for Brokerage the use and reproducof anytion third party interests or claims on the Property such as rights of first refusal, options, by its members and licensees only. Any other use or reproduction is prohibited except with prior writtenThe trademarks consentfee of OREA.REALTOR®, arises Do no REALTORS®, t andalter the MLS®, fee Multiple is paid Listing byServices® the and receiving associatedn payable. logos party Should are owned notsuch or controlledthe Seller by when printing or reproducing the standard pre-seteasements, portion. OREA mortgages, However,bears no liability encumbrances it is for understood your use of or thisThe otherwisethat form. Canadian factual concerningReal market Estate Associationinformation the Property, (CREA) about and which identifycomparable may the real affect estate properties the professionals sale ofand thewho information Property.are members knownof CREA andto thethe Listing Brokerage concerning 8. INDEMNIFICATIONpotential AND uses INSURANCE: for the Property quality The Sellerwill of services be will disclosed they not provide. hold to theUsed both Listing under Seller license. Brokerage and buyer and to representativesassist them to come of the to Brokerage their own responsibleconclusions. for © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction any loss or damageWhere to the a PropertyBrokerage orby representscontents its members occurring bothand licensees the during Seller only. Anytheand otherterm the use Buyerof or this reproduction (multipleAgreement is representation),prohibited caused except by thewith the Listingprior Brokerage written Brokerage consent shall of OREA.or not anyone Dobe noentitledt elsealter by or any au thorized to be agent means, including theft,for either fire theor vandalism, Buyer orwhen the otherprinting Seller than or forreproducing by the the purpose Listing the standard ofBrokerage’s giving pre-set portion.and gross receiving OREA negligence bears notices. no liability or forwilful your act. use ofThe this Sellerform. agrees to indemnify and save harmless the Listing MULTIPLEBrokerage and REPRESENTATION representatives of the AND Brokerage CUSTOMER and any SERVICE: co-operating The Sellerbrokerage understands from any and liability, agrees claim, that theloss, Listing cost, Brokeragedamage or also provides injury, including but not limited to loss of the Commission payable under this Agreement, caused or contributed to by the breach of any warranty or Therepresentation trademarks REALTOR and®, REALTORScustomer® ,service MLS®, Multiple to other Listing sellers Services and® and buyers.associated logosIf the are Listing owned or Brokerage controlled by Therepresents Canadian Real or Estateprovides Association customer (CREA) servi and identifyce to themore than one representation made byseller the orSeller buyer in forthis theAgreement same trade, or the the accompanying Listing Brokerage data shall, form. in The writing, Seller at warrants the earliest the Propertypracticable is insured, opportunity including and beforepersonal any offer is made, inform liability insurance againstreal allestate sellersany professionals claims and whobuyersor lawsuitsare members of the resulting of nature CREA andfromof thethe bodilyquality Listing of injuryservices Brokerage’s theyor property provide. relationship Used damage under license. to to each others seller caused and in buyer. any way and the Seller indemnifies© 2019, Ontariothe Brokerage Real Estate Associationand all of(“OREA”). its employees, All rights reserved. representatives, This form was developed salespersons by OREA and for the brokers use and reproduction(Listing Brokerage) by its members and and any licensees co-operating only. Any other use or brokerage and all of4. its FINDERSemployees, FEES: representatives, The Seller acknowledges salespersons The Seller and agreesthat brokers the that Brokerage (co-operatingduringForm themay Listing200 be brokerage) receiving RevisedPeriod, 2019 forthea finder’s andSeller Page against shall fee, 1 of adviserewardany 3 clai the and/or Listing referral Brokerage incentive, immediately and the of Sellerall enquiries reproductionconsents is prohibited to any except such with benefit prior written being consent received of OREA. andDo not retained alter when printingby the orBrokerage reproducing the in standardaddition pre-set to theportion. Commission OREA bears no as liability described for your use above. of this form. Brokerage or co-operating brokerage made by anyone who attends or visits the Property. Form 200 Revised 2019 21 9. FAMILY LAW ACT: The5. Seller REFERRAL hereby OFwarrants ENQUIRIES: that spousal consent is not necessary under the provisions of the Family Law Act, R.S.O. 1990, unle © TRILLIUMfrom anyWEST source 2019 | PLAINwhatsoever, LANGUAGE and FORM all offers to purchase submitted to the SellerWEBForms shall be immediately submitted to the Listing Brokerage before the Seller WEBForms® Dec/2018 the spouse of the Seller has executed the consent hereinafter provided. ® 10. VERIFICATION OF INFORMATION:accepts or rejectsThe Seller the same.authorizes If any the enquiry Listing duringBrokerage the Listingto obtain Period any results information in the affectingSeller acceptingDec the/2018 Property a valid from offer any to regulatory purchase during the Listing Period or within the Holdover Period after the expiration of the Listing Period, the Seller agrees to pay the Listing Brokerage the amount of Commission set out authorities, governments, mortgageesabove, orpayable others withinand the five Seller (5) agreesdays following to execute the and Listing deliver Brokerage’s such further written authorizations demand therefor. in this regard as may be reasonably required. The Seller hereby appoints the Listing Brokerage or the Listing Brokerage’s authorized representative as the Seller’s attorney to execute such documentation6. as MARKETING: may be necessary The toSeller effect agrees obtaining to allow any theinformation Listing Brokerage as aforesaid. to show The andSeller permit hereby prospective authorizes, buyers to fully inspect the Property during reasonable the above noted regulatory authorities,hours governments,and the Seller mortgageesgives the Listing or others Brokerage to release the soleany and allexclusive information right to theplace Listing “For Bro Sale”kerage. andon “Sold” or at thesign(s) Property upon the Property. The Seller 11. USE AND DISTRIBUTION OF INFORMATION:consents to the Listing Brokerage including information in advertising that may identify the Property. The Seller further agrees that the Listing Brokerage shall have sole and exclusive authority to make all advertising decisions relating to the marketing msof theagainst Property the Listingfor sale during the Listing Period. The the purpose of listing and marketing theSeller Property agrees including, that the Listingbut not Brokerage limited to: willlisting not and be advertisingheld liable thein anyProperty manner using whatsoever any for any acts or omissions with respect to advertising by the disclosing Property information to prospectiveListing Brokerage buyers, brokerages, or any other salespersons party, other and than others by whothe Listing may assist Brokerage’s in the sale gross of the negligence Pr or wilful act.

7. WARRANTY: TheThe SellerSeller representsconsents to andthe collection,warrants thatuse theand Seller disclosure has the of personalexclusive information authority and by thepower Brokerage to execute for this Authority to offer the Property for sale and that the Seller has informed the Listing Brokerage of any third party interests or claims on the Property suchss as rights of firston refusal, or at the options, Property easements, mortgages, encumbrances or otherwise concerning the Property, which may affect the sale of the Property. The trademarks REALTOR®, REALTORS®,INITIALS MLS®, OF MultipleLISTING Listing BROKERAGE: Services® and associated logos are owned or controlled by INITIALS OF SELLER(S): ms against the Listing The Canadian Real Estate Association (CREA) and8. identify INDEMNIFICATION the real estate professionals AND who are INSURANCE: members of CREA Theand the Seller will not hold the Listing Brokerage and representatives of the Brokerage responsible for ss quality of services they provide. Used under license. any loss or damage to the Property or contents occurring during the term of this Agreement caused by the Listing Brokerage or anyone else by any © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction instructs and directs by its members and licensees only. Any other use or reproduction means,is prohibited including except with theft, prior writtenfire orconsent vandalism, of OREA. Doother not thanalter by the Listing Brokerage’s gross negligence or wilful act. The Seller agrees to indemnify and save when printing or reproducing the standard pre-set portion. OREA bearsharmless no liability the for Listing your use Brokerage of this form. and representatives of the Brokerage and any co-operating brokerage from any liability, claim, loss, cost, damage or injury, including but not limited to loss of the Commission payable under this Agreement, medium including caused the or Internet;contributed to by the breach of any warranty or representation made by the Seller in this Agreement or the accompanying data form.operty; The suchSeller other warrants use of the Property is insured, including personal liability insurance against any claims or lawsuits resulting from bodily injury or property damage to others caused in any way and the Seller indemnifies the Brokerage and all of its employees, representatives, salespersons and brokers (Listing Brokerage) and anyinstructs co-operating and directs brokerage and all of its employees, representatives, salespersons and brokers (co-operating brokerage) for and against any clai Brokerage or co-operating brokerage made by anyone who attends or visits the Property. 9. FAMILY LAW ACT: The Seller hereby warrants that spousal consent is not necessary under the provisions of the Family Law Act, R.S.O. 1990, unle the spouse of the Seller has executed the consent hereinafter provided. medium including the Internet; Form 200 Revised 2019 Page 2 of 3 operty; such other use of 10. VERIFICATION OF INFORMATION: The Seller authorizes the Listing Brokerage to obtain any information affecting the Property from any regulatory authorities, governments, mortgagees or others and the Seller agrees to execute and deliver such further authorizations in this regard as may be The Seller consents to the collection, use and disclosure of personal information by the Brokerage for reasonably required. The Seller hereby appoints the Listing Brokerage or theWEBForms Listing Brokerage’s authorized representative as the Seller’s attorney to execute such documentation as may be necessary to effect obtaining any information ®asDec aforesaid./2018 The Seller hereby authorizes, the above noted regulatory authorities, governments, mortgagees or others to release any and all information to the Listing Brokerage. 11. USE AND DISTRIBUTION OF INFORMATION: the purpose of listing and marketing the Property including, but not limited to: listing and advertising the Property using any disclosing Property information to prospective buyers, brokerages, salespersons and others who may assist in the sale of the Pr ® Dec/2018 INITIALS OF LISTING BROKERAGE: INITIALSForm OF 200 SELLER(S): Revised WEBForms2019 Page 2 of 3

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. 3. REPRESENTATION: including information on Seller Representation, Sub-agency, Buyer Representation, Multiple Representation and Customer Service. The Seller understands that unlessThe Seller the Seller acknowledges is otherwise that informed, the Listing the Brokerage co-operating has brokerageprovided the is Seller representing with information the interests explaining agency relationships, transaction. The Seller further acknowledges that the Listing Brokerage may be listing other properties that may be similar to the Seller’s Property and the Seller hereby consents to the Listing Brokerage listingof the buyerother properties in the that may be similar to the Seller’s Property Seller of conflict of interest. The Seller hereby appoints the Listing Brokerage as the Seller’s agent for the purpose of giving and receiving notices pursuant to any offer or agreement to purchase the Property. Unless otherwise agreed in writing between Seller and Listing Brokerage, any commission payable to any other brokerage shall be paidwithout out any of theclaim commission by the the Seller pays the Listing Brokerage, said comm in accordance with the Commission Trust Agreement. ission to be disbursed MULTIPLE REPRESENTATION: buyers who may be interested in purchasing the Seller’s Property. In the event that the Listing Brokerage has entered into or enters into a buyer representation agreement with a prospective buyer for the Seller’s Property, the Listing Brokerage will obtain the Seller’s written consent to represent both the Seller and The Seller hereby acknowledges that the Listing Brokerage may be entering into buyer representation agreements with the buyer for the transaction at the earliest practicable opportunity and in all cases prior to any offer to purchase being submitted or presented.of the buyer in the The Seller understands and acknowledges that the Listing Brokerage must be impartial when representing both the Seller and the without any claim by the protect the interests of the Seller and buyer. The Seller understands andbuyer acknowledges and equally that when representing both the Seller and the buyer, the Listing

Brokerage shall have a duty of full disclosure to both the Seller and the buyer, including a requirement to disclose all factual information about the

The Seller acknowledges that the Listing BrokerageProperty has provided known the to Sellerthe Listing with informationBrokerage. explaining agency relationships, ission to be disbursed However, the Seller further understands and acknowledges that the Listing Brokerage shall not disclose: • that the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; • that the buyer may or will pay more than the offered price, unless otherwise instructed in writing by the buyer; 3. REPRESENTATION:including information on Seller Representation, Sub-agency, Buyer Representation,• the motivation Multiple of Representation or personal information and Customer about Service. the Seller or buyer, unless otherwise instructed in writing by the party to which the information applies or unless3. failure REPRESENTATION: to disclose would constitute fraudulent, unlawful or unethical practice; The Seller understands that unless the Seller is otherwise informed, the• co-operatingthe price the brokeragebuyer should is representing offer or the theprice interests the Seller should accept; and transaction. The Seller further acknowledges that the Listing Brokerage• themay Listing be listing Brokerage other propertiesincluding shall not informationthatdisclose may tobe the onsimilar Sellerbuyer to Representation,thethe termsSeller’s of Property any Sub-agency, other offer. Buyer Representation, Multiple Representation and Customerbuyer and Service. equally The Seller hereby acknowledges that the Listing The Brokerage Seller understands may be entering that unless intoThe buyerSeller the Seller representationacknowledges is otherwise agreements that informed, the Listing with the Brokerage co-operating has brokerageprovided the is Seller representing with information the interests explaining agency relationships, and the Seller hereby consents to the Listing Brokerage listing otherHowever, properties it is thatunderstood may be similarthat factual to the market Seller’s information Property about comparable properties and information known to the Listing Brokerage concerning transaction. The Seller further acknowledges that the Listing Brokerage may be listing other properties that may be similar to the Seller’s Property Seller of conflict of interest. The Seller hereby appoints the Listingpotential Brokerage uses foras the PropertySeller’s agent will befor disclosedthe purpose to bothof givin Sellerg and and receiving buyer noticesto assist them to come to their own conclusions. pursuant to any offer or agreement to purchase the Property. Unless otherwise agreed and the in Seller writing hereby between consents Seller to and the Listing Listing Bro Brokeragekerage, any listing other properties that may be similar to the Seller’s Property commission payable to any other brokerage shall be paid outWhere of the a commission Brokerage Sellerthe represents Seller of conflictpays both the the ofListing interest. Seller Brokerage, and The theSeller saidBuyer hereby comm (multiple appoints representation), the Listing Brokerage the Brokerage as the shall Seller’s not beagent entitled for the or purposeauthorized of givinto beg and agent receiving notices in accordance with the Commission Trust Agreement. for either the Buyer pursuant or the Seller to any for offerthe purpose or agreement of giving to purchase and receiving the Property. notices. Unless otherwise agreed in writing between Seller and Listing Brokerage, any MULTIPLE REPRESENTATION: commission payable to any other brokerage shall be paid out of the commission the Seller pays the Listing Brokerage, said comm buyers who may be interested in purchasing the Seller’sMULTIPLE Property. In REPRESENTATION the event that the Listing AND Brokerage CUSTOMER has entered SERVICE: into or e nters The Sellerinto a understandsbuyer representation and agrees that the Listing Brokerage also provides agreement with a prospective buyer for the Seller’s Property,representation the Listing and Brokerage customer in accordance willservice obtain with to the otherthe Seller’s Commission sellers written and consentbuyers.Trust Agreement. toIf therepresent Listing both Brokerage the Seller represents and or provides customer service to more than one the buyer for the transaction at the earliest practicableseller opportunity or buyer forand the in allsame cases trade, prior the to any5.Listing offerREFERRAL Brokerage to purchase shall, being OFin sub writing,mitted ENQUIRIES ator thepresented. earliest practicable opportunity and before any offer is made, inform all sellers and buyers of theMULTIPLE nature of REPRESENTATION:the Listing Brokerage’s relationship to each seller and buyer. The Seller understands and acknowledges that the Listing Brokerage must be impartial when representing both the Seller and the 4. FINDERS FEES: The Seller buyersacknowledges who may that be theinterested Brokerage in purchasing may be receiving the Seller’s a finder’s Property. fee, In thereward event and/or that the referral Listing incentive,Brokerage andhas theentered Seller into or enters into a buyer representation protect the interests of the Seller and buyer. The Seller understands and acknowledgesagreement with thatThis a prospectivewhen section representing buyer requires for both the the Seller’sthat Seller the Property,and Sellerthe buyer, the Listingwork the Listing Brokeragewith the will real obtain estate the Seller’s company written consent for the to represent length both of the Seller contract and and consents to any such benefit being received and retained byThe the Seller Brokerage hereby in acknowledges addition to the that Commission the Listing Brokerageas described may above. be entering into buyer representation agreements with Brokerage shall have a duty of full disclosure to both the Seller and thethe buyer, buyer including for the transaction a requirement at the to earliestdisclose practicable all factual informationopportunity about and in the all cases prior to any offer to purchase being submitted or presented.of the buyer in the Property known to the Listing Brokerage.5. REFERRAL OF ENQUIRIES: states that the Seller must inform their Salesperson of any enquiries. If they do not inform the Salesperson The Seller understands and acknowledges that the Listing Brokerage must be impartial when representing both the Seller and the without any claim by the However, the Seller further understands fromand acknowledgesany source whatsoever, that theprotect Listing and theBrokerage all interests offers toshall of purchase the not Sellerdisclose: submitted and buyer. to the The Seller Seller shall understands be immediately and acknowledges submitted to thatthe Listingwhen representingBrokerage before both thethe SellerSeller and the buyer, the Listing • that the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; accepts or rejects the same.Brokerage If any enquiry shall haveof during any a duty the enquiry ofListing full disclosurePeriod that results results to both in the thein Seller Sellera successful accepting and the buyer, a private valid including offer sale to purchasea withinrequirement during the to listing thedisclose Listing period all Period factua orl information any holdover about the period, the • that the buyer may or will pay more than the offered price, unless Theotherwise Seller instructedagrees that in duringwriting theby theListing buyer; Period, the Seller shall advise the Listing Brokerage immediately of all enquiries • the motivation of or personal informationwithin the Holdoverabout the SellerPeriodProperty or after buyer, the known unless expiration tootherwise the of Listing the instructed Listing Brokerage. Period, in writing the by Seller the party agrees to wtohich pay the the information Listing Brokerage the amount of Commission set out above, payable within five (5) days following the Listing Brokerage’s written demand therefor. ission to be disbursed applies or unless failure to disclose would constitute fraudulent,However, unlawful the Seller orcommission unethical further understands practice; will stilland beacknowledges payable. that the Listing Brokerage shall not disclose: • the price the buyer should6. MARKETING: offer or the price The the Seller Seller agrees should to accept; allow andthe Listing Brokerage to show and permit prospective buyers to fully inspect the Property during reasonable • that the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; • the Listing Brokerage shallhours not disclose and the to Seller the buyer gives the the terms Listing of anyBrokerage other*Note offer. the sole if Buyers and exclusive try to right contact to place the “For Seller Sale” and direct “Sold” they sign(s) should upon thebe Pinstructedroperty. The Sellerto speak with the Sellers representative • that the buyer may or will pay more than the offered price, unless otherwise instructed in writing by the buyer; consents to the Listing Brokerage including information in advertising that may identify the Property. The Seller further agrees that the Listing Brokerage However, it is understood that factual market information •about the motivationcomparable of properties or personal and information information about known the to Sellerthe Listing or buyer, Brokerage unless concerning otherwise instructed in writing by the party to which the information shall have sole and exclusive authority to make all advertising decisions relating to the marketing of the Property for sale during the Listing Period. The potential uses for the Property will be disclosed to both Seller applies and orbuyer unless to assistfailure them to disclose to come wouldto their constitute own conclusions. fraudulent, unlawful or unethical practice; Seller agrees that the Listing Brokerage will not be held liable in any manner whatsoever for any acts or omissions with respect to advertising by the • the price the buyer should offer or the price the Seller should accept; and Where a Brokerage representsListing Brokerageboth the Seller or any and other the Buyer party, (multiple other than representation),6. by MARKETING the Listing the Brokerage’s Brokerage shallgross not negligence be entitled or or wilful authorized act. to be agent for either the Buyer7. WARRANTY:or the Seller for theThe purpose Seller represents of giving• the and Listingand receiving warrants Brokerage notices. that shall the Sellernot disclose has the to exclusive the buyer authority the terms and of anypower other to executeoffer. this Authority to offer the Property for buyer and equally MULTIPLE REPRESENTATION AND CUSTOMERHowever, SERVICE: it is understood The Seller that understands factual market and agreesinformation that theabout Listing comparable Brokerage properties also provides and information known to the Listing Brokerage concerning sale and that the Seller haspotential informed uses the for Listing the Property ThisBrokerage section will of be any disclosed explains third party to boththat interests Seller the or and Sellerclaims buyer ongives to the assist Property the them real suchto comeestate as righ to their tscompany of ownfirst conclusions.refusal, exclusive options, rights and permission to place representation andeasements, customer service mortgages, to other encumbrances sellers and buyers. or otherwise If the Listing concerning Brokerage the represents Property, orwhich provides may customeraffect the servi salece of to the more Property. than one seller or buyer8. INDEMNIFICATIONfor the same trade, the The ANDListing SellerWhere INSURANCE: Brokerageagrees a thatBrokerage shall, during Thein writing,the represents Seller Listing willat Period,the notboth earliest hold the the Sellerpracticable Listing shalland Brokerage theadvise opportunity Buyer the and(multipleListing and representatives Brokeragebefore representation), any immediatelyoffer of theis made, the Brokerage ofBrokerage informall enquiries responsible shall not forbe entitled or authorized to be agent all sellers and buyers of the nature of the Listingfor either Brokerage’s the Buyer relationship or the“For Seller to Sale” each for the seller and purpose and “Sold” buyer. of giving signs and on receiving the property notices. and to advertise the property according to company policy. The any loss or damage to the Property or contents occurring during the term of this Agreement caused by the Listing Brokerage or anyone else by any MULTIPLE REPRESENTATION AND CUSTOMER SERVICE: The Seller understands and agrees that the Listing Brokerage also provides 4. FINDERSconsents to FEES: anymeans, Thesuch includingSeller benefit acknowledges beingtheft, received fire thator vandalism, andthe retainedBrokerage other by maythe than Seller Brokeragebe by receiving the will Listing in notadditiona finder’sBrokerage’s be to held thefee, Commissionrewardliablegross negligenceforand/or asthe describedreferral advertising or wilful incentive, above. act. The effortsand Seller the Seller agreofes the to indemnifycompany. and save harmless the Listing Brokeragerepresentation and representatives and customer of the service Brokerage to other and sellers any andco-operating buyers. If brokerage the Listing fromBrokerage any liability, represents claim, or providesloss, cost, customer damage servi or ce to more than one injury, including but not limitedseller orto buyerloss of forthe the Commission same trade, payable the Listing under Brokerage this Agreement, shall, in caused writing, or at contributed the earliest to practicable by the breac opportunityh of any warrantyand before or any offer is made, inform 5. REFERRALfrom any sourceOF ENQUIRIES: whatsoever, and all offers to purchase submitted*Written to the Seller permission shall be immediately from submitted the Seller to the Listingand BrBuyerokerage is before required the Seller if the representative wishes to advertise the representation made by theall Sellersellers in and this buyers Agreement of the or nature the accompanying of the Listing Brokerage’sdata form. The relationship Seller warrants to each the seller Property and buyer.is insured, includingon or personalat the Property accepts or rejects the same.4. If any FINDERS enquiry FEES:during Thethe ListingSeller Periodacknowledges results in thatthe Sellerthe Brokerage accepting may a valid be offerreceiving to purchase a finder’s during fee, the reward Listing Periodand/or or referral incentive, and the Seller liability insurance against any claims or lawsuits resulting from bodily injury or property damage to others caused in any way ss within the Holdover Period after the expiration of the Listing Period,sale price the Seller agrees to pay the Listing Brokerage the amount of Commission set out ms against the Listing above,and payablethe Seller within indemnifies five (5)consents thedays Brokeragefollowing to any the suchand Listing benefitall of Brokerage’sits beingemployees, received written representatives, demandand retained therefor. salespersonsby the Brokerage and inbrokers addition (Listing to the Brokerage) Commission and anyas described co-operating above. brokerage and all of5. its REFERRAL employees, OF representatives, ENQUIRIES: salespersons and brokers (co-operating brokerage) for and against any clai 6. MARKETING:Brokerage or Theco-operating Seller agreesfrom brokerage toany allow source madethe Listingwhatsoever, by anyoneBrokerage and who to all attendsshow offers and orto permitvisitspurchase the prospective Property. submitted buyers to the to Sellerfully inspect shall be the immediately Property during submitted reasonable to the Listing Brokerage before the Seller 9. FAMILYhours andLAW the ACT: Seller The gives Seller the Listinghereby Brokerage warrants thethat sole spousal and exclusiveconsent isright not tonecessary place “For under Sale” the and provisions “Sold” sign(s) of the upon Family the Law Property. Act, R.S.O.The Seller 1990, unle consents to the Listing Brokerageaccepts includingor rejects information the same. inIf7. anyadvertising The WARRANTY enquiry Seller thatagrees during may that theidentify Listingduring the Period theProperty. Listing results The Period, inSeller the the furtherSeller Seller acceptingagree shalls thatadvise a the valid Listingthe offerListing Brokerage to Brokeragepurchase duringimmediately the Listing of all Period enquiries or the shallspouse have of solethe Sellerand exclusive haswithin executed authoritythe Holdover the to consent make Period all hereinafter advertising after the provided.expiration decisions relatingof the Listing to the marketingPeriod, the of Seller the Property agrees for to salepay duthering Listing the ListingBrokerage Period. the The amoun t of Commission set out 10. VERIFICATIONSeller agrees OF that INFORMATION: the above,Listing Brokerage payable The withinwill Seller not five be authorizes held(5) daysliable thefollowing in Listingany manner theBrokerage Listing whatsoever Brokerage’sto obtain for anyany written actsinformation or demandomissions affecting therefor. with respec the Propertyt to advertising from any by regulatory the Listing Brokerage6. MARKETING:or any other party, The other Seller than agrees by the Thisto Listing allow section Brokerage’sthe Listing ensures Brokerage gross negligence that to showthe or people andwilful permit act. signing prospective actually buyers haveto fully theinspect authority the Property to during sell the reasonable property. It also goes on authorities, governments, mortgagees or others and the Seller agrees to execute and deliver such further authorizations in this regard as may be instructs and directs reasonably required. The hoursSeller andhereby the appointsSeller gives the the Listing Listingto Brokerage confirm Brokerage or thethe soleListing disclosure and Brokerage’s exclusive of right authorizedany to third place representative “Forparty Sale” claims and as “Sold”t heto Seller’s the sign(s) propertyattorney upon the to Psuchroperty. as Theeasements, Seller mortgages encum- execute7. WARRANTY:suchsale documentation and that Thetheconsents Seller as mayhasrepresents to informed bethe necessary Listing and the warrantsBrokerage Listing to effect Brokeragethat includingobtaining the Seller of any informationhasany third theinformation exclusive party in interestsadvertising authorityas aforesaid. or claims andthat power mayThe on the Selleridentify to Property execute hereby the suchthisProperty. authorizes, Authority as righ Thets to of Seller offerfirst threfusal,furthere Property agreeoptions, fors that the Listing Brokerage the above notedeasements, regulatory mortgages,shall authorities, have encumbrances sole governments, and exclusive or otherwise mortgagees authority concerning to or make others the all toProperty, advertising release which any decisions and may all affect informationrelating the sale to the ofto thethemarketing Property. Listing Broof thekerage. Propertyon or for at thesale Property during the Listing Period. The 11. USE AND DISTRIBUTIONSeller OF INFORMATION:agrees that the Listing Brokeragebrances will not etc. be held liable in any manner whatsoever for any acts or omissions with respect to advertising by the 8. INDEMNIFICATIONany loss orListing damage Brokerage to AND the Property INSURANCE: or any or other contents Theparty, Selleroccurring other will than during not by hold the the termListing Listing of Brokerage’sthis Brokerage Agreement andgross caused representatives negligence by the Listing or of wilful the Brokerage Brokerage act. msor a responsibleagainstnyone else the medium forbyListing anyoperty; including such theother Internet; use of the purpose of listing7. and WARRANTY: marketing the The Property Seller including, represents but and not warrants limited to: that listing the Sellerand advertising has the exclusive the Property authority using and any power to execute this Authority to offer the Property for disclosing Propertymeans, information including to prospectivetheft, fire or buyers, vandalism, brokerages, other than salespersons by the Listing and Brokerage’s others who gross may negligenceassist in the or sale wilful of theact. PrThe Seller agrees to indemnify and save harmlesssale the andListing that Brokerage the Seller and has representatives informed the Listingof the BrokerageBrokerage and of any any thirdco-operating party interests brokerage or claims from any on liability,the Property claim, such loss, as cost, righ damagets of first or refusal, options, injury, including but not limited to loss of the Commission payable under this Agreement, caused or contributed to by the breach of any warranty or easements, mortgages, encumbrances The Seller8. consents or INDEMNIFICATION otherwise to the concerning collection, usethe andProperty, disclosure AND which of may personalINSURANCE affect information the sale of bythe the Property. Brokerage for 8.representation INDEMNIFICATION made by the AND Seller INSURANCE: in this Agreement The or Seller the accompanying will not hold the data Listing form. Brokerage The Seller andwarrants representatives the Property of is the insured, Brokerage including responsible sspersonal for liability insurance against any claims or lawsuits resulting from bodily injury or property damage to others caused in any way INITIALSandany the loss Seller OFor damage LISTINGindemnifies to BROKERAGE:the the Property Brokerage orThis contents and sectionall of occurring its employees, provides during representatives, thethat term salespeople of this salespersons INITIALSAgreement cannot OF andcaused SELLER(S):brokers be by held (Listingthe Listing liable Brokerage) Brokerage for theand oranycondition a nyoneco-operating else of by the any property or damages that The trademarks REALTOR®, REALTORS®,means, MLS®, including Multiple theft, Listing fire Services® or vandalism, and associated other logos than are owned by the or controlledListing byBrokerage’s gross negligence or wilful act. The Seller agrees to indemnify and save The Canadian Real Estate Associationbrokerage (CREA) and and identify all of the its real employees, estate professionals representatives, who are members salespersons of CREA and and the brokers (co-operating brokerage) for and against any clai ® Dec/2018 quality of services they provide. Used under license. © 2019, Ontario Real Estate Association harmless(“OREA”).Brokerage Allthe rights orListing co-operating reserved. Brokerage This form brokerage wasand developed representatives mademay by byoccurOREA anyone for of the whilethe whouse Brokerage and attends the reproduc property or andtion visits any the co-operating Property.is on the brokeragemarket unlessfrom anyinstructs it liability, was and due claim, directs to l oss,the cost, Listing damage Brokerages or gross negligence by its members and licensees only. Any otherinjury, use orincluding reproduction but is prohibitednot limited except to withloss prior of the written Commission consent of OREA. payable The Do Sellernot underalter consents this Agreement, to the collection, caused use orand contributed disclosure ofto personal by the breac informationh of any by warrantythe BrokerageWEBForms or for when printing or reproducing the standardrepresentation pre-set portion. OREA made bears by no the liability Seller for inyour this useor Agreementof athis willful form. or act. the accompanying data form. The Seller warrants the Property is insured, including personal 9. FAMILYthe spouse LAW of ACT:the Seller The Sellerhas executed hereby warrantsthe consent that hereinafter spousal consent provided. is not necessary under the provisions medium of theincluding Family theLaw Internet; Act,Form R.S.O. 200 1990, Revised unle 2019 Page 2 of 3 liability insurance against any claims or lawsuits resulting from bodily injury or property damage to others caused in any way and10. the VERIFICATIONSeller indemnifies OF the INFORMATION: Brokerage*This and The allalso Sellerof its confirms employees,authorizes the representatives,the Listing Seller Brokerage has salespersons toinsurance obtain any and information tobrokers operty;cover (Listing affecting such any otherBrokerage) injury the use Property of and or from propertyany any co-operating regulatory damage that may occur brokerageauthorities, and all of governments, its employees, mortgagees representatives, or others salespersons and the Seller and agrees brokers to execute(co-operating and deliver brokerage) such further for and authorizations against any in clai this regard as may be reasonably required. The Seller hereby appoints the Listing Brokerage or the Listing Brokerage’s authorized representative as the Seller’s attorney to Brokerage orexecute co-operating such documentation brokerage made as may by be anyone necessary who to attends effect obtainingor visits the any Property. information as aforesaid. The Seller hereby authorizes, 9. FAMILY LAW ACT: the above The notedSeller regulatoryhereby warrants authorities, that governments,spousal consent mortgagees is not necessary or others underto release the provisionsany and all of information the Family to Law the ListingAct, R.S.O. Brokerage. 1990, unle the spouse of the Seller has executed the consent9. FAMILY hereinafter LAWprovided. ACT 10. VERIFICATION11. USEOFthe purposeANDINFORMATION: DISTRIBUTION of listing and The marketingINITIALS OF Seller INFORMATION: theauthorizes OF Property LISTING theincluding, BROKERAGE:Listing butBrokerage not limited to to: obtain listing any and information advertising theaffecting Property INITIALSthe using Property any OF from SELLER(S): any regulatory authorities, governments,disclosing mortgagees Property information or othersThis andto sectionprospective the Seller states buyers,agrees brokerages,thatto execute if spousal andsalespersons deliver Formconsent such and200 furtherothers is Revised required who authorizations 2019may assist than Page in in the thethis2 ofsale regard spouse3 of the as Pr mayhas besigned in the designated area. reasonably required. The Seller hereby appoints the Listing Brokerage or the Listing Brokerage’s authorized representative as the Seller’s attorney to execute such documentation as may be necessary to effect obtaining any information as aforesaid. The Seller hereby authorizes, *Note even if only one spouse is on title the other spouse will be requiredon or at theto signProperty if it’s the matrimonial home the above noted regulatory authorities, governments, mortgagees or others to release any and all informationWEBForms to the Listing Brokerage. 11. USE AND DISTRIBUTION OF INFORMATION: The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by ® Dec/2018 The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the ms against the Listing the purpose of listing and marketingquality of servicesthe Property they provide. including, Used under but license. not limited to: listing and advertising the Property using any disclosing Property information to prospective buyers,10. brokerages,VERIFICATION salespersons and OF others INFORMATION who may assist in the sale of the Pr © 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 theThis standard The section Sellerpre-set portion.consents gives OREA tothe bears the nocollection,salesperson liability for youruse useand theof thisdisclosure form.authority of personal to obtain information and by use the Brokerageany information for ss regarding the property

The trademarks REALTOR®, REALTORS®,INITIALS MLS®, OF MultipleLISTING Listing BROKERAGE: Services®that may and associated be required logos are owned to helpor controlled the by sale or marketability INITIALS OF SELLER(S): of the property. The Canadian® Listing, Real toEstate placement Association of (CREA) and identify the real estate professionals who are members of CREA and the quality of services they provide. Used under license. © 2019,an Ontario MLS Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction instructs and directs by its members and licenseesvirtual only.tours, Any drawings, other use or reproduction is prohibited*It except gives with priorthe written salesperson consent of OREA. the Do noauthorityt alter to get information from governments, mortgage etc on the Seller’s when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form. behalf. medium including the Internet; operty; such other use of ® System of the appropriate Board, and to the posting of knowledges that the database, 11. USE AND DISTRIBUTION OF INFORMATION

listing and thereafter, This section gives the Salesperson the right under the Privacy Act to use personal information provided to them by the Seller in order to assist in the Formtransaction 200 Revised provided 2019 Pageit won’t 2 of be3 given to any third parties. and listing descriptions which ® and thereafter. The Seller *This includes putting information, photography and other detailed information on the MLS system be stored on databases WEBForms ® Dec/2018 ® System and retain, reproduce and display photographs, images, the Seller’s personal information as is consistent with listing and marketing of the Property. The Seller consents, if this is LISTING EXPIRY the listing information and sales information by the Brokerage into the database(s) of the MLS any documents and other information (including, without limitation, photographs, images, graphics, audio and video recordings, floor® plans,System architectural of the appropriate designs, Board. artistic The renderings, Seller hereby surveys indemnifies and listing anddescriptions) saves harmless provided the Brokerageby or on behalfand/or of theany Selleof itsr intoemployees, the database(s) servants, ofbrokers the Does Does Not MLS ® System is the property of the real estate board(s) and can be licensed, resold, or otherwise dealt with by the board(s). The Seller or sales representatives from any and all claims, liabilities, suits, actions, losses, costs and legal fees caused by, or arisi ng out of, or resulting from the This section says you “do” or “do not” consent to other real estate companies contacting you in the event this posting of any documents or other information (including, without limitation, photographs, images, graphics, audio and video Does recordings, virtual Does tours, Not drawings, floor plans, architectural designs, artistic renderings, surveys and listing descriptions) as aforesaid. The Seller ac listing agreement expires or is canceled. within the board’s® System MLS to any persons authorized to use such service which may include other brokerages, government departments, appraisers, municipal further acknowledges that the real estate board(s) may: during the term of the listing and thereafter, distribute the information in the database, within the board’s MLS organizations and others; market the Property, at its option, in any medium, including electronic media; during the term of the compile, retain and publish any statistics including historical data within the board’s MLS the Seller by electronic graphics, audio and video recordings, virtual tours, drawings, floor plans, architectural designs, artistic renderings, surveys may be used by board members to conduct comparative analyses; and make such other use of the information as the BrokerageThe trademarks and/o REALTORr real estate®, REALTORS ®, MLS®, Multiple Listing Services® and associated logos are owned or controlled by The Canadian Real Estate Association (CREA) and identify the board(s) deem appropriate, in connection with the listing, marketing and selling of real estate during the term of the listingreal estate professionals who are members of CREA and the quality of services they provide. Used under license. acknowledges that the information, personal or otherwise (“information”), provided to the real estate board or association© may 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 located outside of Canada, in which case the information would be subject to the laws of the jurisdiction in which the information is located. 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. In the event that this Agreement expires or is cancelled or otherwise The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. Form 200 Revised 2019 22 terminated and the Property is not sold, the Seller, by initialling: If there is any conflict or discrepancy between any provision added to this© TRILLIUM AgreementWEST (including 2019 | PLAIN any LANGUAGE Schedule FORM WEBForms® Dec/2018 consent to allow other real estate board members to contact the Seller after expiration or other termination of this Agreement to discuss listing or otherwise marketing the Property.

12. SUCCESSORS AND ASSIGNS: 13. CONFLICTattached hereto) OR DISCREPANCY: and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent of such conflict or discrepancy. This Agreement, including any Schedule attached hereto, shall constitute(Name the entire of Person Agre Signing)ement between the Seller and the Listing Brokerage. There is no representation, warranty, collateral agreement or condition which affects this Agreement other than as expressed herein.

14. ELECTRONICby means of electronic COMMUNICATION: systems, in which This case Agreement signatures and shall any agreements,be deemed to notices be original. or other The communications transmission of contemplated this Agreement thereby by may be transmitted means shall be deemed to confirm the Seller has retained a true copy of the Agreement.

15. ELECTRONICelectronic signature SIGNATURES: with respect If thisto this Agreement Agreement has pursuant been signed to the with Electronic an electronic Commerce signature Act, 2000,the parties S.O. hereto 2000, consent c17 as and amended agree fromto the time use toof time.such

16. SCHEDULE(S): ...... and data form attached hereto form(s) part of this Agreement. THE LISTING BROKERAGE AGREES TO MARKET THE PROPERTY ON BEHALF OF THE SELLER AND REPRESENT THE SELLER IN AN ENDEAVOUR TO OBTAIN A VALID OFFER TO PURCHASE THE PROPERTY ON THE TERMS SET OUT IN THIS AGREEMENT OR ON SUCH OTHER TERMS SATISFACTORY TO THE SELLER. Any representations contained herein or as shown on the accompanying data form respecting the Property are true to the ...... (Authorized to bind the Listing Brokerage) (Date)

THIS AGREEMENT HAS BEEN READ AND FULLY UNDERSTOOD BY ME, I ACCEPT THE TERMS OF THIS AGREEMENT AND I ACKNOWLEDGE ON THIS DATE I HAVE SIGNED UNDER SEAL. best of my knowledge, information and belief.

SIGNED, SEALED AND DELIVERED I have hereunto set my hand and seal: (Seal) (Date) (Tel. No.)

...... (Seal) (Date) (Tel. No.) (Signature of Seller) DECLARATION OF INSURANCE ...... (Signature of Seller) (Name of Salesperson/Broker/Broker of Record) SPOUSAL CONSENT: The undersigned spouse of the Seller hereby consents to the listing of the Property herein pursuant to the, 20 provisions …...... …… of the Family Law Act, R.S.O. 1990 and hereby agrees to execute all necessary or incidental documents to further any transaction provided for herein.

...... (Spouse) (Seal) ACKNOWLEDGEMENT (Date) (Tel. No.) ® Dec/2018

The Salesperson/Broker/Broker of Record ...... WEBForms Form 200 Revised 2019 Page 3 of 3 hereby declares that he/she is insured as required by REBBA...... (Signature(s) of Salesperson/Broker/Broker of Record)

The Seller(s) hereby acknowledge that the Seller(s) fully understand the terms of this Agreement and have received a copy of this Agreement on the ……...... day of ……………...... …...... …………

...... (Signature of Seller) (Date) ...... (SignatureThe trademarksof Seller) REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or(Date) 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.

® System of the appropriate Board, and to the posting of

® Listing, to placement of knowledges that the database, an MLS virtual tours, drawings, listing and thereafter,

and listing descriptions which ® System of the appropriate Board, and to the posting of and thereafter. The Seller knowledges that the database, be stored on databases

® System and retain, reproduce and display photographs, images, the Seller’s personal information as is consistent listing with and listing thereafter, and marketing of the Property. The Seller consents, if this is the listing information and sales information by the Brokerage into the database(s) of the MLS any documents and other information (including, without limitation, photographs, images, graphics, audio and video recordings, and listing descriptions which floor® plans,System architectural of the appropriate designs, Board. artistic The renderings, Seller hereby surveys indemnifies and listing anddescriptions) saves harmless provided the Brokerageby or on behalfand/or of theany Selleof itsr intoemployees, the database(s) servants, ofbrokers the MLS ® System is the andproperty thereafter. of the Thereal Seller estate board(s) and can be licensed, resold, or otherwise dealt with by the board(s). The Seller or sales representatives from any and all claims,be stored liabilities, on databases suits, actions, losses, costs and legal fees caused by, or arisi ng out of, or resulting from the posting of any documents or other information (including, without limitation, photographs, images, graphics, audio and video Does recordings, virtual Does tours, Not ® Systemdrawings, and retain, floor reproduceplans, architectural and display designs, photographs,the artistic Seller’s renderings, images, personal surveys information and listing as is descriptions)consistent with as listingaforesaid. and The marketing Seller ac of the Property. The Seller consents, if this is the Seller’s personal information as is consistent with listing and marketing of the Property. The Seller consents,within if the this board’s is ® System MLS to any persons authorizedthe listing to informationuse such service and whichsales informationmay include byother the brokerages, Brokerage governmentinto the database(s) departments, of the appraisers, MLS municipal the listing information and sales information by the Brokerage into the database(s) of the MLS further acknowledges that the real estate anyboard(s) documents may: during and other the term information of the listing (including, and thereafter, without distribute limitation, the photographs, information in images, the database, graphics, within audio the and video recordings, any documents and other information (including, without limitation, photographs, images, graphics, audioboard’s and video MLS recordings, floor plans, architectural designs, artistic renderings, surveys and listing descriptions) provided by or on behalf of the Seller into the database(s) of the organizations and others; market the MLSProperty,® at its option, in any medium, including electronic media; during the term of the floor® plans,System architectural of the appropriate designs, Board. artistic The renderings, Seller hereby surveys indemnifies and listing anddescriptions) saves harmless provided the Brokerageby or on behalfand/or of theany Selleof itsr intoemployees, the database(s) servants, ofbrokers the System of the appropriate Board. The Seller hereby indemnifies and saves harmless the Brokerage and/or any of its employees, servants, brokers MLS compile, retain and publish any statisticsor sales including representatives historical datafrom withinany and the allboard’s claims, MLS liabilities, suits, actions, losses, costs and legal fees caused by, or arising out of, or resulting from the ® System is the property of the real estate board(s) and can be licensed, resold, or otherwise dealt with by the board(s). The Seller the Seller by electronic or sales representatives from any and all claims, liabilities, suits, actions, losses, costs and legal fees causedgraphics, by, or audioarisi ng and out videoof, or recordings,resultingposting from virtual theof any tours, documents drawings, or floor other plans, information architectural (including, designs, without artistic limitation, renderings, photographs, surveys images, graphics, audio and video recordings, virtual tours, posting of any documents or other information (including, without limitation, photographs, images, graphics,may audio be used and by video board Does re cordings,members drawings, virtual to Does conduct tours, Not floor comparative plans, architecturalanalyses; and designs, make such artistic other renderings, use of the surveysinformation and aslisting the Brokeragedescriptions) and/o as raforesaid. real estate The Seller ac board(s) deem appropriate, in connection with the listing, marketing and selling of real estate during the term of the listing drawings, floor plans, architectural designs, artistic renderings, surveys and listing descriptions) as aforesaid. The Seller ac within the board’s MLS ® within the board’s® System MLS to any persons authorized to use such service which may include other brokerages,acknowledges government departments, that the information, appraisers,further personalacknowledges municipal or otherwise that the (“information”), real estate board(s) provided may: to the during real estatethe term board of the or listingassociation and thereafter,may distribute System of the the informati appropriateon in Board,the database, and to thewithin posting the of located outside of Canada, in which case the information® would be subject to the laws of the jurisdiction in which the information is located. an MLS further acknowledges that the real estate board(s) may: during the term of the listing and thereafter, distribute the information in the database,board’s MLS within the System is the property of the real estate board(s) and can be licensed, resold, or otherwise dealt with by the® board(s). Listing, to The placement Seller of ® 12. SUCCESSORS AND ASSIGNS board’s MLS In the event that this Agreementorganizations expires andSystem or isothers; cancelled to any market persons or otherwisethe Property,authorized at toits useoption, such in service any medium, which may including include electronic other brokerages, media; during government the term departments,of the appraisers, municipal organizations and others; market the Property, at its option, in any medium, including electronic media; during the term of the The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. terminated and the Propertycompile, is not retain sold, and the publishSeller, byany initialling: statistics including historical data within the board’s MLS virtual tours, drawings, compile, retain and publish any statistics including historical data within the board’s MLS If there is any conflict or discrepancy between any provision added to this Agreement (including any Schedule graphics, audio and videothe Seller recordings, Thisby electronic states virtual tours,that drawings,the heirs, floor estate plans, architecturaltrustee or designs, any otherartistic renderings,party legally surveys acting on behalf of the Seller must also graphics, audio and video recordings, virtual tours, drawings, floor plans, architectural designs, artistic renderings,consent to surveysallow othermay real be estateused byboard board members members to contactto conduct the comparativeSeller after expiration analyses; or and make such other use of the information as the Brokerage and/or real estate may be used by board members to conduct comparative analyses; and make such other use of the informationother termination as the Brokerage ofboard(s) this and/oAgreement deemr real appropriate, toestate discuss listing in connectionabide or otherwise by with the marketingthe terms listing, the marketingof Property. this agreement.and selling of real estate during the term of the listing board(s) deem appropriate, in connection with the listing, marketing and selling of real estate during the term of the listingacknowledges that the information, personal or otherwise (“information”), provided to the real estate board or association may acknowledges that the information, personal or otherwise (“information”), provided to the real estate board or association may located outside of Canada, in which case the information would be subject to the laws of the jurisdiction in which the informationknowledges is located. that the database, located outside of Canada, in which case the information would be subject to the laws of the jurisdiction12. SUCCESSORSin which the informat AND ionASSIGNS: is located. *Extra time may be required to close in order for probate to happen. 13. CONFLICT OR DISCREPANCY: In the event that this Agreement expires or is cancelled or otherwise attached hereto)In the and event any that provision this Agreement in the standard expires pre-set or is cancelledportion hereof, or otherwise the added provision shall supersede® System the and standard retain, pre reproduce-set provision and todisplay the photographs, images, The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. (Name of Person Signing) terminated and the Property is not sold, the Seller, by initialling: extent of suchterminated conflict and or thediscrepancy. Property isThis not Agreement, sold, the Seller,including by initialling:any Schedule attached hereto, shall constitute the entire Agreement between the If there is any conflict or discrepancy between any provision Selleradded and to this the ListingAgreement Brokerage. (including There any is Scheduleno representation, warranty, collateral agreement or condition which affects this Agreement other than as consent to allow other real estate board members to contact the Seller after expiration or expressedconsent herein. to allow other real estate board13. CONFLICTmembers to contact OF the Seller DISCREPANCY after expiration or listing and thereafter, other termination of this Agreement to discuss listing or otherwise marketing the Property. other termination of this Agreement to discuss listing or otherwise marketing the Property. and listing descriptions which 14.12. ELECTRONICby SUCCESSORS means of electronic COMMUNICATION: AND systems, ASSIGNS: in which This Thiscase Agreement signatures section and shall anystates agreements,be deemed that anythingto notices be original. or other handwritten The communications transmission or of contemplated addedthis Agreement to thisthereby by form may beshall transmitted supersede the pre-printed clauses. 12. SUCCESSORS AND ASSIGNS: 13. CONFLICTmeans shall beOR deemed DISCREPANCY: to confirm the Seller has retained a true copy of the Agreement. and thereafter. The Seller 13. CONFLICTattached hereto) OR DISCREPANCY: and any provision in the standard pre-set portion hereof, the added provision shall supersedeattached hereto)the standard and any pre -setprovision provision in theto the standard pre-set portion hereof, the added provision shall supersede the standard pre-set beprovision stored onto thedatabases 15. ELECTRONICelectronic signature SIGNATURES: with respect If thisto The this Agreement heirs, Agreement executors, has pursuant been administrators, signed to the with Electronic an successors electronic Commerce andsignature assignsAct, 2000,the of parties the S.O. undersigned hereto 2000, consent c17 are as andboundamended agree by fromtothe the terms time use toof time.suchthis Agreement. extent of such conflict or discrepancy. This Agreement, including any Schedule attached hereto, shallextent constitute of such(Name the conflict entire of Person orAgre discrepancy.Signing)ement between 14.This the ELECTRONICAgreement, including any COMMUNICATION Schedule attached hereto, shall constitute the entire Agreement between the Seller and the Listing Brokerage. There is no representation, warranty, collateral agreement or conditionSeller andwhich the affects Listing this Brokerage. Agreement There other If thereis than no is representation,as any conflict orwarranty, discrepancy collateral between agreement any provision or condition added which to this affects Agreement this Ag (includingreement otherany Schedulethan as expressed herein. 16. SCHEDULE(S): ...... and data form attached hereto form(s) part of this Agreement. expressed herein. This section just allows this agreement to be sent electronically Does Does and Not it will still be legally binding 14. ELECTRONICTHE LISTING COMMUNICATION: BROKERAGE AGREES TO This MARKET Agreement THE PROPERTY and any ONagreements, BEHALF OF notices THE SELLER or other AND communications REPRESENT THE contemplated SELLER IN AN thereby ENDEAVOUR may be TO transmitted OBTAIN 14. ELECTRONICby means of electronic COMMUNICATION: systems, in which This case Agreement signatures and shall any agreements,be deemed to notices be original. or other The communications transmissionA VALID OFFERof contemplated this AgreementTO PURCHASE thereby by THE may PROPERTY be transmitted ON THE TERMS SET OUT IN THIS AGREEMENT OR ON SUCH OTHER TERMS SATISFACTORY TO THE SELLER. by means of electronic systems, in whichAny case representations signatures shall contained be deemed herein toor beas shownoriginal. on Thethe accompanyingtransmission of data this formAgreement respecting by the Property are true to the means shall be deemed to confirm the Seller has retained a true copy of the Agreement. means shall be deemed to confirm the Seller has retained a true copy of the Agreement. 15. ELECTRONIC...... SIGNATURES: If this Agreement has been signed with an ...... electronic signature ...... the parties ...... hereto consent and agree to the use of such (Authorized to bind the Listing Brokerage)15. SCHEDULE(S) (Date) 15. ELECTRONICelectronic signature SIGNATURES: with respect If thisto this Agreement Agreement has pursuant been signed to the with Electronic an electronic Commerce signature Act, 2000,the parties S.O. hereto 2000, consent c17 as and amended agree fromto the time use toof time.such electronic signatureTHIS AGREEMENT with respect HAS toBEEN this READAgreement AND FULLY pursuant UNDERSTOOD to the Electronic BY ME, Commerce I ACCEPT THE Act, TERMS 2000, OF S.O. THIS 2000, AGREEMENT c17 as ANDamended I ACKNOWLEDGE from time to ONtime. THIS DATE 16. SCHEDULE(S):I HAVE ...... SIGNED UNDER SEAL. If specific forms or documents and data are form added attached to heretothe agreement; form(s) part of theythis Agreement. would be detailed here 16. SCHEDULE(S): ...... and data form attached hereto form(s) part of this Agreement. THE LISTING BROKERAGEbest of AGREESmy knowledge, TO MARKET information THE PROPERTY and belief. ON BEHALF OF THE SELLER AND REPRESENT THE SELLER IN AN ENDEAVOUR TO OBTAIN THE LISTING BROKERAGE AGREES TO MARKET THE PROPERTY ON BEHALF OF THEA VALID SELLER OFFER AND REPRESENTTO PURCHASE THE THESELLER PROPERTY IN AN ENDEAVOUR ON THE TERMS TO OBTAIN SET OUT IN THIS AGREEMENT OR ON SUCH OTHER TERMS SATISFACTORY TO THE SELLER. A VALID OFFER TO PURCHASE THE PROPERTY ON THE TERMS SET OUT IN THIS AGREEMENT OR ON SUCHSIGNED, OTHER SEALED TERMS AND SATISFACTORY DELIVERED TO I have THE hereunto SELLER . set my hand and seal: (Seal) (Date) (Tel. No.) Any representations contained herein or as shown on the accompanying data form respecting the Property are true to the ...... This section states ...... the listing ...... company ...... will use...... its best efforts ...... to market the property to obtain an offer ...... (Signature of Seller) (Seal) (Date) (Tel. No.) (Authorized to bind the Listing Brokerage) (Date)(Authorized to bind the Listing Brokerage) (Date) DECLARATION OF INSURANCE the Seller by electronic acceptable to the Seller. The Salesperson must sign on behalf of the company. THIS AGREEMENT HAS BEEN READ AND FULLY UNDERSTOOD BY ME, I ACCEPTTHIS AGREEMENT THE TERMS HASOF THIS BEEN AGREEMENT...... READ AND AND FULLY I ACKNOWLEDGE UNDERSTOOD ONBY ME,THIS I DATEACCEPT THE TERMS OF THIS ...... AGREEMENT AND...... I ACKNOWLEDGE ...... ON THIS DATE I HAVE SIGNED UNDER SEAL. (Signature of Seller) (Name of Salesperson/Broker/Broker of Record) I HAVE SIGNED UNDER SEAL. best of my knowledge, information and belief. best of my knowledge, informationSPOUSAL and belief. CONSENT: The undersigned spouse of the Seller hereby consents to the listing of the Property herein pursuant to the, 20 provisions …...... …… of the Family SIGNED, SEALED AND DELIVEREDAnyLaw Irepresentations have Act, hereuntoR.S.O. 1990 setcontained myand hand hereby herein and agrees seal:or as to shown execute on all the necessary accompanying or incidental data formdocuments respecting to further the Propertyany transaction are true provided to the for herein. SIGNED, SEALED AND DELIVERED I have hereunto set my hand and seal: (Seal) (Date) (Tel. No.) THE DECLARATION OF INSURANCE: ...... ACKNOWLEDGEMENT...... (Signature of Seller) (Signature (Seal) of Seller) (Date) (Spouse) (Tel. No.) By signing this the Salesperson is stating(Seal) (Date) they carry insurance as (Tel. required No.) by REBBA. This is one of the DECLARATION OF INSURANCE (Name of Person Signing) ® Dec/2018 ...... many benefits (Seal) ...... (Date)of using organized...... real estate...... (Tel. No.) (Signature of Seller) (Signature of Seller) (Name of Salesperson/Broker/BrokerThe of Salesperson/Broker/Broker Record) of Record ...... WEBForms , 20 …...... …… SPOUSAL CONSENT: The undersigned spouse of the Seller hereby consents to the listing of the Property herein pursuant to the (Seal) provisions (Date) of the F amily (Tel. No.) Form 200 Revised 2019 Page 3 of 3 SPOUSAL CONSENT: The undersigned spousehereby of the declaresSeller hereby that he/she consents is insured to the listingas required of the by Property REBBA. herein pursuant to the provisions of the Family Law Act, R.S.O. 1990 and hereby agrees to execute Lawall necessary Act, R.S.O. or incidental 1990 and documents hereby agrees to further to anyexecute transaction all necessary provided or forincidental herein. documents to further any transaction provided for herein...... (Spouse) ...... (Seal) ACKNOWLEDGEMENT (Date) (Tel. No.) ...... (Signature(s) of Salesperson/Broker/Broker of Record) (Spouse) (Seal) (Date) (Tel. No.) ® Dec/2018 The Seller(s) hereby acknowledge that the Seller(s) fully understand the terms of this Agreement and have received a copy of this Agreement The Salesperson/Broker/Broker of Record ...... WEBForms The Salesperson/Broker/Broker of Record ...... on the ……...... Formday of 200 ……………...... …...... ………… Revised 2019...... Page 3 of 3 hereby declares that he/she is insured as required by REBBA. hereby declares that he/she is insured as required by REBBA...... DECLARATION(Signature...... of Seller) OF INSURANCE (Date) ...... (Signature(s) of Salesperson/Broker/Broker...... of Record) ...... (Signature (Signature(s)The trademarksof Seller) o fREALTOR®, Salesperson/Broker/Broker REALTORS®, MLS®, Multiple of Record) Listing Services® and associated logos are owned or(Date) controlled by The Canadian Real Estate Association (CREA) and identify the real estate professionals who are members of CREA and the The Seller(s) hereby acknowledge that the Seller(s) fully understand the terms of this Agreement (Nameand qualityhave of Salesperson/Broker/Broker ofreceived services they a provide. copy Usedof thunder isof Record)Agreementlicense. The Seller(s) hereby acknowledge that the Seller(s) fully understand the terms of this Agreement and have received a copy of this Agreement © 2019, Ontario Real Estate Association (“OREA”). All rights reserved. This form was developed by OREA for the use and reproduction on the ……...... day of ……………...... …...... …………by its members and licensees only. Any other use or reproduction is prohibited except with prior written consent of OREA. Do not alter on the ……...... day of ……………...... …...... …………when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form...... (Signature of Seller) (Date) ...... ACKNOWLEDGEMENT...... (Signature of Seller) ...... (Date) ...... (SignatureThe trademarksof Seller) REALTOR®, REALTORS®, MLS®, Multiple Listing Services® and associated logos are owned or(Date) controlled by The Canadian Real...... Estate Association (CREA) and identify the real estate professionals who are members of CREA and the ...... quality of services(Signature they provide. of UsedSeller) under license. (Date)

© 2019, Ontario Real Estate TheAssociation trademarks (“OREA”). REALTOR®, All rights REALTORS®, reserved. This MLS®, form wasMultiple developed Listing byServices® OREA for and the associateduse and reproduc logos tionare owned or controlled by by its members and licenseesThe only. Canadian Any other Real use Estate or reproduction Association is prohibited(CREA) and except identify with the prior real written estate consent professionals of OREA. who Do are not membersalter of CREA and the quality of services they provide. Used under license. when printing or reproducing© 2019, Ontario the standard Real Estate pre-set Association portion. OREA (“OREA”). bears no All liability rights forreserved. your use This of thisform 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 , 20 …...... …… when printing or reproducing the standard pre-set portion. OREA bears no liability for your use of this form.

Form 200 Revised 2019 Page 3 of 3

WEBForms ® Dec/2018

Form 200 Revised 2019 23 © TRILLIUMWEST 2019 | PLAIN LANGUAGE FORM WEBForms® Dec/2018 Agreement of Purchase and Sale FORM 100 Agreement of Purchase and Sale

Form 100 for use in the Province of Ontario

This Agreement of Purchase and Sale dated this ...... day of ...... 20......

BUYER: ...... , agrees to purchase from (Full legal names of all Buyers)

SELLER: ...... , the following (Full legal names of all Sellers)

REAL PROPERTY:

Address ...... fronting on the ...... side of ...... in the ...... and having a frontage of ...... more or less by a depth of ...... more or less and legally described as ......

...... (the “property”) (Legal description of land including easements not described elsewhere)

PURCHASE PRICE: Dollars (CDN$) ......

...... Dollars

DEPOSIT: Buyer submits ...... (Herewith/Upon Acceptance/as otherwise described in this Agreement)

...... Dollars (CDN$) ...... by negotiable cheque payable to ...... “Deposit Holder” to be held in trust pending completion or other termination of this Agreement 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 24 hours of the acceptance of this Agreement. The parties to this Agreement hereby acknowledge that, unless otherwise provided for in this Agreement, the Deposit Holder shall place the deposit in trust in the Deposit Holder’s non-interest bearing Real Estate Trust Account and no interest shall be earned, received or paid on the deposit.

Buyer agrees to pay the balance as more particularly set out in Schedule A attached.

SCHEDULE(S) A...... attached hereto form(s) part of this Agreement.

1. IRREVOCABILITY: This offer shall be irrevocable by ...... until ...... on the ...... (Seller/Buyer) (a.m./p.m.)

day of ...... 20 ...... , after which time, if not accepted, this offer shall be null and void and the deposit shall be returned to the Buyer in full without interest.

2. COMPLETION DATE: This Agreement shall be completed by no later than 6:00 p.m. on the ...... day of ......

20 ...... Upon completion, vacant possession of the property shall be given to the Buyer unless otherwise provided for in this Agreement.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 3. NOTICES: The Seller hereby appoints the Listing Brokerage as agent for the Seller for the purpose of giving and receiving notices pursuant to this Agreement. Where a Brokerage (Buyer’s Brokerage) has entered into a representation agreement with the Buyer, the Buyer hereby appoints the Buyer’s Brokerage as agent for the purpose of giving and receiving notices pursuant to this Agreement. Where a Brokerage represents both the Seller and the Buyer (multiple representation), the Brokerage shall not be appointed or authorized to be agent for either the Buyer or the Seller for the purpose of giving and receiving notices. Any notice relating hereto or provided for herein shall be in writing. In addition to any provision contained herein and in any Schedule hereto, this offer, any counter-offer, notice of acceptance thereof or any notice to be given or received pursuant to this Agreement or any Schedule hereto (any of them, “Document”) shall be deemed given and received when delivered personally or hand delivered to the Address for Service provided in the Acknowledgement below, or where a facsimile number or email address is provided herein, when transmitted electronically to that facsimile number or email address, respectively, in which case, the signature(s) of the party (parties) shall be deemed to be original.

FAX No.: ...... FAX No.: ...... (For delivery of Documents to Seller) (For delivery of Documents to Buyer)

Email Address: ...... Email Address: ...... [email protected]...... (For delivery of Documents to Seller) (For delivery of Documents to Buyer)

4. CHATTELS INCLUDED:......

Unless otherwise stated in this Agreement or any Schedule hereto, Seller agrees to convey all fixtures and chattels included in the Purchase Price free from all liens, encumbrances or claims affecting the said fixtures and chattels.

5. FIXTURES EXCLUDED:......

6. RENTAL ITEMS (Including Lease, Lease to Own): The following equipment is rented and not included in the Purchase Price. The Buyer agrees to assume the rental contract(s), if assumable:

The Buyer agrees to co-operate and execute such documentation as may be required to facilitate such assumption.

7. HST: If the sale of the property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be

...... the Purchase Price. If the sale of the property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 8. TITLE SEARCH: Buyer shall be allowed until 6:00 p.m. on the ...... day of ...... , 20...... , (Requisition Date) to examine the title to the property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer thatthere are no outstanding

9. FUTURE USE: Seller and Buyer agree that there is no representation or warranty of any kind that the future intended use of the property by Buyer is or will be lawful except as may be specifically provided for in this Agreement.

10. TITLE: Provided that the title to the property is good and free from all registered restrictions, charges, liens, and encumbrances except as otherwise specifically provided in this Agreement and save and except for (a) any registered restrictions or covenants that run with the andl providing that such are complied with; (b) any registered municipal agreements and registered agreements with publicly regulated utilities providing such have been complied with, or security has been posted to ensure compliance and completion, as evidenced by a letter from the relevant municipality or regulated utility; (c) any minor easements for the supply of domestic utility or telecommunication services to the property or adjacent properties; and (d) any easements for drainage, storm or sanitary sewers, public utility lines, telecommunication lines, cable television lines or other services which do not materially affect the use of the property. If within the specified times referred to in paragraph 8 any valid objection to title or to any outstanding work order or deficiency notice, or to the fact the said present use may not lawfully be continued, or that the principal building may not be insured against risk of fire is made in writing to Seller and which Seller is unable or unwilling to remove, remedy or satisfy or obtain insurance save and except against risk of fire (Title Insurance) in favour of the Buyer and any mortgagee, (with all related costs at the expense of the Seller), and which Buyer will not waive, this Agreement notwithstanding any intermediate acts or negotiations in respect of such objections, shall be at an end and all monies paid shall be returned without interest or deduction and Seller, Listing Brokerage and Co-operating Brokerage shall not be liable for any costs or damages. Save as to any valid objection so made by such day and except for any objection going to the root of the title, Buyer shall be conclusively deemed to have accepted Seller’s title to the property.

11. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the property, and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that the exchange of closing funds, non-registrable documents and other items (the “Requisite Deliveries”) and the release thereof to the Seller and Buyer will (a) not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered in connection with the completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance with the terms of a document registration agreement between the said lawyers. The Seller and Buyer irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the Law Society of Ontario. Unless otherwise agreed to by the lawyers, such exchange of Requisite Deliveries shall occur by the delivery of the Requisite Deliveries of each party to the office of the lawyer for the other party or such other location agreeable to both lawyers.

12. DOCUMENTS AND DISCHARGE: Buyer shall not call for the production of any title deed, abstract, survey or other evidence of title to the property except such as are in the possession or control of Seller. If requested by Buyer, Seller will deliver any sketch or survey of the property within Seller’s control to Buyer as soon as possible and prior to the Requisition Date. If a discharge of any Charge/Mortgage held by a corporation incorporated pursuant to the Trust And Loan Companies Act (Canada), Chartered Bank, Trust Company, Credit Union, Caisse Populaire or Insurance Company and which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agrees to accept Seller’s lawyer’s personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same to be registered, on title within a reasonable period of time after completion, provided that on or before completion Seller shall provide to Buyer a mortgage statement prepared by the mortgagee setting out the balance required to obtain the discharge, and, where a real-time electronic cleared funds transfer system is not being used, a direction executed by Seller directing payment to the mortgagee of the amount required to obtain the discharge out of the balance due on completion.

13. INSPECTION: Buyer acknowledges having had the opportunity to inspect the property and understands that upon acceptance of this offer there shall be a binding agreement of purchase and sale between Buyer and Seller. The Buyer acknowledges having the opportunity to include a requirement for a property inspection report in this Agreement and agrees that except as may be specifically provided for in this Agreement, the Buyer will not be obtaining a property inspection or property inspection report regarding the property.

14. INSURANCE: All buildings on the property and all other things being purchased shall be and remain until completion at the risk of Seller. Pending completion, Seller shall hold all insurance policies, if any, and the proceeds thereof in trust for the parties as their interests may appear and in the event of substantial damage, Buyer may either terminate this Agreement and have all monies paid returned without interest or deduction or else take the proceeds of any insurance and complete the purchase. No insurance shall be transferred on completion. If Seller is taking back a Charge/ Mortgage, or Buyer is assuming a Charge/Mortgage, Buyer shall supply Seller with reasonable evidence of adequate insurance to protect Seller’s or other mortgagee’s interest on completion.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 15. PLANNING ACT: This Agreement shall be effective to create an interest in the property only if Seller complies with the subdivision control provisions of the Planning Act by completion and Seller covenants to proceed diligently at Seller’s expense to obtain any necessary consent by completion.

16. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer. If requested by Buyer, Seller covenants that the Transfer/Deed to be delivered on completion shall contain the statements contemplated by Section 50(22) of the Planning Act, R.S.O.1990.

17. RESIDENCY: (a) Subject to (b) below, the Seller represents and warrants that the Seller is not and on completion will not be a non-resident under the non-residency provisions of the Income Tax Act which representation and warranty shall survive and not merge upon the completion of this transaction and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the amount, if any, necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the non-residency provisions of the Income Tax Act by reason of this sale. Buyer shall not claim such credit if Seller delivers on completion the prescribed certificate.

18. ADJUSTMENTS: Any rents, mortgage interest, realty taxes including local improvement rates and unmetered public or private utility charges and unmetered cost of fuel, as applicable, shall be apportioned and allowed to the day of completion, the day of completion itself to be apportioned to Buyer.

19. PROPERTY ASSESSMENT: The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the property, save and except any property taxes that accrued prior to the completion of this transaction.

20. TIME LIMITS: Time shall in all respects be of the essence hereof provided that the time for doing or completing of any matter provided for herein may be extended or abridged by an agreement in writing signed by Seller and Buyer or by their respective lawyers who may be specifically authorized in that regard.

21. TENDER: Any tender of documents or money hereunder may be made upon Seller or Buyer or their respective lawyers on the day set for completion. Money shall be tendered with funds drawn on a lawyer’s trust account in the form of a bank draft, certified cheque ro wire transfer using the Large Value Transfer System.

22. FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the Family Law Act, R.S.O.1990 unless the spouse of the Seller has executed the consent hereinafter provided.

23. UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the property, Seller has not caused any building on the property to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the property contains or has ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge on the completion of this transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction.

24. LEGAL, ACCOUNTING AND ENVIRONMENTAL ADVICE: The parties acknowledge that any information provided by the brokerage is not legal, tax or environmental advice.

25. CONSUMER REPORTS: The Buyer is hereby notified that a consumer report containing credit and/or personal information may be referred to in connection with this transaction.

26. AGREEMENT IN WRITING: If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent of such conflict or discrepancy. This Agreement including any Schedule attached hereto, shall constitute the entire Agreement between Buyer and Seller. There is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the purposes of this Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context.

27. TIME AND DATE: Any reference to a time and date in this Agreement shall mean the time and date where the property is located.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 28. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms herein.

SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand and seal:

...... (Witness) (Buyer) (Seal) (Date)

I, the Undersigned Seller, agree to the above offer. I hereby irrevocably instruct my lawyer to pay directly to the brokerage(s) with whom I have agreed to pay commission, the unpaid balance of the commission together with applicable Harmonized Sales Tax (and any other taxes as may hereafter be applicable), from the proceeds of the sale prior to any payment to the undersigned on completion, as advised by the brokerage(s) to my lawyer.

SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand and seal:

...... (Witness) (Seller) (Seal) (Date)

SPOUSAL CONSENT: The undersigned spouse of the Seller hereby consents to the disposition evidenced herein pursuant to the provisions of the Family Law Act, R.S.O.1990, and hereby agrees to execute all necessary or incidental documents to give full force and effect to the sale evidenced herein.

...... (Witness) (Spouse) (Seal) (Date)

...... (Signature of Seller or Buyer) INFORMATION ON BROKERAGE(S) Listing Brokerage ...... (Tel.No.) ...... (Salesperson/Broker/Broker of Record Name) Co-op/Buyer Brokerage ...... (Tel.No.) ...... (Salesperson/Broker/Broker of Record Name)

ACKNOWLEDGEMENT I acknowledge receipt of my signed copy of this accepted Agreement of I acknowledge receipt of my signed copy of this accepted Agreement of Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer. Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer.

...... (Seller) (Date) (Buyer) (Date) ...... (Seller) (Date) (Buyer) (Date) Address for Service ...... Address for Service ...... (Tel. No.) (Tel. No.) Seller’s Lawyer ...... Buyer’s Lawyer ...... Address ...... Address ...... Email ...... Email ...... (Tel. No.) (Fax. No.) (Tel. No.) (Fax. No.)

FOR OFFICE USE ONLY COMMISSION TRUST AGREEMENT

To: Co-operating Brokerage shown on the foregoing Agreement of Purchase and Sale: In consideration for the Co-operating Brokerage procuring the foregoing Agreement of Purchase and Sale, I hereby declare that all moneys received or receivable by me in connection with the Transaction as contemplated in the MLS® Rules and Regulations of my Real Estate Board shall be receivable and held in trust. This agreement shall constitute a Commission Trust Agreement as defined in the MLS® Rules and shall be subject to and governed by the MLS® Rules pertaining to Commission Trust. DATED as of the date and time of the acceptance of the foregoing Agreement of Purchase and Sale. Acknowledged by:

...... (Authorized to bind the Listing Brokerage) (Authorized to bind the Co-operating Brokerage) 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 Page 5 of 6

WEBForms® Dec/2018 Schedule A Agreement of Purchase and Sale Form 100 for use in the Province of Ontario

This Schedule is attached to and forms part of the Agreement of Purchase and Sale between:

BUYER: ...... , and

SELLER: ...... for the purchase and sale of ......

...... dated the ...... day of ...... , 20......

Buyer agrees to pay the balance as follows:

This form must be initialed by all parties to the Agreement of Purchase and Sale.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 Confirmation of Co-operation and Representation FORM 320 Confirmation of Co-operation and Representation Form 320 for use in the Province of Ontario

BUYER: ......

SELLER: ......

For the transaction on the property known as: ......

DEFINITIONS AND INTERPRETATIONS: For the purposes of this Confirmation of Co-operation and Representation: “Seller” includes a vendor, a landlord, lessor, or a prospective, seller, vendor, landlord or lessor and “Buyer” includes a purchaser, a tenant, lessee or a prospective, buyer, purchaser, tenant or lessee and “sale“ includes a lease, and “Agreement of Purchase and Sale” includes an Agreement to Lease. Commission shall be deemed to include other remuneration. The following information is confirmed by the undersigned salesperson/broker representatives of the Brokerage(s). If a Co-operating Brokerage is involved in the transaction, the brokerages agree to co-operate, in consideration of, and on the terms and conditions as set out below.

DECLARATION OF INSURANCE: The undersigned salesperson/broker representative(s) of the Brokerage(s) hereby declare that he/she is insured as required by the Real Estate and Business Brokers Act, 2002, (REBBA). 1. LISTING BROKERAGE a) The Listing Brokerage represents the interests of the Seller in this transaction. It is further understood and agreed that: 1) The Listing Brokerage is not representing or providing Customer Service to the Buyer. (If the Buyer is working with a Co-operating Brokerage, Section 3 is to be completed by Co-operating Brokerage) 2) The Listing Brokerage is providing Customer Service to the Buyer. b) MULTIPLE REPRESENTATION: The Listing Brokerage has entered into a Buyer Representation Agreement with the Buyer and represents the interests of the Seller and the Buyer, with their consent, for this transaction. The Listing Brokerage must be impartial and equally protect the interests of the Seller and the Buyer in this transaction. The Listing Brokerage has a duty of full disclosure to both the Seller and the Buyer, including a requirement to disclose all factual information about the property known to the Listing Brokerage. However, the Listing Brokerage shall not disclose: • That the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; • That the Buyer may or will pay more than the offered price, unless otherwise instructed in writing by the Buyer; • The motivation of or personal information about the Seller or Buyer, unless otherwise instructed in writing by the party to which the information applies, or unless failure to disclose would constitute fraudulent, unlawful or unethical practice; • The price the Buyer should offer or the price the Seller should accept; • And; the Listing Brokerage shall not disclose to the Buyer the terms of any other offer. However, it is understood that factual market information about comparable properties and information known to the Listing Brokerage concerning potential uses for the property will be disclosed to both Seller and Buyer to assist them to come to their own conclusions. Additional comments and/or disclosures by Listing Brokerage: (e.g. The Listing Brokerage represents more than one Buyer offering on this property.)

2. PROPERTY SOLD BY BUYER BROKERAGE – PROPERTY NOT LISTED The Brokerage ...... represent the Buyer and the property is not listed with any real estate brokerage. The Brokerage will be paid (does/does not) by the Seller in accordance with a Seller Customer Service Agreement or: by the Buyer directly Additional comments and/or disclosures by Buyer Brokerage: (e.g. The Buyer Brokerage represents more than one Buyer offering on this property.)

INITIALS OF BUYER(S)/SELLER(S)/BROKERAGE REPRESENTATIVE(S) (Where applicable)

BUYER CO-OPERATING/BUYER BROKERAGE SELLER LISTING BROKERAGE

WEBForms® Dec/2018 3. Co-operating Brokerage completes Section 3 and Listing Brokerage completes Section 1.

CO-OPERATING BROKERAGE- REPRESENTATION: a) The Co-operating Brokerage represents the interests of the Buyer in this transaction. b) The Co-operating Brokerage is providing Customer Service to the Buyer in this transaction. c) The Co-operating Brokerage is not representing the Buyer and has not entered into an agreement to provide customer service(s) to the Buyer.

CO-OPERATING BROKERAGE- COMMISSION: a) The Listing Brokerage will pay the Co-operating Brokerage the commission as indicated in the MLS® information for the property

……………………………………………...... to be paid from the amount paid by the Seller to the Listing Brokerage. (Commission As Indicated In MLS® Information) b) The Co-operating Brokerage will be paid as follows:

Additional comments and/or disclosures by Co-operating Brokerage: (e.g., The Co-operating Brokerage represents more than one Buyer offering on this property.)

Commission will be payable as described above, plus applicable taxes.

COMMISSION TRUST AGREEMENT: If the above Co-operating Brokerage is receiving payment of commission from the Listing Brokerage, then the agreement between Listing Brokerage and Co-operating Brokerage further includes a Commission Trust Agreement, the consideration for which is the Co-operating Brokerage procuring an offer for a trade of the property, acceptable to the Seller. This Commission Trust Agreement shall be subject to and governed by the MLS® rules and regulations pertaining to commission trusts of the Listing Brokerage’s local real estate board, if the local board’s MLS® rules and regulations so provide. Otherwise, the provisions of the OREA recommended MLS® rules and regulations shall apply to this Commission Trust Agreement. For the purpose of this Commission Trust Agreement, the Commission Trust Amount shall be the amount noted in Section 3 above. The Listing Brokerage hereby declares that all monies received in connection with the trade shall constitute a Commission Trust and shall be held, in trust, for the Co-operating Brokerage under the terms of the applicable MLS® rules and regulations.

SIGNED BY THE BROKER/SALESPERSON REPRESENTATIVE(S) OF THE BROKERAGE(S) (Where applicable)

...... (Name of Co-operating/Buyer Brokerage) (Name of Listing Brokerage)

......

Tel:...... Fax: ...... Tel:...... Fax: ......

...... (Authorized to bind the Co-operating/Buyer Brokerage) (Date) (Authorized to bind the Listing Brokerage) (Date)

...... (Print Name of Salesperson/Broker/Broker of Record) (Print Name of Salesperson/Broker/Broker of Record)

CONSENT FOR MULTIPLE REPRESENTATION (To be completed only if the Brokerage represents more than one client for the transaction)

The Buyer/Seller consent with their initials to their Brokerage representing more than one client for this transaction. BUYER’S INITIALS SELLER’S INITIALS

ACKNOWLEDGEMENT

I have received, read, and understand the above information.

...... (Signature of Buyer) (Date) (Signature of Seller) (Date)

WEBForms® Dec/2018 Buyer Representation Agreement FORM 300 Buyer Representation Agreement Authority for Purchase or Lease Form 300 for use in the Province of Ontario

This is an Exclusive Buyer Representation Agreement Authority for Purchase or Lease BETWEEN: BROKERAGE: ...... TrilliumWest Real Estate Brokerage ...... (the “Brokerage”),

ADDRESS: ...... 240 Duke Street West ...... Kitchener

...... N2H 3X6 Tel. No...... (226) 314-1600...... Fax. No...... (226) 314-1592 AND BUYER: ...... , (the “Buyer”),

ADDRESS: ...... Street Number Street Name MUNICIPALITY: ...... POSTAL CODE: ......

The Buyer hereby gives the Brokerage the exclusive and irrevocable authority to act as the Buyer’s agent

commencing at ...... on the ...... day of ...... , 20...... , (a.m./p.m.)

and expiring at 11:59 p.m. on the ...... day of ...... , 20...... (Expiry Date),

Buyer acknowledges that the time period for this Agreement is negotiable between the Buyer and the Brokerage, however, in { {accordance with the Real Estate and Business Brokers Act, 2002, (REBBA) if the time period for this Agreement exceeds six months, the Brokerage must obtain the Buyer’s initials. (Buyer’s Initials)

for the purpose of locating a real property meeting the following general description:

Property Type (Use): ......

......

Geographic Location: ......

......

The Buyer hereby warrants that the Buyer is not a party to a buyer representation agreement with any other registered real estate brokerage for the purchase or lease of a real property of the general description indicated above. (Buyer’s Initials) 1. DEFINITIONS AND INTERPRETATIONS: For the purposes of this Agreement (“Authority” or “Agreement”): “Buyer” includes purchaser, tenant and lessee, a “seller” includes a vendor, landlord and lessor or a prospective seller, vendor, landlord and lessor and a “real estate board” includes a real estate association. A purchase shall be deemed to include the entering into of any agreement to exchange, or the obtaining of an option to purchase which is subsequently exercised, and a lease includes any rental agreement, sub-lease or renewal of a lease. Commission shall be deemed to include other remuneration. This Agreement shall be read with all changes of gender or number required by the context. For purposes of this Agreement, Buyer shall be deemed to include any spouse, heirs, executors, administrators, successors, assigns, related corporations and affiliated corporations. Related corporations or affiliated corporations shall include any corporation where one half or a majority of the shareholders, directors or officers of the related or affiliated corporation are the same person(s) as the shareholders, directors, or officers of the corporation introduced to or shown the property.

2. COMMISSION: In consideration of the Brokerage undertaking to assist the Buyer, the Buyer agrees to pay commission to the Brokerage as follows: If, during the currency of this Agreement, the Buyer enters into an agreement to purchase or lease a real property of the general description indicated above, the Buyer agrees the Brokerage is entitled to receive and retain any commission offered by a listing brokerage or by the seller. The Buyer understands that the amount of commission offered by a listing brokerage or by the seller may be greater or less than the commission stated below. The Buyer understands that the Brokerage will inform the Buyer of the amount of commission to be paid to the Brokerage by the listing brokerage or the seller at the earliest practical opportunity. The Buyer acknowledges that the payment of any commission by the listing brokerage or the seller will not make the Brokerage either the agent or sub-agent of the listing brokerage or the seller.

INITIALS OF BROKERAGE: INITIALS OF BUYER(S):

WEBForms® Dec/2018 If, during the currency of this Agreement, the Buyer enters into an agreement to purchase any property of the general description indicated above,

the Buyer agrees that the Brokerage is entitled to be paid a commission of ...... % of the sale price of the property

or ......

or for a lease, a commission of ...... The Buyer agrees to pay directly to the Brokerage any deficiency between this amount and the amount, if any, to be paid to the rokerageB by a listing brokerage or by the seller. The Buyer understands that if the Brokerage is not to be paid any commission by a listing brokerage or by the seller, the Buyer will pay the Brokerage the full amount of commission indicated above. The Buyer agrees to pay the Brokerage such commission if the Buyer enters into an agreement within ...... days after the expiration of this Agreement (Holdover Period) to purchase or lease any real property shown or introduced to the Buyer from any source whatsoever during the term of this Agreement, provided, however, that if the Buyer enters into a new buyer representation agreement with another registered real estate brokerage after the expiration of this Agreement, the Buyer’s liability to pay commission to the Brokerage shall be reduced by the amount paid to the other brokerage under the new agreement. The Buyer agrees to pay such commission as described above even if a transaction contemplated by an agreement to purchase or lease agreed to or accepted by the Buyer or anyone on the Buyer’s behalf is not completed, if such non-completion is owing or attributable to the Buyers default or neglect. Said commission, plus any applicable taxes, shall be payable on the date set for completion of the purchase of the property or, in the case of a lease or tenancy, the earlier of the date of occupancy by the tenant or the date set for commencement of the lease or tenancy. All amounts set out as commission are to be paid plus applicable taxes on such commission. This Agreement applies for the purchase or lease of one real property. Notwithstanding the foregoing, in the event that the Buyer leases a property, this agreement remains in force as set out herein for the purchase of the leased property or a property of the general description indicated above. The leasing of a property by the Buyer does not terminate this Agreement with respect to the purchase of a property. 3. REPRESENTATION: The Buyer acknowledges that the Brokerage has provided the Buyer with written information explaining agency relationships, including information on Seller Representation, Sub-Agency, Buyer Representation, Multiple Representation and Customer Service. The Brokerage shall assist the Buyer in locating a real property of the general description indicated above and shall represent the Buyer in an endeavour to procure the acceptance of an agreement to purchase or lease such a property. The Buyer acknowledges that the Buyer may not be shown or offered all properties that may be of interest to the Buyer. The Buyer hereby agrees that the terms of any buyer’s offer or agreement to purchase or lease the property will not be disclosed to any other buyer. The Buyer further acknowledges that the Brokerage may be entering into buyer representation agreements with other buyers who may be interested in the same or similar properties that the Buyer may be interested in buying or leasing and the Buyer hereby consents to the Brokerage entering into buyer representation agreements with other buyers who may be interested in the same or similar properties without any claim by the Buyer of conflict of interest. The Buyer hereby appoints the Brokerage as agent for the purpose of giving and receiving notices pursuant to any offer or agreement to purchase or lease a property negotiated by the Brokerage. MULTIPLE REPRESENTATION: The Buyer hereby acknowledges that the Brokerage may be entering into listing agreements with sellers of properties the Buyer may be interested in buying or leasing. In the event that the Brokerage has entered into or enters into a listing agreement with the seller of a property the Buyer may be interested in buying or leasing, the Brokerage will obtain the Buyer’s written consent to represent both the Buyer and the seller for the transaction at the earliest practicable opportunity and in all cases prior to any offer to purchase or lease being submitted or presented. The Buyer understands and acknowledges that the Brokerage must be impartial when representing both the Buyer and the seller and equally protect the interests of the Buyer and the seller in the transaction. The Buyer understands and acknowledges that when representing both the Buyer and the seller, the Brokerage shall have a duty of full disclosure to both the Buyer and the seller, including a requirement to disclose all factual information about the property known to the Brokerage. However, The Buyer further understands and acknowledges that the Brokerage shall not disclose: • that the seller may or will accept less than the listed price, unless otherwise instructed in writing by the seller; • that the Buyer may or will pay more than the offered price, unless otherwise instructed in writing by the Buyer; • the motivation of or personal information about the Buyer or seller, unless otherwise instructed in writing by the party to which the information applies or unless failure to disclose would constitute fraudulent, unlawful or unethical practice; • the price the Buyer should offer or the price the seller should accept; and • the Brokerage shall not disclose to the Buyer the terms of any other offer. However, it is understood that factual market information about comparable properties and information known to the Brokerage concerning potential uses for the property will be disclosed to both Buyer and seller to assist them to come to their own conclusions. Where a Brokerage represents both the Seller and the Buyer (multiple representation), the Brokerage shall not be entitled or authorized to be agent for either the Buyer or the Seller for the purpose of giving and receiving notices. MULTIPLE REPRESENTATION AND CUSTOMER SERVICE: The Buyer understands and agrees that the Brokerage also provides representation and customer service to other buyers and sellers. If the Brokerage represents or provides customer service to more than one seller or buyer for the same trade, the Brokerage shall, in writing, at the earliest practicable opportunity and before any offer is made, inform all sellers and buyers of the nature of the Brokerage’s relationship to each seller and buyer. 4. REFERRAL OF PROPERTIES: The Buyer agrees that during the currency of this Buyer Representation Agreement the Buyer will act in good faith and work exclusively with the Brokerage for the purchase or lease of a real property of the general description indicated above. The Buyer agrees that, during the currency of this Agreement, the Buyer shall advise the Brokerage immediately of any property of interest to the Buyer that came to the Buyer’s attention from any source whatsoever, and all offers to purchase or lease submitted by the Buyer shall be submitted through the Brokerage to the seller. If the Buyer arranges a valid agreement to purchase or lease any property of the general description indicated above that came to the attention of the Buyer during the currency of this Agreement and the Buyer arranges said agreement during the currency of this Agreement or within the Holdover Period after expiration of this Agreement, the Buyer agrees to pay the Brokerage the amount of commission set out above in Paragraph 2 of this Agreement, payable within (5) days following the Brokerage’s written demand therefor.

INITIALS OF BROKERAGE: INITIALS OF BUYER(S):

WEBForms® Dec/2018 5. INDEMNIFICATION: The Brokerage and representatives of the Brokerage are trained in dealing in real estate but are not qualified in determining the physical condition of the land or any improvements thereon. The Buyer agrees that the Brokerage and representatives of the Brokerage will not be liable for any defects, whether latent or patent, to the land or improvements thereon. All information supplied by the seller or landlord or the listing brokerage may not have been verified and is not warranted by the Brokerage as being accurate and will be relied on by the Buyerat the Buyer’s own risk. The Buyer acknowledges having been advised to make their own enquiries to confirm the condition of the property. 6. FINDERS FEE: The Buyer acknowledges that the Brokerage may be receiving a finder’s fee, reward and/or referral incentive, and the Buyer consents to any such benefit being received and retained by the Brokerage in addition to the commission as described above. 7. CONSUMER REPORTS: The Buyer is hereby notified that a Consumer Report containing credit and/or personal information may be referred to in connection with this Agreement and any subsequent transaction. 8. USE AND DISTRIBUTION OF INFORMATION: The Buyer consents to the collection, use and disclosure of personal information by the Brokerage for such purposes that relate to the real estate services provided by the Brokerage to the Buyer including, but not limited to: locating, assessing and qualifying properties for the Buyer; advertising on behalf of the Buyer; providing information as needed to third parties retained by the Buyer to assist in a transaction (e.g. financial institutions, building inspectors, etc...); and such other use of the Buyer’s information as is consistent with the services provided by the Brokerage in connection with the purchase or prospective purchase of the property. The Buyer agrees that the sale and related information regarding any property purchased by the Buyer through the Brokerage may be retained and disclosed by the Brokerage and/or real estate board(s) (if the property is an MLS® Listing) for reporting, appraisal and statistical purposes and for such other use of the information as the Brokerage and/or board deems appropriate in connection with the listing, marketing and selling of real estate, including conducting comparative market analyses. The Buyer acknowledges that the information, personal or otherwise (“information”), provided to the real estate board or association may be stored on databases located outside of Canada, in which case the information would be subject to the laws of the jurisdiction in which the information is located. 9. CONFLICT OR DISCREPANCY: If there is any conflict or discrepancy between any provision added to this Agreement and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent of such conflict or discrepancy. This Agreement, including any provisions added to this Agreement, shall constitute the entire Agreement between the Buyer and the Brokerage. There is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. 10. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. 11. ELECTRONIC COMMUNICATION: This Agreement and any agreements, notices or other communications contemplated thereby may be transmitted by means of electronic systems, in which case signatures shall be deemed to be original. The transmission of this Agreement by the Buyer by electronic means shall be deemed to confirm the Buyer has retained a true copy of the Agreement. 12. ELECTRONIC SIGNATURES: If this Agreement has been signed with an electronic signature the parties hereto consent and agree to the use of such electronic signature with respect to this Agreement pursuant to the Electronic Commerce Act, 2000, S.O. 2000, c17 as amended from time to time. 13. SCHEDULE(S):...... attached hereto form(s) part of this Agreement. THE BROKERAGE AGREES TO REPRESENT THE BUYER IN LOCATING A REAL PROPERTY OF THE GENERAL DESCRIPTION INDICATED ABOVE IN AN ENDEAVOUR TO OBTAIN THE ACCEPTANCE OF AN AGREEMENT TO PURCHASE OR LEASE A PROPERTY ON TERMS SATISFACTORY TO THE BUYER.

...... (Authorized to bind the Brokerage) (Date) (Name of Person Signing)

SIGNED, SEALED AND DELIVERED I have hereunto set my hand and seal:

...... (Signature of Buyer) (Seal) (Date) (Tel. No.)

DECLARATION OF INSURANCE

The Salesperson/Broker/Broker of Record ...... (Name of Salesperson/Broker/Broker of Record) hereby declares that he/she is insured as required by REBBA.

...... (Signature(s) of Salesperson/Broker/Broker of Record)

ACKNOWLEDGEMENT The Buyer(s) hereby acknowledge that the Buyer(s) fully understand the terms of this Agreement and have received a copy of this Agreement on the ……...... day of ………...... ………...... ….…………...... …………, 20 …...... ………...

...... (Signature of Buyer) (Date) ...... (Signature of Buyer) (Date)

WEBForms® Dec/2018 Agreement of Purchase and Sale - Condominium Resale FORM 101 Agreement of Purchase and Sale Condominium Resale Form 101 for use in the Province of Ontario

This Agreement of Purchase and Sale dated this ...... day of ...... 20......

BUYER: ...... , agrees to purchase from (Full legal names of all Buyers)

SELLER: ...... , the following (Full legal names of all Sellers) PROPERTY: a unit in the condominium property known as ...... No...... (Apartment/Townhouse/Suite/Unit) located at ...... in the ...... being ...... Condominium Plan No ...... (Legal Name of Condominium Corporation)

Unit Number ...... Level No...... Building No...... together with ownership or exclusive use of Parking Space(s) ...... , together with ownership or exclusive use of (Number(s), Level(s))

Locker(s) ...... , together with Seller’s proportionate undivided tenancy-in-common interest (Number(s), Level(s)) in the common elements appurtenant to the Unit as described in the Declaration and Description including the exclusive right to use such other parts of the common elements appurtenant to the Unit as may be specified in the Declaration and Description: the Unit, the proportionateinterest in the common elements appurtenant thereto, and the exclusive use portions of the common elements, being herein called the “Property”.

PURCHASE PRICE: Dollars (CDN$) ......

...... Dollars

DEPOSIT: Buyer submits ...... (Herewith/Upon Acceptance/as otherwise described in this Agreement)

Buyer agrees to pay the balance as more particularly set out in Schedule A attached.

SCHEDULE(S) A...... attached hereto form(s) part of this Agreement.

1. IRREVOCABILITY: This offer shall be irrevocable by ...... until ...... on the ...... (Seller/Buyer) (a.m./p.m.)

day of ...... 20 ...... , after which time, if not accepted, this offer shall be null and void and the deposit shall be returned to the Buyer in full without interest.

2. COMPLETION DATE: This Agreement shall be completed by no later than 6:00 p.m. on the ...... day of ...... ,

20 ...... Upon completion, vacant possession of the property shall be given to the Buyer unless otherwise provided for in this Agreement.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

FAX No.: ...... FAX No.: ...... (For delivery of Documents to Seller) (For delivery of Documents to Buyer)

Email Address: ...... Email Address: ...... (For delivery of Documents to Seller) (For delivery of Documents to Buyer)

4. CHATTELS INCLUDED:......

Unless otherwise stated in this Agreement or any Schedule hereto, Seller agrees to convey all fixtures and chattels included inthe Purchase Price free from all liens, encumbrances or claims affecting the said fixtures and chattels.

5. FIXTURES EXCLUDED:......

6. RENTAL ITEMS (Including Lease, Lease to Own): The following equipment is rented and not included in the Purchase Price. The Buyer ` agrees to assume the rental contract(s), if assumable:

The Buyer agrees to co-operate and execute such documentation as may be required to facilitate such assumption.

7. COMMON EXPENSES: Seller warrants to Buyer that the common expenses presently payable to the Condominium Corporation in respect of the

Property are approximately $ ...... per month, which amount includes the following: ......

8. PARKING AND LOCKERS: Parking and Lockers are as described above or assigned as follows: ......

...... at an additional cost of: ......

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 9. HST: If the sale of the Property (Real Property as described above) is subject to Harmonized Sales Tax (HST), then such tax shall be

...... the Purchase Price. If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

10. TITLE SEARCH: Buyer shall be allowed until 6:00 p.m. on the ...... day of ...... , 20...... , (Requisition Date) to examine the title to the Property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy yerBu that there are no

outstanding work orders or deficiency notices affecting the Property, and that its present use (...... ) may be lawfully continued. If within that time any valid objection to title or to any outstanding work order or deficiency notice, or to the fact the said present use may not lawfully be continued, is made in writing to Seller and which Seller is unable or unwilling to remove, remedy or satisfy or obtain insurance save and except against risk of fire (Title Insurance) in favour of the Buyer and any mortgagee, (with all related costs at the expense of the Seller), and which Buyer will not waive, this Agreement notwithstanding any intermediate acts or negotiations in respect of such objections, shall be at an end and all monies paid shall be returned without interest or deduction and Seller, Listing Brokerage and Co-operating Brokerage shall not be liable for any costs or damages. Save as to any valid objection so made by such day and except for any objection going to the root of the title, Buyer shall be conclusively deemed to have accepted Seller’s title to the Property. Seller hereby consents to the municipality or other governmental agencies releasing to Buyer details of all outstanding work orders and deficiency notices affecting the Property, and Seller agrees to execute and deliver such further authorizations in this regard as Buyer may reasonably require.

11. TITLE: Buyer agrees to accept title to the Property subject to all rights and easements registered against title for the supply and installation of telecommunication services, electricity, gas, sewers, water, television cable facilities and other related services; provided that title to the Property is otherwise good and free from all encumbrances except: (a) as herein expressly provided; (b) any registered restrictions, conditions or covenants that run with the land provided such have been complied with; (c) the provisions of the Condominium Act and its Regulations and the terms, conditions and provisions of the Declaration, Description and By-laws, Occupancy Standards By-laws, including the Common Element Rules and other Rules and Regulations; and (d) any existing municipal agreements, zoning by-laws and/or regulations and utilities or service contracts.

12. CLOSING ARRANGEMENTS: Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the Property, and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that the exchange of closing funds, nonregistrable documents and other items (the “Requisite Deliveries”) and the release thereof to the Seller and Buyer will (a) not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered in connection with the completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance with the terms of a document registration agreement between the said lawyers. The Seller and Buyer irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the Law Society of Ontario. Unless otherwise agreed to by the lawyers, such exchange of Requisite Deliveries shall occur by the delivery of the Requisite Deliveries of each party to the office of the lawyer for the other party or such other location agreeable to both lawyers.

13. STATUS CERTIFICATE AND MANAGEMENT OF CONDOMINIUM: Seller represents and warrants to Buyer that there are no special assessments contemplated by the Condominium Corporation, and there are no legal actions pending by or against or contemplated by the Condominium Corporation. The Seller consents to a request by the Buyer or the Buyer’s authorized representative for a Status Certificate from the Condominium Corporation. Buyer acknowledges that the Condominium Corporation may have entered into a Management Agreement for the management of the condominium property.

14. DOCUMENTS AND DISCHARGE: Buyer shall not call for the production of any title deed, abstract, survey or other evidence of title to the Property except such as are in the possession or control of Seller. Seller agrees to deliver to Buyer, if it is possible without incurring any costs in so doing, copies of all current condominium documentation of the Condominium Corporation, including the Declaration, Description, By-laws, Common Element Rules and Regulations and the most recent financial statements of the Condominium Corporation. If a discharge of any Charge/Mortgage held by a corporation incorporated pursuant to the Trust And Loan Companies Act (Canada), Chartered Bank, Trust Company, Credit Union, Caisse Populaire or Insurance Company and which is not to be assumed by Buyer on completion, is not available in registrable form on completion, Buyer agrees to accept Seller’s lawyer’s personal undertaking to obtain, out of the closing funds, a discharge in registrable form and to register same, or cause same to be registered, on title within a reasonableperiod of time after completion, provided that on or before completion Seller shall provide to Buyer a mortgage statement prepared by the mortgagee setting out the balance required to obtain the discharge, and, where a real-time electronic cleared funds transfer system is not being used, a direction executed by Seller directing payment to the mortgagee of the amount required to obtain the discharge out of the balance due on completion.

15. MEETINGS: Seller represents and warrants to Buyer that at the time of the acceptance of this Offer the Seller has not received a notice convening a special or general meeting of the Condominium Corporation respecting; (a) the termination of the government of the condominium property; (b) any substantial alteration in or substantial addition to the common elements or the renovation thereof; OR (c) any substantial change in the assets or liabilities of the Condominium Corporation; and Seller covenants that if Seller receives any such notice prior to the date of completion Seller shall forthwith notify Buyer in writing and Buyer may thereupon at Buyer’s option declare this Agreement to be null and void and all monies paid by Buyer shall be refunded without interest or deduction.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 16. INSPECTION: Buyer acknowledges having had the opportunity to inspect the Property and understands that upon acceptance of this offer there shall be a binding agreement of purchase and sale between Buyer and Seller. The Buyer acknowledges having the opportunity to include a requirement for a property inspection report in this Agreement and agrees that except as may be specifically provided for in this Agreement, the Buyer will not be obtaining a property inspection or property inspection report regarding the Property.

17. APPROVAL OF THE AGREEMENT: In the event that consent to this sale is required to be given by the Condominium Corporation or the Board of Directors, the Seller will apply forthwith for the requisite consent, and if such consent is refused, then this Agreement shall be null and void and the deposit monies paid hereunder shall be refunded without interest or other penalty to the Buyer.

18. INSURANCE: The Unit and all other things being purchased shall be and remain at the risk of the Seller until completion. In the event of substantial damage to the Property Buyer may at Buyer’s option either permit the proceeds of insurance to be used for repair of such damage in accordance with the provisions of the Insurance Trust Agreement, or terminate this Agreement and all deposit monies paid by Buyer hereunder shall be refunded without interest or deduction. If Seller is taking back a Charge/Mortgage, or Buyer is assuming a Charge/Mortgage, Buyer shall supply Seller with reasonable evidence of adequate insurance to protect Seller’s or other mortgagee’s interest on completion.

19. DOCUMENT PREPARATION: The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer.

20. RESIDENCY: (a) Subject to (b) below, the Seller represents and warrants that the Seller is not and on completion will not be a non-resident under the non-residency provisions of the Income Tax Act which representation and warranty shall survive and not merge upon the completion of this transaction and the Seller shall deliver to the Buyer a statutory declaration that Seller is not then a non-resident of Canada; (b) provided that if the Seller is a non-resident under the non-residency provisions of the Income Tax Act, the Buyer shall be credited towards the Purchase Price with the amount, if any, necessary for Buyer to pay to the Minister of National Revenue to satisfy Buyer’s liability in respect of tax payable by Seller under the non-residency provisions of the Income Tax Act by reason of this sale. Buyer shall not claim such credit if Seller delivers on completion the prescribed certificate.

21. ADJUSTMENTS: Common Expenses; realty taxes, including local improvement rates; mortgage interest; rentals; unmetered public or private utilities and fuel where billed to the Unit and not the Condominium Corporation; are to be apportioned and allowed to the day of completion, the day of completion itself to be apportioned to the Buyer. There shall be no adjustment for the Seller’s share of any assets or liabilities of the Condominium Corporation including any reserve or contingency fund to which Seller may have contributed prior to the date of completion.

22. PROPERTY ASSESSMENT: The Buyer and Seller hereby acknowledge that the Province of Ontario has implemented current value assessment and properties may be re-assessed on an annual basis. The Buyer and Seller agree that no claim will be made against the Buyer or Seller, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the Property, save and except any property taxes that accrued prior to the completion of this transaction.

23. TIME LIMITS: Time shall in all respects be of the essence hereof provided that the time for doing or completing of any matter provided for herein may be extended or abridged by an agreement in writing signed by Seller and Buyer or by their respective lawyers who may be specifically authorized in that regard.

24. TENDER: Any tender of documents or money hereunder may be made upon Seller or Buyer or their respective lawyers on the day set for completion. Money shall be tendered with funds drawn on a lawyer’s trust account in the form of a bank draft, certified cheque or wire transfer using the Large Value Transfer System.

25. FAMILY LAW ACT: Seller warrants that spousal consent is not necessary to this transaction under the provisions of the Family Law Act, R.S.O. 1990 unless the spouse of the Seller has executed the consent hereinafter provided.

26. UFFI: Seller represents and warrants to Buyer that during the time Seller has owned the Property, Seller has not caused any building on the Property to be insulated with insulation containing ureaformaldehyde, and that to the best of Seller’s knowledge no building on the Property contains or has ever contained insulation that contains ureaformaldehyde. This warranty shall survive and not merge on the completion of this transaction, and if the building is part of a multiple unit building, this warranty shall only apply to that part of the building which is the subject of this transaction.

27. LEGAL, ACCOUNTING AND ENVIRONMENTAL ADVICE: The parties acknowledge that any information provided by the brokerage is not legal, tax or environmental advice.

28. CONSUMER REPORTS: The Buyer is hereby notified that a consumer report containing credit and/or personal information may be referred to in connection with this transaction.

29. AGREEMENT IN WRITING: If there is conflict or discrepancy between any provision added to this Agreement (including any Schedule attached hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent of such conflict or discrepancy. This Agreement including any Schedule attached hereto, shall constitute the entire Agreement between Buyer and Seller. There is no representation, warranty, collateral agreement or condition, which affects this Agreement other than as expressed herein. For the purposes of this Agreement, Seller means vendor and Buyer means purchaser. This Agreement shall be read with all changes of gender or number required by the context.

30. TIME AND DATE: Any reference to a time and date in this Agreement shall mean the time and date where the Property is located.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 31. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms herein.

SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand and seal:

...... (Witness) (Buyer) (Seal) (Date)

SIGNED, SEALED AND DELIVERED in the presence of: IN WITNESS whereof I have hereunto set my hand and seal:

...... (Witness) (Seller) (Seal) (Date)

...... (Witness) (Spouse) (Seal) (Date)

CONFIRMATION OF ACCEPTANCE: Notwithstanding anything contained herein to the contrary, I confirm this Agreement with all changes both typed and written was finally accepted by all parties at ...... this ...... day of...... , 20...... (a.m./p.m.) ...... (Signature of Seller or Buyer) INFORMATION ON BROKERAGE(S) Listing Brokerage ...... (Tel.No.) ...... (Salesperson/Broker/Broker of Record Name) Co-op/Buyer Brokerage ...... (Tel.No.) ...... (Salesperson/Broker/Broker of Record Name) ACKNOWLEDGEMENT I acknowledge receipt of my signed copy of this accepted Agreement of I acknowledge receipt of my signed copy of this accepted Agreement of Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer. Purchase and Sale and I authorize the Brokerage to forward a copy to my lawyer.

FOR OFFICE USE ONLY COMMISSION TRUST AGREEMENT To: Co-operating Brokerage shown on the foregoing Agreement of Purchase and Sale: In consideration for the Co-operating Brokerage procuring the foregoing Agreement of Purchase and Sale, I hereby declare that all moneys received or receivable by me in connection with the Transaction as contemplated in the MLS® Rules and Regulations of my Real Estate Board shall be receivable and held in trust. This agreement shall constitute a Commission Trust Agreement as defined in the MLS® Rules and shall be subject to and governed by the MLS® Rules pertaining to Commission Trust. DATED as of the date and time of the acceptance of the foregoing Agreement of Purchase and Sale. Acknowledged by:

...... (Authorized to bind the Listing Brokerage) (Authorized to bind the Co-operating Brokerage)

WEBForms® Dec/2018 Schedule A Agreement of Purchase and Sale – Form 101 for use in the Province of Ontario Condominium Resale

This Schedule is attached to and forms part of the Agreement of Purchase and Sale between:

BUYER: ...... , and

SELLER: ...... for the purchase and sale of ......

...... dated the ...... day of ...... , 20 ......

Buyer agrees to pay the balance as follows:

This form must be initialed by all parties to the Agreement of Purchase and Sale.

INITIALS OF BUYER(S): INITIALS OF SELLER(S):

WEBForms® Dec/2018 Listing Agreement FORM 200 Listing Agreement Seller Representation Agreement Form 200 for use in the Province of Ontario Authority to Offer for Sale

® EXCLUSIVE This is a Multiple Listing Service® Agreement OR Exclusive Listing Agreement

(Seller’s Initials) (Seller’s Initials) BETWEEN:

BROKERAGE: ......

...... (the “Listing Brokerage”) Tel. No......

SELLER: ...... (the “Seller”)

In consideration of the Listing Brokerage listing the real property for sale known as......

...... (the “Property”)

the Seller hereby gives the Listing Brokerage the exclusive and irrevocable right to act as the Seller’s agent, commencing at 12:01 a.m. on the ...... day

of ...... , 20...... , until 11:59 p.m. on the ...... day of ...... , 20...... (the “Listing Period”),

{ { Seller acknowledges that the length of the Listing Period is negotiable between the Seller and the Listing Brokerage and, if an MLS® listing, may be subject to minimum requirements of the real estate board, however, in accordance with the Real Estate and Business Brokers Act, 2002, (REBBA), if the Listing Period exceeds six months, the Listing Brokerage must obtain the Seller’s initials. (Seller’s Initials) to offer the Property for sale at a price of: Dollars (CDN$) ......

...... Dollars and upon the terms particularly set out herein, or at such other price and/or terms acceptable to the Seller. It is understood that the price and/or terms set out herein are at the Seller’s personal request, after full discussion with the Listing Brokerage’s representative regarding potential market value of the Property. The Seller hereby represents and warrants that the Seller is not a party to any other listing agreement for the Property or agreement to pay commission to any other real estate brokerage for the sale of the Property. (Seller’s Initials) 1. DEFINITIONS AND INTERPRETATIONS: For the purposes of this Agreement (“Authority” or “Agreement”): “Seller” includes vendor, a “buyer” includes a purchaser, or a prospective purchaser. A “real estate board” includes a real estate association. A purchase shall be deemed to include the entering into of any agreement to exchange, or the obtaining of an option to purchase which is subsequently exercised. Commission shall be deemed to include other remuneration. This Agreement shall be read with all changes of gender or number required by the context. For purposes of this Agreement, anyone introduced to or shown the Property shall be deemed to include any spouse, heirs, executors, administrators, successors, assigns, related corporations and affiliated corporations. Related corporations or affiliated corporations shall include any corporation where one half or a majority of the shareholders, directors or officers of the related or affiliated corporation are the same person(s) as the shareholders, directors, or officers of the corporation introduced to or shown the Property. 2. COMMISSION: In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...... % of the sale price of the Property or ...... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of...... % of the sale

price of the Property or...... out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within ...... days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

INITIALS OF LISTING BROKERAGE: INITIALS OF SELLER(S):

WEBForms® Dec/2018 3. REPRESENTATION: The Seller acknowledges that the Listing Brokerage has provided the Seller with information explaining agency relationships, including information on Seller Representation, Sub-agency, Buyer Representation, Multiple Representation and Customer Service. The Seller understands that unless the Seller is otherwise informed, the co-operating brokerage is representing the interests of the buyer in the transaction. The Seller further acknowledges that the Listing Brokerage may be listing other properties that may be similar to the Seller’s Property and the Seller hereby consents to the Listing Brokerage listing other properties that may be similar to the Seller’s Property without any claim by the Seller of conflict of interest. The Seller hereby appoints the Listing Brokerage as the Seller’s agent for the purpose of giving and receiving notices pursuant to any offer or agreement to purchase the Property. Unless otherwise agreed in writing between Seller and Listing Brokerage, any commission payable to any other brokerage shall be paid out of the commission the Seller pays the Listing Brokerage, said commission to be disbursed in accordance with the Commission Trust Agreement. MULTIPLE REPRESENTATION: The Seller hereby acknowledges that the Listing Brokerage may be entering into buyer representation agreements with buyers who may be interested in purchasing the Seller’s Property. In the event that the Listing Brokerage has entered into or enters into a buyer representation agreement with a prospective buyer for the Seller’s Property, the Listing Brokerage will obtain the Seller’s written consent to represent both the Seller and the buyer for the transaction at the earliest practicable opportunity and in all cases prior to any offer to purchase being submitted or presented. The Seller understands and acknowledges that the Listing Brokerage must be impartial when representing both the Seller and the buyer and equally protect the interests of the Seller and buyer. The Seller understands and acknowledges that when representing both the Seller and the buyer, the Listing Brokerage shall have a duty of full disclosure to both the Seller and the buyer, including a requirement to disclose all factual information about the Property known to the Listing Brokerage. However, the Seller further understands and acknowledges that the Listing Brokerage shall not disclose: • that the Seller may or will accept less than the listed price, unless otherwise instructed in writing by the Seller; • that the buyer may or will pay more than the offered price, unless otherwise instructed in writing by the buyer; • the motivation of or personal information about the Seller or buyer, unless otherwise instructed in writing by the party to which the information applies or unless failure to disclose would constitute fraudulent, unlawful or unethical practice; • the price the buyer should offer or the price the Seller should accept; and • the Listing Brokerage shall not disclose to the buyer the terms of any other offer. However, it is understood that factual market information about comparable properties and information known to the Listing Brokerage concerning potential uses for the Property will be disclosed to both Seller and buyer to assist them to come to their own conclusions. Where a Brokerage represents both the Seller and the Buyer (multiple representation), the Brokerage shall not be entitled or authorized to be agent for either the Buyer or the Seller for the purpose of giving and receiving notices. MULTIPLE REPRESENTATION AND CUSTOMER SERVICE: The Seller understands and agrees that the Listing Brokerage also provides representation and customer service to other sellers and buyers. If the Listing Brokerage represents or provides customer service to more than one seller or buyer for the same trade, the Listing Brokerage shall, in writing, at the earliest practicable opportunity and before any offer is made, inform all sellers and buyers of the nature of the Listing Brokerage’s relationship to each seller and buyer. 4. FINDERS FEES: The Seller acknowledges that the Brokerage may be receiving a finder’s fee, reward and/or referral incentive, and the Seller consents to any such benefit being received and retained by the Brokerage in addition to the Commission as described above. 5. REFERRAL OF ENQUIRIES: The Seller agrees that during the Listing Period, the Seller shall advise the Listing Brokerage immediately of all enquiries from any source whatsoever, and all offers to purchase submitted to the Seller shall be immediately submitted to the Listing Brokerage before the Seller accepts or rejects the same. If any enquiry during the Listing Period results in the Seller accepting a valid offer to purchase during the Listing Period or within the Holdover Period after the expiration of the Listing Period, the Seller agrees to pay the Listing Brokerage the amount of Commission set out above, payable within five (5) days following the Listing Brokerage’s written demand therefor. 6. MARKETING: The Seller agrees to allow the Listing Brokerage to show and permit prospective buyers to fully inspect the Property during reasonable hours and the Seller gives the Listing Brokerage the sole and exclusive right to place “For Sale” and “Sold” sign(s) upon the Property. The Seller consents to the Listing Brokerage including information in advertising that may identify the Property. The Seller further agrees that the Listing Brokerage shall have sole and exclusive authority to make all advertising decisions relating to the marketing of the Property for sale during the Listing Period. The Seller agrees that the Listing Brokerage will not be held liable in any manner whatsoever for any acts or omissions with respect to advertising by the Listing Brokerage or any other party, other than by the Listing Brokerage’s gross negligence or wilful act. 7. WARRANTY: The Seller represents and warrants that the Seller has the exclusive authority and power to execute this Authority to offer the Property for sale and that the Seller has informed the Listing Brokerage of any third party interests or claims on the Property such as rights of first refusal, options, easements, mortgages, encumbrances or otherwise concerning the Property, which may affect the sale of the Property. 8. INDEMNIFICATION AND INSURANCE: The Seller will not hold the Listing Brokerage and representatives of the Brokerage responsible for any loss or damage to the Property or contents occurring during the term of this Agreement caused by the Listing Brokerage or anyone else by any means, including theft, fire or vandalism, other than by the Listing Brokerage’s gross negligence or wilful act. The Seller agrees to indemnify and save harmless the Listing Brokerage and representatives of the Brokerage and any co-operating brokerage from any liability, claim, loss, cost, damage or injury, including but not limited to loss of the Commission payable under this Agreement, caused or contributed to by the breach of any warranty or representation made by the Seller in this Agreement or the accompanying data form. The Seller warrants the Property is insured, including personal liability insurance against any claims or lawsuits resulting from bodily injury or property damage to others caused in any way on or at the Property and the Seller indemnifies the Brokerage and all of its employees, representatives, salespersons and brokers (Listing Brokerage) and any co-operating brokerage and all of its employees, representatives, salespersons and brokers (co-operating brokerage) for and against any claims against the Listing Brokerage or co-operating brokerage made by anyone who attends or visits the Property. 9. FAMILY LAW ACT: The Seller hereby warrants that spousal consent is not necessary under the provisions of the Family Law Act, R.S.O. 1990, unless the spouse of the Seller has executed the consent hereinafter provided. 10. VERIFICATION OF INFORMATION: The Seller authorizes the Listing Brokerage to obtain any information affecting the Property from any regulatory authorities, governments, mortgagees or others and the Seller agrees to execute and deliver such further authorizations in this regard as may be reasonably required. The Seller hereby appoints the Listing Brokerage or the Listing Brokerage’s authorized representative as the Seller’s attorney to execute such documentation as may be necessary to effect obtaining any information as aforesaid. The Seller hereby authorizes, instructs and directs the above noted regulatory authorities, governments, mortgagees or others to release any and all information to the Listing Brokerage. 11. USE AND DISTRIBUTION OF INFORMATION: The Seller consents to the collection, use and disclosure of personal information by the Brokerage for the purpose of listing and marketing the Property including, but not limited to: listing and advertising the Property using any medium including the Internet; disclosing Property information to prospective buyers, brokerages, salespersons and others who may assist in the sale of the Property; such other use of

INITIALS OF LISTING BROKERAGE: INITIALS OF SELLER(S):

WEBForms® Dec/2018 the Seller’s personal information as is consistent with listing and marketing of the Property. The Seller consents, if this is an MLS® Listing, to placement of the listing information and sales information by the Brokerage into the database(s) of the MLS® System of the appropriate Board, and to the posting of any documents and other information (including, without limitation, photographs, images, graphics, audio and video recordings, virtual tours, drawings, floor plans, architectural designs, artistic renderings, surveys and listing descriptions) provided by or on behalf of the Seller into the database(s) of the MLS® System of the appropriate Board. The Seller hereby indemnifies and saves harmless the Brokerage and/or any of its employees, servants, brokers or sales representatives from any and all claims, liabilities, suits, actions, losses, costs and legal fees caused by, or arising out of, or resulting from the posting of any documents or other information (including, without limitation, photographs, images, graphics, audio and video recordings, virtual tours, drawings, floor plans, architectural designs, artistic renderings, surveys and listing descriptions) as aforesaid. The Seller acknowledges that the database, within the board’s MLS® System is the property of the real estate board(s) and can be licensed, resold, or otherwise dealt with by the board(s). The Seller further acknowledges that the real estate board(s) may: during the term of the listing and thereafter, distribute the information in the database, within the board’s MLS® System to any persons authorized to use such service which may include other brokerages, government departments, appraisers, municipal organizations and others; market the Property, at its option, in any medium, including electronic media; during the term of the listing and thereafter, compile, retain and publish any statistics including historical data within the board’s MLS® System and retain, reproduce and display photographs, images, graphics, audio and video recordings, virtual tours, drawings, floor plans, architectural designs, artistic renderings, surveysand listing descriptions which may be used by board members to conduct comparative analyses; and make such other use of the information as the Brokerage and/or real estate board(s) deem appropriate, in connection with the listing, marketing and selling of real estate during the term of the listing and thereafter. The Seller acknowledges that the information, personal or otherwise (“information”), provided to the real estate board or association may be stored on databases located outside of Canada, in which case the information would be subject to the laws of the jurisdiction in which the information is located. In the event that this Agreement expires or is cancelled or otherwise terminated and the Property is not sold, the Seller, by initialling:

consent to allow other real estate board members to contact the Seller after expiration or Does Does Not other termination of this Agreement to discuss listing or otherwise marketing the Property. 12. SUCCESSORS AND ASSIGNS: The heirs, executors, administrators, successors and assigns of the undersigned are bound by the terms of this Agreement. 13. CONFLICT OR DISCREPANCY: If there is any conflict or discrepancy between any provision added to this Agreement (including any Schedule attached hereto) and any provision in the standard pre-set portion hereof, the added provision shall supersede the standard pre-set provision to the extent of such conflict or discrepancy. This Agreement, including any Schedule attached hereto, shall constitute the entire Agreement between the Seller and the Listing Brokerage. There is no representation, warranty, collateral agreement or condition which affects this Agreement other than as expressed herein. 14. ELECTRONIC COMMUNICATION: This Agreement and any agreements, notices or other communications contemplated thereby may be transmitted by means of electronic systems, in which case signatures shall be deemed to be original. The transmission of this Agreement by the Seller by electronic means shall be deemed to confirm the Seller has retained a true copy of the Agreement. 15. ELECTRONIC SIGNATURES: If this Agreement has been signed with an electronic signature the parties hereto consent and agree to the use of such electronic signature with respect to this Agreement pursuant to the Electronic Commerce Act, 2000, S.O. 2000, c17 as amended from time to time. 16. SCHEDULE(S): ...... and data form attached hereto form(s) part of this Agreement. THE LISTING BROKERAGE AGREES TO MARKET THE PROPERTY ON BEHALF OF THE SELLER AND REPRESENT THE SELLER IN AN ENDEAVOUR TO OBTAIN A VALID OFFER TO PURCHASE THE PROPERTY ON THE TERMS SET OUT IN THIS AGREEMENT OR ON SUCH OTHER TERMS SATISFACTORY TO THE SELLER.

...... (Authorized to bind the Listing Brokerage) (Date) (Name of Person Signing)

THIS AGREEMENT HAS BEEN READ AND FULLY UNDERSTOOD BY ME, I ACCEPT THE TERMS OF THIS AGREEMENT AND I ACKNOWLEDGE ON THIS DATE I HAVE SIGNED UNDER SEAL. Any representations contained herein or as shown on the accompanying data form respecting the Property are true to the best of my knowledge, information and belief. SIGNED, SEALED AND DELIVERED I have hereunto set my hand and seal:

...... (Signature of Seller) (Seal) (Date) (Tel. No.) ...... (Signature of Seller) (Seal) (Date) (Tel. No.) SPOUSAL CONSENT: The undersigned spouse of the Seller hereby consents to the listing of the Property herein pursuant to the provisions of the Family Law Act, R.S.O. 1990 and hereby agrees to execute all necessary or incidental documents to further any transaction provided for herein.

...... (Spouse) (Seal) (Date) (Tel. No.) DECLARATION OF INSURANCE

The Salesperson/Broker/Broker of Record ...... (Name of Salesperson/Broker/Broker of Record) hereby declares that he/she is insured as required by REBBA.

...... (Signature(s) of Salesperson/Broker/Broker of Record) ACKNOWLEDGEMENT The Seller(s) hereby acknowledge that the Seller(s) fully understand the terms of this Agreement and have received a copy of this Agreement on the ……...... day of ……………...... …...... …………, 20 …...... ……

...... (Signature of Seller) (Date) ...... (Signature of Seller) (Date) 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 200 Revised 2019 Page 3 of 3

WEBForms® Dec/2018