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Agreement of Purchase and Sale
Agreement of Purchase and Sale
Description:
A Purchase Agreement is a legal document that outlines the terms and conditions of a sale between two parties. It usually includes details such as the purchase price, payment terms, delivery arrangements, and any warranties or guarantees. This agreement ensures both parties understand their rights and obligations, helping to prevent potential disputes. While commonly used in business-to-business transactions, it can also apply to consumer transactions.
How to obtain this
Clients can request this from their realtor.
Agreement of Purchase and Sale.pdfAmendment to APS
Amendment to APS
Description: An amendment – a change to one or more terms in an agreement – is a tool commonly used in real estate. A latecomer to the transaction, an amendment is proposed after an offer has been accepted and a valid and enforceable agreement of purchase and sale (APS) is already in place. When an amendment is presented, a party to the agreement seeks a change to the original deal -- technically, it is an offer to amend.
How to obtain this: To amend an APS, consult all involved parties to agree on the changes, then draft an amendment document clearly outlining the modifications. Ensure all parties sign the document, and submit it to relevant stakeholders, such as lenders or legal authorities, for approval and record-keeping.
Amendment to APS.pdfDescription: Document issued by a builder or developer to acknowledge receipt of a deposit paid by a buyer when purchasing a new home or condo. This deposit is typically required to secure the property and is held in trust by a lawyer or a licensed real estate broker to comply with local regulations, ensuring the funds are protected until closing.
How to obtain this: Provide the required deposit to the builder or developer, who will issue the receipt as proof of payment.
Builder Deposit Receipt.pdfCondo Board Letter
Condo Board Letter
Description
This letter proves the amount of your condo fees on your current condo.
Tip
Make sure the letter contains how much you pay in monthly fees, as well as contact information for your condo board.
How to obtain this
Ask your condo board for this letter.
Condo Board Letter.pdfCondo Documents
Condo Documents
Description
This document provides a health overview of the condominium corporation.
Tip
Sometimes referred to as a STRATA / STATUS certificate.
Condo Documents.pdfFinal Builder Statement of Adjustment
Final Builder Statement of Adjustment
Description
This document describes your final purchase price, including any upgrades that have been selected.
Tip
Your realtor or builder will be able to provide a copy of this to you or us.
Final Builder Statement.pdfFloor Plan
Floor Plan
Description: Scaled diagram that outlines the layout of a property, showing the arrangement of rooms, walls, doors, windows, and other architectural features from a top-down view. It helps buyers and renters visualize the space and flow of the property before purchase or rental.
How to obtain this: Request it from the builder, developer, real estate agent, or property owner, or by hiring a professional to create one if it's not already available.
Floor Plan.pdfIndependent Contractor Agreement
Independent Contractor Agreement
Description: Legal contract between a company or individual (the client) and a self-employed worker (the contractor) outlining the terms of their professional relationship. It specifies the scope of work, payment terms, responsibilities, confidentiality, and other conditions while clarifying that the contractor is not an employee and operates independently.
How to obtain this: Draft using a template, hiring a lawyer to create a customized agreement, or requesting one from the client or organization engaging your services.
Independent Contractor Agreement Template Signaturel.pdfInvoice Sample
Invoice Sample
Description: Document used by businesses or contractors to bill clients for goods or services provided. It typically includes details like the seller's and buyer's information, a description of the goods or services, amounts, taxes, payment terms, and a unique invoice number.
How to obtain this: Create based on the standard format with necessary details like services, amounts, and taxes.
Invoice Sample.pdfLot Plan
Lot Plan
Description: Detailed map or diagram showing the layout of a specific parcel of land, including boundaries, dimensions, and any structures or features on the property. It is commonly used in real estate transactions and for development purposes to outline the legal description of the land and how it is subdivided or zoned.
How to obtain this: Request it from the municipality or local land registry office, where it is typically available as part of the property’s legal records, or by contacting a land surveyor who can create an accurate plan for the property.
Lot Plan.pdfMortgage Statement
Mortgage Statement
Description
A mortgage statement is a document provided by your mortgage holder. It contains information such as current mortgage amount, mortgage term, and amortization. Please provide mortgage statements for all properties you own.
Tip
Mortgage providers will send an annual mortgage statement every year. They will also provide a monthly statement, but it might not be by mail.
How to obtain this
If you have online banking, it is likely that you can obtain a recent monthly mortgage statement online from your mortgage provider.
Mortgage Statement Sample.pdfMLS Listing
MLS Listing
Description:
A Multiple Listing Service (MLS) Listing is a document used by real estate brokers and agents to list properties for sale. It provides detailed information about the property, such as its location, features, and price. MLS Listings help brokers and agents market properties to potential buyers and other industry professionals. Appraisers and lenders also use MLS Listings to determine the property’s value.
How to obtain this
While MLS Listings can often be searched online, they are typically requested from a realtor.
Copy of Realtor View MLS Listing 2.pdfNotice of Fulfillment
Notice of Fulfillment
Description: Legal document used to confirm that a party has completed all obligations or conditions outlined in a contract, such as a real estate agreement or construction contract. It signifies that the terms of the agreement have been met, allowing the next steps in the transaction, like closing or release of payments, to proceed.
How to obtain this: Prepare once all conditions of the contract are met or by working with a lawyer or real estate professional who can draft and file the notice on your behalf.
Notice of Fulfillment.pdfProperty Tax Bill
Property Tax Bill
Description:
Property tax is calculated and billed using the property's assessed value. Your property tax certificate will show what is owed on your property taxes and how much was charged. Please provide certificates/statements for all current properties you are on title/mortgage to.
Tip
This document will outline the assessment details of your property and also how much property tax you need to pay for each respective year.
How to obtain this
This document is sent every year by your municipality.
Property Tax Bill Sample 3.pdfStandard Lease Agreement
Standard Lease Agreement
Description: Terms and conditions under which a landlord rents their property to a tenant. In most provinces and territories, there is a government-mandated standard lease or rental agreement template that landlords must use to ensure clarity and fairness.
How to obtain this: Download it from your province or territory's official tenancy authority website.
Standard Lease Agreement.pdfPage updated
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