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Deed Of Absolute Sale Of A Portion Of Land
"I need a Deed of Absolute Sale of a Portion of Land for selling 5 acres of my 20-acre farmland in Ontario, with a right of way for agricultural vehicle access and water rights from the existing well on the remaining property, with closing planned for March 15, 2025."
1. Parties: Identification of the Vendor(s) and Purchaser(s) with their complete legal names, addresses, and capacity to contract
2. Background: Context of the transaction, including the Vendor's ownership of the larger parcel and intention to sell a portion
3. Definitions: Key terms used throughout the deed, including property-specific terminology and legal concepts
4. Property Description: Detailed legal description of the portion of land being sold, including boundaries, measurements, and reference to survey plans
5. Consideration: Purchase price and payment terms, including acknowledgment of receipt of funds
6. Transfer of Title: Express declaration of transfer of ownership and title from Vendor to Purchaser
7. Vendor's Warranties: Warranties regarding title, capacity to sell, absence of encumbrances, and compliance with laws
8. Property Condition: Statement regarding the condition of the property and any 'as is' provisions
9. Possession: Date and terms of giving possession to the Purchaser
10. Registration: Provisions for registration of the deed and cooperation in registration process
11. Execution: Formal execution clause and attestation requirements
1. Easements and Rights of Way: Required when the divided portion necessitates access rights over the remaining land
2. Environmental Warranties: Include when there are known or potential environmental concerns
3. Planning Approval: Required when subdivision approval is needed from local authorities
4. Service Connections: Include when arrangements for utilities and services need to be specified
5. Surviving Covenants: Include when there are ongoing obligations that survive closing
6. Tax Adjustments: Required when specific tax prorating or adjustments are needed
7. Foreign Ownership Declaration: Required when purchaser is a non-resident of Canada
1. Schedule A - Legal Description: Detailed legal description of the portion of land being sold, including survey references
2. Schedule B - Survey Plan: Reference plan or survey showing the divided portion and measurements
3. Schedule C - Permitted Encumbrances: List of permitted encumbrances that will continue after sale
4. Schedule D - Environmental Report: Environmental assessment results if applicable
5. Schedule E - Planning Approvals: Copies of subdivision or planning approvals
6. Schedule F - Access and Easement Plan: Detailed plan showing any easements or rights of way
7. Schedule G - Property Tax Statement: Current property tax assessment and payment status
Authors
Real Estate
Property Development
Agriculture
Commercial Property
Residential Property
Construction
Infrastructure
Mining
Renewable Energy
Industrial Development
Urban Planning
Land Development
Legal
Real Estate
Property Management
Land Development
Compliance
Property Acquisitions
Title and Registration
Planning and Zoning
Risk Management
Document Management
Real Estate Lawyer
Property Manager
Land Developer
Real Estate Agent
Title Examiner
Land Surveyor
Municipal Planning Officer
Real Estate Investment Manager
Property Development Director
Legal Counsel
Compliance Officer
Real Estate Acquisitions Manager
Land Registry Officer
Real Estate Transaction Coordinator
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