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1. Parties: Identifies and provides full legal names and addresses of the buyer(s) and seller(s)
2. Background: Establishes the context of the transaction and confirms the seller's ownership of the property
3. Definitions: Defines key terms used throughout the agreement
4. Property Description: Detailed legal description of the property including address, lot number, and property boundaries
5. Purchase Price: States the total purchase price and breaks down the deposit and payment structure
6. Deposit: Specifies deposit amount, payment timing, and how it will be held in trust
7. Closing Date: Specifies the date of closing and conditions for any extensions
8. Conditions Precedent: Lists all conditions that must be met before the agreement becomes firm
9. Representations and Warranties: Statements of fact by both parties about the property and their capacity to enter into the agreement
10. Property Inspection: Terms regarding the buyer's right to inspect the property and consequences of inspection findings
11. Title: Requirements for clear title and process for addressing title issues
12. Included and Excluded Items: Lists fixtures and chattels included or excluded from the sale
13. Adjustments: Details how property taxes, utilities, and other expenses will be prorated
14. Risk: Specifies who bears risk of damage to the property before closing
15. Default: Consequences of default by either party
16. Notices: How formal communications between parties should be made
17. Closing Procedures: Details the process and requirements for closing
18. General Provisions: Standard legal provisions including governing law, assignment, and entire agreement
1. Financing Condition: Used when buyer requires mortgage financing to complete the purchase
2. Sale of Buyer's Property: Include when purchase is conditional on buyer selling their existing property
3. Rental Property Provisions: Required when property is currently tenanted or will be tenant-occupied
4. Swimming Pool/Hot Tub Compliance: Include when property includes these features to ensure compliance with safety regulations
5. Home Warranty: Used for new construction or recently built homes
6. Environmental Provisions: Include when there are known or potential environmental issues
7. Heritage Property Requirements: Required for properties designated as heritage buildings
8. Condominium Provisions: Include specific provisions for condominium purchases
9. Foreign Buyer Provisions: Required when buyer is not a Canadian resident
10. GST/HST Provisions: Include for new construction or substantially renovated properties
1. Schedule A - Legal Description: Detailed legal description of the property from land registry
2. Schedule B - Included Items: Comprehensive list of fixtures and chattels included in the sale
3. Schedule C - Excluded Items: List of items specifically excluded from the sale
4. Schedule D - Property Condition Disclosure: Seller's disclosure of known property conditions and defects
5. Schedule E - Title Searches: Results of title searches and any identified encumbrances
6. Schedule F - Environmental Reports: Any environmental assessments or reports
7. Schedule G - Property Survey: Current survey of the property showing boundaries and structures
8. Schedule H - Condominium Documents: Required documents for condominium purchases
9. Appendix 1 - Property Photographs: Current dated photographs of the property
10. Appendix 2 - Floor Plans: Current floor plans of the property
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