¶¶Òõ¶ÌÊÓÆµ

Wholesale Real Estate Contract Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Wholesale Real Estate Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Wholesale Real Estate Contract

"I need a Wholesale Real Estate Contract for a commercial property in Ontario, with a 45-day assignment period and the ability to assign the contract up to two times before March 2025, including specific provisions for environmental due diligence and tenant notifications."

Document background
The Wholesale Real Estate Contract is designed for use in Canadian real estate transactions where an intermediary (wholesaler) seeks to acquire property rights with the intention of assigning them to an end buyer for a profit. This document is particularly relevant in situations where investors want to facilitate real estate transactions without taking title to the property. The agreement must comply with provincial real estate regulations and federal requirements, including those related to anti-money laundering and financial transactions. It contains essential provisions for property identification, purchase terms, assignment rights, due diligence periods, and closing conditions. The contract protects all parties' interests while enabling the wholesale transaction structure, making it a crucial tool for real estate investors, agents, and developers operating in the Canadian market.
Suggested Sections

1. Parties: Identification of all parties involved: Original Seller, Wholesaler (Initial Buyer), and End Buyer

2. Background: Context of the transaction, including the intention to wholesale the property

3. Definitions: Key terms used throughout the agreement, including property-specific and wholesale-related terminology

4. Property Details: Comprehensive description of the subject property, including legal description and current condition

5. Purchase Price and Payment Terms: Details of the purchase price, deposit requirements, and payment structure

6. Assignment Rights and Conditions: Explicit rights and conditions for assigning the contract to an end buyer

7. Due Diligence Period: Timeframe and conditions for property inspection, title review, and other investigations

8. Closing Conditions: Conditions that must be met before the transaction can close

9. Closing Date and Possession: Specified closing date and terms of possession transfer

10. Representations and Warranties: Statements of fact and promises made by each party regarding the property and transaction

11. Default and Remedies: Consequences and available remedies if either party defaults

12. Notices: How and where formal communications between parties should be delivered

13. Governing Law: Specification of Canadian law and relevant provincial jurisdiction

14. Execution: Signature blocks and execution requirements for all parties

Optional Sections

1. Financing Contingency: Include when the transaction depends on the end buyer obtaining financing

2. Property Management: Include when the property is tenant-occupied or requires interim management

3. Environmental Conditions: Include when there are known or suspected environmental issues

4. Renovation/Repair Requirements: Include when specific repairs or renovations are part of the agreement

5. Multiple Assignment Rights: Include when allowing for multiple assignments or wholesale transfers

6. Commission Structure: Include when real estate agents are involved in the transaction

7. Holdback Provisions: Include when part of the purchase price needs to be held in escrow

8. First Right of Refusal: Include when granting original seller right to match end buyer's offer

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description and property boundaries

2. Schedule B - Purchase Price Breakdown: Detailed breakdown of purchase price, wholesale fee, and payment structure

3. Schedule C - Due Diligence Documents: List of required documentation and inspection reports

4. Schedule D - Property Condition Report: Detailed assessment of property condition and known issues

5. Schedule E - Assignment Agreement: Specific terms and conditions for the assignment to end buyer

6. Schedule F - Permitted Encumbrances: List of accepted liens, easements, or encumbrances

7. Appendix 1 - Property Photos: Current photographs of the property

8. Appendix 2 - Required Disclosures: Mandatory disclosures required by provincial law

9. Appendix 3 - Title Documents: Relevant title documentation and search results

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



















































Clauses








































Relevant Industries

Real Estate

Property Development

Construction

Legal Services

Financial Services

Property Management

Real Estate Investment

Real Estate Brokerage

Property Inspection Services

Relevant Teams

Legal

Real Estate Operations

Property Acquisitions

Investment

Contract Administration

Due Diligence

Transaction Management

Risk Management

Compliance

Property Management

Relevant Roles

Real Estate Investor

Property Developer

Real Estate Agent

Real Estate Broker

Real Estate Lawyer

Investment Manager

Property Acquisition Manager

Contract Administrator

Legal Counsel

Transaction Coordinator

Investment Analyst

Property Portfolio Manager

Escrow Officer

Title Officer

Real Estate Investment Consultant

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Home Purchase Contract Form

A standardized Canadian legal agreement for residential property purchases, outlining terms, conditions, and obligations for both buyer and seller under Canadian real estate law.

find out more

Formal Offer To Purchase (Real Estate)

A legally binding document used in Canadian real estate transactions that outlines the terms and conditions for purchasing property, compliant with federal and provincial laws.

find out more

As Is Offer To Purchase (Real Estate)

A Canadian legal document for real estate purchases where the buyer agrees to accept the property in its current condition without warranties from the seller.

find out more

Home Offer Contract

A Canadian legal document formalizing an offer to purchase residential property, specifying price, terms, and conditions of the proposed real estate transaction.

find out more

House Purchase Offer

A Canadian legal document outlining a buyer's formal offer to purchase residential property, including proposed terms, conditions, and purchase price.

find out more

Basic Purchase And Sale Agreement

A standardized Canadian agreement documenting the terms and conditions for the sale and purchase of goods or property between parties.

find out more

Offer To Purchase Land

A legally binding document used in Canadian jurisdictions to initiate and outline the terms and conditions for purchasing real property.

find out more

Commercial Real Estate Letter Of Intent

A preliminary document under Canadian law outlining key terms and conditions for a commercial real estate transaction, serving as a framework for final agreement negotiations.

find out more

Letter Of Intent To Sell Property

A preliminary Canadian real estate document outlining proposed terms and conditions for a property sale, serving as a framework for the subsequent formal purchase agreement.

find out more

Purchase Agreement For Buying A House

A legally binding contract for residential property sale in Canada, detailing purchase terms and conditions under Canadian law.

find out more

Offer To Purchase Commercial Real Estate Form

A Canadian legal document presenting a formal offer to purchase commercial real estate, outlining transaction terms and conditions under Canadian law.

find out more

Owner Financed Real Estate Purchase Agreement

A Canadian legal agreement combining property sale terms with seller-provided financing arrangements, compliant with federal and provincial regulations.

find out more

Real Estate Lease To Own Contract

A Canadian legal agreement combining a residential lease with a purchase option, allowing tenants to rent a property while accumulating credits toward its eventual purchase.

find out more

Lot Land Purchase And Sale Agreement

A Canadian legal agreement for the purchase and sale of vacant land or lots, outlining transaction terms and ensuring compliance with federal and provincial property laws.

find out more

Offer To Purchase And Contract

A Canadian legal document that combines a formal property purchase offer with a binding contract, outlining all terms and conditions of a real estate transaction.

find out more

Real Estate Offer Contract

A Canadian legal document formalizing an offer to purchase real property, detailing essential terms and conditions in compliance with provincial regulations.

find out more

Buyer And Seller Agreement Contract

A Canadian-law governed agreement establishing terms and conditions for the sale and purchase of goods or services between buyer and seller.

find out more

Commercial Real Estate Offer To Purchase

A Canadian legal document initiating the purchase of commercial real estate, outlining key terms and conditions for the transaction.

find out more

Wholesale Purchase Agreement

A Canadian-law governed agreement establishing terms for wholesale purchase and supply of goods between commercial entities, including pricing, delivery, and quality requirements.

find out more

Wholesale Real Estate Contract

A Canadian legal agreement enabling the wholesale transfer of real estate from original seller to end buyer through a wholesaler, compliant with federal and provincial regulations.

find out more

Purchase Contract (Real Estate)

A legally binding agreement for real property transfer in Canada, outlining sale terms and conditions in compliance with federal and provincial regulations.

find out more

Purchase Agreement Contract

A Canadian-law governed agreement establishing terms and conditions for the sale and purchase of goods between parties, including price, delivery, and warranties.

find out more

Offer To Purchase (Real Estate)

A Canadian legal document presenting a formal offer to purchase real estate, outlining purchase terms and conditions in compliance with federal and provincial laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.