May 22, 2019

Real Estate Clauses in the Offer

These are useful clauses to include in any Agreement of Purchase and Sale / Offers –

 

Condition on Lawyer’s Approval –

This Offer is conditional for 10 business days upon the Purchaser’s Lawyer reviewing the offer and approving of its terms, failing which this offer shall be null and void and the Purchaser’s deposit returned in full without interest or deduction. This condition is included for the benefit of the Purchaser and may be waived by the Purchaser prior to the conditional period expiring.

 

Survey Clause – New Survey –

The Vendor agrees to provide a new survey of the Property showing all lot lines, all improvements (all buildings, structures, fences and other improvements) to the property and the distance of all such improvements from the lot lines.

 

Survey Clause – Current Survey –

The Vendor agrees to provide a current survey of the Property showing all lot lines, all improvements (all buildings, structures, fences and other improvements) to the property and the distance of all such improvements from the lot lines.

 

Contact Us –

Feel free to contact us at any point for assistance or advice with respect to Real Estate law. We may be reached at 705.435.4339 or contact us via email .