Agreement for the Purchase and Sale of a Residential Building

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Agreement for the Purchase and Sale of a Residential Building

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Agreement for the Purchase and Sale of a Residential Building

Agreement for the Purchase and Sale of a Residential Building

Agreement for the Purchase and Sale of a Residential Building

0.00 INTERPRETATION
0.01 Definitions
0.01.01 Activities
0.01.02 Agreement
0.01.03 Building
0.01.04 Breach
0.01.05 Change in Control
0.01.06 Closing Date
0.01.07 Confidential Information
0.01.08 Effective Date
0.01.09 Encumber or Encumbrance
0.01.10 Event of Default
0.01.11 Force Majeure
0.01.12 Fundamental Provisions
0.01.13 Hypothec
0.01.14 Indemnification Guarantee
0.01.15 Law
0.01.16 Leases
0.01.17 Legal Representatives
0.01.18 Movable Effects
0.01.19 Offer
0.01.20 PARTY
0.01.21 Person
0.01.22 Prime Rate
0.01.23 Related Person
0.01.24 Transition Period
0.02 Precedence
0.03 Jurisdiction
0.03.01 Governing Law
0.03.02 Non compliance
0.04 General
0.04.01 Cumulative Rights
0.04.02 Time and Dates
0.04.03 Financial References
0.04.04 References within Agreement
0.04.05 Gender and Number
0.04.06 Headings
0.04.07 Presumptions
0.04.08 Knowledge
0.04.09 Approval
0.04.10 GAAP
1.00 PURPOSE
1.01 Sale and Purchase
1.02 Conditions
1.02.01 Required by PURCHASER
1.02.02 Required by VENDOR
1.02.03 Choice
2.00 CONSIDERATION
2.01 Base Amount
2.02 Adjustments
3.00 TERMS OF PAYMENT
3.01 Deposit
3.02 Hypothec
3.03 Instalment
3.04 Balance
3.05 Claim by a Third Party
3.06 Promissory Note
3.07 Interest
3.08 Advance Payment
3.09 Third Party Owner
3.10 Loss of Term
4.00 SECURITY
4.01 In favour of PURCHASER
4.01.01 Indemnification Guarantee
4.02 In favour of VENDOR
4.02.01 Movable Hypothec Without Delivery
4.02.02 Immovable Hypothec
4.02.03 Suretyship
5.00 MUTUAL REPRESENTATIONS AND WARRANTIES
5.01 Authority
5.02 Binding Agreement
5.03 Canadian Resident
5.04 Commission
5.05 Fundamental Provisions
6.00 REPRESENTATIONS AND WARRANTIES OF THE PURCHASER
6.01 Status
6.02 Insurance
6.03 Nominee
6.04 Disclosure
7.00 REPRESENTATIONS AND WARRANTIES OF THE VENDOR
7.01 Status
7.02 Insurance
7.03 Bankruptcy
7.04 Security
7.05 Ownership Right
7.05.01 Sole Owner
7.05.02 Preference
7.06 Quality of Titles
7.07 Leases
7.07.01 Compliance
7.07.02 Value
7.07.03 Claim
7.08 Encumbrance
7.09 Condition
7.10 Public Utilities
7.11 Permits
7.12 Historical Building
7.13 Legal Proceedings
7.14 Taxes
7.15 Income Statement
7.16 Environment
7.16.01 Premises
7.16.02 Notice of Default
7.17 Disclosure
8.00 MUTUAL DUTIES AND OBLIGATIONS
8.01 Confidential Information
8.01.01 Undertaking
8.01.02 End of Agreement
8.02 Disclosure
9.00 DUTIES AND OBLIGATIONS OF THE PURCHASER
9.01 Insurance
9.01.01 Undertaking
9.01.02 Replacement
9.01.03 VENDOR’s rights
9.01.04 Authorization
9.02 Acceptance of Delivery
9.03 Taxes
9.04 Leases
9.05 Contributions
9.06 Registration
10.00 DUTIES AND OBLIGATIONS OF VENDOR
10.01 Risks
10.02 Delivery
10.03 Warranties
10.04 Transfer of Permits
10.05 Administration
10.06 Assistance
10.07 Zoning and Planning
10.08 Indemnification
10.08.01 “Loss”
10.08.02 Scope
10.08.03 Procedure
10.08.04 Deductible
10.08.05 Limitation on Claims
11.00 SPECIAL PROVISIONS
11.01 Assignment
11.02 Force Majeure
11.02.01 No Default
11.02.02 Duty
11.02.03 Rights of Other PARTY
11.03 Further Assurances
11.04 Other Remedies
11.04.01 Choices
11.04.02 No Limitations
11.05 Prescription
11.06 Fees
11.07 Employees
12.00 GENERAL PROVISIONS
12.01 Notice
12.02 Dispute Resolution
12.02.01 Good Faith Negotiations
12.02.02 Mediation
12.02.03 Arbitration
12.03 Election
12.04 Counterparts
12.05 Amendment
12.06 Waiver of Rights
12.07 Electronic Transmission
12.08 Language
13.00 TERMINATION
13.01 With Notice from VENDOR
13.02 With Notice from PURCHASER
14.00 EFFECTIVE DATE
14.01 Retroactivity
14.02 Execution
14.03 Deferral
15.00 DURATION
15.01 Instantaneous
15.02 Survival
16.00 SCOPE

SCHEDULE A - EXCERPT OF A RESOLUTION OF PURCHASER
SCHEDULE B - EXCERPT OF A RESOLUTION OF VENDOR
SCHEDULE 0.01.13– HYPOTHEC
SCHEDULE 0.01.16 – LEASES DESCRIPTION
SCHEDULE 0.01.18 – MOVABLE EFFECTS DESCRIPTION
SCHEDULE 3.06 – PROMISSORY NOTE
SCHEDULE 4.02.03 – SURETYSHIP
SCHEDULE 4.02.02– IMMOVABLE HYPOTHEC
SCHEDULE 4.02.01– MOVABLE HYPOTHEC WITHOUT DELIVERY
SCHEDULE 7.06 – ENCUMBRANCES