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Amendment Real Estate Purchase Contract
I need an Amendment Real Estate Purchase Contract to modify the closing date from March 15, 2025, to May 1, 2025, for a commercial property purchase in Ontario, due to pending municipal approval delays.
1. Parties: Identification of all parties to the original agreement, including full legal names and addresses
2. Background: Reference to the original Purchase Agreement including date, property details, and reason for amendment
3. Definitions: Key terms used in the amendment, including reference to definitions from the original agreement
4. Amendment Details: Specific modifications to the original agreement, clearly stating both the original terms and the new terms
5. Consideration: Statement of consideration for the amendment, if any additional consideration is being provided
6. Effect on Original Agreement: Confirmation that all other terms and conditions of the original agreement remain in full force and effect
7. Execution Requirements: Details of how and when the amendment takes effect
8. Governing Law: Confirmation of applicable Canadian provincial law governing the amendment
9. Counterparts: Statement that the amendment may be executed in counterparts
1. Additional Parties: Required when new parties are being added to the agreement
2. Time Sensitivity: Include when the amendment must be executed by a specific deadline
3. Conditional Changes: Used when amendments are subject to specific conditions being met
4. Real Estate Agent Acknowledgment: Required when changes affect real estate agent commissions or responsibilities
5. Mortgage Lender Approval: Needed when changes require lender approval
6. Title Company Acknowledgment: Include when changes affect closing or title requirements
1. Schedule A - Modified Terms: Detailed list of specific terms being modified, with original and new language
2. Schedule B - Revised Price Schedule: If price changes are involved, detailed breakdown of new price terms
3. Schedule C - Modified Dates: If timing changes are involved, comprehensive list of new dates and deadlines
4. Appendix 1 - Supporting Documents: Any new or modified supporting documents referenced in the amendment
5. Appendix 2 - Consent Forms: Required consent forms from third parties affected by the amendments
Authors
Amendment
Amendment Date
Amendment Effective Date
Closing Date
Original Agreement
Original Purchase Price
Amended Purchase Price
Property
Purchaser
Vendor
Deposit
Additional Deposit
Completion Date
Acceptance Date
Business Day
Conditions Precedent
Modified Terms
Permitted Encumbrances
Purchase Price Adjustment
Registration Date
Required Approvals
Statement of Adjustments
Subject Removal Date
Time of Essence
Transfer Documents
Amendment
Consideration
Purchase Price Modification
Closing Date Modification
Condition Modification
Property Description
Representations and Warranties
Title
Deposit
Due Diligence
Inspection
Financing
Insurance
Real Estate Commission
Assignment
Notice
Further Assurance
Severability
Governing Law
Entire Agreement
Counterparts
Electronic Execution
Time of Essence
Survival
Registration
Force Majeure
Real Estate
Legal Services
Banking & Financial Services
Insurance
Property Management
Construction & Development
Professional Services
Property Investment
Urban Planning
Mortgage Lending
Legal
Real Estate Operations
Property Management
Contract Administration
Compliance
Risk Management
Corporate Real Estate
Investment
Documentation
Client Services
Real Estate Agent
Real Estate Broker
Property Lawyer
Real Estate Lawyer
Mortgage Specialist
Title Officer
Property Manager
Real Estate Paralegal
Closing Coordinator
Contract Administrator
Real Estate Transaction Manager
Commercial Real Estate Manager
Real Estate Investment Manager
Property Development Manager
Legal Counsel
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