Buyers Agreement Form for Canada

Buyers Agreement Form Template for Canada

A legally binding agreement used in Canadian real estate transactions that establishes the formal relationship between a buyer and a real estate brokerage/agent. This document outlines the terms and conditions under which the brokerage will represent the buyer in their property search and purchase, including the scope of services, commission structure, and duration of representation. It ensures compliance with provincial real estate regulations and consumer protection laws while protecting the interests of both parties throughout the property purchase process.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our Canada-compliant Buyers Agreement Form

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Buyers Agreement Form

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

Upload your Doc

What is a Buyers Agreement Form?

The Buyer's Agreement Form is a crucial document in Canadian real estate transactions that formalizes the professional relationship between a prospective property buyer and a real estate brokerage. This agreement is typically used at the beginning of the property search process and is required in many Canadian provinces to ensure clear understanding of the responsibilities and obligations of both parties. The document includes essential details such as the duration of the agreement, services to be provided, commission structures, and provisions for handling potential conflicts of interest. It complies with provincial real estate regulations and includes necessary consumer protection measures. The agreement is particularly important as it provides legal protection for both the buyer and the brokerage, establishing clear expectations and preventing potential disputes during the property purchase process.

What sections should be included in a Buyers Agreement Form?

1. Parties: Identifies and provides full legal details of the buyer(s) and the real estate brokerage/agent

2. Background: Establishes the context of the agreement and the buyer's intention to purchase property with the assistance of the brokerage

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Term of Agreement: Specifies the duration of the agreement, including start and end dates

5. Services to be Provided: Details the specific services the brokerage will provide to the buyer

6. Buyer's Obligations: Outlines the buyer's responsibilities and commitments under the agreement

7. Brokerage Remuneration: Specifies the commission structure and payment terms

8. Multiple Representation: Addresses situations where the brokerage may represent both buyer and seller

9. Privacy Policy: Explains how personal information will be collected, used, and protected

10. Termination: Describes the conditions and process for ending the agreement

11. Governing Law: Specifies that the agreement is governed by Canadian law and the specific provincial jurisdiction

12. Execution: Signature block and date of agreement execution

What sections are optional to include in a Buyers Agreement Form?

1. International Buyer Provisions: Additional terms specific to non-resident buyers, including tax implications and foreign buyer restrictions

2. Financing Conditions: Specific terms related to the buyer's financing requirements and conditions

3. Property Type Specifications: Specific terms for particular property types (commercial, residential, agricultural) being sought

4. Team Representation: Details when multiple agents within the brokerage will be working with the buyer

5. Digital Communication Consent: Specific provisions for electronic communications and virtual services

6. Assignment Rights: Terms governing whether and how the buyer can assign their rights under the agreement

What schedules should be included in a Buyers Agreement Form?

1. Schedule A - Buyer's Property Requirements: Detailed list of the buyer's specific property requirements and preferences

2. Schedule B - Commission Structure: Detailed breakdown of commission rates and payment scenarios

3. Schedule C - Service Package Details: Comprehensive list of services included in the agreement

4. Appendix 1 - Agency Disclosure: Mandatory disclosure of agency relationships as required by provincial law

5. Appendix 2 - Privacy Policy: Detailed privacy policy and information handling procedures

6. Appendix 3 - Identification Requirements: Forms and requirements for identity verification under anti-money laundering regulations

Authors

Alex Denne

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

Cost

Free to use

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Residential Property

Commercial Property

Property Development

Property Investment

Legal Services

Financial Services

Relevant Teams

Real Estate Sales

Legal Operations

Compliance

Customer Relations

Transaction Processing

Business Development

Document Administration

Contract Management

Relevant Roles

Real Estate Agent

Real Estate Broker

Brokerage Manager

Compliance Officer

Legal Counsel

Real Estate Administrator

Transaction Coordinator

Sales Director

Customer Relations Manager

Property Consultant

Business Development Manager

Find the exact document you need

No matches found.

Lease Option To Buy Agreement

A Canadian legal agreement combining a property lease with an option for the tenant to purchase the property under specified terms and conditions.

How Cambridge United Uses Genie AI to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Buyers Agreement Form?

What sections should be included in a Buyers Agreement Form?

What sections are optional to include in a Buyers Agreement Form?

What schedules should be included in a Buyers Agreement Form?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

Lease Option To Buy Agreement

Special Sales Contract (Real Estate)

Simple Offer To Purchase Form

Commercial Truck Purchase Agreement

Source Code Purchase Agreement

Letter Of Intent (Real Estate)

Bike Purchase Agreement

Offer And Acceptance (Real Estate)

Letter Of Intent Commercial (Real Estate)

For Sale By Owner Real Estate Purchase Agreement

Contract For Selling A Car With Payments

Heavy Equipment Purchase Agreement

Letter Of Intent To Purchase

Lease With Option To Purchase Agreement

Conditional Purchase Agreement

Agreement To Sell And Agreement For Sale

Agreement For Sale Of Flat

Simple Stock Purchase Agreement

Probate Purchase Agreement

Offer And Agreement To Purchase Mobile Home

Non Binding Letter Of Intent To Purchase Product

Land Sell Agreement Form

Earnest Money Form

Dealer Purchase Agreement

Cross Purchase Agreement

Agreement For House Purchase

Lease To Buy Land

Gas Station Purchase Agreement

Semi Truck Purchase Agreement Form

Horse Lease Agreement With Option To Purchase

Contract For Selling A House By Owner

Wholesale Product Purchase Agreement

House Offer Contract

Tractor Purchase Agreement

Lease Buy Out Agreement

Option To Purchase Form

Land Offer To Purchase

Pre Contract Agreement Property Purchase

Simple Offer To Purchase Land Form

Hydrogen Purchase Agreement

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Use Cases

Generate Legal Docs Free