Commercial Property Purchase Agreement Template for Canada

1. Environmental Matters: Specific provisions relating to environmental investigations and liabilities, used when property has potential environmental concerns

2. Tenant Rights: Provisions dealing with existing tenants, used when property is currently leased

3. Development Conditions: Specific provisions related to future development rights, used when purchaser plans to develop the property

4. Vendor Financing: Terms of any vendor financing arrangement, used when vendor is providing partial financing

5. Property Management: Transition provisions for property management, used for properties with ongoing management needs

6. GST/HST Elections: Special tax elections and arrangements, used when applicable to the transaction

7. Foreign Investment: Additional provisions required for foreign buyers, used when purchaser is non-Canadian

1. Schedule A - Property Legal Description: Detailed legal description of the property including boundaries and easements

2. Schedule B - Permitted Encumbrances: List of accepted liens, easements, and encumbrances

3. Schedule C - Fixtures and Chattels: Detailed inventory of included and excluded items

4. Schedule D - Leases: List and details of existing leases and tenancies

5. Schedule E - Service Contracts: List of ongoing service contracts and maintenance agreements

6. Schedule F - Required Documents: Checklist of documents required for closing

7. Schedule G - Environmental Reports: List of environmental studies and reports

8. Appendix 1 - Site Plan: Visual representation of the property and buildings

9. Appendix 2 - Due Diligence Documents: List of documents provided for due diligence

10. Appendix 3 - Form of Transfer/Deed: Template of the transfer documentation