Condo Purchase And Sale Agreement Template for Canada

1. Parking and Storage: Details of any parking spaces or storage units included in the sale

2. Rental Units: Required if the unit is currently tenanted or has existing lease agreements

3. Property Management: Special arrangements regarding property management during transition

4. Financing Provisions: Detailed terms if seller financing is involved

5. Construction Warranty: For new construction condos, details of builder warranties

6. Foreign Buyer Provisions: Required if buyer is a non-resident of Canada

7. HST/GST Provisions: Detailed tax provisions for new or substantially renovated units

8. Assignment: Rights and conditions for assigning the agreement to another buyer

1. Schedule A - Legal Description: Full legal description of the property from land registry

2. Schedule B - Included Items: List of fixtures and chattels included in the purchase price

3. Schedule C - Excluded Items: List of items specifically excluded from the sale

4. Schedule D - Common Elements: Description of common elements and exclusive use areas

5. Schedule E - Financial Disclosure: Status certificate and financial information about the condo corporation

6. Schedule F - Condo Rules and Bylaws: Current condominium rules, regulations, and bylaws

7. Schedule G - Unit Floor Plan: Detailed floor plan of the unit and measurements

8. Schedule H - Parking/Storage Plan: Layout and identification of parking and storage units if included

9. Appendix 1 - Form 1 (Condominium Status Certificate): Standard form status certificate as required by provincial legislation

10. Appendix 2 - Recent Condo Corporation Minutes: Minutes from recent condo board meetings and AGM