The Contract to Sell Land is a fundamental legal document used in Canadian real estate transactions when transferring ownership of land from one party to another. This agreement is essential for both commercial and residential property transactions and must comply with both federal and provincial legislation. The document typically includes detailed property descriptions, purchase price, payment terms, closing conditions, and various warranties and representations. It's particularly important in the Canadian context due to specific requirements around land registry systems, tax implications, and potential restrictions on foreign ownership. The agreement must be in writing and should address all material aspects of the transaction, including environmental considerations, zoning compliance, and title requirements. This contract type serves as the foundation for the eventual transfer of title and is typically preceded by a more informal Agreement of Purchase and Sale.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identification of the Vendor and Purchaser with full legal names and addresses
2. Background: Context of the transaction and brief description of the property being sold
3. Definitions: Key terms used throughout the agreement including Property, Closing Date, Purchase Price, Deposit
4. Property Description: Detailed legal description of the land and any improvements, including municipal address and legal title details
5. Purchase Price and Payment: Total purchase price, deposit amount, payment schedule, and method of payment
6. Closing Date and Possession: Specified date for completion of the transaction and transfer of possession
7. Title and Ownership: Warranties of clear title and conditions of ownership transfer
8. Representations and Warranties: Standard declarations by both parties regarding authority, capacity, and property condition
9. Conditions Precedent: Essential conditions that must be met before closing, including financing and inspections
10. Closing Deliverables: Documents and items to be delivered by each party at closing
11. Adjustments: How property taxes, utilities, and other expenses will be prorated between parties
12. Default and Remedies: Consequences and available remedies if either party fails to perform
13. Notices: How and where formal communications between parties should be delivered
14. General Provisions: Standard contract clauses including governing law, entire agreement, and amendment procedures
1. Tenant Rights and Obligations: Required if the property is currently tenanted, describing existing lease agreements and transition of tenant relationships
2. Environmental Matters: Required for properties with known environmental issues or when environmental assessment is a condition
3. Heritage Requirements: Required for heritage-designated properties or properties in heritage conservation districts
4. Condominium Provisions: Required for condominium properties, including specific obligations and rules
5. Agricultural Land Provisions: Required for farmland or properties under agricultural zoning
6. First Nations Considerations: Required for properties on or adjacent to First Nations lands or subject to land claims
7. Development Conditions: Required when the sale is conditional on specific development approvals or zoning changes
8. Mineral Rights: Required when mineral rights are included or specifically excluded from the sale
9. Water Rights: Required for properties with significant water features or water access rights
1. Schedule A - Property Description: Detailed legal description of the land, including surveys and plans
2. Schedule B - Permitted Encumbrances: List of accepted liens, easements, or other encumbrances that will continue after closing
3. Schedule C - Purchase Price Allocation: Breakdown of purchase price between land, buildings, and other improvements
4. Schedule D - Included Chattels: List of personal property included in the sale
5. Schedule E - Excluded Fixtures: List of items typically considered fixtures that are excluded from the sale
6. Schedule F - Current Leases: Copies or summaries of existing lease agreements affecting the property
7. Schedule G - Environmental Reports: Summary or copies of environmental assessments or reports
8. Schedule H - Development Permits: Copies of current development permits or approvals affecting the property
9. Appendix 1 - Property Photographs: Recent photographs documenting the current condition of the property
10. Appendix 2 - Site Plan: Detailed plan showing property boundaries, structures, and significant features
Authors
Find the document you need
No items found.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
