Deed Of Sale Of Condominium Unit for Canada

Deed Of Sale Of Condominium Unit Template for Canada

A Deed of Sale of Condominium Unit is a legally binding document used in Canadian jurisdictions to transfer ownership of a condominium unit from a seller to a buyer. This document, governed by provincial legislation including the respective Condominium Act and Land Titles Act, outlines the terms and conditions of the sale, including property description, purchase price, included features, and obligations of both parties. It addresses specific aspects of condominium ownership such as common elements, maintenance fees, and compliance with condominium corporation bylaws, while ensuring all provincial legal requirements for property transfer are met.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Deed Of Sale Of Condominium Unit

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 Deed Of Sale Of Condominium Unit?

The Deed of Sale of Condominium Unit is an essential legal document used in Canadian real estate transactions to facilitate the transfer of condominium ownership. This document is required whenever a condominium unit is sold in Canada, whether in a new development or resale situation. It must comply with provincial legislation, including the relevant Condominium Act, Land Titles Act, and Real Estate and Business Brokers Act. The deed includes crucial information about the property, parties involved, purchase price, included features, and specific details about condominium ownership such as common elements and maintenance obligations. It serves as the official record of the property transfer and must be registered with the appropriate land registry office to complete the transaction.

What sections should be included in a Deed Of Sale Of Condominium Unit?

1. Parties: Identification of the Vendor(s) and Purchaser(s) with full legal names and addresses

2. Background: Context of the transaction, including brief description of the property and intention to transfer

3. Definitions: Key terms used throughout the deed, including 'Property', 'Common Elements', 'Unit', 'Closing Date', etc.

4. Property Description: Detailed legal description of the condominium unit, including unit number, level, building address, and registered plan number

5. Purchase Price: Statement of the total purchase price and payment terms

6. Deposit: Details of the deposit amount, payment schedule, and handling of funds

7. Transfer of Title: Terms regarding the transfer of legal ownership and possession

8. Vendor's Representations and Warranties: Standard warranties regarding title, authority to sell, and property condition

9. Purchaser's Covenants: Purchaser's obligations and acknowledgments regarding the property

10. Closing Adjustments: Details of adjustments for property taxes, maintenance fees, and utilities

11. Condominium Documents: Reference to and incorporation of condominium declaration, by-laws, and rules

12. Risk: Transfer of risk and insurance obligations

13. Execution: Signature blocks and witness requirements

What sections are optional to include in a Deed Of Sale Of Condominium Unit?

1. Mortgage Arrangements: Include when purchaser is obtaining mortgage financing, detailing lender requirements and conditions

2. Assignment Rights: Include when parties wish to specify whether the agreement can be assigned to another purchaser

3. HST/GST Declaration: Include when the property may be subject to HST/GST, particularly for new constructions

4. Property Management: Include when there are specific arrangements regarding property management transition

5. Parking and Storage: Include when separate parking spaces or storage units are being transferred

6. Special Assessments: Include when there are pending or ongoing special assessments by the condo corporation

7. Pre-existing Tenancies: Include when the unit is currently tenanted and details of lease arrangements need to be addressed

What schedules should be included in a Deed Of Sale Of Condominium Unit?

1. Schedule A - Legal Description: Detailed legal description of the property including PIN, registration details, and boundaries

2. Schedule B - Included Items: List of fixtures, appliances, and other items included in the sale

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

4. Schedule D - Current Financial Obligations: Statement of current condo fees, property taxes, and other ongoing financial obligations

5. Schedule E - Unit Floor Plan: Detailed floor plan of the unit showing dimensions and layout

6. Schedule F - Parking/Storage Unit Details: Specific details of any parking spaces or storage units included in the sale

7. Schedule G - Status Certificate: Current status certificate from the condominium corporation

8. Schedule H - Condominium Rules and Regulations: Current version of condominium rules and 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

Jurisdiction

Canada

Publisher

Genie AI

Document Type

Sales Contract

Sector

Sales

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Legal Services

Banking and Finance

Insurance

Property Management

Construction and Development

Professional Services

Public Administration

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Documentation

Risk Management

Transaction Processing

Client Services

Operations

Relevant Roles

Real Estate Lawyer

Property Lawyer

Real Estate Agent

Real Estate Broker

Property Manager

Mortgage Specialist

Title Insurance Officer

Legal Assistant

Paralegal

Conveyancer

Real Estate Development Manager

Compliance Officer

Legal Document Specialist

Real Estate Transaction Coordinator

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Land Contract For Sale

A legally binding agreement for the purchase and sale of real property in Canadian jurisdictions, outlining terms and conditions for land transfer.

find out more

Dog Sale Contract

A Canadian-law governed agreement for the sale and transfer of ownership of a dog, including health guarantees and ownership responsibilities.

find out more

Dog Bill Of Sale

A Canadian legal document that formalizes the sale and transfer of ownership of a dog, ensuring compliance with provincial and federal regulations while protecting both buyer's and seller's interests.

find out more

Deed Of Sale Form For Car

A legal document for vehicle ownership transfer in Canada, detailing sale terms and complying with federal and provincial requirements.

find out more

Commission Sales Agreement

A Canadian-law governed agreement establishing terms for commission-based sales representation, including compensation structure and performance requirements.

find out more

Land For Sale Land Contract

A legally binding agreement for land sale transactions in Canada, outlining terms and conditions for property transfer from seller to buyer.

find out more

Deed Of Sale For Property

A legally binding document under Canadian law that transfers real property ownership from seller to buyer, containing all essential terms and conditions of the sale.

find out more

Sale Agreement Of Immovable Property

A legally binding agreement used in Canadian jurisdictions to document and facilitate the transfer of real estate ownership between a vendor and purchaser, outlining all essential terms and conditions of the sale.

find out more

Real Estate Installment Sales Contract

A Canadian-law governed agreement for the sale of real estate property through scheduled installment payments, with the seller retaining title until full payment is received.

find out more

Contract To Sell

A Canadian-law governed agreement documenting terms and conditions for the sale of goods between parties, compliant with federal and provincial regulations.

find out more

Farm Purchase Agreement

A Canadian legal agreement for the purchase and sale of agricultural property, including land, buildings, equipment, and associated rights under federal and provincial jurisdiction.

find out more

Non Compete Agreement Sale Of Business

A Canadian legal agreement that prevents a business seller from competing with the sold business, including specific temporal and geographic restrictions.

find out more

Sale Of Business As A Going Concern Agreement

A Canadian law-governed agreement for the transfer of an operational business entity, including all assets, liabilities, and ongoing operations from vendor to purchaser.

find out more

Agreement To Sell With Possession

A Canadian legal agreement that combines property sale terms with immediate possession arrangements, allowing the buyer to occupy the property before the sale closes.

find out more

Form For Sale Of Vehicle

A Canadian-compliant agreement template for vehicle sales transactions, suitable for use by private individuals, businesses, and dealerships.

find out more

Used Equipment Sales Agreement

A Canadian-law governed agreement for the sale and purchase of used equipment, defining terms, conditions, and obligations for both parties.

find out more

Offer To Sell

A Canadian-compliant formal written proposal from a seller to a buyer, detailing terms and conditions for the sale of goods, services, or assets.

find out more

Vehicle Purchase Form

A standardized form for vehicle purchases in Canada, documenting sale terms and ensuring regulatory compliance across Canadian jurisdictions.

find out more

Contract To Sell Land

A legally binding agreement for the sale and transfer of land in Canada, compliant with federal and provincial property laws.

find out more

Lease To Purchase Contract

A Canadian legal agreement combining a property lease with a future purchase option, structured according to federal and provincial property laws.

find out more

Real Estate Listing Contract

A Canadian-jurisdiction agreement between a property owner and real estate brokerage establishing terms for marketing and selling real property.

find out more

Definitive Purchase Agreement

A Canadian law-governed agreement that finalizes the terms and conditions for the purchase and sale of a business, its assets, or shares in an M&A transaction.

find out more

Furniture Sale Agreement

A Canadian-law governed agreement establishing terms and conditions for furniture sales, including delivery, warranties, and payment terms.

find out more

Software Sales Contract

A Canadian-law governed agreement for software sales and licensing, defining terms between vendor and purchaser including rights, obligations, and compliance requirements.

find out more

Sales Rep Agreement

Canadian-law governed agreement establishing terms for independent sales representation, including commission structure and territorial rights.

find out more

Sale Deed Agreement

A Canadian legal document that transfers property ownership from seller to buyer, complying with federal and provincial property laws and registration requirements.

find out more

Export Sale Contract

A Canadian law-governed contract establishing terms for international sale and export of goods, including delivery, payment, and regulatory compliance requirements.

find out more

Contract To Sell Motor Vehicle

A Canadian-law governed agreement for the sale and transfer of ownership of a motor vehicle, detailing terms, conditions, and legal requirements of the transaction.

find out more

Vehicle Sale Deed Agreement

A Canadian legal document formalizing vehicle ownership transfer between parties, detailing sale terms and ensuring compliance with federal and provincial regulations.

find out more

Vehicle Offer And Sale Agreement

A Canadian-compliant legal agreement documenting the terms and conditions for the sale and purchase of a vehicle, ensuring protection for both seller and buyer.

find out more

Sale Of Agreement For Land

A Canadian legal agreement documenting the terms and conditions for the transfer of land ownership between a vendor and purchaser, governed by federal and provincial laws.

find out more

Manufacturer Representative Agreement

A Canadian law-governed agreement establishing terms between a manufacturer and sales representative for product promotion and sales within a defined territory.

find out more

Land Sale Agreement Form

A standardized legal document for real property transfers in Canada, outlining terms and conditions of sale while ensuring compliance with Canadian property law.

find out more

Exclusive Sales Contract

A Canadian-law governed agreement establishing exclusive sales rights between a supplier and sales representative, defining territory, terms, and performance requirements.

find out more

Agreement To Sell Personal Property Form

A Canadian legal agreement for the sale and transfer of personal property, establishing terms, conditions, and obligations for both buyer and seller.

find out more

Pleasure Craft Sales Contract

A Canadian-law governed contract for the sale and purchase of pleasure craft vessels, including terms of sale, vessel specifications, and ownership transfer requirements.

find out more

Bona Fide Sales Contract

A Canadian law-governed contract formalizing the sale and purchase of goods, detailing terms, conditions, and obligations of both parties.

find out more

Agreement To Sell House

A Canadian legal contract documenting the terms and conditions for the sale and purchase of residential property, ensuring compliance with federal and provincial real estate laws.

find out more

Lease Option Property For Sale

A Canadian legal document combining a property lease agreement with an option to purchase, establishing terms for both rental period and potential future sale under Canadian law.

find out more

Motor Vehicle Retail Installment Sales Contract

A Canadian-compliant contract for the sale and financing of motor vehicles through installment payments, combining purchase terms with financing arrangements.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are 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

2 Docs LeftAccess Now