The Intent to Sell Contract serves as a crucial preliminary step in Canadian sale transactions, establishing the parties' serious intention to enter into a final sale agreement while outlining key terms and conditions. This document is particularly valuable when parties have agreed in principle to a sale but need time for due diligence, financing arrangements, or other preparatory steps before finalizing the transaction. The contract typically includes essential elements such as the proposed purchase price, timeline for completion, conditions precedent, and any exclusivity provisions. While not as detailed as a final sale agreement, the Intent to Sell Contract creates a structured framework for the negotiation process while providing certain binding obligations under Canadian law, such as confidentiality and exclusivity provisions where included. It's commonly used in real estate transactions, business sales, and significant asset transfers, offering flexibility while maintaining legal formality.
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.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identifies and provides full legal names and addresses of all parties involved in the intended transaction
2. Background: Explains the context and circumstances leading to the intent to sell
3. Definitions: Defines key terms used throughout the document
4. Subject Matter of Sale: Detailed description of the property or goods intended to be sold
5. Purchase Price: Proposed purchase price and any pricing conditions or adjustments
6. Timeline: Expected timeline for completing the final sale agreement
7. Deposit: Details of any deposit required, including amount, payment terms, and conditions for refund or forfeiture
8. Due Diligence: Outline of the due diligence process and requirements
9. Conditions Precedent: Conditions that must be satisfied before proceeding with the final sale
10. Binding Effect: Clarifies which aspects of the agreement are binding and non-binding
11. Confidentiality: Obligations regarding confidential information shared during the process
12. Termination: Circumstances under which either party may terminate the intent to sell
13. Governing Law: Specifies that Canadian law governs the agreement
14. Signatures: Execution block for all parties
1. Exclusivity: Prevents the seller from entertaining other offers during a specified period - include when requested by buyer
2. Broker/Agent Provisions: Details regarding real estate agents or brokers involved - include when agents are part of the transaction
3. Financing Contingency: Conditions related to the buyer obtaining necessary financing - include when buyer requires financing
4. Property Inspection: Terms for property inspection rights - include for real estate transactions
5. Inventory: For business sales, details of inventory to be included - use in business asset sales
6. Employee Matters: Provisions regarding existing employees - include in business sales with employees
7. Environmental Matters: Environmental inspection and compliance requirements - include for industrial or commercial property sales
8. Intellectual Property: Provisions regarding transfer of IP rights - include in business or technology sales
1. Schedule A - Property Description: Detailed description of the property or assets intended to be sold
2. Schedule B - Purchase Price Calculation: Detailed breakdown of the purchase price components and adjustments
3. Schedule C - Due Diligence Requirements: Comprehensive list of due diligence items and requirements
4. Schedule D - Timeline and Key Dates: Detailed timeline of key dates and deadlines
5. Appendix 1 - Property Documents: List of property-related documents to be provided during due diligence
6. Appendix 2 - Required Authorizations: List of required permits, licenses, and authorizations
7. Appendix 3 - Form of Final Sale Agreement: Draft or outline of the proposed final sale agreement
Relevant legal definitions
Agreement
Business Day
Closing
Closing Date
Confidential Information
Deposit
Due Diligence Period
Effective Date
Encumbrance
Exclusivity Period
Final Sale Agreement
Governmental Authority
Intended Purchase Price
Laws
Material Adverse Change
Parties
Permitted Encumbrances
Property
Purchase Price
Purchaser
Representative
Seller
Subject Matter
Term
Third Party
Transaction
Transfer
Due Diligence Materials
Binding Provisions
Non-Binding Provisions
Conditions Precedent
Termination Date
Working Capital
Business Day
Closing
Closing Date
Confidential Information
Deposit
Due Diligence Period
Effective Date
Encumbrance
Exclusivity Period
Final Sale Agreement
Governmental Authority
Intended Purchase Price
Laws
Material Adverse Change
Parties
Permitted Encumbrances
Property
Purchase Price
Purchaser
Representative
Seller
Subject Matter
Term
Third Party
Transaction
Transfer
Due Diligence Materials
Binding Provisions
Non-Binding Provisions
Conditions Precedent
Termination Date
Working Capital
Clauses
Recitals
Interpretation
Definitions
Intent to Sell
Purchase Price
Deposit
Due Diligence
Conditions Precedent
Exclusivity
Confidentiality
Representations and Warranties
Covenants
Access Rights
Time Periods
Binding Effect
Non-Binding Provisions
Expenses
Notices
Assignment
Amendment
Termination
Governing Law
Dispute Resolution
Force Majeure
Entire Agreement
Severability
Further Assurances
Counterparts
Good Faith
Authority
Interpretation
Definitions
Intent to Sell
Purchase Price
Deposit
Due Diligence
Conditions Precedent
Exclusivity
Confidentiality
Representations and Warranties
Covenants
Access Rights
Time Periods
Binding Effect
Non-Binding Provisions
Expenses
Notices
Assignment
Amendment
Termination
Governing Law
Dispute Resolution
Force Majeure
Entire Agreement
Severability
Further Assurances
Counterparts
Good Faith
Authority
Relevant Industries
Real Estate
Commercial Property
Residential Property
Manufacturing
Retail
Professional Services
Technology
Industrial
Hospitality
Agriculture
Automotive
Relevant Teams
Legal
Real Estate
Sales
Business Development
Finance
Corporate Development
Investment
Operations
Property Management
Contract Administration
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Real Estate Agent
Business Broker
Property Manager
Legal Counsel
Corporate Lawyer
Business Development Manager
Sales Director
Contract Manager
Real Estate Developer
Acquisition Manager
Investment Manager
Property Developer
Commercial Real Estate Manager
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
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
.png)
.png)