The Side Agreement (Real Estate) serves as a crucial supplementary document in Canadian real estate transactions where parties need to address specific terms or conditions that are either not included in or need to be modified from the main agreement. This document type is commonly used when parties need to handle confidential arrangements, special conditions, or modifications to the primary agreement without altering its main structure. Under Canadian jurisdiction, these agreements must comply with both federal and provincial property laws, and they are particularly useful in complex real estate transactions involving multiple parties or special circumstances. The side agreement can cover various aspects such as specific payment terms, property access rights, environmental considerations, or other unique arrangements that require separate documentation.
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1. Parties: Identification of all parties to the side agreement, including their legal names and addresses
2. Background: Context of the side agreement, reference to the main agreement, and purpose of this additional agreement
3. Definitions: Definitions of terms used in the side agreement, including references to definitions in the main agreement where applicable
4. Relationship to Main Agreement: Clarification of how this side agreement relates to and interacts with the main agreement
5. Additional Terms: Specific terms and conditions that are being added or modified through this side agreement
6. Duration and Termination: Period for which the side agreement remains in effect and conditions for termination
7. Confidentiality: Provisions regarding the confidential nature of the side agreement and its terms
8. Governing Law: Specification that the agreement is governed by Canadian law and the relevant province
9. Execution: Signature blocks and execution requirements for all parties
1. Special Conditions: Additional conditions specific to unique circumstances of the transaction
2. Payment Terms: Include when the side agreement involves additional financial arrangements
3. Property Access: Include when dealing with specific access rights or restrictions
4. Environmental Matters: Include when addressing specific environmental concerns or obligations
5. Assignment Rights: Include when there are specific transfer or assignment provisions
6. Dispute Resolution: Include when specific dispute resolution procedures are needed
7. Insurance Requirements: Include when specific insurance obligations are being modified or added
8. Notice Provisions: Include when specific notification requirements differ from the main agreement
1. Schedule A - Property Description: Detailed legal description of the property or specific areas affected by the side agreement
2. Schedule B - Additional Terms and Conditions: Detailed specifications of any complex terms or conditions
3. Schedule C - Payment Schedule: Detailed breakdown of any payment terms or financial arrangements
4. Schedule D - Required Modifications: Specific modifications to the main agreement
5. Appendix 1 - Referenced Documents: Copies or references to relevant documents mentioned in the side agreement
6. Appendix 2 - Plans and Drawings: Any relevant plans, drawings, or specifications referenced in the agreement
Relevant legal definitions
Main Agreement
Property
Effective Date
Completion Date
Parties
Additional Terms
Modified Terms
Permitted Use
Business Day
Applicable Laws
Confidential Information
Related Documents
Special Conditions
Designated Representatives
Property Access Rights
Environmental Requirements
Modification Period
Additional Consideration
Permitted Assigns
Notice Period
Authority
Compliance Requirements
Security Interest
Material Adverse Change
Force Majeure Event
Registration Requirements
Encumbrances
Development Rights
Easements
Improvements
Term
Termination Date
Default Event
Remedial Action
Associated Costs
Property
Effective Date
Completion Date
Parties
Additional Terms
Modified Terms
Permitted Use
Business Day
Applicable Laws
Confidential Information
Related Documents
Special Conditions
Designated Representatives
Property Access Rights
Environmental Requirements
Modification Period
Additional Consideration
Permitted Assigns
Notice Period
Authority
Compliance Requirements
Security Interest
Material Adverse Change
Force Majeure Event
Registration Requirements
Encumbrances
Development Rights
Easements
Improvements
Term
Termination Date
Default Event
Remedial Action
Associated Costs
Clauses
Interpretation
Integration with Main Agreement
Property Access
Environmental Compliance
Payment Terms
Additional Consideration
Property Use
Registration Requirements
Confidentiality
Liability and Indemnification
Insurance
Force Majeure
Assignment and Transfer
Termination
Default and Remedies
Notice Requirements
Dispute Resolution
Governing Law
Severability
Amendment
Entire Agreement
Representations and Warranties
Compliance with Laws
Property Maintenance
Development Rights
Regulatory Approvals
Security Interest
Recording and Registration
Cost Allocation
Further Assurances
Integration with Main Agreement
Property Access
Environmental Compliance
Payment Terms
Additional Consideration
Property Use
Registration Requirements
Confidentiality
Liability and Indemnification
Insurance
Force Majeure
Assignment and Transfer
Termination
Default and Remedies
Notice Requirements
Dispute Resolution
Governing Law
Severability
Amendment
Entire Agreement
Representations and Warranties
Compliance with Laws
Property Maintenance
Development Rights
Regulatory Approvals
Security Interest
Recording and Registration
Cost Allocation
Further Assurances
Relevant Industries
Real Estate
Construction
Property Development
Banking and Finance
Property Management
Commercial Leasing
Residential Development
Infrastructure
Retail
Hospitality
Relevant Teams
Legal
Real Estate Operations
Property Management
Facilities
Compliance
Finance
Risk Management
Asset Management
Business Development
Contract Administration
Relevant Roles
Real Estate Lawyer
Property Manager
Real Estate Developer
Contract Administrator
Legal Counsel
Real Estate Agent
Property Development Manager
Compliance Officer
Real Estate Investment Manager
Asset Manager
Facilities Manager
Real Estate Operations Director
Transaction Manager
Property Acquisition Specialist
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