Residential Form Of Offer To Purchase (Page 4 of 4) in pdf

ACCEPTANCE By Seller (with directions regarding commission):

The Seller hereby accepts the above Offer or accepts the above Offer subject only to the following amendments (“Counteroffer”) which must be accepted by

the Buyer by _________

on the ________ day of _______________________, 20 _______. (If none, state “None”):

By the Seller’s signature below, the Seller acknowledges (and agrees) to pay to the Listing Broker above named an agreed commission of ___________

_________________________________________________________________________________________________________________________

(State in terms of percentage of total purchase price or dollars) plus applicable Goods and Services Tax. The Seller directs and authorizes the Listing

Broker to retain and apply in payment of the commission which the Seller will owe to the said Broker in connection with the purchase and sale

transaction the deposit or so much thereof as is required to pay such commission at the time specified in the listing agreement between the Listing

Broker and the Seller or when permitted by applicable law. The Seller further directs and authorizes the Seller’s solicitor named below to pay promptly to

the Listing Broker any unpaid balance of the commission out of the sale proceeds as soon as the same are properly payable to the Seller. The Seller

agrees not to revoke the foregoing directions and authorizations unless such revocation is agreed to in writing by the Listing Broker.

Signed by the Seller at _____________

this _____________________ day of ________________________ , 20 _________.

_______________________________________________________

Witness

Seller

_______________________________________________________

Witness

Seller

_______________________________________________________

________________________________________________________________________________________________

Name of Seller’s Solicitor

ACCEPTANCE BY BUYER OF COUNTEROFFER

The Buyer hereby accepts the above Counteroffer.

Signed by the Buyer at ________

this _______________ day of ____________________ , 20 ______.

_______________________________________________________

Witness

Buyer

_______________________________________________________

Witness

Buyer

NOTE: If the Buyer wishes to accept the Counteroffer (if any) but subject to any additional terms or conditions, this will constitute a counter-counteroffer

and the Buyer should submit an entirely new Offer to Purchase.

HOMESTEADS ACT

The parties are advised that if the Property is a “homestead” within the meaning of The Homesteads Act, and if the ownership of both spouses or common-law

partners is not registered on the title to the Property, the spouse or common-law partner whose name is not on title but has homestead rights in the Property

must consent to the disposition (below) or provide a Release of Homestead Rights in accordance with that Act.

HOMESTEADS ACT CONSENT TO DISPOSITION AND ACKNOWLEDGMENT

I, the spouse or common-law partner of the Seller, consent to the disposition of the homestead effected by this instrument and acknowledge that:

I am the first spouse or common-law partner to acquire homestead rights in the property.

A previous spouse or common-law partner of my current spouse or common-law partner acquired homestead rights in the property but those

rights have been released or terminated in accordance with The Homesteads Act.

I am aware that The Homesteads Act gives me a life estate in the homestead and that I have a right to prevent this change of the homestead by

withholding my consent.

I am aware that the effect of this consent is to give up my life estate in the homestead to the extent necessary to give effect to this change of the

homestead.

I execute this consent apart from my spouse or common-law partner freely and voluntarily without any compulsion on the part of my

spouse or common-law partner.

–––––––––––––––––––––––––––––––––––––––––

–––––––––––––––––––––––––––––––––––––

––––––––––––––––––––––––––––

Name of Spouse or Common-law Partner

Signature of Spouse or Common-law Partner

Date

–––––––––––––––––––––––––––––––––––––––––

–––––––––––––––––––––––––––––––––––––

––––––––––––––––––––––––––––

Witness

Signature of Witness

Date

A Notary Public in and for the Province of Manitoba. A Commissioner for Oaths in and for the Province of Manitoba.

My commission expires: _______________________

Or other person authorized to take affidavits under The Manitoba Evidence Act (specify). _______________________

BROKER’S RECEIPT FOR DEPOSIT PAID IN CASH (Not required if deposit paid by cheque)

__________________________________________________________________________________________________ (insert name of Broker)

hereby acknowledges receipt of the above cash deposit, and undertakes to pay it over to the Listing Broker on the next business day

following the acceptance of this Offer. (Delete Undertaking if receipt given by Listing Broker.) Said deposit shall be held in trust by the Broker

or Brokers receiving it as specified in paragraphs 2(c) and 2(d) of this Offer.

__________________________________________________________

(Signature of Broker or Authorized Official or Salesperson)

Buyer’s initials __________ Seller’s initials __________

Page 4 of 4

PRINTED BY THE MANITOBA REAL ESTATE ASSOCIATION - April 2013

WEBForms

Aug/2013

Residential Form Of Offer To Purchase Page 4

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