Contract Of Purchase And Sale (Page 4 of 5) in pdf

Contract Of Purchase And Sale Page 4

16. RISK:

All buildings on the Property and all other items included in the purchase and sale will be

and remain at the risk of the Seller until 12:01 a.m. on the Completion Date. After that time,

the Property and all included items will be at the risk of the Buyer.

17. PLURAL:

In this Contract, any reference to a party includes that party’s heirs, executors,

administrators, successors and assigns; singular includes plural and masculine includes

feminine.

18. REPRESENTATIONS AND WARRANTIES:

There are no representations, warranties, guarantees, promises or agreements other than

those set out in this Contract and the representations contained in the Property Disclosure

Statement if incorporated into and forming part of this Contract, all of which will survive the

completion of the sale.

19. PERSONAL INFORMATION:

The Buyer and Seller hereby consent to the collection, use and disclosure by the Buyer’s

and Seller’s Lawyers and/or Notaries to their agents and employees, of personal information

about the Buyer and Seller for all purposes consistent with the transaction contemplated

herein.

20. ACCEPTANCE IRREVOCABLE (Buyer and Seller):

The Seller and Buyer specifically confirm that this Contract of Purchase and Sale is

executed under seal.

It is agreed and understood, that the Seller’s acceptance is

irrevocable until after the date specified for the Buyer to either;

fulfill or waive the terms and conditions herein contained; and /or

exercise any option(s) herein contained.

21. THIS IS A LEGAL DOCUMENT. READ THIS ENTIRE DOCUMENT BEFORE YOU SIGN.

22. OFFER:

This offer, or counter-offer, will be open for acceptance until 5:00 o'clock p.m. on

______________________, 20___, and upon acceptance of the offer, or counter-offer, by

accepting in writing and notifying the other party of such acceptance there shall be a binding

Contract of Purchase and Sale on the terms and conditions set forth.

Witness

(Buyer)

(Occupation)

Witness

(Buyer)

(Occupation)

INITIALS

Contract Of Purchase And Sale Page 4