Multi Unit Residential Income Property Schedule

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AGREEMENT OF PURCHASE AND SALE
Page 1 of 3
PART II: MULTI-UNIT RESIDENTIAL
INCOME PROPERTY SCHEDULE
Approved by the Nova Scotia Real Estate Commission for use by licensees under the Real Estate Trading Act
Property Address _______________________________________________________________________________________
Buyer(s) _______________________________________________________________________________________________
Seller(s) _______________________________________________________________________________________________
(b) The Seller warrants that the chattels described in Schedule______
INSURANCE
are owned by the Seller. The chattels, as viewed on or before the
_______ day of __________________________________
1. This Agreement is subject to the Buyer being able to obtain approval
20_______ are to remain with the property and to be transferred to
for home owner’s insurance for the property, to the satisfaction of the Buyer.
the Buyer by a General Conveyance at the time of closing, free
Confirmation shall be deemed obtained unless the Seller or the Seller’s
and clear of all encumbrances and in good working order. The
Agent is notified to the contrary in writing on or before the _______ day
Seller agrees to provide the Buyer, with the make, model and
of ___________________________________ 20_______. If notice to
serial number of the chattels being transferred, on or before the
the contrary is received, either party shall be at liberty to terminate this
___________ day of ___________________________________
Agreement and the deposit shall be returned to the Buyer.
20_______.
INSPECTION
Buyer(s)
Seller(s)
2. (a) This Agreement is subject to the Buyer, at the Buyer’s expense,
initials required
initials required
having the property inspected by an inspector(s) of the Buyer’s
(c) The parties agree to the following disposition of any leased or
choice, and the inspection(s) meeting the Buyer’s satisfaction. The
rented equipment or fixtures located on the property.
inspection(s) shall be deemed to be satisfactory unless the Seller
or the Seller’s Agent is notified to the contrary in writing on or
(Describe below if equipment leases are to be assumed, paid out or
before the _______ day of ________________________________
equipment removed. If equipment leases are being assumed, then
20_______. If said notice to the contrary is being provided it shall
the Buyer must provide written evidence of the assumption of the
be accompanied by the pertinent sections of a written inspection
leases on or before the closing date.)
report, following which either party shall be at liberty to terminate
this Agreement and the deposit shall be returned to the Buyer.
Note: In the case of leased equipment, the Buyer may be required
to purchase product from the lessor.
(b)
This property has a well and/or septic system and is subject to
Leased equipment shall be:
the additional conditions in the attached Schedule “____” Re: Water
and Septic.
Buyer(s)
Seller(s)
initials required
initials required
FIXTURES / CHATTELS / LEASED EQUIPMENT
Buyer(s)
Seller(s)
3. (a) All fixtures, and equipment attached to the property, as viewed on
or before the _______ day of ______________________________
initials required
initials required
20_______ are to remain and shall be included in the purchase
price. Refer to 3(c) for leased equipment.
Offer Date:
/
/
Buyer’s Initials:
Witness
Seller’s Initials:
Witness
PUBLISHED BY THE NOVA SCOTIA ASSOCIATION OF REALTORS ®
FORM 407-10/2008
®
WEBForms
Feb/2013

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