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AGREEMENT OF PURCHASE AND SALE PART II: RESALE CONDOMINIUM SCHEDULE Approved by the Nova Scotia Real Estate Commission for use by licensees under the Real Estate Trading Act Re: Condominium property
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How to fill out agreement of purchaseand sale

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How to fill out the agreement of purchase and sale:

01
Start by reading the agreement thoroughly to understand its terms and conditions.
02
Fill in the names of the parties involved in the transaction, including the buyer and seller.
03
Specify the details of the property being sold, such as the address, legal description, and any included fixtures or chattels.
04
Determine the purchase price and payment terms, including any down payments or financing arrangements.
05
Outline any conditions or contingencies that need to be met before the sale can be finalized, such as home inspections or obtaining financing.
06
Specify the closing date, which is the date when the ownership of the property will be transferred to the buyer.
07
Include any additional terms or clauses that are relevant to the specific transaction, such as a warranty or disclosure statement.
08
Sign and date the agreement, ensuring that all parties involved in the transaction do the same.
09
Keep a copy of the signed agreement for your records.

Who needs an agreement of purchase and sale:

01
Real estate buyers and sellers who are involved in the sale or purchase of a property.
02
Developers or builders who are selling new construction homes or commercial properties.
03
Real estate agents or brokers who are representing buyers or sellers in a transaction.
04
Banks or lending institutions that require a signed agreement as part of the loan approval process.
05
Lawyers or legal professionals who are responsible for drafting or reviewing the agreement on behalf of their clients.
06
Anyone involved in a real estate transaction who wants a legally binding document that outlines the terms and conditions of the sale/purchase.
Remember, it is always recommended to consult with a legal professional or real estate agent when filling out an agreement of purchase and sale to ensure that all legal requirements are met and to protect your rights and interests in the transaction.
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An agreement of purchase and sale is a legal document outlining the terms and conditions of a real estate transaction between a buyer and seller.
The buyer and seller are both required to sign and file the agreement of purchase and sale.
Fill out the agreement with the details of the property, price, terms of sale, and any conditions that need to be met.
The purpose of the agreement is to legally bind the buyer and seller to the terms of the real estate transaction.
The agreement must include the legal description of the property, purchase price, closing date, and any conditions of the sale.
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Relevant keywords

2008 402G-06 PID timeframe licensees lessor PCDS easements iii encumbrances deeded thereupon estoppel covenants CHATTELS Alternatively materially levied whereof convening CONVEYANCE RESALE REPRESENTATIONS assessments applicable restrictive NS liabilities

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