Immoveable Property Sale Agreement Template

Business-in-a-Box's Immoveable Property Sale Agreement Template

Document content

This immoveable property sale agreement template has 3 pages and is a MS Word file type listed under our real estate documents.

Sample of our immoveable property sale agreement template:

IMMOVEABLE PROPERTY SALE AGREEMENT This Immoveable Property Sale Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Vendor/Transferor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Purchaser/Transferee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] BEFORE: [INDIVIDUAL NAME], the undersigned Witness in and for the [State/Province] of [STATE/PROVINCE]; 1. SALE 1.1 The Vendor does hereby sell, assign and make over with legal warranty to the Purchaser hereto present and accepting the following immoveable property namely: DESCRIPTION "An emplacement situated in [CITY], [State/Province] of [STATE/PROVINCE], known and designated as: a part of subdivision [NUMBER] of original lot [NUMBER] on the official Plan and Book of Reference of the City of [CITY], registration division of [STATE/PROVINCE], described as follows: [DESCRIBE PROPERTY] the whole as shown on the technical description and the plan prepared by [NAME] on [DATE]. 2. POSSESSION The Purchaser shall be the absolute owner of the presently sold Property as and from this date and will take possession thereof forthwith. 3. VENDOR'S DECLARATIONS The Vendor declares and warrants: 3.1 that the Property is free and clear of all hypothecs and encumbrances whatsoever, save and excepting: 3.1.1 a vendor's privilege and a hypothec in favor of [COMPANY NAME]. Under a deed of sale registered at the Registration Division of [STATE/PROVINCE] under the number [NUMBER]; and 3.1.2 an assignment of debt whereby the Vendor under the aforesaid deed of sale assigned as collateral security the balance of sale, due under said deed, to [COMPANY NAME], registered at said Registry Office under the number [NUMBER], which shall be radiated at the cost of the Vendor. 3.2 that upon execution of the present Deed of Sale, the Purchaser shall have good and marketable title to the Property, free and clear of all encumbrances and rights with the exception of: 3.2.1 the servitudes in favor of [COMPANY NAME] created under the terms of the Deeds of Servitude registered at the [STATE/PROVINCE] Registry Office under numbers [NUMBER]; 3.3 that the Property is in conformity with all applicable laws, by-laws, ordinances, rules or regulations relating to fire, health, environment, building, zoning or police rules; 3.4 that the Vendor is classified as a [COUNTRY] Resident and not as a "non resident person" within the meaning of the Income Tax Act ([COUNTRY]) and the Taxation Act, [STATE/PROVINCE]; 3

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Document content

This immoveable property sale agreement template has 3 pages and is a MS Word file type listed under our real estate documents.

Sample of our immoveable property sale agreement template:

IMMOVEABLE PROPERTY SALE AGREEMENT This Immoveable Property Sale Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Vendor/Transferor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Purchaser/Transferee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] BEFORE: [INDIVIDUAL NAME], the undersigned Witness in and for the [State/Province] of [STATE/PROVINCE]; 1. SALE 1.1 The Vendor does hereby sell, assign and make over with legal warranty to the Purchaser hereto present and accepting the following immoveable property namely: DESCRIPTION "An emplacement situated in [CITY], [State/Province] of [STATE/PROVINCE], known and designated as: a part of subdivision [NUMBER] of original lot [NUMBER] on the official Plan and Book of Reference of the City of [CITY], registration division of [STATE/PROVINCE], described as follows: [DESCRIBE PROPERTY] the whole as shown on the technical description and the plan prepared by [NAME] on [DATE]. 2. POSSESSION The Purchaser shall be the absolute owner of the presently sold Property as and from this date and will take possession thereof forthwith. 3. VENDOR'S DECLARATIONS The Vendor declares and warrants: 3.1 that the Property is free and clear of all hypothecs and encumbrances whatsoever, save and excepting: 3.1.1 a vendor's privilege and a hypothec in favor of [COMPANY NAME]. Under a deed of sale registered at the Registration Division of [STATE/PROVINCE] under the number [NUMBER]; and 3.1.2 an assignment of debt whereby the Vendor under the aforesaid deed of sale assigned as collateral security the balance of sale, due under said deed, to [COMPANY NAME], registered at said Registry Office under the number [NUMBER], which shall be radiated at the cost of the Vendor. 3.2 that upon execution of the present Deed of Sale, the Purchaser shall have good and marketable title to the Property, free and clear of all encumbrances and rights with the exception of: 3.2.1 the servitudes in favor of [COMPANY NAME] created under the terms of the Deeds of Servitude registered at the [STATE/PROVINCE] Registry Office under numbers [NUMBER]; 3.3 that the Property is in conformity with all applicable laws, by-laws, ordinances, rules or regulations relating to fire, health, environment, building, zoning or police rules; 3.4 that the Vendor is classified as a [COUNTRY] Resident and not as a "non resident person" within the meaning of the Income Tax Act ([COUNTRY]) and the Taxation Act, [STATE/PROVINCE]; 3

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