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The document is an Agreement of Purchase and Sale for a property located at 209 Queen Street, Chatham Kent, Ontario. It outlines the terms of sale between the buyer, Alastair McIntyre, and the seller, Gerald George Burton, including the purchase price of CAD 50,000, deposit details, included chattels and excluded fixtures, conditions for inspection and insurance, completion date, title search provisions, and responsibilities regarding taxes and adjustments. The agreement also includes clauses on irrevocability of the offer, closing arrangements, and legal compliance.

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Can anyone use OREA form?

These OREA Standard Forms and Clauses are for use by OREA members and certain licensees only. Any other use or reproduction is prohibited except with the prior written consent of OREA.

Can anyone use Orea form?

These OREA Standard Forms and Clauses are for use by OREA members and certain licensees only. Any other use or reproduction is prohibited except with the prior written consent of OREA.

Who prepares the agreement of purchase and sale in Ontario?

Help \u2013 What is the agreement of purchase and sale? In Ontario, the realtor will usually provide you with a standard Ontario Real Estate Association (OREA) form 100 to fill out and send to the seller's. This offer to purchase, once signed by all parties, becomes your Agreement of Purchase and Sale.

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How do I get out of a buyer representation agreement in Ontario?

Buyer representation agreements can be cancelled if there is mutual consent with your agent and your BRA contains a clause that allows you to do so. BRAs only define your relationship with the agent or brokerage. You are not forced to purchase a home with them or during the length of the contract.

What is Schedule B in real estate Ontario?

A schedule (usually Schedule \u201cB\u201d) attached to the APS will also say whether the trust account where the money is held will generate interest. If the trust account doesn't generate interest, you will not receive any interest while your deposit is held there.

Is Orea Form 801 mandatory?

Next the Ontario Real Estate Association decided to introduce the form 801 to make things easier for all agents. The form captures all the information from the offer, meaning less paperwork to store. This form is not mandatory, just a way to reduce paper.

What is Form 300 Orea?

Buyer Representation Agreement - OREA Form 300 The Buyer Representation Agreement is between you (the home buyer) and your Realtor's Brokerage. It gives the Brokerage permission to act on your behalf in the purchase of a property and must be signed prior to a Realtor submitting an offer on your behalf.

What is confirmation of cooperation and representation form?

Confirmation of Cooperation \u2013 OREA Form 320 The Confirmation of Cooperation details the type of relationship the Buyer and Seller have with their agent/brokerage (eg. Client or Customer) and the commission agreement between the Seller's brokerage and the Buyer's brokerage.

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