Ƶ

Real Estate Purchase Contract for Canada

Real Estate Purchase Contract Template for Canada

A legally binding agreement governed by Canadian federal and provincial laws that facilitates the transfer of real property ownership from a seller to a buyer. This comprehensive document outlines all terms and conditions of the property sale, including purchase price, payment terms, closing conditions, and both parties' rights and obligations. It incorporates relevant provincial real estate regulations, property transfer requirements, and specific jurisdictional considerations that vary across Canadian provinces and territories. The agreement serves as the primary document in real estate transactions, ensuring compliance with local property laws and protecting the interests of all parties involved.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Real Estate Purchase Contract

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Real Estate Purchase Contract?

The Real Estate Purchase Contract is a fundamental legal document used in Canadian property transactions to formalize the agreement between a buyer and seller for the transfer of real property ownership. This document is essential for any real estate transaction in Canada, whether residential or commercial, and must comply with both federal regulations and specific provincial/territorial requirements. It includes crucial details such as property description, purchase price, deposit terms, closing conditions, warranties, and various contingencies that may affect the transaction. The contract serves multiple purposes: it protects both parties' interests, ensures compliance with local real estate laws, facilitates the property transfer process, and provides a clear framework for resolving any disputes that may arise. Its content and structure are influenced by provincial real estate acts, property laws, and established legal precedents in Canadian real estate law.

What sections should be included in a Real Estate Purchase Contract?

1. Parties: Identification of the buyer(s) and seller(s) with full legal names and addresses

2. Background: Context of the transaction and brief property description

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed legal description of the property and included fixtures/chattels

5. Purchase Price: Total purchase price and payment structure, including deposit details

6. Deposit: Amount, payment timing, and handling of the deposit

7. Closing Date: Specified date for completion of the transaction

8. Title and Ownership: Provisions regarding clear title and transfer of ownership

9. Seller's Representations and Warranties: Seller's guarantees about the property's condition and legal status

10. Buyer's Representations and Warranties: Buyer's guarantees regarding financial capability and purchase intentions

11. Conditions Precedent: Conditions that must be satisfied before the agreement becomes firm

12. Closing Procedures: Steps required to complete the transaction

13. Adjustments: How property taxes, utilities, and other expenses will be prorated

14. Risk: Responsibility for the property between agreement signing and closing

15. Default: Consequences of either party failing to fulfill obligations

16. Notices: How formal communications between parties should be made

17. General Provisions: Standard contract clauses including governing law, entire agreement, etc.

What sections are optional to include in a Real Estate Purchase Contract?

1. Financing Conditions: Used when buyer requires mortgage financing to complete purchase

2. Property Inspection: When buyer wishes to conduct professional inspection before firm purchase

3. Sale of Buyer's Property: When purchase is conditional on buyer selling their existing property

4. Tenant Rights: Required when property is currently tenanted

5. GST/HST: Required for new properties or commercial properties subject to GST/HST

6. Foreign Buyer Provisions: Required when buyer is not a Canadian resident

7. Multiple Unit Properties: For properties with rental units or multiple dwellings

8. Environmental Conditions: For properties requiring environmental assessment or with known issues

9. Renovation/Construction Requirements: When specific work must be completed before closing

10. Cooperative/Condominium Provisions: For purchases of units in cooperative or condominium buildings

What schedules should be included in a Real Estate Purchase Contract?

1. Schedule A - Property Details: Comprehensive legal description and included items

2. Schedule B - Purchase Price Breakdown: Detailed breakdown of purchase price, deposits, and payment schedule

3. Schedule C - Included Chattels: List of moveable items included in the sale

4. Schedule D - Excluded Fixtures: List of attached items not included in the sale

5. Schedule E - Current Tenancies: Details of existing lease agreements and tenant information

6. Schedule F - Property Condition Disclosure: Seller's disclosure of known property conditions and issues

7. Schedule G - Title Exceptions: List of permitted encumbrances and title restrictions

8. Appendix 1 - Property Survey: Current survey of the property boundaries and structures

9. Appendix 2 - Property Photographs: Documentation of property condition at time of agreement

10. Appendix 3 - Required Repairs: List of repairs agreed to be completed before closing

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Service Agreement

Cost

Free to use
Relevant legal definitions

















































Clauses






































Relevant Industries

Real Estate

Banking and Finance

Legal Services

Insurance

Property Development

Construction

Property Management

Professional Services

Government and Public Sector

Residential Housing

Commercial Property

Investment and Asset Management

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Property Management

Investment

Operations

Finance

Documentation

Due Diligence

Corporate Services

Business Development

Asset Management

Relevant Roles

Real Estate Agent

Real Estate Broker

Property Lawyer

Conveyancing Lawyer

Legal Counsel

Property Manager

Real Estate Developer

Investment Manager

Mortgage Broker

Title Examiner

Compliance Officer

Real Estate Paralegal

Property Appraiser

Real Estate Investment Advisor

Contract Administrator

Risk Manager

Real Estate Portfolio Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Equipment Rental Agreement Terms And Conditions

Canadian-compliant equipment rental terms and conditions document establishing rights and obligations between equipment lessors and lessees.

find out more

Snow Plowing Contract

Canadian-law governed agreement for professional snow removal services, incorporating provincial regulations and municipal requirements.

find out more

Property Maintenance Contract

A Canadian-law governed agreement establishing terms and conditions for property maintenance services, including service scope, standards, and compliance requirements.

find out more

Business To Business Contract

Canadian B2B contract template for establishing legal commercial relationships between business entities under Canadian federal and provincial law.

find out more

Yoga Instructor Service Agreement

A Canadian-law governed agreement establishing the professional relationship between a yoga instructor and a hiring facility, outlining service terms, compensation, and operational requirements.

find out more

Service Level Guarantee

A Canadian-compliant legal document that defines guaranteed service performance levels and remedies for non-compliance.

find out more

Lease Agreement For Trucking Company

Canadian-law governed agreement for commercial vehicle leasing in the trucking industry, incorporating federal and provincial transportation and leasing regulations.

find out more

Professional Services Agreement

A Canadian-law governed agreement establishing terms and conditions for professional service delivery, including scope, payment, and compliance requirements.

find out more

Notarial Contract

A formally authenticated legal document prepared and certified by a licensed Canadian notary public, complying with provincial notarial requirements and regulations.

find out more

Distance Contract

A Canadian-compliant contract for remote transactions between vendors and consumers, incorporating federal and provincial requirements for distance selling.

find out more

Client Confidentiality Policy

A policy document outlining standards and procedures for protecting client confidential information in compliance with Canadian privacy laws.

find out more

Labor Agreement

A Canadian employment agreement establishing terms and conditions of employment under federal and provincial labor laws.

find out more

Client Agreement Form

A Canadian-law governed agreement establishing the terms and conditions between a service provider and client, outlining service scope, responsibilities, and key obligations.

find out more

Apartment Rental Lease

A legally binding agreement for residential apartment rental in Canada, compliant with provincial tenancy laws and federal requirements.

find out more

General Contract For Services

Canadian-law compliant General Contract for Services template establishing service provision terms, responsibilities, and obligations between parties.

find out more

Bartender Contract

A Canadian-compliant employment agreement for bartending positions, covering essential terms and alcohol service requirements under federal and provincial regulations.

find out more

House Share Agreement

A Canadian legal agreement establishing terms and conditions for multiple occupants sharing a residential property, governed by provincial residential tenancy laws.

find out more

Training Agreement Between Company And Trainer

A Canadian-law governed agreement between a company and training provider establishing terms for professional training service delivery.

find out more

Supply Agreement Contract

A Canadian-law governed agreement establishing terms and conditions for the supply of goods between parties, including ordering, delivery, pricing, and quality requirements.

find out more

Service Bond Agreement

A Canadian legal agreement binding an employee to serve an organization for a specified period in return for employer-provided training or education.

find out more

Reservation Contract

A Canadian-law governed contract establishing terms and conditions for service, facility, or accommodation reservations, including payment terms and cancellation policies.

find out more

Public Service Agreement

A Canadian jurisdiction contract governing public service delivery between government entities and service providers, ensuring compliance with federal and provincial regulations.

find out more

Operation And Maintenance Contract

Canadian-law governed agreement for operation and maintenance services, defining service provider and owner responsibilities, performance standards, and compliance requirements.

find out more

Framework Contract In Procurement

A Canadian procurement framework agreement establishing terms for multiple future purchases, complying with federal and provincial procurement regulations.

find out more

Exclusive Buyer Brokerage Agreement

A Canadian real estate agreement establishing exclusive representation rights between a brokerage firm and property buyer, governed by federal and provincial regulations.

find out more

Enterprise Subscription Agreement

Canadian-law governed agreement for enterprise-wide software/service subscriptions, defining terms between service providers and enterprise customers.

find out more

Development Services Agreement

A Canadian-law governed agreement between a development service provider and client, outlining terms for software or technology development services.

find out more

Customer Protection Agreement

A Canadian-compliant agreement establishing consumer rights and business obligations for customer protection across various sectors.

find out more

Clearing Agreement

A Canadian law-governed agreement establishing the terms for clearing and settlement services between a clearing member and its client, detailing operational requirements and regulatory compliance.

find out more

Administrative Contract

A Canadian-law governed contract for administrative services between government entities and service providers, incorporating federal and provincial public sector requirements.

find out more

Transfer Contract

A Canadian legal document facilitating the formal transfer of assets or rights between parties, governed by federal and provincial regulations.

find out more

Shared Services Agreement

Canadian-law governed agreement establishing terms for shared services between organizations, including service delivery, performance metrics, and compliance requirements.

find out more

Payment Settlement Agreement

A Canadian legal document that formalizes payment settlement terms between parties, including payment schedules, release of claims, and enforcement provisions.

find out more

Web Development Agreement

A Canadian-law governed agreement between a web developer and client outlining terms for website development services, including scope, deliverables, and legal compliance.

find out more

Dispatcher Agreement

A Canadian-law governed agreement establishing terms and conditions between an organization and a dispatcher, outlining service delivery terms and compliance requirements.

find out more

Personal Services Contract

A Canadian-compliant agreement governing the relationship between an independent service provider and client, establishing terms for services, payment, and contractor status.

find out more

Staff Contract

A Canadian-law governed employment agreement establishing terms and conditions between employer and employee.

find out more

Volunteer Agreement

A Canadian legal document establishing the terms and conditions of volunteer service, distinguishing it from employment while ensuring regulatory compliance.

find out more

Home Repair Contract

A Canadian-compliant contract between a contractor and homeowner for residential repair services, outlining work scope, terms, and mutual obligations.

find out more

Loan Agreement Document

A Canadian-law governed agreement establishing terms and conditions for lending money, including loan amount, interest, repayment terms, and security arrangements.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it