3278-97RaymondsCabanLtd.Sale - Laserfiche WebLink

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AMENDED JAN. 1993 OFFER TO PURCHASE AGREEMENT OF PURCHASE AND SALE DYE & DURHAM CO INC Form No. 116 THE CORPORATION OF THE COUNTY OF ESSEX ............................................................................................................................... ("Purchaser") having inspected the property, hereby agree to and with.. :~:~0~).-I.S .07...~. ~~ ................................................................................................................................. ("Vendor"), to purchase all and singular the premises situate on the ... ~)~1 ......... side of ..... 8th.. Conc. es$£on. Rcad in the... ~.O..r~..~'~'~P. ~f....C'P. ~cl~Ds. te~..No~.~.., ........ E;o~u~...t~.of... ~s...,?~x.. known as ............ ."?~...c.a.~3...t..! .~-,~3.. ~ ............................................................................. (herein call~ the "Prope~") having frontage of about ......... ~.~. ~ .................. mom or le~, by a depth of about ... being .................... ~ Q~.. Lot No.. ~3 ................. ~.. ~CeSS~O~..7.. (~0..~eS. ~ ) ............. Registered in the Land Regist~ Office...~Q~.. ~e. ~S~. D~O~. Q~. ~S~ .NO.,. ~2 .~. ~~ ........................ at the price or sum ("Purchase Price") of . ~~. ~~'. ............................................. Dollars ($ ~.~. 0.00, ~0 .... ) as follows: ..... ~e~ ........................................................................................... Dollars ($ ~,Q0 ............ ) cash or ce~ified cheque to the said ~endor on this date as a deposit to pe held in trust ~nding completion or other termination of this Agreement, and to be credited on account of Purchase Price on closing, and covenant, promise and agr~ to ~ ~ ~ce of ~e p~c~ price on clos~g by c~ied che~, s~ject to adjusts. The provisions of Schedule "A" annexed hereto, are incorporated in and made part of this Agreement of Purchase and Sale. The Purchase Price does not include Goods and Services Tax ("G.S.T.") and if this transaction is subject to G.S.T., then applicable G.S.T. shall be in addition to the Pur- chase Price. All G.S.T. shall be collected and remitted as required by law. If this transaction is subject to G.S.T. but the Vendor is not requ red to collect or remit G.S.T., the Purchaser agrees to provide on or before closing to the Vendor or Vendor's Solicitor a written certificate in a form reasonably satisfactory to the Vendor or Vendor's Solicitor to the effect that the Vendor is not required to collect or remit the G.S.T. and shall provide the Vendor with the Purchaser's G.S.T. registration number, if applicable, failing which the applicable G.S.T. shall be paid to the Vendor on closing, tf this transaction is not subject to G.S.T., the Vendor agrees to provide on or before closing to the Purchaser or Purchaser's Solicitor a written certificate in a form reasonably satisfactory to the Purchaser or Purchaser's Solicitor certifying that the transaction is not subject to G.S.T. The Vendor represents and warrants that during the period of his or her occupancy of the Property and, to the best of his or her knowledge, prior thereto, no building on the Property has been insulated with urea formaldehyde foam insulation. This warranty shall survive completion of this transaction. All fixtures shall remain with the Property, except: and the following chattels, the property of the Vendor, shall be included in this sale for the price above-mentioned: No~e PROVIDED the ttle is good and free from all encumbrances except as aforesaid, and except local rates and minor easements for hydro, ~J~S, telephone or like services to the Property; said title to be examined by the Purchaser at his or her own expense, and the Purchaser not to ca for the product on of any title deed, abstract of t t e, survey, proof or evidence of title, other than those in Vendor's possession or under his or her control; and provided the same have been complied with, the Purchaser to accept the Property subject to Municipal requirements, including building and zoning by-laws, minor easements as above-mentioned, and to restrictions and covenants that run with the land. · .closina The Purchaser to be allowed . .uElti'l / ........ 3{13~ from the date of acceptance of this Offer to investigate the title at his or her own expense, and if within that time he or she shall furnish the Vendor in writing with any valid objection to the title, or to any outstanding Municipal work orders or deficiency notices affecting the Property, or non-compliance with zoning by-laws or that the present use of the property may not be lawfully continued, or that the buildings on the Property may not be insured against risk of fire, which the Vendor shall be unable or unwilling to remove or correct, and which the Purchaser w not wa ve, th s Agreement shall, notwithstanding any intermediate acts or negotiations be null and void and the deposit money returned to the Purchaser without interest or deduction, and the Vendor and the Agent shall not be liable for any costs or damages. Save as to any valid objection so made within such time, the Purchaser sba be conc us ve y deemed to have accepted the title of the Vendor to the Property. The Vendor hereby consents to ,the muni~p,.,ality, releasing [g the Purchast~r det{~ils of all~t{~ta, nding Mun,~ipal work orders,or d~eficielacy,,not~ces.,aff~cting.tl3e,,Property. wi~nin ±u Qays o~ remova± o~ con~ons o~ paragrapn ~ o~ ~cneQu±e -'~- This Agreement shall be completed . . ... on which date vacant possession of the Property is to be given to the Purchaser unless otherwise provided for herein. {over)