THIS AGREEMENT is made the ______ day of _________________ year _____
BETWEEN: (1) _________________ of _________________ (the ‘Buyer’); and (2) _________________ of _________________(the ‘Seller’).
NOW IT IS HEREBY AGREED as follows:
1. The Seller agrees to sell, and the Buyer agrees to buy the following property (the ‘Property’): _________________
2. The Buyer agrees to pay to the Seller and the Seller agrees to accept as total purchase price, inclusive of Value Added Tax if any, the sum of _______, payable as follows: __________ deposit herewith paid; and __________ the balance payable on delivery by cash, or cheque supported by bankers card.
3. The Seller warrants it has good and legal title to the Property, full authority to sell the Property, and that the Property shall be sold free of all liens, charges, encumbrances, liabilities and adverse claims of every nature and description whatsoever.
[4. The Property is sold as seen, and the Seller disclaims any warranty of working order or condition of the Property except that it shall be sold in its present condition, reasonable wear and tear excepted.] 1
5. The parties hereto agree to transfer title on _________________ year _____, at the address of the Seller.
6. This agreement shall be binding upon and inure to the benefit of the parties, their successors and assigns.
IN WITNESS OF WHICH the parties have signed this agreement the day and year first above. 1
_________________
Signed by the Buyer
_________________
in the presence of (witness)
Name _________________
Address _________________
_________________
Occupation _________________
1 Delete unless either (1) the seller is not selling in the course of a business or (2) the buyer is buying in the course of a business and either he buys property of this type frequently or the property is not of a type which is normally acquired for private use.
